Sat, September 20

Circle Issued USDC Witnesses Substantial Growth in Trading Volume

New regulations in Europe regarding digital assets and a jump in market inflows caused Circle’s stablecoin trading volume to skyrocket in July. As of July 25, the market cap of USD Coin (USDC) increased 5.4% to $33.6 billion. While the trading volume for USDC pairings on centralized exchanges hit $135

August 1, 2024 2 mins read

Bahamas Advances Crypto Regulation with Enactment of New Law

The Bahamas’ Securities Commission has made historic progress in crypto regulation by adopting a new law. The newly enacted DARE (Digital Assets and Registered Exchanges) Act 2024 was formally adopted today by the regulatory authority. While this trend has gone viral throughout the world, the Bahamas is firmly establishing itself

August 1, 2024 1 min read

Worldcoin Expands to Austria Amid Growing European Presence

The worldwide presence of Worldcoin is growing steadily. Notable for its one-of-a-kind “orb” verification mechanism, the project has recently declared a major step forward in its European activities by expanding into Austria. As part of its continuing efforts to build a broad, decentralized identity verification network across Europe and beyond,

July 31, 2024 1 min read

Grayscale Officially Launches Bitcoin Mini Trust on NYSE Arca

Grayscale Investments has officially launched its Grayscale Bitcoin Mini Trust (BTC), which began trading at 4 a.m. ET on Wednesday on NYSE Arca. This development follows the SEC’s approval of the 19b-4 form for the new product last week. The BTC Trust is designed to be a “spin-off” of Grayscale’s

July 31, 2024 2 mins read

Terra Chain Resumes Operations After Emergency Upgrade Following Exploit

A series of security breaches has recently escalated in the crypto market. The well-known Terra blockchain has now been added to the list of victims. The Terra blockchain has suffered a significant security breach, resulting in the theft of tokens valued approximately $5.54 million at current prices. Their official X

July 31, 2024 2 mins read

England Law Commission Proposes New Classification for Crypto Assets

The UK’s Law Commission announced that it has initiated a new bill to evaluate the current classification of crypto assets. This announcement comes amid an increasing probability of the Bank of England initiating an interest rate-cut cycle on Wednesday. The Commission has stated that digital assets must be categorized in

July 31, 2024 2 mins read

StarkNet-Based ZKX Protocol Shuts Down Due to Economic Instability

The past few months saw the launch of several new blockchain projects within the sector. Amid a spur of activity, Ethereum L2 witnessed the launch of its safety protocol ZKX. The protocol drew market attention during its funding stages with investments from prominent community members. However, recently the protocol announced

July 31, 2024 2 mins read

Artists File Lawsuit Against SEC Over Uncertain NFT Regulations

The legal battle of the U.S. Securities and Exchange Commission (SEC) with other firms and personalities are resurfacing to the mainstream. Two renowned artists have filed a legal suit against the SEC due to the uncertain classification of non-fungible tokens (NFTs) as securities. On July 29, songwriter Jonathan Mann, popularly

July 30, 2024 2 mins read

21Shares Integrates Chainlink’s PoR for Enhanced Transparency of Ether ETF

To improve transparency regarding Ethereum reserves supporting the 21Shares Core Ethereum ETF (CETH), 21Shares U.S. LLC, an affiliate of 21Shares AG, has integrated Chainlink’s Proof of Reserve on the Ethereum mainnet. This also affirms CETH as a legitimate holder of Ether. 21Shares selected Chainlink as its decentralized computing platform because

July 29, 2024 2 mins read

BlackRock Addresses Rise in Bitcoin and Ether ETF Scams

US-based ETF giant BlackRock recently announced that there has been a notable rise in scammers targeting its ETF investors. The asset management firm has issued several ETP products including a spot Bitcoin ETF and a spot Ethereum ETF, launched in 2024.  Notably, the asset management firm announced in its X

July 29, 2024 2 mins read
Little Pepe