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John Reed Stark, a former SEC official has penned down his opinion about the phrase “SEC Regulation By Enforcement (RBE)”. He thinks the expression is “bogus”, which is used by the “Big Crypto” to misguide the actions taken by SEC. He begins the blog by mentioning quotes from crypto promoters
Cardano Network, one of the leading open-source blockchain platforms, has recovered rapidly after its brief node disruption. According to recent posts from the developers of Cardano, the blockchain ecosystem witnessed a brief outage on Sunday as 50% of nodes disconnected due to an anomaly. However, the network problem was immediately
Surprisingly, the blockchain showed a transaction from Justin Sun’s Tron DAO. A Tron DAO wallet sent $180M to the Binance exchange a few hours ago. Given the timeframe, the market impact might occur soon. Users have speculated about the possibility of forthcoming purchasing activity on the market despite the fact
South Korea’s second-largest city Busan will launch the first decentralized digital commodity exchange in the world, where all goods will be tokenized and traded using blockchain technology. The announcement came as its earlier plan to pursue a city-backed cryptocurrency trading platform. However, according to a press release from the Busan
Kana Labs, a DeFi platform that enables hassle-free and lucrative crypto lending, borrowing, and earning possible for users, recently made an official statement on its partnership with Shardeum. The prominent DeFi project announced this good news to the DeFi community through its official Twitter account. Kana is proud to announce
Capital markets advisory and token offering platform Deal Box in the United States has announced the formation of a $125 million venture capital fund focused on blockchain and Web3 firms, as stated in a press release dated January 18. Deal Box founder and current chairman Thomas Carter stated: “Deal Box
ConsenSys, an Ethereum development firm and the creator of the popular MetaMask wallet, has announced it would be laying off 11 percent of its staff. The announcement was made by CEO Joseph Lubin in a blog post earlier today. In light of what Lubin calls “challenging and uncertain market conditions,”
HashKey Capital (“HashKey”), a global asset management focusing on cryptocurrencies and blockchain technology, has announced the successful closure of HashKey FinTech Investment Fund III, its third fund, with a commitment of US$500 million. Institutional investors, including sovereign wealth funds, prominent family offices, and businesses, provided significant support for Fund III.
For the first time in history, a new consensus algorithm called “Satoshi Plus”, has been introduced by the Core DAO ($CORE), which launched its mainnet on January 14, 2023. Core DAO is a Turing-complete blockchain that utilizes the Ethereum Virtual Machine (EVM) and Satoshi Plus consensus. That allows Bitcoin’s reliability,
As one of the first Brazilian organizations to use blockchain technology. Bradesco, a major financial institution in Brazil and Latin America, has joined the cryptocurrency revolution. On January 13, 2023, the bank said that, as part of a pilot study to evaluate the viability of these technologies. It has tokenized
