Following last month’s ruling by a Wyoming court that Custodia Bank did not have the right to a Federal Reserve master account, the digital asset bank filed a notice of appeal on Friday. As the latest development in a long-running dispute over the bank’s potential access to the central bank’s
Authorities in the United Kingdom now have more power to “seize, freeze, and destroy” offenders’ crypto holdings, according to the National Crime Agency (NCA) and police. The country’s law enforcement will be able to confiscate cryptocurrency assets without first making an arrest, according to the new regulations. A press statement
The first-ever phase of Ouroboros Genesis is almost here, and with it, a massive improvement for Cardano. This shift is revolutionary since it incorporates P2P (peer-to-peer) activities in its entirety. The decentralization, security, and resilience of the blockchain are all enhanced by peer-to-peer networking. The ability to transmit and synchronize
As tensions rise within the Ethereum community, Vitalik Buterin, co-founder of Ethereum and a supporter of the network’s transition from the Proof-of-Work (PoW) to the Proof-of-Stake (PoS) consensus mechanism, has provided some justifications for the change. In particular, American entrepreneur Amanda Cassatt’s X post prompted his response. According to Cassatt,
Paolo Ardoino, CEO of Tether (the company behind the USDT stablecoin), recently went on X to provide some exciting information on the platform that would tokenize digital assets. Furthermore, Ardoino hinted at the imminent beta launch of the platform. Writing, “Can’t wait to launch the beta,” Ardoino shared his enthusiasm
The TON Foundation has recently announced an airdrop for active NFT traders and holders worth $600K. An announcement was made by the TON Foundation on X about an airdrop of 105,600 TON. This was made available to active traders on the NFT markets of Getgems, xRare, and Ton NFT Diamonds.
The Web3 Summit Dubai 2024, jointly organized by Web3 Summit, BlockNews, and LBank Labs, recently concluded at Atlantis, The Palm hotel in Dubai, marking a significant milestone during Dubai Blockchain Week. The event attracted over 100 industry leaders, distinguished representatives from renowned institutions, seasoned professional investors, and thousands of global
AI trading platforms are extremely useful for streamlining research and investment processes. Some platforms provide AI-powered insights and predictions, whereas others provide automated trading services. As experienced traders, we recognize the value of having powerful tools at our disposal. For this reason, we set out to find the best AI
Since spot Bitcoin ETFs were established in the U.S in January, BlackRock iShares Bitcoin Trust (IBIT) saw its first day of zero inflows. In the seven days after its opening on January 11th, IBIT has amassed almost $15.5 billion in investment capital, with daily investments totaling millions of dollars. On
In the wake of the recent halving, the cryptocurrency market has been grappling with downward pressure, with key indicators reflecting a mixed sentiment among traders. As of today, the total market capitalization stands at $2.37 trillion, marking a 3.76% decline, while trading volume has surged to $85.03 billion, up by
