In an era where true innovation is rare in cryptocurrency, BlockDAG has risen as a standout performer. It has garnered a remarkable $54.5 million from its 19th presale event, distributing 11.8 billion tokens priced at $0.014 each. The crypto community is abuzz with talks of Ripple’s XRP becoming more intertwined
The crypto market witnessed a major milestone as the leading banking institution, the Standard Chartered Bank, announced the launch of a trading desk for spot Bitcoin (BTC) and Ethereum (ETH). Two insiders have confirmed that the trading desk will operate from London, as reported by Bloomberg Spot cryptocurrencies including BTC
After almost three years of divergence, inflation in the United Kingdom is again back on track with the BoE’s long-term goal of 2%. There was much conjecture that the Bank of England may decrease interest rates this year in response to falling UK inflation. Additionally, cryptocurrency usage in the UK
The Crypto Tax Forum returns for its second edition, and just like last year, it is taking place entirely within the Metaverse on September 4th and 5th, 2024. This groundbreaking conference bridges the gap between tax authorities and crypto companies, encouraging crucial discussions on the most pressing crypto asset taxation
Stuart Alderoty, chief legal officer of Ripple, has offered fresh commentary on the United States Securities and Exchange Commission’s (SEC) most recent filing after a contentious week in the case. An announcement of a settlement between the regulator and insolvent Terraform Labs kicked off the drama this week. The parties
The new image compression method TiTok receives Ethereum co-founder Vitalik Buterin’s stamp of approval due to its promising blockchain applications. The new TiTok compression technique greatly decreases picture size, making it more feasible to save on the blockchain—but don’t get this mixed up with the social networking app TikTok. On
Charles Hoskinson, founder of Cardano, has suggested that blockchain technology may provide the necessary full proof elections in future elections worldwide and in the U.S. Extending the capabilities of blockchain technology is a typical occurrence among blockchain developers such as Charles Hoskinson. The new X discussion is on the risks
Crypto service providers in Zimbabwe and across the world are being sought out by the Zimbabwean government as they work on cryptocurrency sector regulations. A Zimbabwean government committee has been formed to collect data from cryptocurrency companies providing services in the country with comments due by June 26, according to
The US presidential candidate Donald Trump has turned his focus on crypto mining according to sources on Wednesday. The former US president in a recent meeting has promised to advocate mining of the leading crypto asset. He has outlined Bitcoin mining as the final source of defense against CBDC. Trump
In a historic move, the United States House of Representatives approved H.R.4763, known as the Financial Innovation and Technology for the 21st Century (FIT21) Act, on May 22. The bill, aimed at providing regulatory clarity for digital assets, passed with a significant majority in a 279 to 136 vote. This
