The Ethereum Foundation has officially launched the Trillion Dollar Security (1TS) Initiative, a sweeping multi-phase strategy to enhance the Ethereum network’s on-chain security and prepare it for global adoption. This Initiative responds to increasing demands for secure blockchain infrastructure to handle trillions of dollars in institutional and individual capital. It’s
As part of a systematic approach to ensuring the security, transparency and sustainability of its platform, MEXC, a leading global cryptocurrency exchange, regularly undergoes both technical and financial audits. One of the latest steps in this direction included the successful completion of a security audit by Hacken, a leading Web3
The U.S. Securities and Exchange Commission (SEC) has delayed its decision on Grayscale’s spot Solana (SOL) ETF. The new deadline has been pushed to October 2025, according to a filing dated May 13. The application aims to list the ETF on the New York Stock Exchange (NYSE). This move mirrors
KuCoin, a prominent global cryptocurrency exchange, is pleased to announce that it has been granted the ISO 27001:2022 certification, which is a standard for information security management systems that is recognized all over the world. Having reached this milestone, KuCoin has shown its dedication to maintaining the best possible information security
Hackers posted a fake announcement, falsely claiming that U.S. authorities, including the Securities and Exchange Commission (SEC), were investigating ZKsync. The post proposed that the U.S. Treasury could sanction the Ethereum Layer 2 protocol. This deceptive press release was meant to instill fear and uncertainty among crypto users. Through the
The new chairman of the U.S Securities and Exchange Commission, Paul Atkins, has reassured to enact a clear crypto regulatory framework in a roundtable of the SEC on May 12. The title of the roundtable was Tokenization: Moving Assets Onchain: Where TradFi and DeFi Meet. The participants of the event
Today, Crypto.com Canada made the announcement that it has been granted a restricted dealer registration on May 8, 2025 in each of the provinces and territories that make up Canada. During the time that it is working toward becoming a restricted investment dealer in Canada and becoming a member of the Canadian Investment
HashKey Group has officially launched HashKey Global MENA upon being granted a Virtual Asset Service Provider (VASP) license from the Virtual Assets Regulatory Authority (VARA) in Dubai. This is a significant milestone in HashKey’s growth strategy in the Middle East, and it makes the company a prominent player in the
A digital asset trust company, BitGo, recently got a MiCA license from BaFin. The license will permit the firm to offer regulated crypto services over the European Union. On May 12, BitGo announced through a blog post that the firm had received a license from Germany’s Federal Financial Supervisory Authority
The traditional banking system is notorious for its expensive fees, slow transfer times, and concerns regarding the privacy of user data. These problems exist because of the centralized nature of these systems, where large intermediaries such as banks are responsible for processing transactions and managing users’ information. Cryptocurrencies based on
