With the announcement of AIP-1’s release by the Arbitrum Foundation, interest in Arbitrum has surged in the crypto community. The primary objective of this work is to establish a platform-wide decentralized governance system that encourages robust user engagement in policymaking. By giving token holders a say in the platform’s development,
The Arbitrum Foundation started to clarify its stance on the recent controversy surrounding its token allocation process, which led to a 6% decline in the price of the ARB token. Following a loud uprising by holders of the ARB token, Arbitrum fell over the weekend as the network struggled to
A cascade of tragic financial disasters in 2022 has altered the future scope of cryptocurrency regulations. The crypto market archived the two colossal crashes – Terra Luna collapse and the FTX collapse – in its history. The aftermaths of these terrible events urged the regulators to investigate and dive into
Economic superpowers are stepping up their efforts to break free from US dollar hegemony, raising the possibility of the emergence of a new global order. Jim O’Neill, a former chief economist at Goldman Sachs, urged the BRICS bloc to grow and challenge the dollar’s hegemony this week. He stated that
Global crypto market is balancing between gains and losses at present. The extreme falls witnessed in the post-June 2022 bear market are slowly in the recovery phase. Let’s observe some of those recovering altcoins in this article. The top gainers for the day, according to CoinMarketCap data, are Conflux (CFX),
The cryptocurrency market as a whole, including Bitcoin, has had a terrible 2022. Furthermore, Bitcoin, the world’s biggest cryptocurrency, lost approximately 65% of its market value in 2022. In the past 24 hours, Bitcoin price has witnessed nearly 6% rise as per CoinMarketCap. However, the price of Bitcoin has been
The largest cryptocurrency market player, Bitcoin (BTC), started to outperform the market as a result of the failure of major banks like Silicon Valley Bank and Credit Suisse, which affected confidence in traditional financial institutions. Also, Bitcoin’s double-digit surge this year has surprised the crypto community. BTC began mid-March with
Market intelligence firm Santiment released the list of the top 10 cryptocurrencies, ranked by the on-chain GitHub development activities in the last 30 days. Assessing the top cryptocurrencies in the crypto market included various metrics such as price gains, social mentions, rankings on popular crypto data aggregators, and so on.
KoinBX, a leading crypto exchange, has been making waves in the world of crypto and blockchain. In recent months, the company has participated in several major industry events, including the Crypto Expo Dubai, AIBC Summit and World Blockchain Summit, where it has showcased its innovative platform and services to a
The largest crypto exchange Coinbase Global reported receiving a “Wells Notice” from the Securities and Exchange Commission. Alerts Coinbase that the SEC staff has made a “preliminary determination” to recommend an enforcement action against the cryptocurrency exchange for breaking federal securities laws. According to a regulatory filing on Wednesday, the
