For some time now, cryptocurrencies like Bitcoin (BTC) have seen significant growth in the market. However, following periods of increased demand, or “bull seasons,” there have been dramatic drops in crypto prices due to their inherent volatility. As a result, large sums of money flow into and out of these markets with regularity. During bull … Read more
According to a Bloomberg article released recently, the US Treasury Department has called on legislators to expand its authorities for enforcing regulations against foreign entities offering cryptocurrency services. This push aims to protect our country’s security concerns. Growing Hurdles In Tracing Illicit Crypto Transactions In his statement for a Senate hearing, Deputy Secretary Adewale O. … Read more
Critic of cryptocurrencies Peter Schiff has forecasted that the creators of Bitcoin ETFs may face lawsuits from unhappy investors. According to Schiff, these customers are likely to seek out methods to recoup their significant financial losses. Additionally, the gold enthusiast holds the view that risk disclosures may not protect investors from potential lawsuits caused by … Read more
The Fantom Foundation has recently announced that their initial Sonic-technology implementing validator has become operational, signifying a major achievement for their high-performance blockchain network. Fantom Sonic Built for Scalability Fantom Sonic technology is developed to tackle the issue of blockchain congestion. Following thorough investigation, Fantom chose to expand upon the base established by the initial … Read more
Circular, a well-known issuer of stablecoins, has made an announcement on April 9, 2024, about extending the compatibility of its USD Coin (USDC) to Ethereum‘s zkSync – a zero-knowledge layer-2 solution. This development is a noteworthy advancement for the ecosystem, allowing developers to make use of USDC on an effective and scalable platform. The implementation … Read more
XRP has surpassed the $0.6 threshold once more following a week of adjustments in the prices of significant cryptocurrencies. This upward trend, fueled primarily by Bitcoin‘s rise, has resulted in many cryptocurrencies displaying gains since the weekend. XRP, which is among the top crypto assets based on market value, experienced a growth spurt. Its price … Read more
The next consensus layer-focused hardfork coming to Ethereum is the Electra upgrade and developers have been busy reinforcing the upgrade with certain EIPs that offer specific functions. The 4 key EIPs were teased by Galaxy Researcher Christine Kim. Ethereum Electra Upgrade Sees Multiple Implementation The Ethereum Electra protocol is set to be activated on the … Read more
Recently, Monad Labs successfully raised a large amount of investment funds with Paradigm leading the way. This demonstrates a strong belief from investors in the promising future of Monad Labs’ blockchain project. A $225 million investment round led by Paradigm, with participation from Electric Capital and Greenoaks, represents a strong endorsement of Monad Labs’ vision … Read more
The Shibarium platform caused a stir in the cryptocurrency community when its daily transactions suddenly increased an incredible 10x over just one day, according to Shibariumscan’s data. This significant jump has ignited conversations among crypto fans, particularly those who support the Shiba Inu project. The rise in transactions indicates a strong comeback for Shibarium, but … Read more
In 2014, Thesis – a venture studio – introduced Mezo as their latest project. Mezo is described by Thesis as a Bitcoin layer-2 solution, which they call the “Bitcoin Economic Layer.” Following a successful $21 million Series A investment round, this launch marks an exciting development for Thesis. Bitcoin Layer 2 Mezo’s Series A Funding … Read more