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Binance's Strong Stance Despite Regulatory Hurdles
October 18, 2023
Despite the growing regulatory hurdles and criticisms it faces, Binance, the world's largest crypto exchange, continues to offer a bullish outlook on the future of the crypto industry. The Chief …
Read moreCoinbase's Lobbying Challenges and Trading Volume Slowdown: Analysts' Insights
October 18, 2023
A recent report by Berenberg Capital Markets suggests that the use of cryptocurrency by Hamas militants could potentially complicate the crypto lobbying efforts of Coinbase in the United States. Lead …
Read moreEU Council Adopts Enhanced Cooperation Directive for Crypto Tax Data Sharing
October 18, 2023
The Council of the European Union (EU) has approved a directive aimed at boosting cooperation among national taxation authorities, specifically for transactions involving crypto assets. The Directive on Administrative Cooperation …
Read moreReddit to Cease Blockchain-Based Community Points Service
October 18, 2023
Reddit has announced the discontinuation of its blockchain-based Community Points feature, citing scalability issues as the main cause of the service’s demise. The Community Points were rewarded to Reddit users …
Read moreEthereum Layer 2 zkEVM Solution 'Scroll' Commences Mainnet Operations
October 18, 2023
The Ethereum Layer 2 scaling solution, Scroll, a new entrant in the zero-knowledge Ethereum Virtual Machine (zkEVM) domain has confirmed the launch of its mainnet. Scroll's mainnet had been operational …
Read moreThe Ongoing Sam Bankman-Fried Trial Unveils Intricate Details on FTX
October 18, 2023
The Sam Bankman-Fried (SBF) trial continues to unfold with former FTX director of engineering, Nishad Singh, providing detailed insight into the activities of the crypto titan and the exchange. Customary …
Read moreReddit Axes Community Points; Crypto Tokens MOON and BRICK Plunge
October 17, 2023
Reddit, the popular social news forum, has declared its intentions to halt its Community Points program and Special Memberships features by November due to scalability concerns. This announcement spurred a …
Read moreFantom Foundation Hacked, Estimated Loss Ranges Between $657K to $6.7M
October 17, 2023
The Fantom Foundation, responsible for developing the Fantom network, has allegedly become a victim of a crypto attack, with estimates of the loss ranging from $657,000 to over $6.7 million. …
Read moreUS Federal Reserve Expresses Concerns about Central Bank Digital Currencies and Stablecoins
October 17, 2023
In recent addresses, US Federal Reserve Governor, Michelle Bowman has accentuated skepticism regarding the role and necessity of Central Bank Digital Currencies (CBDCs) and stablecoins. She has expressed that financial …
Read moreFantom Foundation Acknowledges $550K Loss in Larger $7M Crypto Attack
October 17, 2023
The Fantom Foundation reported that they, along with their team, lost hundreds of thousands of dollars in a crypto attack on Oct. 17. The Foundation’s official account released a statement …
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