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Learn Concept: Understanding Regulatory Impacts on Cryptocurrencies
December 13, 2023
With the rise of digital currencies, many countries are implementing regulation policies to mitigate risks and create a safer ecosystem for cryptocurrency use. For example, increased Senate support has been …
Read moreS&P Global Ratings Reveal Stability Assessment of Major Stablecoins
December 13, 2023
S&P Global, widely known for the S&P 500 Index, announced the launch of a new stability assessment for different stablecoins, ranking USD Coin (USDC), Gemini Dollar (GUSD), and Paxos' Pax …
Read moreElizabeth Warren's Crypto AML Bill Stirring Controversy, Unlikely to Pass
December 12, 2023
Support is growing in Congress for the Digital Asset Anti-Money Laundering (AML) Act proposed by Senator Elizabeth Warren, but it's been noted that most bills sponsored by the senator don't …
Read moreTwo-Month Extension for Do Kwon's Custody in Montenegro
December 12, 2023
Terraform Labs co-founder, Do Kwon's stay in Montenegro has been extended by two months. The action comes amid potential extradition of the crypto-tycoon to the United States or South Korea, …
Read moreCelestia to Integrate with Polygon CDK for Data Availability in 2024
December 12, 2023
Celestia, a data availability solution, will integrate with Polygon's Chain Development Kit (CDK) in early 2024, ensuring more efficient data availability for Polygon-based networks. This integration could potentially help reduce …
Read moreNew Advanced Type-1 zkEVM Introduced by =nil; Foundation to Boost Ethereum's Security and Scalability
December 12, 2023
A recent significant development in the world of blockchain by the =nil; Foundation is the introduction of its proprietary Type-1 Zero-Knowledge Ethereum Virtual Machine (zkEVM), powered by autonomous circuit compiler …
Read moreSam Bankman-Fried's Defense Finds Fraud Trial Unwinnable
December 12, 2023
Sam Bankman-Fried's defense led by Professor David Mills of Stanford University Law School reveals that the recently concluded fraud trial was nearly an 'impossible win'. This admission came in the …
Read moreCrypto Exchange KuCoin Settles New York Lawsuit for $22M
December 12, 2023
Crypto exchange, KuCoin has come to an agreement to pay $22 million to settle a lawsuit filed by the office of the New York State Attorney General. In addition, as …
Read moreAvalanche Makes Notable Weekly Gains While Bucking the Crypto Decline
December 12, 2023
The AVAX token by Avalanche overcame recent downturns in the cryptocurrency market to post an impressive 79% boost this week, whereas other major cryptocurrencies slipped. Analysts attribute this performance to …
Read moreFTX Contests IRS's $24 Billion Tax Bill, Claims Adverse Impact on Victims Recovery
December 12, 2023
A colossal $24 billion tax bill proposed by the United States Internal Revenue Service (IRS) is being disputed by bankrupt crypto exchange FTX. The firm asserts that it has “never …
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