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Ethereum Under SEC Scrutiny and Aptos Teams Up with Tech Giants for a Decentralized Finance Platform
April 18, 2024
Concerns are arising concerning the legal status of Ethereum as it is speculated that the digital cryptocurrency is under investigation by the SEC. This speculation stems from comments made by …
Read moreCrypto Industry Protests Proposed US Ban on Algorithmic Stablecoins
April 18, 2024
A legislative bill propsed by US Senators to ban algorithmic stablecoins has met with significant backlash from the crypto industry. The proposed bill, spearheaded by Senators Cynthia Lummis and Kirsten …
Read moreBitcoin Criticized Amid Market Growth; Halving Factors Shift
April 18, 2024
JP Morgan's CEO, Jamie Dimon, has reiterated his negative stance toward Bitcoin, describing it as a 'decentralized Ponzi scheme'. Despite serving as an Authorized Participant for BlackRock's spot BTC exchange-traded …
Read moreShifting Dynamics in Bitcoin ETF Market Amid Major Outflows
April 18, 2024
Bitcoin Exchange Traded Funds (ETFs) recently experienced substantial outflows with data reflecting a $165.0 million outflow on April 17, the largest since April 8. Leading institutional platform, Grayscale GBTC, registered …
Read moreTrader Guilty of $110M Fraud in Decentralized Finance Exploit
April 18, 2024
A crypto trader has been found guilty for a significant financial exploit involving the Solana DeFi platform, Mango Markets. Manipulation took place back in 2022, leading to a substantial fraudulent …
Read moreBitcoin Dominance Rises Amid Market Uncertainty, Halving Expectations
April 18, 2024
As the market anticipation for Bitcoin's quinquennial halving grows, Bitcoin Dominance is on the upswing. Simultaneously, Layer-1 and AI tokens faced a difficult week. Heightened search interest on Google reflects …
Read moreNew Zealand CBDC Roadmap Progresses to Design Consultation Stage
April 18, 2024
The Reserve Bank of New Zealand has started a new consultation process around a potential central bank digital currency (CBDC). The consultation period, announced on April 17, is looking for …
Read moreBinance Augments SAFU Fund Stability via USDC, Progresses in Regulatory Compliance
April 18, 2024
Binance, one of the major crypto exchanges, has officially transitioned its Secure Asset Fund for Users (SAFU) into Circle's USD Coin, a stablecoin widely renowned for its transparency and compliance-first …
Read moreBitcoin Mining Stocks Predicted to Spring Back Post-Halving
April 18, 2024
Investor sentiment towards Bitcoin mining stocks has been under scrutiny due to upcoming halving. Analysts, however, project they are set for a rally, particularly upon adjustment of mining hashrates to …
Read moreLearn Concept: Utilizing Ethereum's Applications in Diverse Sectors
April 18, 2024
Ethereum's blockchain technology is witnessing increased adoption across several sectors, demonstrating its versatility and potential. The advancements span accounting, digital art (NFTs), privacy network, and gaming sectors. In accounting, prominent …
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