Plasma aimed to increase efficiency by taking the bulk of the data off the main chain. Vitalik Buterin claimed that validity proofs could help in plugging the limitations of Plasma. As Ethereum [ETH] congestion reached record levels, the need for effective scaling solutions was higher than ever in the blockchain industry. Vitalik bats for Plasma […]
New York finance regulator tightens crypto listing guidance
Crypto firms’ policies on coin listing and delisting must align with a list of standards set by the NYDFS.
Crypto Exploits Stemming from Infrastructure Vulnerabilities, According to ImmuneFi
The prominent bug bounty platform in Web3, ImmuneFi, has published a report delineating the primary causes of crypto exploits in the current landscape. “Infrastructure is king. 46.5% of all hacks in 2022 in monetary terms occurred via infrastructure,” the statement noted. Infrastructure Faults The Cause Of Crypto Exploits In the recent report, ImmuneFi outlines that […]
Former VP Leaves Stability AI Over Copyright Concerns
Ed Newton-Rex resigned from Stability AI, contesting the company’s assertion that using copyrighted content in AI training is “fair use.”
ETH/BTC Analysis Unveils Market Trends & Potential ETF Impacts
Recently, prominent crypto analyst Daan Crypto Trades shared insights via X post, suggesting potential ETH/BTC pairing movements. Analysts are closely watching the relationship between Ethereum (ETH) and Bitcoin (BTC) as both coins navigate through market fluctuations. Daan Crypto Trades noted that the expectation is for ETH/BTC to retrace the entire move prompted by the Spot […]
Uniswap Labs Unveils Groundbreaking Android Wallet App with Seamless Swap Function
Android smartphone users can benefit from simplified DEX access, with Uniswap’s new mobile app. The new native app makes swapping “dead simple” for Android users, with features including support for multiple languages and local currencies. Following the closed beta which began in October, Uniswap Labs’ wallet app has made its fully-fledged public debut on the […]
Paxos to issue USD stablecoin in Singapore, wins initial approval
The USD-backed token will comply with Singapore’s upcoming stablecoin laws and be issued through a new local Paxos entity that’s received initial approval.
SEC Delays Approval Decision on Hashdex Bitcoin ETF
The United States Securities and Exchange Commission (SEC) has pushed back the decision on Bitcoin exchange-traded fund (ETF) approval for Hashdex. This comes at a time when the crypto community is speculating over the several applications awaiting a decision on approval from the US SEC. New Year Delay for HashDex Bitcoin ETF Application The SEC […]
US Financial Services Committee Heightens Concerns Over Digital Assets and Terrorism
The United States Financial Services Committee has written to US President Joe Biden over concerns that Hamas is utilizing cryptocurrency to conduct illicit activities. “We write today to raise serious concerns about Hamas, a designated terrorist organization by the United States, and its ability to utilize digital assets to finance its operations,” the letter stated. […]
Experts Analyse Bitcoin’s Continued Surge and Market Dominance
BTC reaches its highest value since May 2022, with analysts expecting further gains amid impending Bitcoin ETF decisions. Cathie Wood predicts Bitcoin could reach a base price of US$ 600,000 to US$ 650,000, amid potential SEC approval of a Bitcoin ETF and Bitcoin’s unique monetary role. Analyst Benjamin Cowen views Bitcoin’s recent dominance over 51% […]