Amid growing internal wrangling within the Ethereum community, the protocol’s co-founder Vitalik Buterin has offered some explanations for defending the network’s switch from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus mechanism. Specifically, his response came as a direct reaction to an X post from American entrepreneur Amanda Cassatt. Ethereum Community Members Questioning PoS Switch Cassatt claimed […]

Another week ends with substantial developments witnessed across the broader crypto market globally. Amid these developments, Bitcoin ETFs, Terra, and the US SEC appear to have sparked a tidal wave of speculations among crypto market fanatics. Some of the most buzzed topics for this week are: Terra Sparks Inferences Terraform Labs (TFL), the firm that […]

Massachusetts Senate candidate John Deaton is submitting an amicus brief backing the Coinbase exchange in its appeal against the Securities and Exchange Commission (SEC). The brief underscores the urgent need for clearer digital asset regulations, pointing to what Deaton describes as the SEC’s inconsistent regulatory approach. Deaton’s legal insights draw from various sources, including cases […]

In a pivotal move, Microsoft’s CEO, Satya Nadella, is set to embark on a visit to India on February 7 and 8, with a spotlight on Artificial Intelligence (AI) and its immense potential. Notably, this journey underscores Microsoft’s commitment to leveraging technology to unlock new opportunities within the country. As India becomes a hub for […]

The world’s largest cryptocurrency Bitcoin (BTC) continues to face some selling pressure and has corrected under $63,000 dropping another 2% in the last 24 hours. On-chain data shows that Bitcoin investors are losing patience as buy calls take a dip while sell calls are on the rise. Bitcoin Sell Calls Jump Bitcoin’s price plummeted under […]

Cardano’s latest strategic investment in the Blockfrost API, developed by Five Binaries, is a significant step in its infrastructure evolution. Input Output Global, which backs Cardano, said in a blog post that Blockfrost has been instrumental for developers by providing an efficient, scalable way to access Cardano’s blockchain without a local node. It noted, “Blockfrost’s value to […]

The closure of Republic First Bank by US regulators has reverberated throughout the financial sector, marking the nation’s inaugural bank failure of 2024. This seismic event has not only shaken investor confidence but also sparked a newfound interest in cryptocurrencies. Observers keenly note a potential shift in sentiment towards digital assets following the announcement, with […]

Samson Mow, the CEO of JAN3 recently took to X to share some details about the accumulation statistics of spot Bitcoin ETF, underscoring the trends in the new asset class that were greenlighted by the United States Securities and Exchange Commission (SEC) about two weeks ago. BlackRock and Fidelity Accumulation Stat To begin with, the […]

Amid growing regulatory crackdowns in the United States, non-custodial Bitcoin lightning wallet Phoenix Wallet has revealed its plans to exit from both the Google Play Store and Apple App Stores. Phoenix Wallet US Exit is Imminent The removal will take effect from May 3rd, 2024 hence, U.S users are advised to move their assets from […]

The seemingly never-ending Ripple vs. SEC court battle has recently witnessed several twists. Last week, Ripple gave a strong reply to the SEC’s accusations of “factual mischaracterization,” further escalating the hype around the controversy. Amid the legal quandary, Ripple’s Lawyer, John Deaton, has stepped up to share key insights on the case along with other […]