The crypto market is bleeding as the top digital currencies, including Bitcoin (BTC) and Ethereum (ETH) are trading in the red today. However, Lido DAO (LDO), a DeFi token, grabbed the spotlight with its exceptional price surge. The crypto gained over 15% in the trading session on Saturday, January 6, 2024, and attained a new […]

The Financial Stability Institute (FSI) in a detailed report issued on April 9th, 2024, has emphasized the necessity of a coordinated regulatory approach to stablecoins across different jurisdictions. The report stresses the necessity of stable regulatory environments to control risks attributed to stablecoins and to maintain a stable financial system. Across jurisdictions, emerging #Stablecoin regulations […]

Zilliqa blockchain announced an update to version 9.3.0 on Tuesday and informed the community of its successful transition on Saturday. It noted that the network has consistently produced blocks and processed transactions since the upgrade.  The network said, “With such a significant upgrade, it is expected that there will be some initial challenges, which we […]

Fidelity has announced plans to implement a new fee structure for exchange-traded fund (ETF) purchases. If the fund sponsors do not consent to the brokerage paying support fees, the investors will now be charged $100 for each trade on an ETF valued at $2,000 and over. On trades equivalent to or less than $2,000, the […]

Shibarium, the Shiba Inu-backed Lyer-2 scaling solution is seeing its transaction count slump in a waning adoption on the network.  Shibarium Transactions Trend Change According to data from the Shibarium Explorer, daily transactions are now pegged at 5.69 million, down from the general average of 7 million over the past month. The data shows a […]

Messari, a prominent crypto research firm, has unveiled staggering projections for Coinbase’s performance in the first quarter of 2024. The firm’s Senior Research Analyst, Kunal Goel, who spearheaded the analysis offered an optimistic outlook. In addition, he boldly forecasted a remarkable 89% surge in transaction revenue of Coinbase. Coinbase Q1 FY24 Earnings Estimate According to […]

In a significant move shaping the future of cryptocurrency in South Korea, the Financial Supervisory Service (FSS) is set to release comprehensive guidelines, marking a pivotal step in regulating virtual assets. Addressing concerns around issuance, circulation, and listing standards, the FSS aims to establish a robust framework for the burgeoning digital asset market. Meanwhile, this […]

Solana (SOL), a blockchain project renowned for its speed and scalability, recently faced a notable outage. It prompted significant scrutiny and discussion within the crypto community as some shifted to Ethereum, Solana’s eternal rival. In a recent statement, Austin Federa, Head of Strategy at the Solana Foundation, shed light on the actual cause behind the […]

The UK financial landscape is evolving with the introduction of the Digital Securities Sandbox (DSS). This initiative, managed by the Financial Conduct Authority (FCA) and the Bank of England, marks a shift towards blockchain technology in trading securities. The change, effective today, brings blockchain under the purview of the Financial Services and Markets Act, enabling […]

Coinbase, a leading cryptocurrency exchange, has announced that its UK-based users can now buy Bitcoin, Ethereum, and other cryptocurrencies using Apple Pay on their iPhones. This move aims to provide a secure and private purchasing experience.  According to Coinbase, Apple Pay‘s integration ensures that card numbers are neither stored on the device nor on Apple […]