Another pending case against the SEC springs up after 5 years. Attorney John Denton to defend Ripple against plaintiffs who filed three lawsuits against Ripple. Ripple is getting more support from the public, most notably from the popular attorney John Deaton. According to recent tweets made by another popular defense lawyer James F. Filan, attorney […]
Bitcoin Long Terms Holders Peak as Small Addresses FOMO Into BTC After Its Return Above $20k
The number of long-term Bitcoin holders has hit an all-time high, with long-term investors holding 28% of all available BTC.
Ethereum Gas Spenders Scam Alert: Report
The top two gas consumers on the Ethereum network, according to the most recent data from blockchain security company PeckShield, are zero-transfer con artists. To access the victims’ wallets, scammers utilize bogus wallet addresses to coerce users into sending money to these addresses. It is well known that Ethereum Virtual Machine (EVM) chains are the […]
Dubai creates regulatory requirements for crypto companies
The Virtual Assets Regulatory Authority (VARA) in Dubai is set to roll out new rules of engagement that will serve as an operational guide for crypto firms domiciled in Dubai.
UK releases consultation paper for its Digital Pound project
The Bank of England and HM Treasury published the consultation paper for a Digital Pound on Tuesday, 7 February 2023. The central bank digital currency (CBDC) is envisioned as digital money to work alongside, not replace cash and that households and businesses can use in their everyday life. Yield App CIO Lucas Kiely says a […]
Bloomberg’s McGlone Says Crypto’s First Real Recession Has Arrived — But Predicts It’ll End With Something Insanely Good
Mike McGlone, Bloomberg’s senior commodity strategist, is convinced the crypto market is presently experiencing its first major recession, an indication that there’s still a long way before the cryptos recover to previous levels. Indeed, if history is anything to go by, the current crypto recession will likely end in huge milestones, McGlone notes. Bitcoin To […]
Bitcoin up 287,000% since 2011; GBPUSD 11% away from all-time low
Quick Take The pound has been in a long-term decline since the 70s. In 1971, it was 2.4 pounds to a dollar, and it is now at 1.2, a 50% drawdown. Currently, GBPUSD is at 1.20, which is only 11% away from its all-time low of 1.08. However, BTCUSD is up almost 287,000% since 2011. […]
Lido plans to develop in-protocol withdrawals
The Lido development team has announced plans to develop an in-protocol withdrawal capability as the Ethereum community prepares for the anticipated Shanghai hard fork.
How to Get Your Smart Contract Audited in 2023
To ensure the security of their smart contracts, companies are increasingly turning to third-party auditors. This is not surprising, considering smart contract auditing has become a vital part of blockchain development. With smart contracts playing an ever-increasing role in the digital world, ensuring they are secure and reliable is essential. Today we’ll explain what to […]
Dubai Regulator Issues Regulations For Virtual Asset Service Providers
VARA has released the “Full Market Product Regulations,” a set of guidelines. The laws also provide direction on other areas, such as the issuance of digital assets. New regulations for virtual asset service providers (VASPs) in Dubai have been announced by the Virtual Asset Regulatory Authority (VARA), the government body in charge of regulating cryptocurrencies […]