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 […]
Senator Warren Stresses On AML Compliance For Crypto Validators
Senator Elizabeth Warren has called for tougher regulators for crypto validators and stablecoin users to curb global illicit trade. At the United States Senate Banking Committee Hearing, Warren noted that crypto firms must be subject to similar Anti-Money Laundering (AML) regulations as their traditional finance counterparts. Speaking at the hearing was Treasury Deputy Secretary Wally […]
Expert Links Ripple Stablecoin Ambitions to Tether’s Success
Crypto author Panos Mekras recently linked Ripple’s stablecoin ambitions to Tether’s financial success. He shared this view after learning of Tether’s impressive earnings in 2023. According to an analysis by Maelstrom, based on public records, Tether recorded a net income of approximately $6.2 billion. This marked a significant increase from its earnings in the previous […]
A16z Crypto Launches Jolt to Boost Blockchain with ZK Proofs
Andreessen Horowitz’s crypto division, A16z Crypto, has introduced Jolt, a Zero-Knowledge Virtual Machine (zkVM). This development is expected to improve blockchain systems by using zero-knowledge proofs ability, specifically SNARKs (Succinct Non-Interactive Arguments of Knowledge), to achieve scalable ZK-rollups in the Layer 2 space. Zero-Knowledge Virtual Machine Jolt comes in as a remedy in the blockchain […]
Ethereum zkSync Welcomes Circle’s USD Coin for Layer-2 Stability
Circle, a leading stablecoin issuer, has officially expanded support for its USD Coin (USDC) to include Ethereum’s zkSync, a zero-knowledge layer-2 solution. This move, announced on April 9, 2024, marks a significant enhancement for the ecosystem, enabling developers to utilize USDC on a scalable and efficient platform. The integration is expected to benefit a wide […]
Ethereum Electra Upgrade: Here Are The 4 Code Changes Embedded
The next consensus layer-focused hardfork coming to Ethereum is the Electra upgrade and developers have been busy reinforcing the upgrade with certain EIPs that offer specific functions. The 4 key EIPs were teased by Galaxy Researcher Christine Kim. Ethereum Electra Upgrade Sees Multiple Implementation The Ethereum Electra protocol is billed to go live on the […]
Beyond the Stage: Epic Networking at Global Blockchain Show & Token2049 After-Parties
In the blockchain community, constantly changing, networking goes beyond mere talking. It is the base of each innovation and growth. Blockchain conferences are the leading places where people create significant bonds and, therefore, provide attendees with distinct knowledge distribution and partnership options. Besides the actual agenda, the guest list extends to elite entertaining parties. Spaces […]
4 Trending Crypto Whales Are Selling This Week
The crypto market is in a volatile state with Bitcoin’s halving on the immediate horizon. With most investors sitting on the edge not knowing if to sell and cash out before the event or seek more exposure, it might be prudent to follow the behavior of whales who have been focused on trending crypto like […]
Cat Vs Dog-Themed Memecoins: Where are Weekly Flows Going?
Top memecoins are posting daily outflows although gains are recorded in some cat-themed and dog-themed tokens. While liquidations continue in the cryptocurrency market, some memecoins have rallied in the same period. The market capitalization of cat-themed memecoins stands at $1.7 billion, a 6.6% drop today while dog-themed rivals are at $54 billion, a slight 0.7% […]
Worldcoin (WLD) Bows To Pressure, Implements More Privacy Features
In response to mounting pressure from its global regulators, Worldcoin (WLD), the global digital identity and cryptocurrency initiative, has announced the implementation of additional privacy features. According to a blog post, the new Worldcoin features are designed to give users greater control over their personal information while maintaining the integrity of the network. Worldcoin Recommits […]