Singapore took the top spot by a landslide as the world’s most interested country in the upcoming Merge based on frequency of search terms in the weeks leading up to the event. A new report released from CoinGecko uncovered the places around the world most interested in the upcoming Ethereum Merge. The data found Singapore...Continue Reading
Despite a slight recovery, DeFi TLV has lost $250 billion this year. DeFi dapps showed a slight recovery for the first time since May, with the daily average of unique active wallets (UAWs) increasing 3.7% on a month-over-month basis, according to a report from DappRadar. The rise was partially driven by the Flow protocol, which rose 577%...Continue Reading
Hackers redirected The Sandbox followers to a fake raffle giveaway URL and even tried to rent Bored Ape NFTs from Instagram users. Metaverse platform The Sandbox saw its Instagram profile hacked and used to try and rent out Bored Ape Yacht Club nonfungible tokens (NFTs) from a number of users on the social media platform....Continue Reading
The House members asked for clarification on whether the Fed may be considering an “intermediated model” for a digital dollar that could require authorization from Congress. Members of the House Committee on Financial Services have called for Federal Reserve vice chair Lael Brainard to clarify her position on a central bank digital currency ahead of...Continue Reading
Coinbase says that the Treasury overstepped its authority in issuing the Tornado Cash sanctions. According to a new lawsuit filed in the U.S. District Court, Western District of Texas. On Thursday, six users of the Ethereum blockchain and cryptocurrency mixer Tornado Cash sued the U.S. Department of Treasury, alleging that its recent designation of 44...Continue Reading
Chainalysis Crypto Incident Response team helped law enforcement trace stolen funds to cash out points and for their subsequent freeze. On Thursday, blockchain forensics firm Chainalysis said that law enforcement had recovered $30 million in crypto stolen from the $625 million Ronin Bridge hack in March. According to Chainalysis, Lazarus Group, the North-Korea linked entity...Continue Reading
“I look forward to working with crypto projects and intermediaries looking to come into compliance with the laws,” said Gary Gensler. United States Securities and Exchange Commission chair Gary Gensler supports legislation that gives the Commodity Futures Trading Commission greater authority over crypto — seemingly if it doesn’t step on the SEC’s toes. In written...Continue Reading
Is Bitcoin (BTC) heading back down? What caused the sudden pullback to $18.5K? Join us as we discuss this and more with Tim Warren, co-host of Coffee N Crypto, and Ray Salmond. In this week’s episode of Market Talks, we welcome Ray Salmond, head of markets at Cointelegraph. The main topic of discussion with Ray...Continue Reading
Jerome Powell said that he also had “close family members” who argued that crypto was still in the development phase, suggesting Bitcoin proponents may be close to home. Peter Goettler, the CEO of United States-based think tank Cato Institute, has provided an update to the crypto community on the man who photobombed former Federal Reserve...Continue Reading
Industry experts explain how the Ethereum Merge will impact enterprise adoption for business use cases. A recent report from the Ethereum Enterprise Alliance (EEA) highlights how the Ethereum ecosystem has matured to a point where the network can be used by businesses to solve real-world problems. From supply chain management use cases to payment solutions...Continue Reading
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