“Wild” data shows that more of the BTC supply has been dormant for at least a decade than that available for purchase on exchanges. Bitcoin (BTC) exchanges have less BTC to buy than at any time since early 2018, the latest data shows. On-chain analytics firm Glassnode confirms that as of February 2023, exchange reserves...Continue Reading

Coinbase remains a leader for lobbying expenditure for the sixth year in a row, but Binance.US is accelerating its efforts. Crypto industry has been raising its lobbying efforts amid the crypto winter that began last year. In 2022, the market participants spent $25.57 million on lobbying in the United States.  This number appears in a...Continue Reading

Free-trade zones in the UAE are areas where entrepreneurs have 100% ownership of their businesses and have their own regulatory frameworks and tax schemes. Ras Al Khaimah, one of the seven emirates that make up the UAE, is set to launch a free zone for digital and virtual asset companies as the country’s approach to...Continue Reading

Illuvium council member Deraji pointed out that the community made their stand and highlighted that the event risks the reputation that the DAO worked hard to build. The community supporting Illuvium, an interoperable blockchain game, has demonstrated the power of decentralized autonomous organizations (DAOs) after blocking a scheduled nonfungible token (NFT) pack-opening event between Illuvium...Continue Reading

The co-founder and CEO of Binance, Changpeng Zhao, took to Twitter in response to a FUD-filled article published by Forbes about the exchange and its recent “shuffling” of funds. In the aftermath of the FTX collapse, Forbes published an article focused on the recent “shuffling” of funds by the cryptocurrency exchange Binance.  However, the following day on...Continue Reading

The software conversion of the crypto ATMs, which vertically integrates Bitcoin Depot’s hardware and software, eliminates annual software licensing fees. Crypto ATM installations have seen a steady decline across the world over the past several months. While some ATMs have been taken out of operation due to geopolitical tensions and revenue decline, some providers like...Continue Reading

Bitcoin core developer Luke Dashjr has called out the sellers behind an NFT auction for using his name and code without his knowledge or consent. One of the original core developers behind Bitcoin (BTC), Luke Dashjr, has taken to social media to call out an auction site that has used his name and code without his...Continue Reading

As Ethereum’s Shanghai upgrade approaches next month, one of the network’s testnets has successfully upgraded, simulating the slated hard fork. The Ethereum blockchain’s Sepolia testnet has undergone a successful upgrade that simulates the upcoming Shanghai hard fork that is expected to take place in March on the network’s mainnet. The “Shapella” upgrade, which combines the...Continue Reading

The first two months of 2023 haven’t seen a slowdown in trademark filings, with recent filings covering automotive, clothing and fast-moving consumer goods. Despite a broader downturn in related markets, multinational corporations don’t appear to have slowed down on their trademark applications covering Web3, crypto, nonfungible tokens (NFTs), and the Metaverse. The month of February...Continue Reading

Solana Labs founder and CEO Anatoly Yakovenko said claims that Solana’s network outages were caused by on-chain voting were born out of “pure ignorance.” Anatoly Yakovenko, the founder and CEO of Solana Labs has downplayed claims that Solana’s network outages were being caused by a high volume of validator messages and its on-chain voting system...Continue Reading