Ether funds have witnessed inflows worth only $600,000 in the week ending April 7 compared to Bitcoin’s $56 million. Ethereum’s Ether (ETH) token continued its losing streak versus Bitcoin (BTC) for the fifth day in a row as BTC’s price jumped above $30,000 for the first time since June 2022. ETH/BTC bullish reversal fails midway...Continue Reading
According to the IMF, regulations should include with “strict prudential requirements” for stablecoin issuers following the depegging of USD Coin and Dai. The International Monetary Fund, or IMF, has pointed to the collapse of FTX as well as “turmoil” in the banking sector in its calls for regulation of digital assets. In its Global Financial...Continue Reading
While blockchain can be impactful, it’s not a one-size-fits-all solution; it’s important to consider your unique situation and needs. Supply chain reliability and efficiency are always a concern for product-based businesses, but their importance was spotlighted recently as multiple industries struggled both with obtaining needed materials and keeping their products continually available on store shelves....Continue Reading
The BTC mining firm projects its mining power will reach 16 EH/s by the end of the year. On Apr. 11, American Bitcoin (BTC) miner CleanSpark announced that it purchased 45,000 Antminer S19 XP application-specific integrated circuit (ASIC) mining rigs for $144.9 million. CleanSpark says all units will be ready for delivery by Antminer before...Continue Reading
Feelings over BTC price action diverge across short and long timeframes as the upcoming CPI and PPI prints unsettle the mood. Bitcoin (BTC) got busy testing $30,000 as new support at the April 11 Wall Street open after hitting new 10-month highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $30,000 surge decimates liquidity Data from...Continue Reading
In determining the success of Web3, security measures like PureFi’s SafeTransact, in addition to Web3 security companies, are an approach to secure transactions from cybercriminals. The success of Web3 is dependent upon solutions to the security issues posed by distinct application structures. Web3 security companies are responsible for ensuring that blockchain-based platforms and applications are...Continue Reading
The latest fork on the “roadmap” shores up the network’s new validation mechanism while finally allowing stakers access to their ETH rewards. Ethereum’s Shanghai/Capella upgrade — also known by the portmanteau Shapella — may not be the technical marvel of last year’s “Merge” or introduce turbocharged speeds to the network. Volumes of over 100,000 transactions...Continue Reading
Blockchain bridges are flourishing and are being used for much more than moving tokens. Blockchain interoperability — the interconnecting of multiple networks to allow data and value to flow seamlessly — is often envisioned in the context of consumer applications. Think DEXs adding support for numerous EVM networks, or blockchain bridges linking to the next...Continue Reading
With this move to try and kill crypto, the US is potentially ceding what could be its lead to other countries. The US Government is putting the squeeze on crypto. Recently they shut down two banks that were friendly to crypto and acting as bridges between trading exchanges and the real world. These were Silvergate...Continue Reading
A new job posting reveals an open position for general attorneys in New York, San Francisco, and Washington D.C. in the SEC crypto assets and cyber unit division. Regulators in the United States have been piling on the pressure on the crypto space over the last year, even more so in light of the FTX...Continue Reading
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