Buterin also lauded the recent rise of Ordinals and believes they have brought the builder culture back to the Bitcoin ecosystem. Ethereum co-founder Vitalik Buterin believes the Bitcoin network needs scalable solutions like the zero-knowledge (ZK) rollups to become more than another payment network. Buterin’s comments came during a Twitter space hosted by Bitcoin developer...Continue Reading

93% of the central banks are already conducting research on central bank digital currencies, 68% are still not ready to launch their digital money. As  93% of the central banks are already conducting research on central bank digital currencies (CBDCs), the uncertainty about this form of digital money among them fades. There could be up...Continue Reading

While the audit demonstrates trust and transparency, Eric Lister from audit firm A-LIGN explained that it does not improve business systems. While trust in the crypto space was severely damaged by a series of global incidents, some still hope to regain this trust by going through processes that provide assurances of compliance with certain business...Continue Reading

Bitcoin is proving everything is bullish but BTC price action this week, with network fundamentals and accumulation data in “up only” mode. Bitcoin (BTC) begins a new week barely clinging to $30,000 as a “bearish divergence” sets the tone. After a quiet weekend, BTC price action faces a potential pullback period within its broader bullish...Continue Reading

A loophole in the code allowed the hacker to drain funds worth roughly $455,000 from Arcadia’s Ethereum and Optimism vaults. A hacker drained approximately $455,000 from noncustodial decentralized finance (DeFi) protocol Arcadia Finance by exploiting a code vulnerability. Blockchain investigator PeckShield alerted about the hack on Arcadia Finance, highlighting the cause as “the lack of...Continue Reading

Scammers have found a new way to make crypto by luring users into revoking fake approval transactions. Approval management platform Revoke has issued a fix aimed at mitigating a new crypto scam, which involves baiting crypto users into revoking “fake approvals” and then stinging them with excessively high transaction fees.  On July 9, Revoke.cash stated...Continue Reading

With a $216 million cap to be imposed on stablecoins such as USDT and USDC, some say crypto adoption could be “stifled” under MiCA unless it changes. Stablecoin use could be “stifled” by daily transaction caps in the European Union’s Markets in Crypto-Assets (MiCA) legislation, with some calling for the framework to be revised. On...Continue Reading

Bitcoin is selling for just over $27,500 on Binance.US, a nearly $3,000 discount from global spot prices. Bitcoin (BTC) is selling for a nearly $3,000 discount on Binance.US, providing a significantly better rate than global spot prices — but there’s just one catch.  On July 9, a swathe of crypto users began noticing a widening...Continue Reading

Threads are already seeing potential crypto scammers arrive on the platform as Crypto Twitter personas warn of impersonators on the app. Scammers appear to have wasted no time since the launch of Meta’s new microblogging app — with several high-profile Crypto Twitter users already warning of imposter accounts on Threads. Threads was launched on July...Continue Reading

Hundreds of firms have been lining up for a Hong Kong crypto license, but recruiters say they are yet to see an accompanying rush for talent. Crypto firms may appear to have been prepping entry to Hong Kong with unabated excitement, but it’s yet to translate into in-country hires, according to recruitment executives. On June...Continue Reading