April 18, 2024

Gary Gensler’s resignation ‘troll’ post disappoints Crypto X

Gary Gensler, Chair of the United States Securities and Exchange Commission (SEC), caused a stir among X users with a misleading post hinting at his resignation, […]
April 18, 2024

Former Ethereum dev Virgil Griffith asks for resentencing in North Korea case

Former Ethereum developer Virgil Griffith, convicted in 2022 for aiding North Korea in utilizing blockchain technology, has filed a request for a reduction in his 63-month […]
April 18, 2024

Ernst & Young taps ZK-proofs on Ethereum to automate contracts

Ernst & Young, a leading accounting firm, has introduced an Ethereum-based solution called EY OpsChain Contract Manager (OCM), leveraging zero-knowledge proofs to aid private business clients […]
April 18, 2024

Elizabeth Warren supports enhanced U.S. sanction options for stablecoins

Senator Elizabeth Warren recently addressed Treasury Secretary Janet Yellen in a letter, echoing her concerns voiced during Deputy Treasury Secretary Wally Adeyemo’s testimony before the Senate […]
April 18, 2024

Binance’s $1B emergency ‘SAFU’ fund now makes up 3% of UDSC supply

The world’s largest cryptocurrency exchange, Binance, has converted its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin (USDC), a stablecoin pegged to $1.00, now […]
April 17, 2024

Ore creator proposes rewards to tackle Solana congestion

Hardhat Chad, known for the Ore project, has suggested that the Solana Foundation introduce rewards to incentivize testnet activity amidst recent network congestion issues. He recommends […]
April 17, 2024

Israeli central bank official says CBDC competition with banks is good for economy

In a speech published on the central bank’s website, Bank of Israel deputy governor Andrew Abir presented a contrarian view regarding the impact of central bank […]
April 17, 2024

Crypto market ‘underestimates the long-term impact’ of Bitcoin halving: Bitwise

With the Bitcoin halving scheduled for April 20, Bitwise Asset Management highlights historical price action following previous halvings. Despite short-term declines immediately after the event, Bitcoin […]
April 17, 2024

Bitcoin miner stocks drop on ‘unsubstantiated’ post-halving profit fears: Analyst

Investor confidence in the profitability of the Bitcoin mining sector post-halving has waned, leading to a significant downturn in Bitcoin mining shares globally. Mitchell Askew, head […]
April 17, 2024

Andreessen Horowitz raises $7.2B for new venture funds

Venture capital firm Andreessen Horowitz (a16z) announced a successful fundraising round, amassing $7.2 billion to allocate across various technology sectors. However, despite its continued focus on […]

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