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August 12, 2024
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Published by Victoria Kyle at August 12, 2024
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BitGo CEO Dismisses Security Concerns Amid Changes to Wrapped Bitcoin (WBTC) Operations

On August 9, cryptocurrency custody platform BitGo announced a strategic shift in its Wrapped Bitcoin (WBTC) business. The company is expanding its custodial jurisdictions for underlying […]
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August 12, 2024
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Published by Victoria Kyle at August 12, 2024
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Bitcoin Mining Revenue Hits Yearly Low: A New Era of Strategy and Survival

As of August 11, Bitcoin (BTC) miners have experienced a significant downturn in earnings, marking a new yearly low. The daily revenue, derived primarily from block […]
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August 9, 2024
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Published by Victoria Kyle at August 9, 2024
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Tether’s $1.3 Billion Minting Surge: Implications for the Crypto Market

Since the recent market downturn, Tether, the issuer of the world’s largest stablecoin, has minted over $1.3 billion worth of Tether USDt (USDT). This significant increase […]
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August 9, 2024
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Published by Victoria Kyle at August 9, 2024
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Tech Industry Groups Request Extension on AI Compliance Deadlines

On August 9, several prominent tech industry organizations issued a joint letter to the European Commission requesting an extension of compliance deadlines for General Purpose Artificial […]
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August 9, 2024
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Published by Victoria Kyle at August 9, 2024
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Nigerian Crypto Activist Challenges Government Restrictions on Digital Assets

James Otudor, a prominent Nigerian crypto activist and politician, has launched a significant legal challenge against Nigerian government entities, advocating for citizens’ fundamental rights to own, […]
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August 9, 2024
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Published by Victoria Kyle at August 9, 2024
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Kanpai Pandas NFT Collection Plummets After Alleged Trump Token Promotion

The Kanpai Pandas non-fungible token (NFT) collection has experienced a dramatic drop in floor price following allegations that its team promoted a controversial token linked to […]
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August 9, 2024
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Published by Victoria Kyle at August 9, 2024
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Hong Kong’s Virtual Banks at a Crossroads: Opportunities and Challenges Ahead

Hong Kong’s virtual banks find themselves at a pivotal moment, capturing only a modest 0.3% of the assets held by all retail banks. Despite significant investments […]
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August 9, 2024
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Published by Victoria Kyle at August 9, 2024
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Bitcoin Heartbeat: A New Platform for Tracking Bitcoin Rollup Solutions

Bitcoin Virtual Machine (BVM), a leading rollup-as-a-service provider for Bitcoin, has unveiled its latest innovation: Bitcoin Heartbeat. This new analytics and research platform is designed to […]
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August 9, 2024
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Published by Victoria Kyle at August 9, 2024
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X (formerly Twitter) Halts User Data Processing in EU Amid Regulatory Scrutiny

On August 7, a significant development unfolded in the ongoing regulatory scrutiny of social media platform X, owned by billionaire Elon Musk. Following a court hearing […]
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August 9, 2024
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Published by Victoria Kyle at August 9, 2024
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Uniswap Labs and Across Protocol Unveil ERC-7683: A New Era for Cross-Chain Trade Execution

Uniswap Labs and Across Protocol have teamed up to unveil ERC-7683, a proposed new standard aimed at revolutionizing cross-chain trade execution. Announced in a recent X […]
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