Circle CEO Jeremy Allaire, has stated that the value of stablecoin USD Coin (USDC) has been declining due to the crackdown by US regulators on cryptocurrencies. Allaire made this comment during an interview with Bloomberg TV. During the...
Gary Gensler, the chair of the Securities and Exchange Commission (SEC) in the United States, has been accused of hypocrisy by the cryptocurrency community after a video of a lecture he gave at MIT in 2018 surfaced online...
The Abu Dhabi Global Market's (ADGM) Registration Authority has unveiled a proposed legislative framework for distributed ledger technology (DLT) projects in the United Arab Emirates (UAE). The ADGM, which is a financial centre in the UAE, aims to...
Blockchain nodes are electronic devices that facilitate communication and interaction on a blockchain network. They verify the legitimacy of transactions, approve or reject them, and record them on the blockchain ledger. Blockchain Nodes are an essential component of...
The European Parliament has approved the first set of EU regulations called Markets in Crypto Assets (MiCA), designed to prevent money laundering, track transfers of digital assets, and address customer protection and supervision. According to the statement by...
The Ontario Teachers' Pension Plan (OTPP), which oversees assets worth over $190 billion, has decided to steer clear of cryptocurrency investments following the loss of its entire $95 million investment in the now-defunct FTX cryptocurrency exchange, which collapsed...
After two consecutive delays, the European Parliament has finally held a final vote on the Markets in Crypto-Assets Act (MiCA). The regulation, originally proposed in 2020, now needs to be approved by the European Council to become an...
A Maximal Extractable Value (MEV) bot has earned over $1 million this week by conducting "sandwich attacks" on buyers and sellers of two new meme coins, Pepe (PEPE) and Wojak (WOJAK). Sealaunch, a non-fungible token (NFT) data platform,...
Twitter CEO, Elon Musk, has announced that he intends to sue Microsoft, alleging that the company has "unlawfully" trained its artificial intelligence using Twitter data. On April 19, 2023, Musk responded to a post announcing that Microsoft would...
On April 19, 2023, the Bank of England and the Innovation Hub London Center of the Bank for International Settlements (BIS) published a report on Project Meridian, a successful joint pilot project. The project tested a distributed ledger...
