In a recent interview with BeInCrypto, Alan Scott, a researcher at Railgun, elaborated on the recent endorsement by Ethereum co-founder Vitalik Buterin. This endorsement highlights the advancements and the unique privacy features that Railgun aims to bring to the decentralized finance (DeFi) sector. DeFi Through Zero Knowledge Proof Tech Railgun leverages zero-knowledge proofs (zk-SNARKs) to…
A seasoned market analyst, Peter Brandt, has ignited significant discourse within the crypto market with his bold predictions regarding impending regulatory measures against staking. Brandt’s prognosis paints a rather grim future, anticipating a regulatory “bloodbath” that could reshape the industry. Brandt Anticipates Strict Crypto Staking Regulation Recently, Brandt expressed concerns over the legal ambiguities surrounding cryptocurrency staking….
VELO has emerged as the latest sensation in the crypto market, earning the moniker “the XRP of Southeast Asia.”Over the past six weeks, this crypto has experienced a staggering 358% surge in value, capturing the attention of traders worldwide. VELO Surged 358% in 6 Weeks Velo Labs developed VELO, designed to enable digital credit…
The Layer3 Foundation announced the launch of its new governance and utility token, L3, scheduled for early summer.This initiative marks a major milestone in blockchain and is crucial for the expanding community. Empowering Web3 Through L3 L3 will be the cornerstone of the Layer3 ecosystem, supporting more than 96 million interactions across 545 ecosystems worldwide….
JPMorgan Chase & Co., the largest bank in the United States, has revealed its substantial Bitcoin exchange-traded fund (ETF) holdings. The disclosure includes a variety of investments in different Bitcoin ETFs, showcasing the bank’s significant involvement in the cryptocurrency market. JPMorgan Chase Reveals Bitcoin ETF Holdings The report highlights 25,021 shares of Bitcoin Depot Inc., valued at…
In an interview with Pirate Wires, Jack Dorsey, CEO of Block Inc., unveiled his forecast for Bitcoin, envisioning its value surpassing $1 million by 2030. This bold assertion isn’t merely focused on the cryptocurrency’s price. Dorsey is captivated by the vibrant ecosystem that propels its growth. Why Jack Dorsey is Bullish on Bitcoin Dorsey believes…
EigenLayer will kick off its EIGEN token airdrop this Friday, stirring considerable interest and debate across the cryptocurrency community. Despite high anticipation, the launch has drawn criticism for excluding participants from the US, Canada, and China and its distribution methods. EigenLayer Conducts EIGEN Airdrop Following its recent $165 million funding boost from a16z Crypto, Eigen…
Robinhood Markets Inc. showcased a resilient performance in the first quarter of 2024. It has transitioned from a significant loss last year to posting its second consecutive quarterly profit. The company announced on Wednesday that its net income reached $157 million. This achievement marks a stark turnaround from a net loss of $511 million in…
The US House of Representatives has taken a significant step toward reshaping the regulation of digital assets by passing Representative Mike Flood’s bipartisan resolution, H.J.Res. 109, on May 8. This resolution seeks to overturn the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121, which has been a point of contention within the financial…
The US House of Representatives has taken a significant step toward reshaping the regulation of digital assets by passing Representative Mike Flood’s bipartisan resolution, H.J.Res. 109, on May 8. This resolution seeks to overturn the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121, which has been a point of contention within the financial…