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$2,700 in 2025: Goldman Sachs Has ‘Highest Confidence’ in Gold Amid Market Challenges
4.9.2024
While gold dipped below $2,500 per ounce, Goldman Sachs commodity analysts remain optimistic, suggesting gold could experience a “potential gain of 8%” amid the “current softening cyclical environment.” Goldman market strategists are particularly confident in this precious metal, stating that,...
Top TON Coins Face Turbulent Week Amid Durov Arrest and Network Disruptions
31.8.2024
Over the past week, The Open Network (TON) ecosystem has encountered a series of setbacks due to a wave of unfavorable news. The turbulence began with the arrest of Telegram founder Pavel Durov, followed by two significant outages on the blockchain network that brought block production to...
Binance Research Report: Blockchain Could Transform Cross-Border Transactions
30.8.2024
Blockchain technology is set to transform the payments industry by tackling persistent issues in cross-border transactions. A detailed report by Binance Research suggests that incorporating blockchain into payment systems could substantially lower costs and speed up settlements, offering a...
Bitcoin’s Latest Difficulty Rise Challenges Miners Already Facing Revenue Slump
29.8.2024
On Aug. 28, Bitcoin’s mining difficulty bumped up by 2.99% at block height 858,816, pushing the metric from 86.87 trillion to a hefty 89.47 trillion. This tweak adds a bit more challenge for bitcoin miners, especially with hashprice values lingering at very low levels. Bitcoin Network’s...
Polygon faces challenges in maintaining gains
26.8.2024
Polygon’s MATIC has reached $0.5, but all sights are busy monitoring where the price moves on the chart.…
US Trustee challenges FTX reorganization plan, citing legal concerns
25.8.2024
The objections raised by the US Trustee and the creditor group are likely to play a significant role in the court’s deliberations
Binance Unveils Plan to Hire 1,000 Employees This Year, Prioritizing Compliance Amid Regulatory Pressure
24.8.2024
Crypto exchange Binance plans to hire 1,000 new employees this year, primarily for compliance roles, as regulatory spending exceeds $200 million. CEO Richard Teng highlighted the company’s commitment to bolstering its compliance operations amid increased regulatory scrutiny and ongoing legal...
California senator slams OpenAI’s opposition to AI safety bill
22.8.2024
As the debate over SB 1047 intensifies, Wiener remains steadfast in his support for the bill, which he believes is a necessary step toward responsible AI governance
Liminal Custody Challenges WazirX Claims on $230M Crypto Hack
20.8.2024
In response to recent remarks by WazirX founder Nischal Shetty regarding the Mandiant report, which both seemed to…
Coinbase Challenges CFTC Proposal, Advocates for Balanced Regulation of Event Contracts
9.8.2024
Coinbase Chief Legal Officer Paul Grewal has raised concerns on social media regarding the Commodity Futures Trading Commission’s (CFTC) proposed rule to ban certain event contracts. Coinbase has also formally responded to the proposal, urging the CFTC to reconsider its stance, which...
X halts ads for Premium+ users as Musk lawsuit challenges first amendment
8.8.2024
Musk may finally be acknowledging the sun has set on X’s ad sales, but he isn’t going quietly into that good night
X halts ads for Premium+ users as Musk lawsuit challenges First Amendment
8.8.2024
Musk may finally be acknowledging the sun has set on X’s ad sales, but he isn’t going quietly into that good night
Mutiny to Cease Operations Amid Technical Challenges in Bitcoin Lightning Wallet Development
8.8.2024
Mutiny Wallet has announced that it will be shutting down its operations by the end of 2024 due to significant technical challenges in Bitcoin Lightning wallet development. The company is exploring alternative products and has decided to wind down the wallet as it becomes increasingly complex...
SEC Challenges Coinbase’s Extensive Discovery Requests
7.8.2024
The U.S. Securities and Exchange Commission (SEC) has opposed Coinbase’s motion to compel discovery in a case where the SEC alleges Coinbase violated federal securities laws by failing to register its operations and services. Coinbase’s extensive discovery demands include internal...
Binance Challenges $86M Tax Demand From India’s DGGI
6.8.2024
Binance, the world’s largest crypto exchange, is challenging a substantial tax notice issued by Indian authorities. The Directorate…
Galaxy Research warns of sustainability issues for Bitcoin layer-2 rollups
4.8.2024
The future of Bitcoin rollups will depend on continued innovation and optimization in data compression and scalability
Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year
3.8.2024
In July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9 million was generated from transaction fees, reflecting a trend of low onchain fees. July Bitcoin Mining Revenue Plummets to a 2024 Low The month was particularly challenging...
On-Device Proofs Solve DePIN Verification Challenges
2.8.2024
Zero-knowledge proofs generated on DePIN devices are the best way to provide robust verification for service, performance, and location data while maintaining decentralization and privacy, argue NovaNet cofounders Wyatt Benno and Houman Shadab
Stablecoin adoption greater risk for developing nations
26.7.2024
A new report warns that the adoption of global stablecoins in emerging markets and developing economies poses significant financial risks and regulatory challenges
Blockchain gaming ‘disappointing’ despite high funding — Pixelverse co-founder
26.7.2024
Pixelverse co-founder Kori Leon said their organization is taking a different approach by building a strong user base without “unrealistic” promises