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SEC Chairman Gensler Suggests Again That Proof-of-Stake Tokens Are Securities: Report
15.3.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler is doubling down on his opinion that proof-of-stake tokens could meet the definition of securities under the Howey test, thus bringing them under his agency’s regulatory authority
Living Proof partners with ByondXR to debut in the metaverse
13.3.2023
Living Proof has taken a step forward in the metaverse by announcing that it will soon open a storefront in the metaverse. It has partnered with ByondXR for this purpose, allowing it to boost the creation of a virtual store with four rooms to attract visitors for an immersive experience. This will...
Ethereum layer-2 solutions may focus less on token incentives in the future
11.3.2023
Token incentive models may become obsolete as layer-2 networks focus on ease of functionality and low fees, but how will this impact decentralization?
US Accounting Watchdog Issues Warning on Crypto Proof-of-Reserve Audits: Investors Urged to Exercise Caution
9.3.2023
According to a recent warning by the U.S. Public Company Accounting Oversight Board (PCAOB), crypto proof-of-reserve (POR) audits have limitations, and the board believes that investors should exercise caution when dealing with companies using POR audits. PCAOB Calls for Investor Caution and...
Former Jane Street, PIMCO traders raise $15M for ZK proof-of-solvency protocol
9.3.2023
The team said it has already lined up clients, including CoinList, Bitso and TrueUSD
US accounting watchdog warns investors about proof-of-reserve reports
9.3.2023
The warning was issued after crypto exchanges jumped into the trend of providing PoR reports to assure users after the FTX debacle
Is crypto winter almost over? Surviving the unknown months
9.3.2023
Like every market cycle, this crypto winter will eventually end
Crypto Sector’s Reserve Reports Can’t Be Trusted, Says U.S. Audit Watchdog
9.3.2023
Proof-of-reserve reports routinely touted by crypto firms to assure customers that their financial transactions are in secure hands shouldn’t be trusted, according to the U.S. organization that oversees auditing standards
Binance Expands Proof of Reserves Report with 11 New Tokens - Here Are the Coins That Were Added
8.3.2023
Binance has expanded its Proof-of-Reserve (PoR) report to include 11 more tokens, bringing the overall amount of funds verifiable via the exchange's PoR system to over $63 billion.
In a Tuesday blog post, the world's largest crypto exchange revealed that it has added MASK, ENJ, WRX, GRT,...
Tornado Cash dev says 'sequel' to crypto mixer aims to be regulator-friendly
7.3.2023
Soleimani explained that the “critical flaw” with Tornado Cash is that users cannot prove that they’re not associated with a criminal enterprise stealing or laundering crypto funds
Bitcoin Mining Is Good for the Energy Grid and Good for the Environment
6.3.2023
Bitcoin mining should be hailed as an effective tool for a lower emissions future, not demonized as monkey wrench in the works
Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations
6.3.2023
It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten cryptocurrencies by market valuation have changed since...
Ethereum eyes 25% correction in March but ETH price bulls have a silver lining
2.3.2023
The Ethereum market has grown cautious around the long-awaited Shanghai upgrade, which will unlock 17.4 million ETH into circulation
Second Ethereum Testnet Successfully Simulates Shanghai Hard Fork
28.2.2023
The Sepolia testnet was able to successfully process staked ETH withdrawals. There is one more test on the Goerli testnet that is planned before Shanghai goes live
OKX: Proof of Reserves is Future of CEX industry
27.2.2023
It's opening morning at London's Blockchain Economy Summit - the UK's largest gathering of crypto and blockchain companies. And Centralised Exchanges are a hot topic.
In the aftermath of the collapse of FTX - conference debate is centring on the future of the CEX sector.
Shaping the debate...
What the Ethereum Shanghai Upgrade Will Mean for ETH Liquidity
23.2.2023
A significant change to Ethereum’s proof-of-stake system is slated for March, which will likely incentivize a wave of building and consumer choice in the “liquid staking” sector
MEXC Global publishes proof of reserves after month long testing
23.2.2023
The report showed high reserve ratios for USDT, USDC, BTC, and ETH
The SEC’s Crackdown on Ethereum Staking Has a Silver Lining
23.2.2023
The SEC’s recent actions shut down centralization staking services, but not individual staking and decentralized staking services. That could increase decentralization and help restore crypto’s original mission
TUSD Leverages Chainlink Proof of Reserve for Real-Time Verification of Stablecoin Minting
23.2.2023
On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of trueusd tokens. The trueusd crypto asset has a circulating supply of over 968 million tokens and is the sixth-largest...
Litecoin Network Adopts Ordinal Inscriptions, Following Bitcoin’s Lead
22.2.2023
Following a growing trend of Ordinal inscriptions on the Bitcoin blockchain, the technology has been ported to the Litecoin network, and the number of onchain Litecoin inscriptions has surpassed 13,000. Software developer Anthony Guerrera made Ordinal inscriptions on the Litecoin network possible...