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River Report: Bitcoin’s Lightning Network Grew by 1,212% in 2 Years
13.10.2023
A recent report published by River, a Bitcoin technology and financial services company, has revealed that the Lightning Network, a scaling layer for Bitcoin, has grown by 1,212% in two years. River’s estimation comes from examining operators of nodes comprising 52% of the public capacity...
Flare Network Will Burn 2.1B FLR to Support Ecosystem Health
13.10.2023
Some 198 million FLR will be burned immediately with a further 66 million set to be burned monthly until January 2026
BBACHAIN Layer I Blockchain Technology: A Revolutionary Leap in the Crypto Space, Unveiling at Upcoming Global Events
13.10.2023
PRESS RELEASE. Imagine a world where technology not only meets financial innovation but also crafts a future where transactions are not merely conducted but are optimized for user benefit and technological advancement. This is not a distant dream but a tangible reality brought to life by BBACHAIN...
Perpetual Trading Protocol GMX Bags Biggest Chunk of $40M Arbitrum Grant
13.10.2023
Arbitrum projects will receive token grants that may help attract new money to the popular blockchain
Poslední překážka padla, největší obchod v dějinách her se může uskutečnit
13.10.2023
Britský regulační úřad dal zelenou akvizici, v rámci níž společnost Microsoft koupí za téměř 70 miliard dolarů, tedy zhruba 1,6 bilionu korun, gigantické vydavatelství Activision Blizzard, vydavatele značek jako Warcraft nebo Call of Duty. Padla tak poslední překážka, která bránila uzavření...
Poslední překážka padla, největší obchod v dějinách her se může uskutečnit
13.10.2023
Britský regulační úřad dal zelenou akvizici, v rámci níž společnost Microsoft koupí za téměř 70 miliard dolarů, tedy zhruba 1,6 bilionu korun, gigantické vydavatelství Activision Blizzard, pod nějž patří mimo jiné značky Warcraft nebo Call of Duty. Padla tak poslední překážka, která bránila...
Defi Not a Risk to Financial Stability Yet, EU Securities Regulator Reports
13.10.2023
Decentralized finance (defi) brings risks for investors but is yet to pose “meaningful risks” to financial stability, according to Europe’s securities watchdog. The agency believes, however, the phenomenon deserves attention in light of the EU’s new crypto rules as well as growing user base and...
Bitcoin Spot ETFs Approval Partially Priced In, Coinbase Says
13.10.2023
Spot-based ETFs are widely expected to unlock floodgates for mainstream money. Flows, however, are likely to materialise overtime, according to Coinbase
Bitcoin Is Currently Neither ‘Bullish’ or ‘Bearish,’ Traders Say
13.10.2023
Major tokens seemed to stabilize on Friday morning following a week-long price drop
Jack Dorsey Contributes $1M to Kickstart Guaranteed Basic Income Pilot in St. Louis
13.10.2023
Jack Dorsey, co-founder of Twitter and current CEO of Square Inc., is contributing $1 million to support the launch of a pilot program for guaranteed basic income in his hometown of St. Louis, Missouri. According to the city, applicants will be selected on a first come, first serve basis “for...
JPMorgan’s Tokenized Collateral Network Facilitates Blackrock-Barclays Trade
13.10.2023
Banking giant JPMorgan Chase has debuted its blockchain-based collateral settlement system. Blackrock became the first client to use JPMorgan’s Tokenized Collateral Network (TCN). The world’s largest asset manager used the system to convert shares in one of its money market funds into digital...
7 Senators Urge Treasury and IRS to Rapidly Implement Crypto Tax Reporting Rule
13.10.2023
Seven U.S. senators have called on the Treasury Department and the Internal Revenue Service (IRS) to “implement the proposed crypto broker reporting rule as rapidly as possible.” The lawmakers stressed: “We are alarmed by the self-inflicted two-year delay for the rule’s implementation.” Senators...
Coinbase Executive Urges Congress to Pass ‘Sensible’ Crypto Legislation Swiftly as Middle East Conflict Escalates
13.10.2023
Coinbase’s chief legal officer has called on U.S. Congress to pass sensible crypto legislation following reports that Hamas has amassed millions in cryptocurrency amid the escalating Middle East conflict. “We need this industry flourishing in nations committed to the rule of law, not driven...
US Grocery Chain Trader Joe’s Sues Decentralized Exchange Trader Joe for Trademark Infringement
13.10.2023
Grocery chain Trader Joe’s filed a lawsuit this month against the decentralized exchange (dex) platform Trader Joe for trademark infringement. The suit, filed in federal court in Los Angeles, alleges that Trader Joe illegally copied the Trader Joe’s brand name and seeks to bar the exchange from...
Ether Drops 1.9% to 7-Month Low as Crypto Buckles Further Following Inflation Data
12.10.2023
ETH dropped to its lowest price since March, while most cryptocurrencies struggled as risk-off sentiment took over markets following a slightly hotter-than-expected inflation report and surging rates
Coinbase Sounds Alarm on IRS Crypto Tax Proposal
12.10.2023
As the U.S. crypto exchange called the recent IRS proposal for taxing crypto “incomprehensible,” the tax agency flagged that the industry isn’t paying its fair share
It ‘Felt Good’ to Come Clean — Caroline Ellison Reveals Intricacies of FTX Operations in Court Testimony
12.10.2023
In a recent courtroom showdown, Caroline Ellison, the former CEO of Alameda Research, provided key insights into the operations of FTX and its alleged improprieties. Her revelations, documented by Inner City Press correspondent Matthew Russell Lee, could play a critical role in the ongoing fraud...
Brazil Committee Recommends Indicting Binance Officials, CZ
12.10.2023
A congressional committee in Brazil has concluded that four Binance officials, among them company CEO Changpeng Zhao (CZ), should be indicted. The suggestion follows a probe targeting crypto platforms suspected of operating pyramid schemes and can potentially affect the global crypto company’s...
Ethereum Has Nearly Cleared Out Validator Queue, a Sign of Weak Staking Demand
12.10.2023
The waiting time to deploy new validators to the Ethereum network has diminished to just five hours from a peak of 45 days in early June
The SAFER Banking Act Can End Discriminatory Banking Practices
12.10.2023
Designed to dismantle barriers to financial services for marijuana businesses, the bill would be beneficial to crypto companies stripped of banking access, says Cody Carbone