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The Rise of DeFi and NFTs on the Bitcoin Blockchain


With a growing interest in Bitcoin, especially with the anticipated ETF launch, its ecosystem has been rapidly expanding. One of the most popular developments happening on Bitcoin right now is BRC-20, which is not only driving the growth of the Bitcoin NFT market but also expanding the DeFi sector....

Ethereum Smart Contract Framework Updated to Combat Security Concerns


Ethereum sees significant exchange outflows as investors potentially eye long-term holds. Image by Dennis, Adobe Stock. Ethereum is one of the most widely used blockchain networks globally. Recent findings from CoinMarketCap show that Ethereum has the highest number of total developers, accounting...

Advisors May Drive Bitcoin ETF Flows in USA + More News


Source: AdobeStock / Backcountry Media Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Advisors May Drive Bitcoin ETF Flows, Says Needham US OFAC Fines Crypto Exchange $1.2M for Russia...

Binance Crackdown Unleashes Unprecedented Scrutiny on Crypto Transactions


Source: Adobe / natali_mis The recent crackdown on Binance by the US Department of Justice (DOJ) has triggered a seismic shift in how the crypto industry operates, with Binance now set to undergo what experts call an “unprecedented” level of scrutiny. The government scrutiny, which...

Dubai to host Global Blockchain Show and fuel up the future of the industry


Taking place on April 16-17, 2024, Global Blockchain Show Dubai, curated by VAP Group – a premier Blockchain consulting company, is set to unite the foremost voices in the Middle East’s Crypto, Web3, and Blockchain sphere. Held at the Grand Hyatt in Dubai, the event is poised to be...

FTX Legal Fees Amount to $1.3 Million Per Day, Creditors Concerned


Source: Adobe Bankrupt digital asset exchange, FTX has paid hundreds of millions in legal fees in a few months sparking reactions as creditors seek to recover their losses. Court filings show that over $118 million were billed on the exchange between August and October for professional legal fees...

Palau Moves Ahead With Second Phase of Stablecoin Pilot


The Republic of Palau has announced the launch of the second phase of its stablecoin project. Jay Hunter Anson, a member of the board of directors of Palau’s Ministry of Finance (MOF), declared that the new phase will focus on building a robust ecosystem, expanding accessibility and user...

South Korean Crypto Exchanges Scrap for Survival as Upbit Dominance Wanes


Source: Koshiro/Adobe A “tectonic rift” is threatening to separate the South Korean crypto exchange Upbit from its rivals, as tensions begin to fray between domestic platforms. The newspaper Daehan Kyungjae reported that Upbit’s market share has dropped sharply in recent months, falling from 93%...

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