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What Crypto Can Learn From the Internet’s Playbook


The connection between crypto and the internet is rooted deep in the digital DNA that defines our modern era. A recent Architect Partners report delves into how the internet’s journey can offer valuable lessons for the development of crypto. It explores the maturation of emerging tech...

Ark Invest Breaks Down What it Would Take for Bitcoin to Hit $2.3M


Investment firm Ark Invest published its latest Big Ideas report on Wednesday, outlining a pathway for Bitcoin to hit $2.3m. Ark’s Brett Winton wrote that for the best returns over 5 years, keeping 0.5% of one’s investments in Bitcoin would have been ideal. On average, allocating about 4.8%...

EU Moves to Ban Bitcoin to Meet Energy Goals – Report


Source: Pixabay A recent report has indicated that Proof-of-Work (PoW) consensus networks, like Bitcoin, may be banned in the European Union (EU). Daniel Batten, a managing partner at CH4 Capital, shared on his X (formerly Twitter) handle that the European Central Bank (ECB) and European Securities...

China Gears Up for Updated Crypto AML Laws: Report


China is reportedly planning to enhance surveillance over the burgeoning crypto sector, by amending its anti-money laundering (AML) laws to include crypto transactions. A group of executives, chaired by Prime Minister Li Qiang discussed the ‘revised draft’ of the AML regulations on January 22....

Web3 Lost $38.9 Million to Bad Actors in First Month of 2024: Quantstamp


Bad actors have stolen $38.9 million from various Web3 projects in the first month of 2024. According to a recent report from Quantstamp, a decentralized finance (DeFi) security startup, bad actors used different attack vectors to steal funds, including smart contract hacks, key compromises,...

Binance to Reduce Stake in South Korean Digital Asset Exchange GOPAX


Cryptocurrency exchange Binance is looking to reduce its majority stake in GOPAX, a digital asset exchange based in South Korea. According to a new report from local media sources, Binance is considering selling some of its shares. The exchange will reveal its decision within a month or two citing...

Jack Dorsey’s Block Inc. Initiates Layoffs to Reach 12,000 Employee Cap


Block Inc., led by Jack Dorsey, has started implementing job cuts in a bid to reduce its workforce by the end of the year. According to a recent report by Business Insider, Block has commenced a gradual reduction of its workforce, aiming to decrease its current staff count of approximately 13,000...

Digital Asset Funds Record $500 Million Outflows Amid Market Market Decline


Digital asset investment products have recorded a massive $500 million in outflows in the last seven days following a week of sell-offs as the wider market struggled. A recent CoinShares Digital Asset Weekly Funds Flow Report shows huge outflows across Bitcoin (BTC) and multiple altcoins with...

Over 73% of Europeans Are “Positive” About Crypto’s Future: Report


A recent survey conducted by Binance found that a majority of Europeans were confident about the future prospects of the cryptocurrency industry. The survey, published by Binance Square on January 29, polled 10,498 users in France, Italy, Spain, and Sweden between October 14 and November 8, 2023....

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