Category Archive: Cryptocurrency, No picture
Lawmakers push Biden to approve SAB 121 overturn to allow regulated financial firms to hold crypto
House Financial Services Committee Chairman Patrick McHenry (R-NC) and Senator Cynthia Lummis (R-WY) led a letter urging President Joe Biden to reconsider vetoing the bipartisan Congressional Review Act (CRA) resolution overturning Securities and Exchange Commission (SEC) Staff Accounting Bulletin 121 (SAB 121). The SAB 121 makes it prohibitive for highly regulated financial firms to custody […]
EOS Network unveils new token model with fixed supply of 2.1 billion tokens
EOS Network Foundation (ENF) announced today the adoption of a new tokenomics model for the EOS Network. Set for implementation on the mainnet tomorrow, the new token model introduces a fixed supply of 2.1 billion EOS tokens, moving away from the previous inflationary model with a 10 billion cap. “The choice of 2.1 billion tokens […]
Franklin Templeton files updated S-1 form for its Ethereum ETF, sets 0.19% management fee
Franklin Templeton has filed an updated S-1 form with the Securities and Exchange Commission (SEC) for its anticipated Ethereum exchange-traded fund (ETF), setting a competitive management fee at 0.19%.The recent filing comes as the SEC has called on ETF issuers to finalize their S-1 forms by the end of the week. Insiders familiar with the […]
21.co debuts Wrapped Bitcoin on Solana, targeting $1 trillion in idle Bitcoin funds
Crypto services provider 21.co has announced its Wrapped Bitcoin token on the Solana, called 21BTC. This move is set to bridge Bitcoin with Solana’s smart contract capabilities, enhancing liquidity and utility across networks. The announcement adds that tokens “will play a crucial role in the digital transformation of capital markets,” but the on-chain interoperability is […]
Futureproof Yourself: Enter the World of Cutting-Edge Tech with XERAPRO
The digital age is hurtling forward at breakneck speed. New technologies are emerging seemingly every day, transforming industries and reshaping the global landscape. In this dynamic environment, staying ahead of the curve is paramount. So, how do you navigate the evolving technological terrain and equip yourself with the skills and knowledge to succeed?This is where […]
Vitalik Buterin reflects on Bitcoin’s block size debate and its impact to Ethereum
Vitalik Buterin, co-founder of Ethereum, has shared his reflections on the Bitcoin block size war, a heated debate that took place within the Bitcoin community between 2015 to 2017.The conflict centered on whether to increase the block size limit to accommodate more transactions, thereby reducing fees and enhancing Bitcoin’s utility as a payment system. Buterin […]
Europol shuts down malware dropper ring linked to at least $75M in stolen crypto
In a coordinated effort spanning multiple countries, Europol has carried out Operation Endgame, a large-scale crackdown on the malware dropper ecosystem. The operation, led by France, Germany, and the Netherlands, was conducted between May 27 and 29, 2024, and targeted various malware droppers, including IcedID, SystemBC, Pikabot, Smokeloader, Bumblebee, and Trickbot.Investigations revealed that one of […]
Trump meme coins down as NY jury finds former president guilty of felony charges
A New York jury found Donald Trump guilty on all 34 counts of falsifying business records to conceal a hush-money payment to adult-film actress Stormy Daniels just before the 2016 election. This verdict makes Trump the first former US president to be convicted of crimes as he faces current US President Joe Biden in November […]
Why Bitcoin’s adoption of Ordinals and BRC-20 is saving it from irrelevance
Nic Carter from Castle Island Ventures and Elizabeth Olson, an Ordinals educator, discussed how the adoption of Ordinals and BRC-20 is saving Bitcoin from irrelevance in a recent panel titled “Bitcoin Renaissance” at Consensus, which took place today. “I would actually argue to say that Ordinals and these fungible token standards, like runes, these are […]
Matter Labs’ zero-knowledge trademark bid sparks industry backlash
Ethereum projects, including StarkWare, Polyhedra, and Polygon, have condemned Matter Labs’ efforts to trademark the term “zero-knowledge” as its intellectual property.In a joint statement released via GitHub on May 30, notable industry figures argued that zero-knowledge (ZK) technology should remain a public good accessible to everyone.Zero knowledge blockchains have gained popularity as a solution that […]
