Finance
In the summer of 2024, during the Bitcoin 2024 event, Donald Trump made a bold statement, promising to dismiss Gary Gensler, the current chairman of the U.S. Securities and Exchange Commission (SEC). This announcement drew significant attention from both politicians and the cryptocurrency community, many of whom anticipate regulatory
IT
Starknet has made waves in the blockchain space by announcing a leap in its transaction per second (TPS) capacity. According to Starknet’s team, the network hit a new historical throughput high of 857 TPS, exceeding its previous record of 503 TPS set earlier this year. This new milestone showcases
Europe
Amid the growing FUD (fear, uncertainty, and doubt) surrounding Tether, Paolo Ardoino, CEO of Tether, addressed the company's relationship with the U.S. government, its commitment to transparency, and its stance on security. His responses have clarified Tether’s position on several key issues while underscoring the company&
Finance
In a surprising turn of events, experts have debunked the claims that Tesla has sold off its Bitcoin holdings. Despite earlier concerns sparked by the movement of Bitcoin funds associated with the automaker, analysts from Arkham Intelligence have clarified that the company still retains control of its entire portfolio, which
Finance
Vitalik Buterin, co-founder of Ethereum, has identified centralization within the Proof-of-Stake (PoS) consensus mechanism as one of the biggest threats to Ethereum's future. In a recent article, Buterin delved into the challenges that PoS centralization poses and outlined potential solutions to safeguard the network's decentralization and
Finance
In October 2024, an early access release in the Epic Games Store caught the attention of gamers worldwide. "Off the Grid," a blockchain-based Battle Royale game, surged in popularity, securing the number one spot in the free-to-play (F2P) category. Developed by Avalanche and built on their blockchain platform
Finance
In a significant move within the financial industry, VanEck has announced the launch of a $30 million venture fund aimed at investing in early-stage projects within the artificial intelligence (AI) and cryptocurrency sectors. As one of the issuers of spot Bitcoin ETFs, VanEck Ventures is set to make a notable
IT
In a significant development regarding the ongoing federal investigation into the FTX collapse, Caroline Ellison, the former CEO of Alameda Research, has retained the services of Stephanie Avakyan, a former high-ranking official at the U.S. Securities and Exchange Commission (SEC). This strategic move is reported by Bloomberg, reflecting the
Finance
In a recent report from the investment firm Canaccord, it has been highlighted that cryptocurrencies are continuing to outperform the traditional stock market. This insight has garnered attention, particularly as experts predict that a Bitcoin rally may begin between now and April 2025. Additionally, analysts foresee a potential decline in
IT
Circle, the renowned issuer of the USDC stablecoin, has recently unveiled its latest service, the Compliance Engine, aimed at enhancing the security and integrity of cryptocurrency transactions. This new product is specifically designed for developers of cryptocurrency wallets and offers a robust solution for monitoring risky and suspicious transactions across
Finance
The correlation coefficient between cryptocurrencies and U.S. stocks has reached a two-year high, now standing at 0.67. This significant development comes on the heels of the Federal Reserve's (Fed) recent decision to lower interest rates. According to Bloomberg, such a correlation hasn't been observed
IT
In a groundbreaking investigation, renowned on-chain analyst ZachXBT has brought to light the theft of 4,064 BTC, worth approximately $243 million, from the cryptocurrency lending firm Genesis. This well-orchestrated heist was carried out by three cybercriminals who exploited the victim through social engineering tactics, posing as Google support personnel.