The U.S. Department of Justice is reportedly considering fraud charges against Binance. Federal prosecutors are concerned about the possibility of a bank run on the exchange. The prosecutors may hit…
Metcalfe’s Law suggests that the more people who use a cryptocurrency, the more valuable and useful it becomes. Does Metcalfe’s law help explain Bitcoin’s price formation? Yes, Metcalfe’s Law can…
PARSEC (Parallelized Architecture for Scalably Executing Smart Contracts) runs on the ERC-20 standard, so it could have other applications too. The Massachusetts Institute of Technology (MIT) Digital Currency Initiative (DCI)…
NFT company Yuga Labs is set to acquire a metaverse-building startup to advance its Otherside metaverse project. In this week’s newsletter, read about why the food and beverage nonfungible token…
The scheme consists of mirroring addresses and sending dust transactions to users to trick them into sending funds to the scammer’s wallet. Binance CEO Changpeng “CZ” Zhao warned his followers…
KuCoin has announced that it will halt its mining pool starting August 15, 2023. The crypto exchange will temporarily suspend pools that support Bitcoin and Litecoin mining. The exchange clarified…
A crypto bill signed into law in 2022 paved the way for the Ukrainian government to amend its tax code, but local exchanges still largely operate outside this framework. According…
Space and Time launches zero-knowledge proof tool for its decentralized database platform. Decentralized Web3 data service Space and Time has tapped into zero-knowledge proof (ZK-proof) technology to cryptographically verify information…
Litecoin block rewards have now halved to 6.25 LTC as the halving clock is reset for another four years. The Litecoin halving event has been completed with block rewards now…
“We deeply regret any inconvenience this might cause and we remain grateful for your unwavering support and understanding,” the exchange wrote. KuCoin’s Bitcoin (BTC) and Litecoin (LTC) mining pools will…
Despite increased regulatory activity, DeFi index price, led by Compound and MakerDAO , has rallied by 56% since 11 June, Glassnode found in a new report. Glassnode’s DeFi price index…
While depositing may be easy, what some crypto exchanges do with your money behind the scenes can range from concerning to criminal. So, youve deposited some cryptocurrency onto an exchange.…
New reports reveal that Worldcoin plans to expand its operations to sign up more users by allowing organizations and governments to access its technology. Worldcoin plans to expand its operations…
The ETF analyst predicted that recent developments in the Ripple vs. SEC case and the upcoming Grayscale lawsuit would be crucial to the first spot Bitcoin ETF approval. The chances…
Although it’s still in its infancy, decentralized AI could be the answer to many technological concerns. The field of artificial intelligence (AI) is taking the world by storm, but many…
