Bitcoin recently reached new all-time highs in multiple currencies, while teasing near misses against the US dollar. Innovations like Solana’s sUSD aim to democratise access to treasury bills, and partnerships in Hong Kong are redefining loyalty points. The crypto fervour is also reflected in Korean stock markets, despite the US Treasury’s cautious stance on cryptocurrencies. … Read more
Ethereum developers have set March 13 for the Dencun upgrade, featuring proto-danksharding to reduce layer-2 transaction costs. Following successful tests, including a smooth deployment on the Holesky testnet, the upgrade is seen as a pivotal step for Ethereum since April 2023. It aims to enhance data availability and is part of an ongoing roadmap leading … Read more
A New York judge will soon decide on a challenging case involving Richard Heart, accused by the SEC of selling unregistered securities related to the crypto token Hex. Heart allegedly misused investor funds for extravagant purchases. This case examines the regulatory authority over the borderless nature of cryptocurrency, testing the SEC’s capabilities in monitoring digital … Read more
Metamask has partnered with Mastercard and Baanx to launch a crypto-backed debit card, enabling users to spend cryptocurrency directly from their wallets. The card converts crypto to fiat during purchases, streamlining the transaction process. Initially available as digital cards for a limited audience, expansion plans are in place. This development aims to integrate digital currencies … Read more
Elon Musk warns of a financial emergency due to the U.S. national debt surging to $35 trillion. He labels this trend as ‘unsustainable’ and promotes a playful solution, the Doge Department of Government Efficiency, aimed at curbing government spending. Meanwhile, the cryptocurrency market has witnessed an enormous rise, with Dogecoin particularly rebounding significantly, highlighting the … Read more
Ethereum’s Dencun upgrade, launching on Wednesday at 13:55 UTC, promises significant reductions in transaction fees for layer-2 networks while introducing proto-danksharding for efficient data handling. This crucial update follows the Shapella upgrade and has been eagerly anticipated by the Ethereum community, with many celebrating through livestream watch parties. The implications for lower costs and increased … Read more
Ethereum is set for a pivotal upgrade, known as ‘the merge’, which will transition its energy-intensive mining operations to a more sustainable ‘proof of stake’ system. This shift aims to reduce energy consumption by over 99%, potentially attracting traditional financial institutions while addressing environmental concerns. However, the upgrade faces challenges, including resistance from miners and … Read more
As cryptocurrency becomes a significant asset class, nations are adopting diverse regulation strategies. The EU and Canada implement rigorous frameworks for safety and compliance, whereas the U.S. faces ongoing legal battles over jurisdiction. Countries like China impose strict bans, while Brazil embraces crypto as a payment method. The regulatory landscape remains complex and in flux … Read more
Trump’s election has triggered an explosive rise in Bitcoin prices, soaring to $89,000 and boosting the entire cryptocurrency market. Investors expect a more favourable regulatory environment under Trump, who has shifted from sceptic to supporter of digital currencies. His recent venture, World Liberty Financial, introduces a proprietary cryptocurrency, fuelling hopes for industry growth and mainstream … Read more
The article forecasts the most significant trends in Web3, blockchain, and cryptocurrency for 2024, focusing on sustainability, decentralised finance, and emerging technologies, while noting the impact of Bitcoin’s halving and the challenges posed by past fraud incidents. As we plunge into the intricate weave of 2024, anticipation shrouds the horizon of Web3, blockchain, and cryptocurrency. … Read more