Coinbase CFO, Alesia Haas, recently shared her belief that Ethereum (ETH) should not be classified as a security. She emphasized that both the SEC and the CFTC have previously stated the same opinion. Haas highlighted the lack of regulatory clarity surrounding cryptocurrencies in the US as the root cause of the classification issue. She stressed
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In March 2024, blockchain security firm PeckShield reported a surge in crypto hacks, with more than 30 incidents leading to approximately $187.29 million in losses. This wave of attacks has dealt a blow to the progress of the DeFi sector, causing concerns among investors and users alike. Despite the significant losses incurred, there is a
As the Bitcoin Halving event looms closer, with less than 2,900 blocks remaining before miners’ rewards are halved, the anticipation among the crypto community is palpable. Scheduled to occur around April, data from Coinwarz points to April 19 as the likely date for the Halving at Block 840,000. This significant event, built into the core
The government of Argentina recently implemented strict regulations requiring all local crypto firms to register with a new regulatory body dedicated to the sector. Firms that fail to comply risk being prohibited from operating entirely, marking a significant shift towards stricter oversight in the crypto industry. On March 14, the nation’s senate passed legislation approving
As the Bitcoin Halving approaches, all eyes are on the flagship cryptocurrency, but crypto analysts like Jason Pizzino are making a strong case for altcoins such as Ethereum (ETH) and Solana (SOL). Pizzino suggests that Ethereum could potentially experience a breakout in the coming months based on his analysis of the ETH/BTC pair. While Bitcoin
Cryptocurrency analyst Rekt Capital recently discussed the potential breakout of Bitcoin from a weekly range known as Black-Black. This range was established after Bitcoin experienced an 18% correction, with candle-bodied and upside-wicking peaks in 2021 defining the range. Rekt Capital suggested that reclaiming the $69,200 Range High could signal a breakout for Bitcoin, potentially ending
WAX has recently made headlines with its partnership with Amazon Web Services (AWS) to integrate its blockchain tools into the Amazon Managed Blockchain (AMB) service. This collaboration is set to revolutionize the development process for blockchain-based games and apps by providing developers with direct access to WAX’s Web3 networks through the AWS console. By allowing
Nakamoto Games, a prominent Web3 gaming hub, has recently announced plans for three major releases in the near future. These releases are poised to mark a significant milestone in the company’s journey within the gaming industry. The first of these releases, GalacticGrail, is a AAA Collectible Card Game scheduled to launch on April 1st. Anticipated
Bitwise Asset Management, a prominent provider of cryptocurrency index funds, has made a bold move by urging the U.S. Securities and Exchange Commission (SEC) to postpone approval for a spot Ethereum Exchange-Traded Fund (ETF) until December. The company’s Chief Investment Officer, Matt Hougan, explained in an interview with Forbes that the industry’s current obsession with
In March, Shiba Inu (SHIB) saw a sharp increase in token burns, with billions of tokens being removed from circulation. The burn rate for the month totaled over 15.5 billion assets, marking a 2,300% increase compared to February. The most substantial burn took place on March 8, when nearly 14 billion SHIB tokens were sent
The increase in crypto crimes is a global concern, particularly with the recent surge in the market. One of the most vulnerable groups being targeted is the elderly, who are often lured into fraudulent schemes promising high investment returns in exchange for their funds. This trend has prompted authorities to step up their efforts to
The world of cryptocurrency is constantly evolving, with new coins and tokens surfacing every day. Some of these digital assets gain popularity and traction, while others quickly fade into obscurity. However, one recent launch has captured the attention of many in the crypto community – Poopcoin. Poopcoin, the brainchild of Jordan “Poopie” Castro, made its
The financial world is constantly evolving, with new technologies and trends shaping the way financial products are marketed and sold. One such trend that has caught the attention of regulators is the use of memes in marketing financial products. The Financial Conduct Authority (FCA) in the UK has recently released guidelines targeting meme-based marketing by
In response to the October 7th attacks on Israel, the US Treasury’s Office of Foreign Assets Control (OFAC) and the UK’s Office of Foreign Sanctions Implementation (OFSI) have intensified their efforts to combat terrorism financing through cryptocurrency. This crackdown led to the imposition of fresh sanctions on two individuals and three entities allegedly involved in