The increasing popularity of the crypto market and the services provided by exchanges to address the global economic crisis have drawn the attention of government agencies worldwide. As a result, regulatory actions and concerns have risen in tandem with the crypto industry’s growth.  The United States Securities and Exchange Commission …

According to a Bloomberg report, attorneys for the bankrupt crypto exchange FTX, have been exploring the possibility of rebooting the company. The exchange’s legal team has examined tax issues, cybersecurity implications, and user experience testing.  Per the report, in February alone, their bill totaled $13.5 million, reflecting a significant effort …

Bitcoin (BTC) mining has faced increasing scrutiny from the US government and environmental critics in recent years. Certain groups raised concerns that the energy consumption required for validating transactions on the network contributes to global carbon emissions. A recent article by The New York Times (NYT) reignited this debate, alleging …

As cryptocurrencies like Bitcoin (BTC) continue to gain popularity, some advocates suggest they could offer an escape route for the public from the dangers of financial bubbles. Among these advocates is Robert Kennedy, a US presidential candidate, who argued that Bitcoin and other cryptocurrencies operate on a decentralized network less …

A new report by the United States Treasury Department highlights the growing concern of the US regulatory agencies regarding “illicit” actors exploiting decentralized finance (DeFi) services and their associated vulnerabilities.  The report defines DeFi as virtual assets protocols and services that allow for automated peer-to-peer transactions using smart contracts based …

In a recent blog post, a mobile-first proof-of-stake layer 1 blockchain protocol, Celo, has announced a collaboration with Google Cloud, one of the world’s largest and most innovative technology companies.  According to the announcement, this new partnership aims to support sustainability-focused startups within the Celo network. Furthermore, it aims to …

As Ethereum (ETH) prepares for its highly-anticipated upgrade, now known as “Shapella,” the network has faced a new challenge in the form of malicious attacks on Miner Extractable Value (MEV) bots transactions. A network validator conducted the attack.  These aggressions have been carried out by a verifier who has invalidated …

The world of crypto assets has seen significant growth in recent years, with the total market capitalization reaching over $3 billion in November 2021. A new sector within the cryptocurrency industry is poised to continue the trend and explode in growth terms.  According to the decentralized finance expert under the …

Injective, a decentralized exchange and layer-2 protocol has announced the release of Cascade, the first-ever Solana Sealevel Virtual Machine (SVM) rollup for the inter-Blockchain Communication (IBC) ecosystem supported by Cosmos.  According to the announcement, this new integration will bring the SVM into the broader Cosmos ecosystem, a decentralized network of …

The Crypto-friendly Custodia bank, founded by Caitlin Long, a well-known figure in the crypto industry, has been denied its application to come under the supervision of the U.S. Federal Reserve (Fed), according to an official announcement.  The Board had previously announced the denial of the application. Still, the announcement confirmed …

Member of the US House of Representatives and Majority Whip Tom Emmer has recently introduced a new bill to provide regulatory clarity for the blockchain and cryptocurrency industry. The bill is called the Blockchain Regulatory Act (BCRA). According to Emmer, the purpose of this bill is to establish legal clarity …

The messaging app Telegram has added support for the stablecoin giant USDT on its wallet bot, according to a CoinDesk report. With this integration, users can now buy and sell USDT directly within the app, expanding the app’s cryptocurrency capabilities.  This significant development makes it easier for Telegram users to …