The United States House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion received an education in the uses of blockchain technology in a hearing entitled “Crypto Crime in Context: Breaking Down…
The cryptocurrency market sentiment has turned bullish with the potential of a spot Bitcoin ETF (exchange-traded fund). While appealing, this innovative financial product comes with a suite of risks that investors must carefully…
A fake filing published to the State of Delaware’s Division of Corporations on Nov. 13 will be referred to the Delaware Department of Justice. In a Nov. 14 statement, a spokesperson for the…
The cryptocurrency market is experiencing a significant shift, evidenced by a surge in Bitcoin millionaires. In 2023, the number of addresses holding over $1 million in Bitcoin has more than tripled, reaching a…
The Blockchain Association, a United States-based cryptocurrency advocacy group, has submitted a comment letter mainly in opposition to tax regulations proposed by the Internal Revenue Service (IRS). In a Nov. 13 letter, the…
The current bullish market sentiment is significantly influencing the broader cryptocurrency market. Obscure assets, such as ZRX, the governance token for the 0x decentralized exchange protocol, have surged by an impressive 238% in…
Non-government organization Bitcoin Argentina presented a draft bill proposing to regulate the cryptocurrency market in a way that preserves decentralization and strengthens public trust. The proposed legal framework was pitched by Bitcoin Argentina’s…
The litany of applications for a spot Ethereum exchange-traded fund (ETF) has positively impacted Grayscale’s Ethereum Trust (ETHE). The rising interest has significantly increased trading volume across various crypto exchanges, narrowing ETHE discount…
The Indian Supreme Court declined to consider a Public Interest Litigation (PIL) that aimed to establish regulations and a framework of guidelines for cryptocurrency trading in India. According to a report, the bench…
US researchers recently found that artificial intelligence (AI) could leave freelance workers with no job unless governments step in. Another study found that productivity increases when AI is used to help instead of…
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The exploiter behind the $116-million…
Stablecoin issuer Circle has announced an upgrade to reduce transaction fees by approximately 7%. This v2.2 upgrade, involving USDC and its euro counterpart EURC, significantly enhances transaction efficiency on Ethereum Virtual Machine (EVM)…
The Proof of Stake Alliance (POSA), a nonprofit organization that represents firms in the crypto staking industry, published an updated version of its “staking principles” on Nov. 9. Previous version of the POSA…
Paul Grewal, Coinbase’s Head of Legal, has detailed in a series of posts how the extensive security laws of the United States Securities and Exchange Commission (SEC) are impeding the progress of the…
Cryptocurrency taxation is a subject of increasing importance, with governments worldwide working diligently to establish clear rules for taxing digital assets. In the United States, the United Kingdom, and Canada, crypto holders navigate…
OpenAI recently held its first developer conference, revealing a suite of advancements and initiatives highlighting its ongoing commitment to innovation and user empowerment. The event, packed with announcements, underscored OpenAI’s role in shaping…