Ethereum staking is gathering pace again, as there are now more deposits than withdrawals. This has resulted in an increase in the amount of staked ETH on the Beacon Chain. Ethereum staking deposits…
The federal financial regulatory agency of the United Arab Emirates (UAE) has announced that it will start receiving licensing applications for firms that want to provide virtual asset services within the country. The…
The Privacy-focused Dash crypto network has responded to the U.S. Securities and Exchange Commission’s (SEC) latest attack on the industry, claiming that it is a security. On April 17, the SEC unleashed its…
According to some market metrics, the time for altcoins to shine, commonly referred to as ‘alt season,’ may be just around the corner. Bitcoin has been on fire in 2023, gaining more than…
The United States House Committee on Financial Services a.k.a the Financial Services Committee will hold a hearing on April 19 to discuss stablecoins’ position as a means of payment and whether or not…
A positive reaction has been observed within the DeFi ecosystem After the successful completion of this week’s Shapella upgrade. Prior to the latest Etheruem network upgrade, some had speculated that a mass selloff…
The United States Attorney’s Office for the Southern District of New York has announced the sentencing for an individual who pleaded guilty to wire fraud charges connected to “unlawfully obtained” Bitcoin from the…
The Office of Foreign Assets Control (OFAC), a division of the US Treasury Department, has taken aggressive action against five individuals living in the People’s Republic of China (PRC) and in Guatemala. On…
Hong Kong-based digital asset firm HashKey Group has launched a new wealth management platform geared toward professional and institutional investors. In an April 14 announcement, HashKey cited “significant demand from investors to access…
The virtual landscape now has an under-the-radar player with the emergence of Futureverse, an open metaverse platform endeavoring to integrate elements of augmented and virtual reality, gaming, social media, commerce, and finance within…
A recent court judgment further weakens a key defense made by technology firm Ripple Labs in its ongoing legal battle with the United States Securities and Exchange Commission (SEC), the regulator has claimed…
As we navigate the ever-evolving landscape of digital assets, a significant shift is unfolding before our eyes. The realm of crypto may gradually be giving way to a new contender: artificial intelligence. In…
The French government is seeking public comment on the metaverse, or what it’s calling the “virtual immersive universe,” to shape “a French strategy” for the up-and-coming sector and offer an alternative to the…
As the world embraces the digital age, an intriguing financial phenomenon has emerged: the rise of crypto millionaires. Pioneers of this revolution have accumulated vast fortunes, leaving many to wonder if newcomers still…
The G20 — an intergovernmental forum comprising 19 countries and the European Union — has planned to develop a common framework for helping all countries deal with risks associated with cryptocurrency investments. Under…
As we investigate the current state of the metaverse, it’s essential to examine the factors contributing to its decline and analyze the potential consequences. The once-celebrated digital realm is facing significant challenges, and…