Instagram Threads, the Twitter alternative, has encountered a wave of challenges just 10 days after its launch. In response to growing reports of crypto-shilling bots and spam attacks, the social media platform has been compelled to implement rate limits. Adam Mosseri, the …
Coinbase CEO Brian Armstrong is scheduled to meet with over 100 Democrats on Wednesday to discuss the future of cryptocurrency regulation and legislation. The meeting, which will take place with members of the New Democrat Coalition, aims to address various issues surrounding …
Leading global contract chipmaker Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is expected to announce a 27% decline in net profit for the second quarter of this year, as the ongoing global economic challenges continue to impact the demand for semiconductors. Analysts remain …
On July, the Dubai Virtual Assets Regulatory Authority (VARA) made the decision to suspend BitOasis’ conditional license to engage in activities related to digital assets. This action by the Dubai regulator reflects the unique and innovative approach that the United Arab Emirates …
cryptocurrency tokens need to be analyzed using the same criteria as securities when sold to VCs or institutional buyers. However, when these tokens are sold anonymously through cryptocurrency exchanges or distributed to employees or insiders, they are considered something else entirely. This …
Good morning! Here’s what’s happening in the world of cryptocurrency and digital assets. Prices: Inflation data had little impact on the crypto markets, but a partial Ripple victory on Thursday caused Bitcoin and other major digital assets to surge higher. The market …
Filecoin, a decentralized storage network, is experiencing a significant increase in storage utilization, according to a report by Messari. The protocol currently averages 954.2 pebibytes (1.07 billion gigabytes) worth of storage deals, compared to its raw storage capacity of 12.2 exbibytes (14.1 …
Zac Prince, the CEO of BlockFi, allegedly ignored recommendations from the company’s risk management team regarding lending assets to Alameda Research. According to a filing with the United States Bankruptcy Court for the District of New Jersey by the unsecured creditors’ committee, …
The growing popularity of zero-knowledge proof-based scalable solutions, known as Zero-knowledge rollups (ZK-rollups), has been a significant development in the decentralized finance (DeFi) space. This technology, which has gained traction in the Ethereum ecosystem, has proven to be highly useful in addressing …
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