Ethereum restaking: Blockchain innovation or dangerous house of cards?
“Restaking” involves reusing staked Ether to earn fees and rewards. The restaked tokens can then help secure and validate other...
Month: October 2023
Middle East regulatory clarity drives crypto industry growth — Binance FZE head
The UAE, Dubai and Bahrain continue to attract major cryptocurrency exchanges and businesses due to their progressive regulatory approaches. Major...
IMF director urges ‘financial inclusion’ via digitalization
IMF managing director Kristalina Georgieva says digitalization is “the most important way” to scale up financial inclusion. During her opening...
Council of the EU adopts DAC8 crypto tax reporting rule
The eighth iteration of the Directive on Administrative Cooperation was formally adopted by the Council of the European Union. The...
UK to target potential AI threats at planned November summit
The summit scheduled for Nov. 1–2 will place significant emphasis on the potential existential threat that AI represents, a concern...
BAYC creator Yuga Labs completes restructuring to focus on metaverse
Yuga Labs, a firm behind the Bored Ape Yacht Club NFTs, has completed restructuring to focus on its upcoming metaverse...
Ethereum LSDFi sector grew nearly 60x since January in post-Shapella surge: CoinGecko
The LSDFi sector’s total value locked has grown 5,870% since January as ETH holders seek better yields. The Ethereum liquid...
Hong Kong’s attitude toward crypto sours after JPEX saga: Survey
41% of respondents said they prefer not to hold virtual assets or cryptocurrencies — up 12 percentage points from an...
Coinbase lobbying efforts face setback from Hamas’ crypto use: Berenberg analysts
Reports of Hamas using crypto to fund recent attacks in Israel could make Coinbase’s lobbying efforts more difficult, says Berenberg...
Ethereum layer 2 zkEVM ‘Scroll’ confirms mainnet launch
Blockchain data from Etherscan suggest Scroll’s mainnet was live over a week ago. Scroll, a new contender in the zero-knowledge...
BTC price models hint at $130K target after 2024 Bitcoin halving
Bitcoin is due to double its current all-time high price within two years of the April 2024 halving, the models...
Why brand consistency matters and how Web3 companies are failing to deliver
Choosing a realistic, appealing brand promise to a specific audience can improve the ability to endure difficult markets and strengthen...
BTC price holds 6% gains as Bitcoin battles for ‘crucial’ $28K support
Bitcoin is at a “critical milestone” as BTC price tackles the $28,000 mark, say the co-founders of Glassnode. Bitcoin (BTC)...
Reddit to wind down blockchain-based rewards service ‘Community Points’
Reddit will shutter its Community Points feature by Nov. 8, citing scalability issues.
Google requests dismissal of AI data scraping class-action suit
Google argued in its motion to dismiss the claims that using publicly available information shared on the internet is not...
