Crypto news

March 11, 2024

Arbitrum DAO’s Withdrawal from Tornado Cash Legal Defense Funding


Leading participant in the decentralised finance (DeFi) space, Arbitrum DAO, has withdrawn its offer to support Roman Storm and Alexey Pertsev, the developers of Tornado Cash, in their legal defence. The original plan called for setting aside about $1.3 million in ARB tokens from the community wallet to pay for the creators of the cryptocurrency […]

Crypto news

February 5, 2024

Bitcoin ETFs: South Korea’s Strategic Engagement with the SEC


The Financial Supervisory Service (FSS) of South Korea is set to have consultations with the Securities and Exchange Commission (SEC) of the United States over the nuances of spot Bitcoin Exchange-Traded Funds (ETFs). This interaction follows the SEC’s historic approval of eleven spot Bitcoin ETFs, which sent shockwaves across the world’s financial markets. South Korea’s […]

Crypto news

January 30, 2024

EU Securities and Markets Authority to Release MiCA Papers


The European Securities and Markets Authority (ESMA) has released two essential consultation papers as part of its goal to create thorough rules and regulations under the Markets in Crypto-Assets (MiCA) legislation. The consultation papers notably address two critical topics in crypto asset services: categorising crypto assets as financial instruments and the complex procedure of reverse […]

Crypto news

January 26, 2024

China’s Crypto Market: Booming $86.4 Billion Trades


China’s cryptocurrency trade has remarkably increased to $86.4 billion, defying the country’s strict prohibition on Bitcoin. According to a recent industry analysis, the Evergrande housing crisis and the fall of the Chinese stock markets are the two main economic shocks that caused this unanticipated rise. These events sparked a notable change in China’s investing habits, […]

Crypto news

January 25, 2024

Polygon Labs Unveils AggLayer: Bridging Blockchain Divides


Polygon Labs is set to launch its AggLayer protocol next month, aiming to provide an experience similar to a single digital environment by integrating several blockchains. To reduce the complexity of the existing blockchain architecture, AggLayer is intended to combine zero-knowledge (ZK) evidence from several networks.  What is Polygon Labs? Polygon Labs, a provider of […]

Crypto news

October 4, 2022

“Crypto will have billions of users by 2027” – Pantera predicts


Pantera CEO Dan Morehead believes that worldwide cryptocurrency use will skyrocket in the next four to five years, resulting in price increases. Pantera CEO Dan Morehead predicts that cryptocurrency will reach billions of users within the next four to five years. Based on supply and demand concepts, he predicted that crypto prices would climb as […]