Blockchain
Former Microsoft Engineer Predicts a Gradual Shift in Blockchain Development Focus Toward Vertical Scaling
While wrapped digital assets have enabled the bridging of assets and expanded their utility, their perceived need for custodianship reintroduces centralization risks and trust dependencies This
Blockchain
Prime Suspect in $2.2M Crypto Fraud Faces Up to 20 Years in Prison
The US Department of Justice (DOJ) announced on Friday that Robert Wesley Robb, 46, from Colorado, pled guilty to wire fraud for deceiving investors with false promises about a Maximum Extractable
Blockchain
South African Tax Authorities Scrutinize Crypto Traders Amid Compliance Uncertainty
South African crypto traders have reportedly started receiving notices from the South African Revenue Service (SARS) indicating that their tax affairs are under review The revenue collector is
Blockchain
Understanding Oscillators in Bitcoin Trading: A Technical Analysis Guide
In the realm of bitcoin trading, technical analysis can play a significant role, with oscillators being pivotal tools Oscillators, developed over decades, assist traders in making informed decisions
Blockchain
Nigerian Regulator Amends VASPs Rules; Threatens Enforcement Against Noncompliant Entities
The Nigerian securities regulator said on June 21 that it had amended the digital asset rules to expand their scope and introduced an accelerated process for onboarding virtual asset service
Blockchain
Parfin Creates New Blockchain to Be Used as Privacy Solution for Brazilian CBDC
Parfin, a financial technology company, has created a new blockchain system to be used as a privacy solution for the Brazilian CBDC, drex Rayls, the new blockchain, will offer the possibility of
Blockchain
US Government to Report Seized Crypto as ‘Nonmonetary Property’
The Federal Accounting Standards Advisory Board (FASAB) has clarified that seized crypto assets should be treated as “nonmonetary property” while central bank digital currencies (CBDCs)
Blockchain
Bloomberg Analyst Doubles Down on July 2 Spot Ether ETF Launch Date Amidst Surge in S-1 Filings
Bloomberg’s senior ETF analyst has reaffirmed his prediction of a July 2 launch date for US spot ethereum exchange-traded funds (ETFs) after observing a surge in amended S-1 (registration
Blockchain
Ripple CEO Hails Latest Court Ruling ‘a Big Win’ — Calls His Lawsuit Baseless Troll Attempt
Ripple CEO Brad Garlinghouse says the latest court ruling on Ripple’s securities lawsuit “is a big win” He stressed that “absolutely nothing in the decision negates or
Blockchain
Robert Kennedy Jr Promises to Pardon Ross Ulbricht if Elected President — Says He’s Been in Prison ‘Far Too Long’
US presidential candidate Robert F Kennedy Jr (RFK Jr) has promised to pardon Ross Ulbricht if elected Like former US President Donald Trump, Kennedy advocates for Ulbricht’s release Both
Blockchain
Nigeria Rejects Claims Jailed Binance Executive Denied Quality Healthcare
A Nigerian government official has rejected claims that the jailed Binance executive is being denied access to quality healthcare In an apparent reference to the US calls for Tigran Gambaryan’s
Blockchain
Analyst Outlines Tough Conditions for a ‘Face Melting’ Altcoin Season Rally
The landscape for altcoins appears notably bleak, with most experiencing consistent declines since March and with bitcoin’s dominance escalating, it diminishes the likelihood of a resurgence