Kuwait’s Regulator Bans All Crypto-Related Activities
The regulatory authorities in Kuwait have now imposed an absolute ban on all cryptocurrency-related activities under their jurisdiction. On this front, the Central Bank of...
Buterin Shares Ethereum’s Account Abstraction During Paris Community Conference
Vitalik Buterin elaborated how ‘paymasters,’ an account abstraction extension, permits users to use the transferred coins to pay for gas fees. Account abstraction is considered...
Aave’s GHO Stablecoin Realizes $3.77M Market Cap
The newly launched dollar-pegged stablecoin by Aave is witnessing accelerated adoption. The stablecoin identified as GHO is running on Ethereum. Aave is replicating Maker's DAI...
Crypto Headcount Escalates Above 100% Since 2019
A review of the digital ecosystem shows contrasting staffing approaches that collectively have increased the crypto headcount. The industry giants, for instance, Binance, employ and...
SEC’s Chair Optimistic AI Could Strengthen Enforcement
The US Securities and Exchange Commission (SEC) chair that leveraging artificial intelligence (AI) could facilitate its market surveillance. Gary Gensler admitted that integrating AI-powered systems...
Australian Regulator Suspends License of FTX Australia
FTX came under fire on account of the misappropriation of its client funds. However, as the case is under investigation more dark secrets concerning the...
UAE-Based Influencer Gets 8 Years in US Prison After Forfeiting 151 BTC
A Nigerian influencer hailing from UAE was sentenced to eight years in prison in the USA. The person in question known pseudonymously as Mr.Woodbery was...
Glassnode Confident Bitcoin Established ‘Firm Foundation’ Under $30000
The analytics firm claimed that the historical price review shows the Bitcoin trend might be due to several months of sideways training. Glassnode, an on-chain...
Binance Adds Support for Bitcoin Lightning Network
There is much talk about the adoption of the second-layer scaling solution for the Bitcoin blockchain. It is important to note that the Bitcoin network...
US Regulators Reintroduce Crypto Bill to Regulate Digital Assets
Financial Innovation Act was introduced in Congress as part of an effort to regulate the virtual asset sector. However, the Act did not see the...