The famous decentralized blockchain oracle Chainlink has rolled out a Cross-Chain Interoperability Protocol (CCIP) on its mainnet. The pronouncement conveyed by the Chainlink group on July 17 illustrated that the CCIP aims to support the development of applications and other services on…
The Financial Stability Board (FSB) has finalized a global regulatory framework for cryptocurrencies that will ensure coordinated regulation of the crypto industry. The board in a press release on Monday 17 July said the framework will promote the comprehensiveness and international consistency…
A recent report from CLabs, the team behind Celo, outlined a slew of good news revealing that the blockchain firm plans to return to the Ethereum network. The proposal inked to the Celo community illustrated that the CLabs blockchain would migrate from…
A blockchain developer Pedro Magalhaes has discovered that the Brazilian central bank digital currency (CBDC) has a feature that allows the central bank to freeze users’ funds. Magalhaes discovered this when reviewing the Github codes for the country’s CBDC. The feature also…
Regulatory authorities in Argentina have given approval for the first Bitcoin-based futures contract. The futures contract is already available for trading to qualified investors via the Matba Rofex trading platform. The approval was given by the Argentine financial markets regulator, the National…
Larry Fink, the chief executive of BlackRock, announced on Friday, July 14, the importance of cryptocurrency in democratizing global investing. The CEO stated that crypto assets have gained popularity among company investors. Speaking at an interview with CNBC Squawk, the CEO confessed…
The Indonesian Commodity Futures Trading Supervisory Agency (CFTRAT), commonly known as Bappebti, revealed plans to launch a national crypto exchange before the end of July. Speaking at the local newsroom Tempo, the CFTRAT confirmed that the proposed crypto exchange would be released…
A Southern District of New York Court delivered a partial victory to Ripple in its long battle against the US securities and exchange commission (SEC). RIpple has been in court since December 2020 as the SEC claimed that XRP was a security….
A court sitting in the Southern District of Florida has ordered crypto exchange Digitex to pay a $16 million fine for operating an unregistered crypto exchange. The court gave the order on account of charges by the US Commodities and Futures Trading…
The largest crypto exchange in the US by trading volume, Coinbase, announced on Wednesday, July 12, an upgrade on its digital wallet. The Coinbase team introduced an encrypted messaging feature on the wallet to facilitate users communication. The report revealed that Coinbase…
In a press release dated July 11, the New York-based blockchain development company Consensys launched an Ethereum layer-2 scaling solution dubbed Linea Network. The report revealed that the Linea network would support developers in creating their projects. Additionally, the developers building on…
The UK-based British multinational bank Standard Chartered forecast that Bitcoin (BTC) will break the $120 000 resistance level in Q4 of 2024. The Standard Chartered report demonstrated that the BTC price will increase by 300% from the $30 000 current reading. In…
The year 2023 has been fairly good for cryptocurrencies, especially compared to 2022. It was in 2022 that the crypto market lost all the gains it gathered in 2021 when Bitcoin reached an all-time high of over $60,000. Bitcoin crashed to a…
Making informed investing decisions requires staying current with real-time market information in the fast-paced world of cryptocurrency trading. However, the complexity and volatility of the crypto market can be overwhelming, especially for beginners. That’s where user-friendly crypto price tracking tools come into…
Leading DeFi protocol Arcadia Finance has suffered an attack that led to the loss of $455,000 in assets. A hacker successfully stole the assets from the non-custodial decentralized finance (DeFi) protocol by exploiting a code vulnerability. According to leading blockchain security firm…
Vitalik Buterin, the founder of the second largest crypto by market value, Ethereum, advised the Twitter community on the crucial development required for Bitcoin to become more than a payment method. In his July 6 tweet, Buterin stressed that Bitcoin developers must…
The court case between Coinbase and the US securities and exchange commission (SEC) has been on for weeks, and the process is getting more interesting. In the latest happenings, the SEC has accused Coinbase of Knowingly violating securities laws. The SEC had…
On July 7, the American-based crypto solution provider Ripple Labs announced plans to launch a new program utilizing tokenization technology to transform the real estate sector. In a Twitter statement, Ripple’s central bank digital currency (CBDC) strategic adviser Antony Welfare explained the…
Crypto exchange Gemini has sued Digital Currency Group (DCG) and its founder Barry Silbert on Allegations of fraud. Specifically, Gemini co-founder Cameron Winklevoss is pursuing the case to prove that Silbert was responsible for the losses of creditors. The lawsuit is accusing DCG…
A bill granting exemption from capital gains taxes on the sale of digital currencies for foreigners has passed through a preliminary reading in Israel’s parliament on June 5. The bill also seeks to allot other tax benefits to foreign digital asset holders…
