In the latest development, Norway is currently considering the potential adoption of a central bank digital currency (CBDC). In the process, Norway's Central Bank, Norges Bank, has endorsed the Markets in Crypto-Assets (MiCA) regulation, which is a landmark framework created by the European Commission (EC) that focuses on maintaining financial stability.
TL;DR Institutional staking offers liquidity and security benefits to blockchain networks but raises significant risks of power centralization. The influence of large institutions in governance may unbalance the principles of transparency and decentralization that are core to blockchains.
Decentralized finance (DeFi) passed gaming last month to become the top sector in the decentralized app (DApp) space, according to a new analysis from the market intelligence firm DappRadar. DappRadar notes that DeFi now accounts for 34.5% of overall DApp activity, compared to 24.5% for gaming and 17.7% for non-fungible tokens (NFTs).
With Bitcoin price recently reaching a new record high of $76,943.12, the cryptocurrency market is filled with enthusiasm and hope. This increase has rekindled interest in multiple altcoins that are set for substantial profits.
It's a scenario worthy of the most thrilling thrillers, but this time, it is very real. Dean Skurka, CEO of WonderFi, was the victim of a kidnapping in the heart of Toronto.
According to crypto analytics firm CryptoQuant, Binance and Coinbase recorded significant stablecoin inflows after Donald Trump's win. The firm highlighted that inflows of this magnitude were last experienced in 2020.
The following is a guest article from Vincent Maliepaard, Marketing Director at IntoTheBlock. DeFi is driving one of the most aggressive waves of innovation in decades.
The next four years should be ‘highly favorable' to the digital assets sector, but thoughtful legislation will be critical.
Latin America's cryptocurrency landscape is undergoing significant changes, with stablecoins emerging as the dominant digital asset class in the region. According to a recent Chainalysis report, stablecoin usage is growing rapidly as Latin Americans seek financial stability amid economic challenges.
Excitement over the outcome of the United States elections changed the sentiment in the derivatives market, driving trading volumes and open interest.
Binance founder Changpeng Zhao, also known as CZ, recently revealed on his educational focus for Giggle Academy. His new endeavor targets countries with low literacy rates.
Prediction platforms, like Polymarket, recently attracted significant attention during the US elections for their distinct role in forecasting outcomes. However, Ethereum co-founder Vitalik Buterin believes these platforms hold even greater potential, envisioning their evolution to reshape social media, science, news, governance, and other sectors.
Vitalik Buterin highlights how prediction markets like Polymarket can transform to “info finance” platforms.
The crypto industry helped put Donald Trump back in the White House. Now, it hopes his presidency will boost the asset class to new highs.
In a recent podcast, crypto experts Murad Mahmudov and Arthur Hayes shared their insights on the evolving roles of meme coins, DeFi, and AI tokens. The experts highlight significant shifts and predict how these assets may function by 2025.
Bitcoin remains the top player in the crypto market. Historically, Altcoins tend to follow Bitcoin's movements. The Bitcoin market has already surpassed its all-time high of $73,000+. To reach the mid-March peak, the Altcoin market has to grow at least 18.75%. This implies more room for growth in the Altcoin market.
Despite current impediments, web3 loyalty programs are full of potential, and consumers could see real change sooner than we think.
The crypto markets are gearing up as the Bitcoin price is approaching back to the levels close to the ATH, intending to form a new one in a short while. In the meantime, this popular altcoin, Notcoin, which refrained from bullish price action, has displayed massive strength.
The cryptocurrency industry has emerged as a notable political force, with over $135 million spent in the 2024 election cycle to support more than 50 candidates across the political spectrum.
A Pennsylvania State Police unit is advising the public of a new bitcoin scam targeting vulnerable individuals, particularly seniors. Scammers contact them through email, phone, or other electronic means, claiming there's a fraudulent activity involving their personal information.
Binance Labs, the crypto exchange's venture capital arm, has invested in decentralized science (DeSci) by backing the BIO Protocol.
Chinese official Wang Moumou just received a life imprisonment for selling secret documents to British intelligence. Wang racked up heavy debts due to failed crypto trading, and received crypto in payment for espionage.
Polymarket has sparked speculation about a potential token launch, fueling excitement among its users. The post Polymarket Hints at Token Launch, Teasing Users with Potential Airdrop appeared first on Cryptonews.
Norges Bank backs the EU's MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway.
The cryptocurrency market continues its bullish ascent, two of the largest centralized exchanges, Binance and Coinbase, have witnessed a massive influx of ERC-20 stablecoins, totaling approximately $9.3 billion. This remarkable inflow represents one of the most significant movements in recent crypto history, positioning the exchanges as key players in the ongoing market expansion.
Chainlink (LINK) and Maker (MKR) are arguably the most recognizable names in the ranking.
UBS has unveiled a major breakthrough with UBS Digital Cash, a blockchain-based solution poised to revolutionize cross-border payments.
CertiK Alerts, a cyber security firm, reported increased crypto security incidents in October 2024 excluding phishing, which was above the monthly average of 40 recorded in the year. Yet, damages were infrequent and relatively less in terms of money; the sum of $2.
In a move that would have seemed like science fiction a few years ago, Detroit is preparing to welcome cryptocurrency into its municipal coffers.
In this article, we see how to participate in the upcoming crypto airdrop of Sony's new blockchain, Soneium!
The California Department of Financial Protection and Innovation (DFPI) has revoked Blockfi Lending LLC's finance lending license for violations under California's Financing Law (CFL).
CZ is considering selling its stake in Binance, sparking speculation about a possible liquidation of the crypto platform.
Eclipse launches its mainnet, combining Ethereum and Solana for fast and cost-effective crypto transactions!
Ethereum co-founder Vitalik Buterin believes finance-driven information sources could transform other sectors such as social media, scientific review, and decentralized governance.
Binance Labs has invested in BIO Protocol in the decentralized science (DeSci) sector, aiming to transform scientific funding and development through blockchain technology.
The abduction of a crypto CEO exposes stark security risks for high-profile crypto holders as bitcoin's soaring value increasingly attracts criminal attention.
Global digital asset leader HashKey Capital and Web3 news outlet Decrypt today announced the formation of Layer East Media, a media network that unites leading Web3 publications across the Asia-Pacific (APAC) region. Layer East Media aims to assist Western Web3 projects in navigating and thriving within the diverse and complex markets of APAC.
The French industrial giant Schneider Electric is facing a new cyberattack, the third in two years. The hacker group "Hellcat" threatens to disclose 40 GB of sensitive data, initially demanding an unusual ransom of 125,000 dollars in baguettes before backtracking to demand payment in Monero cryptocurrency.
Layer East Media is a collaborative network bringing together Asia Pacific's top Web3 publications to help Western projects navigate and thrive in the region.
Rumors are flying around that Richard Farley, a top Wall Street lawyer, could soon take over as SEC Chair under Trump. Farley would replace Gary Gensler, who's been pretty tough on crypto. And his potential appointment has some people excited while others, not so much. Farley's connections to Wall Street make him a unique pick.
The U.S. Department of Justice (DOJ) has launched a website to gather information from individuals affected by the 2016 Bitfinex hack, where approximately 120,000 BTC were stolen. The site provides a platform for potential victims to assert their rights under the Crime Victims' Rights Act (CVRA) and submit statements detailing their losses.
In an extremely sensitive and unusual scandal for Chinese state security, Wang – a young official – has been given a life term over his act of spying on his country and leaking data to cover losses from Bitcoin operations.
Following Donald Trump's recent election victory, discussions have begun regarding the selection of a new chair for the U.S. SEC. According to Fox Business journalist Eleanor Terrett, sources close to Trump's transition team promises that the next SEC chair will likely be pro-crypto.
In his article, Buterin praises prediction market Polymarket for combining gambling and informative tools.
North Korean hacker group BlueNoroff is using a new malware campaign targeting MacOS devices.
Polymarket token airdrop for users who reinvest their winnings is rumoured to be possible.
Who will lead the SEC after Trump fires Gary Gensler? Crypto advocates hope for a shift toward clarity and innovation over enforcement. Eyes on the SEC: How a Key Power Shift Could Redefine Crypto's Path Following the U.S. presidential election, speculation is rising about a possible leadership shift at the U.S.
Reports disclosed that a former CEO of the world's biggest crypto exchange increased his wealth by a massive amount in one day. This growth is attributed by analysts to the latest results of the US elections, which allowed Donald Trump to reclaim the US presidency.