In an article for his personal blog, Ethereum co-founder and Web3 architect Vitalik Buterin has laid out his perspective on the growing trend of rising transaction fees and its consequences for decentralization. In particular, he argues that due to the exponential increase in fees, Web3’s progress towards decentralized infrastructure is significantly slowing down. Buterin claims […]Read More

The government of Kyrgyzstan announced in 2023 that it had raised more than $1 million from taxes imposed on its cryptocurrency miners. This marks the first time that the Kyrgyz government has imposed taxes on crypto miners and the first time it has generated revenue from the cryptocurrency industry. The Kyrgyzstan government levied a 6% […]Read More

It is difficult to predict Cardano (ADA) prices as the crypto market is still very volatile and uncertain. However, as ADA currently stands above $0.63, there is a possibility of a major rally in the near future. The key drivers of price movements for ADA will be the development of its blockchain technology and from […]Read More

Exchange CHMPZ, the revolutionary new cryptocurrency launched by the team at Chimpzee, has announced that it will be burning 2 billion of its tokens as it prepares to launch on the global P2B exchange. The news comes as the cryptocurrency looks to cement itself as a leading digital asset as it prepares to enter the […]Read More

Cathie Wood’s firm, Ark Invest, has announced today that it has sold its entire stake in the Grayscale Bitcoin Trust (GBTC) and has instead invested over $100 million in the new Bitcoin futures ETF, BITO. BITO, which stands for Bitcoin Indexed Tracking Obligation, allows investors to gain exposure to the world’s most valuable cryptocurrency without […]Read More

Recent weeks have seen multiple high profile crypto influencers fall victim to SIM swap attacks, resulting in funds stolen from associated crypto wallets. SIM swap attacks occur when a hacker hijacks a victim’s cell phone number, enabling the hacker to access crypto funds stored in the individual’s wallet. On May 3rd, cryptocurrency analyst Joseph Young […]Read More

The digital currency Solana (SOL) has made a big move, overtaking Binance Coin (BNB) in market capitalization to become the fourth-largest crypto asset. In the last 24 hours, SOL has gained as much as 17% and is now trading at $41.61, up from $35.55. This move has allowed SOL to overtake BNB, whose price has […]Read More

SEC Chair Gary Gensler has been vocal and consistent about the need for regulation in the cryptocurrency space. He expressed concerns about the risks of digital asset investments, particularly in the areas of protecting customer money, preventing manipulative activities, and preventing fraud. Gensler has been credited for bringing a more forward-looking approach to the SEC’s […]Read More

Circle Financial, a US-based crypto-asset and blockchain services company, has announced that it has obtained conditional registration in France from the Autorité des Marchés Financiers (AMF). The conditional registration allows Circle to launch its crypto solutions and services within the borders of France. As part of the registration, the firm is now looking to hire […]Read More