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EthereumBeginnerMetaMask co-founder Dan Finlay has used a memecoin experiment to highlight the shortcomings of Web3 and AI in terms of user consent and trust. By launching two identical memecoins, CONSENT, on the Base and Solana blockchains, Finlay aimed to compare the user experience and the level of trust…
#crypto#defi#memecoin
EthereumBeginnerUniswap, the leading decentralized exchange (DEX), has witnessed a significant surge in monthly trading volume across Ethereum Layer-2 networks. This surge is indicative of a renewed interest in decentralized finance (DeFi) and the increasing adoption of Layer-2 solutions to address Ethereum’s…
#crypto#defi#dex
GeneralBeginnerHashdex, a leading digital asset investment manager, has once again amended its S-1 filing with the U.S. Securities and Exchange Commission (SEC) for its proposed Nasdaq Crypto Index US ETF. This latest amendment comes as the company continues to work towards securing regulatory approval for the…
#crypto#etfs
BitcoinBeginnerCryptocurrency miners operating within the Electric Reliability Council of Texas (ERCOT) region are now obligated to report their power demand to the state’s utility regulator, the Public Utility Commission of Texas (PUCT). This new rule, which was passed on November 21, 2024, aims to enhance the…
#crypto#mining
BitcoinBeginnerHong Kong’s largest digital bank, ZA Bank, has made a significant move into the cryptocurrency market by launching retail crypto trading services. This development positions ZA Bank as Asia’s first bank to offer direct crypto trading to its retail customers. The bank’s decision to enter the crypto…
#crypto#hong-kong
BitcoinBeginnerWrapped Bitcoin (WBTC), a tokenized version of Bitcoin that operates on the Ethereum blockchain, experienced a significant flash crash on the Binance exchange on November 23, 2024. The price of WBTC plummeted to around $5,200, a dramatic decline from its usual trading price of approximately…
#altcoin#crypto#defi
GeneralBeginnerA hard fork is a term frequently encountered in discussions about Blockchain technology, as it plays a key role in how these systems function and evolve. Let’s explore the concept of a hard fork and how it operates within Blockchain. What is Blockchain? Blockchain is a digital technology that…
#crypto
EthereumBeginnerSouth Korean authorities have confirmed that the 2019 hack of the cryptocurrency exchange Upbit, which resulted in the theft of approximately $50 million worth of cryptocurrency, was carried out by North Korean hackers. This marks the first time that South Korea has officially attributed a major…
#crypto#north-korea#south-korea
GeneralBeginnerThe Securities and Exchange Commission (SEC) has announced that it has begun sending reparations to investors who participated in the initial coin offering (ICO) conducted by BitClave PTE Ltd. in 2017. The ICO, which raised over $25 million, was deemed to be an unregistered offering of securities…
#crypto#law#sec
GeneralBeginnerJapan has approved a significant economic stimulus package worth $87 billion, designed to alleviate the burden of rising prices on households and stimulate economic growth. This move comes as the country grapples with inflation and seeks to bolster its economic recovery. The package includes a…
#crypto#japan#tax
EthereumBeginnerPayPal has partnered with Xoom to facilitate cross-border payments using its stablecoin, PayPal USD (PYUSD). This collaboration aims to expand access to PYUSD in Asian and African markets, enabling PayPal to settle cross-border transactions outside of traditional banking hours. Xoom is working…
#crypto#paypal#tether
