Author: Mehar Nayar
Vitalik Buterin Advocates Streamlined Ethereum Proof of Stake Architecture
Ethereum co-founder, Vitalik Buterin has introduced three alternative approaches aimed at simplifying the proof of stake (PoS) design within the Ethereum blockchain. The proposals, outlined in Buterin’s recent blog post,…
Hong Kong Seeks Public Input on Proposed Stablecoin Legislation
The Hong Kong Monetary Authority (HKMA) and the Financial Services and Treasury Bureau (FSTB) have initiated a public consultation on potential stablecoin legislation, signaling a significant step in the region’s…
MicroStrategy Boosts Bitcoin Reserves with $615 Million Purchase, Targets 1% of Total Supply
MicroStrategy, the prominent business intelligence firm led by CEO Michael Saylor, has once again demonstrated its confidence in the long-term potential of Bitcoin. In a recent disclosure to the Securities…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Disclaimer: This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an…
Japan Contemplates Tax Relief for Crypto Industry Growth
In a significant move to foster the development of Japan’s Web3 industry, Prime Minister Fumio Kishida’s cabinet has approved a proposal to eliminate corporate taxation on unrealized cryptocurrency gains. The…
Metis, Led by Natalia Ameline (Vitalik Buterin’s Mother), Surges 36% in Rally
In a noteworthy development, Metis, a prominent player in the layer-2 blockchain sector led by Natalia Ameline, mother of Ethereum founder Vitalik Buterin, has witnessed a remarkable 36% surge in…
OKX CEO Weighs Listing Decisions Amid BRC-20 Surge
The CEO of cryptocurrency exchange OKX, Jay Hao, has shared insights on the pressure he’s facing to list more Bitcoin (BTC) ordinals, as the total market cap of BRC-20 tokens…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Disclaimer: This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an…
Worldcoin Halts Orb Verification in India, Brazil, and France: A Closer Look at the Cryptocurrency’s Expansion Strategy
In a recent development, Worldcoin, the cryptocurrency project co-founded by OpenAI CEO Sam Altman, has decided to discontinue its Orb-verification service in India, Brazil, and France. This move comes just…
Legal Woes Mount for Three Arrows Capital Founders as BVI Court Freezes $1.1 Billion in Assets
In a significant legal development, a British Virgin Islands (BVI) court has issued an order to freeze assets valued at up to $1.1 billion belonging to Su Zhu and Kyle…
PancakeSwap’s CAKE Token Surges 20% Following Strategic Supply Cut
PancakeSwap’s native token, CAKE, has experienced a notable 20% surge in value after the decentralized exchange’s team proposed a reduction in the token’s maximum supply. The move, aimed at transitioning…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
1. Revolut launches crypto trading services in New Zealand. Almost 100 tokens including Bitcoin BTC , Ethereum ETH, and Ripple XRP went live as the fintech giants sought ways to penetrate…
IOSCO Issues DeFi Policy Recommendations: Navigating Regulatory Responsibilities in the DAO Landscape
In a move to address the evolving landscape of decentralized finance (DeFi), the International Organization of Securities Commissions (IOSCO), the global standards setter for securities markets regulation, has released comprehensive…
China Forges Ahead in Web3 Development: Boosting NFTs and Decentralized Apps Despite Crypto Trading Ban
In a noteworthy move, China’s Ministry of Industry and Information Technology has pledged to enhance the development of non-fungible tokens (NFTs) and decentralized applications (DApps), underscoring its commitment to blockchain…
Ripple Establishes European Foothold in Ireland Amid Regulatory Preparations
Ripple, a prominent enterprise blockchain development firm, has strategically chosen Ireland as its gateway to the European Union, registering with the Central Bank of Ireland as a virtual asset service…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
1. Binance has agreed to pay $2.7B and Changpeng Zhao, its former CEO will pay $150M. The $4.3 billion settlement that Binance reached with the DOJ, FinCEN, OFAC, and CFTC…
Montenegro Court Reverses Decision on Do Kwon’s Extradition Amid Legal Controversies
In a significant legal turn, the Appellate Court of Montenegro has revoked the extradition approval for Do Kwon, the founder of Terraform Labs, citing procedural irregularities in the November decision….
UK Unveils Regulatory Framework for Digital Securities Sandbox, Effective January 2024
The United Kingdom has taken a significant stride in shaping the future of its digital assets sector with the introduction of new regulations governing the Digital Securities Sandbox (DSS). This…
SEC Extends Evaluation Period, Delays Decision on Multiple Ethereum ETFs Until Mid-2024
In a recent announcement, the Securities and Exchange Commission (SEC) has once again deferred its decision on the Hashdex Nasdaq Ethereum ETF, extending the evaluation period until mid-2024. Despite the…
Crypto Bytes: Top 10 News from Cryptoverse
1. Zooko Wilcox, the creator of the privacy-focused cryptocurrency Zcash, is leaving position as CEO of Electric Coin Co. The new CEO of Electric Coin Company, the development company for…