Over the past two months, an average of more than 30 million BUSD (Binance USD) tokens have been burned per day, indicating a major shift in the crypto market.
Blockchain News
Republicans in the U.S. House of Representatives Patrick McHenry and Glenn Thompson of Pennsylvania released a draft bill on Friday.
In a major development for the cryptocurrency industry, the state of Texas successfully passed two bills related to cryptocurrency mining, while a controversial bill that could have adversely affected miners was defeated at the committee stage.
In a recent development, the LSD protocol’s unshETH project disclosed that one of its deployment private keys had been compromised, resulting in an emergency suspension of unshETH withdrawals.
The bedrock edition of Optimism is about to be released, laying the groundwork for Ethereum’s path to a superchain.
Cyber Capital founder Justin Bons recently expressed concern about ethereum’s current woes, attributing entrenched corruption to a major misalignment of its incentives.
In an exciting development, DWF Labs has pledged long-term financial support to the Outer Ring MMO, injecting a substantial seven-figure investment.
David Schwed, former head of digital asset technology at Bank Mellon, highlighted the critical role of rules that strengthen blockchain security in the adoption of cryptocurrencies.
In a recent publication titled “Maintaining Ethereum’s Consensus: The Risk of Overload,” Ethereum co-founder Vitalik Buterin addressed the critical topic of maintaining the integrity of Ethereum’s consensus mechanisms.
In a recent report, a British parliamentary committee recommended that cryptocurrencies such as bitcoin and ethereum be considered gambling because they pose significant risks to consumers.
The second-largest stablecoin by market cap, USD Coin, was rescued by the government in March, proving that it can indeed compete with banks.
ATLANTA, May 15, 2023 – During a question-and-answer session at the 27th Annual Financial Markets Conference hosted by the Federal Reserve Bank of Atlanta, U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler addressed the widespread Non-compliant and risky business models in the cryptocurrency market.
The World Bank recently published a report that took an in-depth look at the use of blockchain technology in infrastructure projects such as roads, power plants, and renewable energy schemes.
According to the latest NFT data disclosed in April, Ethereum holds the largest market share in terms of transaction volume, reaching an impressive 96%.
Following a U.S. congressional hearing on cryptocurrencies, a leaked internal memo circulating among Democratic members of the House Financial Services Committee shows that they advocate for the U.S. Securities and Exchange Commission (SEC) to be the primary regulator for cryptocurrencies.
The past week has seen a significant increase in non-fungible token (NFT) sales, with the cumulative value of NFT sales between April 29 and May 6 totaling $149.31 million.
According to data from TapTools, a Cardano-based analytics platform, social engagement on the blockchain platform Cardano has spiked significantly over the past seven days.
Speaking at the NexTech Week trade show in Tokyo on Thursday, Masaaki Taira, a lawmaker from Japan’s ruling party and head of the Web3 project team, highlighted Japan’s success in the blockchain space.
The Blockchain Association, a prominent industry group in the crypto space, filed a comment letter on May 8 in response to proposed regulations from the U.S. Securities and Exchange Commission (SEC).
Privacy project Railgun DAO has teamed up with Chainway to add “clearance proof” capabilities for anti-money laundering and sanctions compliance.