The recent lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance has sparked a wave of concern within the crypto industry. As the case proceeds, the involvement of third parties through amicus briefs has become increasingly significant. In a notable move, crypto investment firm Paradigm has filed an amicus brief to support
The crypto industry in East Asia has been marred by recent controversies and legal challenges. This article delves into the key developments, shedding light on various issues such as alleged bribery, frozen accounts, and legal bans on crypto lending contracts. These incidents highlight the complex landscape of cryptocurrencies in the region and its impact on
In a recent blog post, the development team of Uniswap, the world’s largest decentralized crypto exchange by cumulative volume, announced the launch of a closed beta Android version of its mobile app. This move comes after Uniswap initially made its platform available only on PC and iOS devices. With over $1.7 trillion worth of trades
As the cryptocurrency market evolves and Bitcoin gears up for its next halving event, blockchain analysts are turning their attention to yPredict, an AI trading platform currently in the latter stages of its crypto presale. This article aims to analyze the potential of yPredict and its unique offerings in the dynamic world of crypto trading.
Recently, there have been rumors speculating that the US Securities and Exchange Commission (SEC) provided Ethereum with a regulatory free pass. Cardano founder, Charles Hoskinson, shared his thoughts on this matter during an AMA session on X (formerly Twitter). He highlighted how the Himman emails and other revelations shed light on the SEC’s thought process,
Former engineer Aditya Baradwaj has shed light on the lax security practices that contributed to enormous losses, estimated at nearly $200 million, within the now-defunct Alameda Research company. These revelations unveil a troubling trend of prioritizing rapid expansion over crucial risk management protocols, which resulted in significant challenges for the firm. Baradwaj’s disclosure highlights the
The Shiba Inu community has once again been targeted by scammers using fraudulent emails to deceive and trick unsuspecting individuals. Shibarmy Scam Alerts, a dedicated Twitter account that aims to protect against fraud and bad actors, has issued a warning to the community. They advised everyone to refrain from opening these deceitful messages, emphasizing that
In a concerted effort to address the significant tax revenue loss resulting from the lack of cryptocurrency tax reporting, U.S. Senators Elizabeth Warren and Angus S. King, Jr. are urging the U.S. Department of the Treasury and the Internal Revenue Service (IRS) to expedite the implementation of recently proposed tax reporting rules for cryptocurrency brokers.
Ethereum staking protocol Lido Finance recently faced significant challenges due to infrastructure and signer configuration issues from validators operated by Launchnodes. These challenges resulted in a series of slashing events, impacting the protocol’s operations and the stakers involved. On October 11th, Lido Finance experienced a total of 20 slashing events on the Ethereum blockchain. These
On October 8, 2023, the Ethereum network experienced a significant decline in gas fees, with an average fee of 8.8 Gwei. This drop in fees had not been observed since October 2, 2022, when the average fee was 8.4 Gwei. The primary reason behind this decline can be attributed to a decrease in user engagement