Smart Contract Blockchains Will Become Less Cypherpunk, Says VC Leader
The foundational “cypherpunk” values that initially inspired the development of smart contract platforms are likely to diminish over the next decade, according to Jesse Walden, managing partner of Variant Fund.…
Bitcoin ‘Still the Best-Performing Asset’ After Weak Q3
Bitcoin continues to be the top-performing asset in 2024, even after experiencing a “seasonally weak” third quarter, according to a report from the New York Digital Investment Group (NYDIG). During…
New Ethereum Proposal Aims to Increase Throughput by 50%
A recently introduced Ethereum Improvement Proposal (EIP) seeks to significantly enhance the performance of the Ethereum network by reducing block times by 33% and boosting overall data capacity. Developers claim…
US Files Complaints to Seize Assets from North Korean Hackers
On October 4, the United States government initiated legal action to seize over $2.67 million in digital assets that were reportedly stolen by the notorious Lazarus Group, a hacking organization…
Tether Teases USDT Documentary on 10th Anniversary
On its 10th anniversary, stablecoin issuer Tether announced plans to release a documentary highlighting the impact of USDT on combating inflation. The upcoming film aims to showcase the benefits of…
UAE Exempts Crypto Transfers, Conversion from Value-Added Tax
Recent amendments to the value-added tax (VAT) regulations in the United Arab Emirates (UAE) will exempt transfers and conversions of digital assets, including cryptocurrencies. This significant change is part of…
Telegram to Enable NFT Conversion for New Gifts Feature
Telegram CEO Pavel Durov has teased an exciting new feature that will allow for the conversion of non-fungible tokens (NFTs) amid the launch of the platform’s latest feature, Gifts. This…
LEGO Removes Crypto Scam from Homepage After Being Hacked
LEGO Group, the well-known toy manufacturer, has reportedly eliminated a “LEGO Coin” token scam that briefly appeared on its homepage following a hack on October 5. The incident has raised…
Harris Blasts Arkansas Governor’s Comments About Her Lack of Biological Children
Vice President Kamala Harris responded sharply to remarks made by Arkansas GOP Governor Sarah Huckabee Sanders, who suggested that Harris “doesn’t have anything keeping her humble” because she doesn’t have…
Visa Unveils Platform for Tokenized Digital Asset Management
Visa has officially launched its new Visa Tokenized Asset Platform (VTAP), aimed at facilitating the issuance and management of digital assets. On October 3, Visa announced the VTAP, which is…
Taiwan’s New AML Laws Put Crypto Firms on Notice
The Financial Supervisory Commission (FSC) of Taiwan has introduced a set of new Anti-Money Laundering (AML) regulations that local virtual asset service providers (VASPs) must comply with by 2025. This…
Banks to Join SWIFT Digital Asset Trials in 2025
Banks across North America, Europe, and Asia are gearing up to participate in upcoming trials involving digital assets organized by the Society for Worldwide Interbank Financial Telecommunication (SWIFT). On October…
Aptos Labs Enters Japan Through HashPalette Acquisition
Aptos Labs, the developer behind the Aptos Network, has taken a significant step to expand its presence in Asia by signing an agreement to acquire HashPalette, a Japanese non-fungible token…
Coinbase Pushes CFTC for Documents to Defend Against SEC
Coinbase has filed a petition in federal court seeking to compel the Commodity Futures Trading Commission (CFTC) to provide communication records with several crypto token issuers. This request is crucial…
Court Revives 2020 AT&T Case Over $24M Crypto Theft via SIM Swap
AT&T is set to return to court facing charges related to its failure to protect user information, following an appeal that overturned part of a summary judgment in the company’s…
BTC Whales Not in Sufficient Profit to Dump on Market
An analysis of the Bitcoin unrealized profit ratio comparing new and old whales indicates that large Bitcoin holders have not yet realized enough profits to justify selling their significant holdings…
UK City Minister Advocates for Blockchain-Based Gilts Despite Government Concerns
Tulip Siddiq, the United Kingdom’s city minister, is advocating for the introduction of blockchain-based gilts, a form of government bond issued using blockchain technology. This initiative aims to modernize the…
Australian Federal Police ‘Decipher’ Seed Phrase to Access Suspect’s $6.4 Million in Cryptocurrency
The Australian Federal Police (AFP) recently announced that they successfully “deciphered” a seed phrase, allowing them to access $6.4 million (approximately 9.3 million Australian dollars) in cryptocurrency linked to a…
Bitcoin ETFs Experience Largest Outflow in a Month Amid Rising Middle East Tensions
Institutional investors appear to be reacting to escalating tensions in the Middle East, leading to significant outflows from United States spot Bitcoin exchange-traded funds (ETFs). On October 1, these ETFs…
Over 80% of 2022 Crypto Startups Remain Active Despite Market Chaos
A recent report from venture capital firm Lattice Fund reveals that more than 80% of early-stage startups that raised funds in 2022 are still operational, despite the tumultuous landscape of…