Author: Anshul

SEC Escalates Case Against Tron’s Justin Sun

The U.S. Securities and Exchange Commission (SEC) has intensified its legal actions against prominent figures in the industry. The latest development involves an amended complaint filed by the SEC against Justin Sun, the founder of Tron, asserting that Sun’s frequent travels to the U.S. bring him within the reach of U.S. jurisdiction. The complaint details […]

Binance Shifts SAFU to USDC for Stability

Major crypto exchange Binance has recently made a significant change to its Secure Asset Fund for Users (SAFU), converting the entirety of this emergency insurance reserve into USDC, the second-largest stablecoin by market capitalization after Tether. The SAFU is designed as a safety net for Binance users, providing reimbursement in the event of lost investor […]

Navigating the Bitcoin Halving: Miner Perspectives

Almost everyone is eagerly anticipating Bitcoin halving, viewed broadly as a catalyst for a bullish market surge due to the expected supply crunch from reduced token creation. This event, which reduces the number of new tokens mined and thus potentially increases the price of Bitcoin (BTC), is particularly significant as it happens once every four […]

Xai Foundation Launches New Staking Pools

The Xai Foundation, renowned for fostering the Xai layer-3 gaming network which utilizes Arbitrum’s scaling solutions on Ethereum, has unveiled an innovative staking pool system aimed at enhancing user engagement within its ecosystem. This development introduces esXAI, a new token that represents an escrowed version of the original XAI token, designed to facilitate the staking […]

Hong Kong’s Imminent Bitcoin and Ethereum ETFs

Hong Kong’s financial landscape is on the brink of a significant evolution with the potential launch of spot Bitcoin and Ethereum exchange-traded funds (ETFs) by the end of April. This move, articulated by Markus Thielen of 10x Research in an interview, reflects a pivotal shift in the region’s approach to cryptocurrency. Thielen, a seasoned analyst […]

Bitcoin Aims to Match Ethereum with Runes Launch

In a significant development for the cryptocurrency market, investment giant Franklin Templeton Digital Assets has released a report suggesting that Bitcoin could soon “close the gap” with leaders like Ethereum and Solana in the fungible digital asset arena. The introduction of a new token standard, Runes, is poised to catalyze this shift, enhancing Bitcoin’s capabilities […]

Solana Begins Network Congestion Fixes

Solana has started to roll out updates aimed at improving system performance. The first of these updates, version v1.17.31, was introduced early Monday by Anza, a developer team that originated from Solana Labs. This initial release does not purport to completely solve the congestion but marks a significant first step towards a more stable network. […]

TeleportDAO Boosts Bitcoin Layer 2 Interoperability

The Bitcoin blockchain is evolving beyond its initial purpose as a platform solely for BTC transactions. With the advent of Ordinals and ideas for creating fungible tokens like BRC-20s and running smart contracts, Bitcoin’s role in the digital ecosystem is expanding significantly. These innovations have given rise to the concept of Bitcoin layer 2 solutions, […]