A new Bitcoin computational framework aims to power various applications and functions using native BTC, including token bridges and aggregator oracles. Bitcoin researchers are polishing a new open-source framework called BitVMX, which promises to allow complex applications and functions to be built and executed securely on Bitcoin’s base layer. BitVMX, inspired by Robin Linus’s BitVM project, […]
DeFi’s ‘unknown and unpredictable’ risks curb institutional use — Fireblocks VP
Institutions are keen on DeFi, and its use among them is growing, but on-chain risks are hamstringing further adoption, says Fireblocks’ Shahar Madar. Institutional investors have a “growing interest” in decentralized finance (DeFi) but are held back by the risks of on-chain transactions, says a Fireblocks executive. The company aims to address these concerns by […]
SEC targets Uniswap Labs, raising concerns over open-source code liability
SEC actions have made developers fearful that their code may end in prosecution. Are smart contracts with immutable code the way to protect themselves? On April 10, Uniswap Labs received a Wells notice — a letter informing a company or individual that the United States Securities and Exchange Commission is planning to bring an enforcement […]
UK regulator scrutinizes Big Tech's role in AI industry
Regulatory scrutiny is intensifying in the U.K. as Big Tech’s deepening involvement in the AI sector raises concerns over competition and market dominance. Regulators in the United Kingdom are keeping a watchful eye on the local artificial intelligence (AI) scene as Big Tech companies continue to dominate the space. On April 24, the U.K.’s Competition […]
Renzo’s ezETH depegs to $688 following end of airdrop farming window
Despite the temporary price depeg, a trader made nearly $400,000 in profit due to the unfortunate incident. Renzo Protocol’s restaked Ether token (EZETH) suffered a price depeg on April 24. The depegging incident saw the token’s price briefly fall to a low of $688 on Uniswap decentralized exchange, before recovering its price parity with Ether […]
Top Cheap Cryptos Under $1 Poised for 15X Gains
The post Top Cheap Cryptos Under $1 Poised for 15X Gains appeared first on Coinpedia Fintech News Cryptocurrency investments offer a unique chance for sizable returns, especially with lesser-known coins that can multiply in value. As the bull run of 2024 begins, some cryptos priced under $1 show potential for significant growth. This article sheds […]
HBAR’s BlackRock Rollercoaster: 100% Surge, 47% Plunge, What’s Next?
The post HBAR’s BlackRock Rollercoaster: 100% Surge, 47% Plunge, What’s Next? appeared first on Coinpedia Fintech News The Hedera token experienced a massive surge of over 100% to its portfolio following a hoax news breakout of its partnership with Archax to tokenize BlackRock’s ICS US Treasury money market funds on its blockchain. However, the news […]
Castula Network Promises Impressive ROI As Injective and Binance Coin Gear Up For Bull Run
The post Castula Network Promises Impressive ROI As Injective and Binance Coin Gear Up For Bull Run appeared first on Coinpedia Fintech News Decentralized finance is approaching a revolution. While established players like Injective (INJ) and Binance Coin (BNB) navigate the post-Bitcoin halving, a new contender has emerged, called Castula Network. Castula Network (CNK) promises […]
NuggetRush Firing On All Cylinders Amid Token Launch While Litecoin And SUI Consolidate
The post NuggetRush Firing On All Cylinders Amid Token Launch While Litecoin And SUI Consolidate appeared first on Coinpedia Fintech News TLDR Litecoin (LTC) could return to $100 due to its growing popularity. Sui could also recover in Q2 2024 after suffering from the crypto crash of April 2024. NuggetRush’s (NUGX) mining game will soon […]
Ripple IPO and Stock Dilemmas: CTO Schwartz’s Perspective Amid XRP Lawsuit
The post Ripple IPO and Stock Dilemmas: CTO Schwartz’s Perspective Amid XRP Lawsuit appeared first on Coinpedia Fintech News Ripple has challenged the SEC’s penalties in the XRP lawsuit. They have argued that they complied with the law and the SEC’s demands are excessive. Legal experts offer differing timelines for a resolution, with some expecting […]