A Further Crackdown On Bitcoin Mixing Services Will Hurt Human Rights Activists

Yesterday, the US Department of Justice (DOJ) charged Keonne Rodriguez and William Lonergan Hill, co-founders of Samourai Wallet, a privacy-focused bitcoin wallet that also serves as a mixer, with money laundering and operating an unlicensed money transmitting business. Many, including activists and human rights defenders, spoke out about the significance of this legal action soon […]

Renowned Economist Reveals What Will Happen If Bitcoin Can’t Hold $60,000

Chief economist and Bitcoin critic, Peter Schiff has issued a somber prediction regarding the world’s largest cryptocurrency, Bitcoin. The financial expert has cautioned investors of the potential repercussions should BTC drop below critical resistance levels. Economist Predicts Bitcoin Price Decline In a recent X (formerly Twitter) post, Schiff shared a price chart of Bitcoin against […]

TOKEN2049 Dubai Hailed as an Outstanding Success, with 10,000 Attendees

Packed TOKEN2049 Dubai conference proves the resilience of the global crypto community, with attendees overcoming travel disruptions to participate Going from strength to strength, TOKEN2049 Singapore will return in September 2024 as the industry’s largest international gathering of the year, with 20,000 attendees Photo caption: ‘Pavel Durov, CEO of Telegram, onstage at TOKEN2049 Dubai’ Dubai, […]

House committee ranking member says a stablecoin bill could be coming soon

House Financial Services Committee Ranking Member Maxine Waters said a stablecoin bill “in the short run” was coming amid negotiations with Republican lawmakers and the Senate. Representative Maxine Waters, ranking member of the United States House Financial Services Committee, has suggested that lawmakers are making progress on passing stablecoin legislation. In an April 24 interview […]

SEC reviews new rules for Bitcoin options trading

The Securities and Exchange Commission is evaluating whether exchanges’ current surveillance and enforcement mechanisms can handle Bitcoin exchange-traded products (ETPs). The United States Securities and Exchange Commission (SEC) has launched another round of consultations on a proposed rule change for trading options on Bitcoin exchange-traded products (ETPs). According to an April 24 filing, the securities regulator […]

Polygon leads in EVM efficiency as DeFi users favor low transaction costs

Layer-1 blockchains are foundational networks supporting various applications directly on their protocol, while Layer-2 blockchains operate atop these foundational layers, enhancing scalability and efficiency. Comparing the usage and efficiency of EVM-compatible L1 and L2 blockchains and side chains helps us better understand the market values and where most of the DeFi activity comes from. Dune […]