Coinbase intends to initiate legal action against the SEC, accusing the regulatory body of shirking its responsibilities, according to the exchange’s chief legal officer, Paul Grewal. The move follows the SEC’s rejection of Coinbase’s petition for establishing specific regulatory rules for cryptocurrency transactions, a request that Coinbase had been pushing for since July 2022. Abdication […]
BlackRock previews AI co-pilot; attends high-level SEC meeting on spot Bitcoin ETF
This week, BlackRock, the world’s largest asset manager, made significant strides in its artificial intelligence and Bitcoin ETF efforts as it heads into the year’s end. Pensions & Investments reported on Dec. 14 that BlackRock has launched an AI tool or “copilot” in a private preview aimed at BlackRock’s eFront users. The eFront copilot, described […]
Ledger vulnerability put entire DApp ecosystem at risk: Finance Redefined
The Ledger connector vulnerability put the entire DeFi ecosystem at risk, with market experts asking users to remain cautious of using DApps even after Ledger released a patch. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past […]
JPMorgan Analysts Predict Ether Will Outperform Bitcoin Next Year; Halving Priced In
JPMorgan analysts predict ether, the main asset of the smart contracts enabled Ethereum blockchain, will likely outperform bitcoin next year. A note released this week explains that Proto-Danksharding, an update coming to Ethereum next year to address the network’s operative capacity, will influence the token’s performance. JPMorgan Predicts Ether Will Outperform Other Cryptocurrencies in 2024 […]
KuCoin Cryptocurrency Exchange to Close Operations in New York
E-Crypto News’ update provides the latest articles on technology and cryptocurrencies. KuCoin, the premier cryptocurrency firm, has agreed to cease operations for users in New York. Also, KuCoin has committed to pay a hefty $22 million fee to settle a lawsuit initiated by the state. This decision aligns with New York’s ongoing efforts to impose […]
Bitget Forecasts BTC to Reach $100,000 and ORDI’s Ascent in Next Bull Market
In a newly published prediction report, Bitget, a leading derivatives crypto exchange, forecasts a vibrant future for the Bitcoin ecosystem, with BTC potentially soaring to $100,000 and the ORDI BRC20 token climbing the ranks in the next bull market. Bitget researchers say this expansion is set to revolutionize the crypto world, offering unprecedented growth opportunities. […]
Arbitrum suffers 2-hour partial outage after ‘significant’ surge in traffic
Ethereum layer 2 scaling solution Arbitrum faced a significant disruption on Dec.15, 2023, due to a massive surge in network traffic, causing a partial outage that lasted approximately two hours. Partial outage This incident was primarily caused by a significant surge in network traffic, which led to the Arbitrum One Sequencer and Feed stalling. The Sequencer […]
Top 3 of the most promising staking programs in 2024
As we step into the promising realms of 2024, the landscape of cryptocurrency and decentralized finance continues to evolve, offering lucrative opportunities for investors and enthusiasts alike. Among the myriad avenues to capitalize on, staking stands out as a compelling strategy for generating passive income. This time, we are set to explore the top three […]
CrossFi Foundation Launches Ambassador Grant Program
CrossFi Foundation launches a program for ambassadors on December 14 with a goal to promote financial inclusivity together with the community. The event is part of a 50$ million Grant Program aimed at promoting blockchain technology, bridging it with traditional finance, and fairly distributing funds among the most active creators, developers, and other community members. […]
Best Cryptocurrencies to Battle an Economic Crisis
Ethereum (ETH), Solana (SOL), Aptos (APT), Ripple (XRP), Cardano (ADA) and ScapesMania stand at the forefront of the approaching altcoin season, spearheading the entire crypto market against economic challenges with resilience. Specifically, Ethereum (ETH) is poised for substantial growth stemming from an impending upgrade to EIP-4844 – the development expected to not only bolster its […]