Scroll Announces Cost-Cutting Measures Following Major dApp Migration
The decentralized autonomous organization (DAO) that oversees Ethereum’s layer-2 network Scroll has announced a proposal to disband its Security Council, transferring control of the network to an internal team-managed account.…
JPMorgan CFO Cautions Stablecoins Could Become ‘Regulatory Arbitrage’ Tool
Jeremy Barnum, the Chief Financial Officer of JPMorgan Chase, has cautioned that stablecoins could turn into a form of regulatory arbitrage if new regulations do not align them with traditional…
Global Trade Disruption Intensifies Amid Iran Conflict, Influencing Bitcoin Dynamics
The Iran conflict’s impact on global trade is becoming more profound as disruptions extend beyond crude oil to sectors like shipping, gas, fertilizer, aviation, petrochemicals, and trade finance. These areas…
Ethereum Surges by 5.4% as CoinDesk 20 Reports Gains
Providing its regular market update, CoinDesk Indices highlights the performance shifts within the CoinDesk 20 Index, identifying both top performers and underperformers. On Tuesday at 4 p.m. ET, the index…
XRP Ledger Enhances Privacy with Zero-Knowledge Proofs for Institutions
The XRP Ledger has implemented native zero-knowledge (ZK) proof verification by partnering with Boundless, a ZK proving network, marking what the company asserts as an unprecedented integration of this nature…
SkyMapper and Avalanche Forge New Frontier: Securing Telescope Data with Blockchain
Avalanche is expanding its horizons beyond the financial sector by launching a network that validates telescope data instantly. SkyMapper has developed an Avalanche-based system to cryptographically store observations from telescopes…
Bitcoin Nears $75,000: Analysts Predict Potential Breakout Could Spark Major Rally
As Bitcoin edges closer to the $75,000 mark, analysts are increasingly focused on this level as a potential turning point in its current rangebound market structure. Mati Greenspan, founder of…
Tether Launches Crypto Wallet to Facilitate Direct Stablecoin and Bitcoin Transactions
On Tuesday, Tether, the issuer behind the widely-used stablecoin USDTUSDT$1.0001, unveiled a self-custodial crypto wallet designed to bring its stablecoin network directly to users, simplifying crypto payments to be as…
Kraken Faces Extortion Threats After Internal Data Accessed by Support Staff
Kraken is currently dealing with extortion threats posed by criminals who are demanding payment to avoid releasing the crypto exchange’s internal data. According to a security update from Chief Security…
Visa Partners with Stripe’s Tempo Blockchain as Anchor Validator
On Tuesday, Visa (V) announced its entry into managing blockchain infrastructure by becoming an “anchor validator” node on the Stripe-supported Tempo blockchain. This move marks Visa’s first venture into this…