In a historic decision, the U.S. Securities and Exchange Commission (SEC) has approved the launch of spot Bitcoin Exchange-Traded Funds (ETFs). This marks a significant milestone in the integration of cryptocurrencies into mainstream finance. The decision follows years of anticipation and numerous rejections of previous proposals due to concerns over market manipulation and investor protection.The […]
The emergence of Bitcoin Ordinals in 2023 as nonfungible tokens (NFTs) on the Bitcoin blockchain has sparked a significant debate, causing a rift in the previously united Bitcoin community. This division has raised concerns, especially as major Wall Street firms are preparing to issue Bitcoin ETFs. To avoid further fragmentation, supporters of Bitcoin Ordinals are […]
The U.S. Commodity Futures Trading Commission (CFTC) has raised concerns about the decentralized finance (DeFi) sector, citing ‘serious risks’ due to a lack of accountability. The regulatory body’s report highlights the potential threats that the absence of transparency and accountability in DeFi protocols could pose to consumer and investor protection, financial stability, and market integrity.DeFi, […]
Solana (SOL), a blockchain platform, has reported significant advancements in its developer ecosystem, demonstrating substantial growth and improved retention rates. The Solana Foundation’s recent report reveals that the platform’s developer community has made notable progress in tooling, developer experience, content quality, and programming language diversity throughout 2023.The Solana Foundation, which fosters the growth of the […]
BitPay, a leading crypto payment service provider, has expanded its support to include a wide range of cryptocurrencies. The newly added tokens include Uniswap, Chainlink, BNB, Cronos, and Basic Attention Token, among others. This move signifies a significant expansion in the company’s services.Stephen Pair, CEO of BitPay, stated that these updates and the newly supported […]
David Thomas, a seasoned electronic engineer and journalist at BeInCrypto, uses his technical background and university-honed skills to make the complex cryptocurrency market accessible and engaging for all readers.Solana’s 2023 developer report revealed a significant increase in active developers, with 2,500-3,000 monthly active developers and over 50% retention. This rise in developer activity aligns with […]
Binance Futures, the derivatives arm of the renowned crypto exchange Binance, is launching a significant campaign following the recent introduction of USDC-margined perpetual trading pairs. The futures platform, which introduced BTC, ETH, BNB, SOL, and XRP earlier this month, is set to give away up to $170,000 in USDC as part of an early-year promotional […]
Dogecoin, originally a meme cryptocurrency, has embarked on a literal journey to the moon. The Dogecoin Foundation recently announced a project involving a tangible replica of the DOGE cryptocurrency, which is set to travel aboard the Vulcan Centaur rocket. This project, which includes the Astrobotic Peregrine lunar lander, is part of NASA’s Artemis program and […]
Chainlink (LINK) has been in the spotlight recently due to its strategic new partnerships, which have triggered a significant buying spree among crypto whales. This activity underscores the growing confidence in Chainlink’s long-term potential and its expanding ecosystem.SingularityDAO, a decentralized platform known for AI-enhanced crypto asset management, has teamed up with Chainlink Labs to support […]
Blockchain security firm CertiK’s account on X was compromised due to an employee’s interaction with a scammer. This incident occurred just two days after CertiK published a report warning the DeFi sector about the need to decrease the correlation between the money deposited into it and the total amount lost in hacks and scams. The […]
