Herodotus and StarkWare Team Up to Improve Ethereum Blockchain Accessibility

Herodotus, a technology firm, has released an on-chain accumulator that uses storage proof cryptography, allowing users to verify data from any point of Ethereum’s blockchain without the need of a third-party. This solution makes use of StarkWare’s STARK proving, a zero-knowledge proof (ZK-proof) technology co-invented by mathematician Eli Ben-Sasson. StarkWare presented Herodotus with a custom […]

SEC Chair Gary Gensler’s Authority Over Crypto Industry Questioned

The Coinbase vs. United States Securities Exchange Commission (SEC) lawsuit has been backed by the crypto community, digital asset organizations, and lawmakers. A new attorney, Patrick V. Kennedy, has been admitted pro hac vice to represent the Chamber of Digital Commerce as amicus counsel. The Chamber of Digital Commerce is aiming to halt the SEC’s […]

Armstrong’s Farewell to BitBoy Crypto Reveals Personal Struggles

Dave Armstrong, the founder of BitBoy Crypto, has recently announced his farewell to the cryptocurrency community. Armstrong’s statement revealed his personal struggles and his commitment to the cryptocurrency community. Armstrong’s statement was released on September 1, 2023. He expressed his gratitude to the community for their support and understanding. Armstrong also shared his struggles with […]

Bitwise Withdraws Application for Bitcoin and Ethereum ETFs

Bitwise Asset Management has unexpectedly withdrawn its application for the Bitcoin and Ethereum Market Cap Strategy Ethereum Futures Contracts (ETF) filed with the Securities and Exchange Commission (SEC) on Aug. 3. The ETF was intended to invest in either Bitcoin Futures Contracts or Ethereum Futures Contracts, depending on their relative market capitalization. The withdrawal statement […]

Coinbase to Start Trading PayPal’s PYUSD Stablecoin on Aug. 31

Coinbase has announced that it will start trading in PayPal’s newly launched stablecoin, PYUSD, on Aug. 31, provided that liquidity conditions are met. Trading will begin “on or after 9 AM PT” and will be rolled out in phases for the PYUSD-USD pairs, although restrictions may apply in certain jurisdictions. Last week, Coinbase hinted at […]

Terra Luna Classic Community Unites Behind Revolutionary Debit Card Proposal

The Terra Luna Classic community is abuzz with excitement over a revolutionary proposal to introduce a decentralized debit card specifically designed for LUNC, the native cryptocurrency. The debit card aims to skyrocket utility and transactions within the ecosystem, promising a seismic shift in how cryptocurrency is used in everyday life. Proposal 11750, dubbed the “LUNA […]

SEC Delays Bitcoin ETF Approval, Market Value Drops to $26,100

The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on multiple pending Bitcoin ETF applications, including those from major investment firms such as WisdomTree, BlackRock, Fidelity, VanEck, and Invesco Galaxy. Following the announcement, Bitcoin’s market value experienced a 5% decline, tumbling down to $26,100.The delay comes in the wake of Grayscale’s […]

Ripple Expands Services in US and Beyond with New Hire and NFT Launch

Ripple, the tech firm behind XRP, is now on a talent hunt for a Senior Specialist in Global Know Your Customer Due Diligence. This new hire will join Ripple’s Global Anti-Money Laundering & Sanctions Compliance team to perform due diligence and mitigate reputational, regulatory, and sanction risks associated with the company’s institutional clients, corporate partners, […]

Ronaldinho Denies Involvement in Alleged $61 Million Crypto Pyramid Scheme

Retired pro soccer star Ronaldinho Gaúcho testified at a congressional hearing in Brazil on Aug. 31, denying his involvement in an alleged $61 million crypto pyramid scheme that bore his name. Ronaldinho claimed he was never partnered with the company and it used his name and image without his authorization, arguing he was also a […]

Ethereum Liquid Staking Providers Self-Limit to Ensure Network Decentralization

At least five Ethereum liquid staking providers have either imposed or are working to impose a self-limit rule in which they promise not to own more than 22% of the Ethereum staking market. This proposal aims to address concerns of Ethereum staking becoming increasingly centralized. The self-limit was proposed at 22% because 66% of validators […]