Category: Latest news

[ad_1] At the EthCC conference in Paris, Aave and Lens Protocol founder Stani Kulechov announced the launch of Lens Protocol V2, emphasizing how open standards and portability can empower users in social media. The need for decentralized social media Kulechov began by discussing how he believes centralized social platforms “lock in users” and their data,…

[ad_1] Mantle Network, the modular Ethereum Layer-2 (L2) blockchain, disclosed the launch of its mainnet at the Ethereum Community Conference (EthCC) in Paris. This announcement comes on the heels of a significant merger with BitDAO, the world’s largest DAO by treasury value, creating a unified DAO-led web3 ecosystem known as the Mantle Ecosystem. The merger,…

[ad_1] Crypto exchange Binance has completed the integration of Bitcoin (BTC) Lightning Network (LN) for deposits and withdrawals activities, according to a July 17 statement. LN is a “layer 2” payment protocol built on Bitcoin. The protocol enables faster, cheaper transactions between nodes and aims to solve BTC scalability issues, thereby improving user experience and…

[ad_1] Quick Take The downfall of the FTX exchange in November 2022, led by Sam Bankman-Fried, marked a pivotal point in the landscape of Bitcoin deposits and withdrawals. The incident led to a drop in Bitcoin price below $16,000, the lowest point in that cycle. This collapse deceived many people and led to an all-time…

[ad_1] Quick Take According to Glassnode, investors accumulate and store (or lose) coins for extended periods, categorized based on how long it has been since they last moved on-chain. The chart below displays an overlay of multiple Supply Last Active variants, each shown as a percentage of Circulating Supply. Supply Last Active 1+ Yrs Ago  Supply…

[ad_1] Quick Take Dylan LeClair, an analyst at Bitcoin Magazine, sheds light on the current U.S. debt to GDP scenario. He reveals that the ratio is approximately 119%, a decrease from a brief peak of 134%. This situation results from inflation compounding at a rate of 5.7%. LeClair further suggests a potential solution to reduce…

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[ad_1] The U.S. Securities and Exchange Commission (SEC) has been prioritizing “politics and power” over creating “sound policy,” Ripple CEO Brad Garlinghouse said in a July 15 interview with Bloomberg. Reiterating his criticisms against the regulatory watchdog, Garglinghouse said that instead of providing clear rules for crypto, the SEC has been sowing confusion in the…

[ad_1] On June 5, 2023, the SEC filed an extensive civil complaint against Binance Holdings Limited, its assorted affiliates, and its beneficial owner and CEO, Changpeng Zhao, alleging multiple violations of the Securities Act of 1933 and the Securities Exchange Act of 1934. The SEC and Crypto For years, the SEC has clarified that crypto…

[ad_1] The Ripple case ruling is “ripe for appeal” and likely to be overturned, John Reed Stark, former chief of internet enforcement at the SEC, noted in a LinkedIn post on July 14. The court decision, which Cameron Winklevoss hailed as a watershed moment, “resides on shaky ground,” Stark wrote. Ripple court ruling is ‘troubling…