SEC Pressure on USDC & BUSD: Stablecoins Struggle Amid Regulatory Concerns

• The US Securities and Exchange Commission (SEC) recently issued a Wells notice to the BUSD issuer Paxos. • Following the news, both USDC and BUSD have experienced diverse movements. • On Feb. 24, Circle CEO Jeremy Allaire said that banking regulators could be better suited for regulating stablecoins than the SEC. SEC Pressure on Read More

Die Design-Prinzipien von DAO

Decentralized Autonomous Organizations (DAO) sind eines der am stärksten diskutierten Konzepte der Blockchain-Branche. Ein DAO ist eine virtuelle Organisation, die auf der Blockchain-Technologie basiert und dezentralisiert ist, mit der Absicht, Transaktionen durchzuführen und ein bestimmtes Ziel zu erreichen. DAO werden auch als selbstorganisierte Gemeinschaften bezeichnet, da sie autonom und dezentralisiert sind. Sie sind auf einem Read More

Bitcoin Surges Above $25K: Miner Reserve Balances Flatten Out

• Bitcoin miner reserve balances have remained stable in February, with miners still making a profit due to the appearance of Ordinals. • BTC has surpassed the $24,000 mark and is attempting to cross the $25,000 resistance zone. • The increase in block size is attributed to Ordinals increasing miner profitability and contributing to transaction Read More

Andrew Tate Loses $565K in Crypto Seizure by Romanian Authorities

• Andrew Tate, an infamous British-American social media influencer and five-time world kickboxing champion, was arrested in Bucharest, Romania in December 2022. • Romanian police seized luxury cars, homes and watches from Tate and his associates, as well as hardware wallets containing digital assets worth over a hundred thousand dollars. • Tate has praised cryptocurrencies Read More

North Korean Hackers Steal Record $1 Billion in Crypto in 2022

• According to the UN’s confidential report, North Korean hackers stole digital assets valued between $630 million and $1 billion in 2022. • The majority of the cyber attacks were planned by organizations under the authority of North Korea’s Reconnaissance General Bureau (RGB). • Last week, research by blockchain analytics company Chainalysis determined that North Read More

Ethereum Booms 40.43% YTD as Institutional Interest Grows

• Ethereum (ETH) has started off the new year on a buoyant note, up 40.43% YTD as of Jan. 30. • The crypto community is looking ahead to the Federal Reserve’s decision on interest rate hikes and expects a moderation in the hikes. • Ethereum has become the go-to platform for developers, entrepreneurs, and investors Read More