The US dollar index jumped to the highest level in five months. The rally happened as the US economic growth continued. Cryptocurrencies like Litecoin have an inverse relationship with the USD. Litecoin price remained under […]
On Aug. 29, crypto asset manager Grayscale Investments scored a major victory against the United States Securities and Exchange Commission in its efforts to convert its over-the-counter Grayscale Bitcoin Trust (GBTC) into a listed Bitcoin […]
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Harvard legal scholar and Yeshiva University law professor Christine Kim recently published a research paper detailing arguments for not only taxing the metaverse but treating it as “a laboratory for experimenting with cutting-edge policy.” In […]
Crypto betting platform Stake has reopened deposits and withdrawals and resumed services for users only five hours after the platform was hacked to the tune of $41.3 million, blockchain security firms estimate. Stake confirmed that […]
While lacking in performance, micro Bitcoin mining devices should be seen as a stand against the Bitcoin ecosystem’s purportedly biggest flaw, its inventors argue. Micro Bitcoin mining devices — often open-source and pocket-sized — have […]
Japanese electronics giant Casio is expanding its sporty G-Shock watch brand into the metaverse with the launch of Virtual G-Shock, a blockchain-based “community co-creation” program in partnership with Polygon Labs. The first step on the […]
Solana (SOL) investment products clocked $26 million worth of inflows since the start of 2023, outpacing all other altcoins including Ether (ETH), suggesting it’s the “most loved altcoin amongst investors” according to CoinShares. In a […]
Buterin sells remaining MakerDAO tokens Ethereum co-founder Vitalik Buterin has sold his remaining stack of 500 MakerDAO tokens (MKR), a day after MakerDAO proposed a potential move away from Ethereum to competitor blockchain Solana. On-chain […]
The European Central Bank (ECB) is quite happy with the European Commission’s legislative proposals for the digital euro. ECB executive board member Fabio Panetta told the European Parliament’s Committee on Economic and Monetary Affairs in […]