Bloomberg senior litigation analyst, Elliott Stein, has indicated he sees minimal likelihood of failure for cryptocurrency exchange Coinbase in its ongoing lawsuit against United States Securities and Exchange Commission (SEC). Stein forecasts a 70% chance of the exchange securing a full dismissal in the lawsuit. In a recent post on Jan. 19 on X (formerly Twitter), Stein…
Blockchain technology is facing a growing centralization trend, which could compromise its core principles. This layer-1 blockchain aims to set a new standard backed by the decentralized ethos. As the centralization trend in blockchain technology continues to grow, the community needs new platforms loyal to the principles of decentralization. Callisto Network’s layer-1 blockchain offers a…
Crypto Twitter has been immersed in the speculation and anticipation of the eventual approval of the spot Bitcoin exchange-traded funds (ETFs) in the United States. After some turbulence caused by an alleged fake tweet from the U.S. Securities and Exchange Commission, all 10 spot Bitcoin ETFs were approved. The ETF hangover is over, and attention can now shift to…
Inscriptions, a form of digital collectible created by writing data into the calldata or witness fields of a blockchain transaction, have caused degraded performance or even crashes on several blockchain networks, including Arbitrum, zkSync, Avalanche and others. But Branden Farmer, co-founder of Polygon, claims that parallelized Ethereum Virtual Machines (EVMs) may solve the problem once…
The Bitcoin spot ETF is the first investment product that will allow investors to get direct exposure to Bitcoin’s price through traditional and regulated investment products. It’s the first investment product linked to Bitcoin that the baby boomer generation is familiar with and can widely feel comfortable investing in. The approval came after a lengthy lawsuit…
Zero-knowledge proof-powered layer-2 blockchain Manta Network experienced a widespread distributed denial-of-service (DDoS) attack amid a successful token listing on multiple exchanges. The incident has since been resolved. As told by Kenny Li, co-founder of P0xeidon Labs, the cryptographic development team behind Manta Network, the blockchain’s nodes experienced over 135 million remote procedure call (RPC) requests on Jan. 18….