Crypto companies paid $19B in settlements to US regulators in 2024
13 Oct 2024
149 Views

United States regulators have received over $19 billion in lawsuit settlements from crypto companies in 2024 so far, representing almost two-thirds of all settlements to date. Data in an Oct. 9 report from CoinGecko shows bankrupt crypto exchange FTX and affiliated trading firm Alameda are responsible for most of the funds, with $12.7 billion paid to the Commodity and Futures Trading…

What are tokenized commodities?
13 Oct 2024
143 Views

Tokenized commodities, explained Tokenized commodities represent fractional ownership of real-world assets using digital tokens on a blockchain while preserving their tangible value. Tokenized commodities are digital versions of real-world items like gold, oil or crops recorded on a blockchain. Each token represents a part or whole of a commodity, making it easier to divide and trade….

Scroll lists on Binance, sparking debate over centralization concerns
13 Oct 2024
176 Views

Scroll, an Ethereum layer-2 project, was recently listed on the centralized cryptocurrency exchange Binance, sparking debate in the crypto community about centralization. The listing, announced on Oct. 11, was praised for its potential to boost growth but criticized for its perceived alignment with centralized entities. Concerns were raised about whether the project was compromising on…