‘Defanging the SEC’ may turbocharge US economy: Cathie Wood
    12 Nov 2024
    88 Views

    ARK Invest founder and CEO Cathie Wood expects that a “changing of the guard” at the United States Securities and Exchange Commission may turbocharge the economy and bring about an influx of innovation and investment in emerging technologies. “Deregulation, defanging the SEC, FTC, and others, government spending cuts, tax cuts, and a focus on technologically…

    Dubai-based Web3 Unleashed hackathon announces finalists, reveals prize pool
    12 Nov 2024
    89 Views

    Organized by the DMCC Crypto Centre and Bybit, the second iteration of the Web3 Unleashed hackathon will see 15 promising Web3 projects competing for a prize pool of $160,000. Dubai has established itself as a global hotspot for Web3 and blockchain ecosystems. From its crypto-friendly regulations to dynamic events, the United Arab Emirates metropolis has…

    Decentralized market making to play a key role in the future of DeFi
    12 Nov 2024
    113 Views

    The cryptocurrency market has transformed the financial landscape by introducing decentralized finance (DeFi) and innovative economic models. As a digital ecosystem where traditional intermediaries are bypassed, DeFi promises transparency, security and inclusivity. But here’s the catch: not all areas of the cryptocurrency market have fully embraced decentralization. Some corners of the crypto landscape, like market making, are…

    Charles Hoskinson shares new plans to ‘help foster’ US crypto policies
    11 Nov 2024
    91 Views

    Cardano founder Charles Hoskinson has revealed he is setting up a policy office within his company, Input Output, to support cryptocurrency policy development in the United States. “I’m going to be spending quite a bit of time working with lawmakers in Washington DC and quite a bit of time members of the administration to help…

    Ethereum hits $3.2K, surpassing Bank of America market cap
    11 Nov 2024
    76 Views

    Ethereum, the second-largest cryptocurrency by market capitalization, hit $3,200 on Nov. 10 — its highest since August — as Bitcoin surpassed $79,000 following Donald Trump’s victory in the United States presidential election. According to CoinMarketCap, the market cap of Ether now stands at around $383 billion, up almost 5% in 24 hours, putting it roughly…

    a16z sees ‘greater flexibility to experiment’ with crypto under Trump
    11 Nov 2024
    91 Views

    The crypto arm of venture capital firm Andreessen Horowitz (a16z) said that there will be  “greater flexibility to experiment” as the regulatory landscape for crypto improves in the United States. “While we’ll likely have greater flexibility to experiment, we can’t forget that the fundamental regulatory principles applicable to blockchain systems remain unchanged,” it stated before…