To combine Bitcoin’s robust security with the flexibility of the EVM, Syscoin uses advanced rollup technology while addressing issues overlooked by most layer-2 models. Despite innovative layer-2 protocols, scalability and smart contract functionality remain headaches for Web3 developers due to Bitcoin’s fundamental limitations. Even the Bitcoin Taproot update, which opens doors to smart contracts — self-executing…
Driven by institutional adoption, stable infrastructure and familiar financial mechanisms, digital assets are shifting from speculative ventures into trusted components of conservative portfolios, marking crypto’s maturation and broader mainstream financial integration. Cryptocurrencies were born as rebels, but they’re maturing into something far more familiar: a respectable addition to conservative investment portfolios. When Bitcoin debuted during…
US Securities and Exchange Commission (SEC) Chair Paul Atkins appeared before lawmakers in one of his first hearings since taking the reins at the financial regulator, addressing questions about his plans for the cryptocurrency industry. In a May 20 hearing discussing oversight of the SEC, Atkins reiterated his pledge to make regulating digital assets a “key priority”…
Ethereum co-founder Vitalik Buterin unveiled a proposal to preserve trustless, censorship-resistant access to Ethereum, even as the network scales. On May 19, Buterin shared a post outlining how to make Ethereum’s layer-1 scaling “more friendly” to users running local nodes for personal use. The Ethereum co-founder highlighted the importance of independent users running nodes, saying that a…
Ripple, the creator of cryptocurrency XRP, launched cross-border blockchain payments in the United Arab Emirates (UAE), a development that could spur the adoption of cryptocurrency in a country receptive to digital assets. Zand Bank, the UAE’s first all-digital bank, and Mamo, a fintech company that offers a digital payment platform for businesses, will be the…
Dubai’s crypto regulator has given licensed digital asset companies until June 19 to comply with its updated activity-based Rulebooks to enhance market integrity and risk oversight. On May 19, Dubai’s Virtual Assets Regulatory Authority (VARA) announced that it had released Version 2.0 of the Rulebooks. The regulator said it had strengthened controls around margin trading and token…