Changpeng “CZ” Zhao, expected to return to court on April 30 to face a judge for sentencing over his guilty plea of one felony count, has hinted at a project with “no new tokens.” In a March 18 X post, Zhao announced an education-focused project purportedly related to cryptocurrency or blockchain technology. The former Binance CEO said…
Seychelles-based cryptocurrency and digital assets exchange OKX has reportedly stopped support for Tether trading pairs in the European economic area, according to images shared on the X social media platform. A message shared by X user MartyParty showed a screenshot of a customer support message that appears to confirm that USDT trading pairs are no longer supported…
A major decrease in market liquidity that persisted after the shutdown of FTX and Alameda Research in November 2022 has now recovered to pre-collapse levels, according to crypto research firm Kaiko. In a March 18 research bulletin, Kaiko data shows that the liquidity gap, dubbed the “Alameda Gap,” recovered to pre-FTX levels last week due in part…
The crypto community has started to warn of “peak degeneracy,” with memecoin founders raking in millions worth of Solana through token presales in the last 72 hours alone. As of the time of publication, crypto traders have sent around $100 million worth of Solana in an attempt to buy into new Solana memecoins in the last…
Krishna Okhandiar, the founder of Remilia and Milady, who is also known as Charlotte Fang, is reportedly claiming to have been hacked following the transfer of significant amounts of Ether and nonfungible tokens (NFTs) to a wallet engaged in asset liquidation. The incident was initially highlighted by Dumpster DAO on X, who shared a screenshot of Okhandiar saying,…
Daily transactions on the Coinbase Ethereum layer-2 network Base skyrocketed to a record 2 million on March 16, just a few days after the Dencun upgrade. Before the upgrade, Base was processing around 440,000 transactions per day. The day after, this climbed to 1.1 million and continued to rise in the days following, hitting 2,064,920 on…
What do trademarks and brand protection mean? Trademarks and brand protection refer to legal measures taken to safeguard a company’s distinctive symbols, logos and brand identity from unauthorized use by others. Trademarks are unique names, symbols or emblems used to identify a firm or brand and set it apart from competitors’ offerings. They are essential…
The Vanguard Group CEO, Tim Buckley, has maintained his strong opposition to Bitcoin exchange-traded funds (ETF) despite facing criticism from customers and ongoing inquiries about the firm’s plans to offer them. In a recent video published by Vanguard, Buckley cautioned against including Bitcoin ETFs in retirement investment plans due to the asset’s volatile nature. “We don’t believe…
Ethereum Cancun-Deneb (Dencun) upgrade, explained Dencun, an amalgamation of two separate upgrades — Deneb and Cancun — tackles both Ethereum’s consensus and execution layers in a single upgrade. Technically a hard fork in blockchain terminology, the upgrade rolled out at Ethereum epoch 269,568 at 1:55 pm UTC and finalized at 2:10 pm. The upgrade is set…
The Dubai International Financial Centre (DIFC), a special economic zone with over 5,000 residents, has announced the passage of a new digital assets law and security law and amendments to existing law. The center has its own legal system based on English law. The legislative developments seek to “keep pace with the rapid developments in…