Trustless bridges enable cross-chain transfers without needing a centralized custodian, potentially making it a safer option for interoperability. Blockchain bridges allow decentralized finance (DeFi) users to use the same tokens across multiple blockchains. For example, a trader can use USD Coin on the Ethereum or Solana blockchains to interact with the decentralized applications (DApps) on those…

Explore the economics of cryptocurrency mining and the challenges and opportunities that exist in this rapidly evolving industry. Mining refers to the process of verifying and adding new transactions to a blockchain network, such as in the case of Bitcoin or other cryptocurrencies. The economics of mining refers to the economic incentives and costs associated with…

Bitcoin monthly RSI provides a window of hope as BTC bulls battle multiple long-term resistance trend lines at once in February. Bitcoin is leaving traders guessing as the future of the bull market depends on the last week of February. In multiple tweets on Feb. 17, popular trader and analyst Rekt Capital flagged crucial resistance battles…

Discover the top 11 greatest investors of all time who have achieved unparalleled success in the financial world. Learning from the greatest investors of all time can provide valuable insights into successful investment strategies and philosophies. Their success stories and experiences can inspire and guide new investors. Studying their methods can help individuals develop their…

Russia’s central bank is preparing to launch the first consumer pilot for the digital ruble in collaboration with 13 local banks. The Bank of Russia is preparing to roll out the first consumer pilot for the nation’s central bank digital currency (CBDC) on April 1, 2023. Russia’s central bank is set to soon debut the…

The buggy function was intended to allow users to provide their own routing information, but the code did not limit routers to a preapproved list. The multichain exchange aggregator Dexible has been hit by an exploit, and $2 million worth of cryptocurrency has been lost as a result, according to a Feb. 17 post-mortem report…

Nearly 10,000 tokens launched on BNB and Ethereum last year are suspected to have been created just to dump on investors, according to Chainalysis. Cryptocurrency investors funneled as much as $4.6 billion into crypto tokens suspected to be part of “pump and dump” schemes in 2022. A Feb. 16 report from blockchain analytics firm Chainalysis “analyzed all…

The regulator receives thousands of consumer and investor complaints about possible crypto scams each year, and it appears it’s done something with the information. The California Department of Financial Protection and Innovation has launched a new crypto scam tracker to help traders and investors spot possible industry threats. zDFPI launched the tracker on Feb. 16. It’s based…

The new proposals set forth by the Gensler-led Securities and Exchange Commission seek to “expand the scope” of rules set out by the 2009 Custody Rules. A five-member panel of the United States Securities Exchange Commission (SEC) has voted 4-1 in favor of a proposal that may make it more difficult for cryptocurrency firms to serve…

With exchanges losing banking partners, experts are beginnig to warn of a widening relationship between crypto firms and traditional banks. Binance, the world’s leading crypto exchange by trading volume, will temporarily suspend bank transfers in U.S. dollars. The exchange stated in a tweet on Feb. 6 that no other trading methods would be affected. The announcement…