The news comes less than a month after Binance announced their plans to integrate Bit Lightning Network. Cryptocurrency exchange Binance has completed the integration of the Bitcoin Lightning Network on its platform for BTC withdrawals and deposits. The development was confirmed by Binance in a July 17 blog post, where they noted that Binance users can now use the…

The SEC’s acknowledgment indicates the commencement of the official review process for BlackRock’s ETF proposal. The United States Securities and Exchange Commission (SEC) has accepted BlackRock’s application for a spot Bitcoin exchange-traded fund (ETF) following its acknowledgment of a similar application by Bitwise the day before. The SEC’s acknowledgment indicates the commencement of the official review process for…

Fantom’s TVL dropped from over $364 million in early May to about $70 million on July 14. At its peak in 2022, Fantom’s TVL topped $7.5 billion. Fantom’s co-founder Andre Cronje classified Multichain’s debacle as a “big blow” to the smart contract platform, which saw a sharp decline in activity in the past weeks as a result…

US-based crypto startups attracted 45% of all VC funding invested in the industry, followed by the United Kingdom claiming 7.7% of capital investment and Singapore with 5.7%. Amid crypto firms facing regulatory scrutiny in the United States, it hasn’t stopped innovation, as almost half of all capital investments flocked to U.S. crypto businesses, according to…

The study also showed that decentralized organizations work best when they’re built around a tight-knit group of focused participants. A pair of researchers from the University of Texas at Austin and Princeton University conducted a study to determine how tokenization affects decentralization in decentralized autonomous organizations (DAOs). Their findings indicate that many of the challenges to autonomy…

Larry Fink states that global investors are increasingly eager to add crypto assets to their portfolios. BlackRock CEO Larry Fink has delivered fresh remarks supporting cryptocurrencies’ role in democratizing investing worldwide, pointing to growing interest among the companys clients in digital assets. “More and more of our global investors are asking us about crypto,” Fink said during…

The Securities and Exchange Commission should recognize it’s time to settle its cases against Coinbase and Ripple Labs. In every major litigation, there comes a moment when you realize it’s time to settle. A ruling doesn’t go your way, a juror gives your legal team the side eye, the judge makes it clear it’s time…

Bitcoin market dominance briefly dipped below 50% as altcoins deemed securities by the SEC notched double-digit gains. Bitcoin dominance has taken a tumble in the wake of Ripple’s partial victory against the United States Securities and Exchange Commission, with a surge in altcoin prices briefly causing BTC dominance to fall under the 50% mark. Bitcoin dominance…

Jeremy Allaire claimed the U.S. dollar is “under threat” and urged lawmakers to pass stablecoin regulation to “build trust” in a digital dollar. The United States dollar’s place as a global reserve currency will be under threat if Congress isn’t quick to regulate stablecoins, warns the CEO of Circle. On July 13, Jeremy Allaire appeared…

XRP’s market capitalization surged by more than $21 billion in just three hours. Ripple has now become the fourth largest cryptocurrency by market capitalization after Ripple Labs’ partial victory over the Securities and Exchange Commission (SEC) on July 13. Mere hours after the ruling, XRP market cap surged a whopping $21.2 billion to reach a new yearly…