Bitcoin is a must-own as the world’s only truly scarce asset, analysis argues, as U.S. BTC accumulation takes a leg up. Bitcoin will suck in “all prosperity gains” in future and leave behind those who have no exposure as a result, a new prediction says. In a Twitter thread on July 8, investor Luke Broyles delivered a bold…

Exploring the conflict between the SEC and major cryptocurrency corporations and the fight for investor protection in digital currency markets. Bitcoin, Coinbase, Binance and more are all fighting for their lives as the United States Securities and Exchange Commission does everything in its power to eradicate the current cryptocurrency system in the United States and replace it…

Multichain has suspended its operations after an unexplained transfer of crypto assets worth millions of dollars took place on July 6. Stablecoin issuers Circle and Tether have frozen over $65 million in assets tied to the suspected exploit of cross-chain router protocol Multichain. The move follows unexplained large outflows from the Multichain MPC bridge on…

What is The Graph (GRT) cryptocurrency? The Graph is a decentralized indexing system that allows users to query data from blockchain networks, making DApp development easier. The Graph is an open-source protocol hosted on the Ethereum blockchain, designed for indexing and querying, much like Google. It collects, organizes and stores data from other blockchains, making it…

An innovative pilot program aims to enable users to tokenize real estate assets and utilize them as collateral for loans, leveraging Ripple’s CBDC platform. Digital payments and blockchain technology company Ripple Labs has announced an initiative to transform the real estate industry using tokenization. Antony Welfare, central bank digital currency (CBDC) adviser at Ripple, highlighted the…

According to a JPMorgan report, spot Bitcoin ETFs have been available in Canada and Europe without drawing large investor interest. A possible approval of a spot Bitcoin exchange-traded fund (ETF) won’t be a game changer for crypto markets, although it might benefit the leading cryptocurrency, according to a report by JPMorgan managing director Nikolaos Panigirtzoglou….

The institution cited rising exploits against DeFi as a need for more secure CBDCs. On July 7, the Bank for International Settlements (BIS), a financial institution owned by constituent central banks, published a framework for defending central bank digital currencies (CBDCs) against cybersecurity threats. The BIS wrote: “Recent examples of smart contract hacks, which have led to…

The United Arab Emirates’ combined Bitcoin mining capacity is estimated to be around 400 megawatts or 4% of Bitcon’s global hash rate. The United Arab Emirates (UAE) is gradually solidifying its status as a go-to Bitcoin mining destination in the Middle East. The country has established itself as a pro-Web3 destination for crypto-focused companies with over…

A report published by the U.K. Law Commission bolsters Bitcoin core developers’ defense that they are not liable for 111,000 BTC taken by hackers. A recent report released by the United Kingdom’s Law Commission could weaken a central argument brought by Craig Wright in his controversial lawsuit against 12 Bitcoin core developers, argues the Bitcoin Legal Defense Fund…

As an emerging technology, how can zero-knowledge proofs remedy many issues across the crypto space? Zero-knowledge proofs (ZK-proofs) are a key technology explored by many in the crypto industry. A zero-knowledge protocol is a cryptographic method that allows one party to prove to another party that something is true without revealing any information. The technology…