Kenya drafts legislation to regulate cryptocurrencies

    Kenya is preparing legislation to regulate cryptocurrencies, marking a shift from the cautious warnings previously issued by the Central Bank of Kenya (CBK). On Jan. 10, Treasury Cabinet Secretary John Mbadi reportedly said the government is “committed to creating the necessary legal and regulatory framework” for cryptocurrencies. The announcement comes as Kenya drafts a new proposal titled “National Policy…

    How validator compromises threaten DeFi security

    The role of validators in a blockchain Validators are entities responsible for securing the network, processing transactions and maintaining the integrity of a PoS blockchain. In proof-of-stake (PoS) blockchains such as Ethereum and Solana, validators are the core entities responsible for ensuring the network operates smoothly. These nodes process transactions, secure the blockchain and add new blocks….

    Arbitrum DAO gains unanimous support for BoLD protocol upgrade

    Arbitrum, Ethereum’s largest layer-2 scaling solution, is seeking to improve its ecosystem with a new dispute resolution system called the Bounded Optimistic Liveness Dispute (BoLD) protocol. The system aims to make the network resistant to delays in transaction processing. The proposal, which was published on Jan. 6, is now open for a final vote through the Arbitrum…

    US Bitcoin reserve would have ‘profound’ impact on adoption: CoinShares

    Establishing a strategic Bitcoin reserve in the United States would accelerate Bitcoin’s adoption even more than 2024’s exchange-traded fund (ETF) launches, cryptocurrency researcher CoinShares said in a Jan. 10 blog post. In 2024, US lawmakers proposed the Bitcoin Act, which would direct the US Treasury Department to create a “strategic Bitcoin reserve” by purchasing 1…

    Web3 entrepreneurs are buying cars, homes and real-world investments without selling — Here’s how

    Swiping your phone to pay for a latte with Bitcoin might make you feel like a futuristic barista whisperer, but try closing on a luxury condo with that same wallet, and you’ll immediately see the cracks. While crypto’s buying you plenty of cappuccinos, snagging a six-bedroom villa or a brand-new sports car isn’t exactly a…

    BNB Chain’s three-step blueprint to support the next wave of Web3 innovators

    BNB Chain supports a diverse range of Web3 projects of all stages with its three-phased strategy for development. A thriving blockchain ecosystem is built on more than just a robust technological infrastructure; it requires a vision for sustainability and value. Blockchain space is filled with short-lived projects that survive only through the hype and go…

    Mantra and Damac sign $1B deal to tokenize Middle Eastern assets

    Mantra, a blockchain built for tokenized real-world assets (RWAs), signed a $1 billion agreement with Damac Group, an investment conglomerate, to enable token-based finance in the Middle East. Damac, whose portfolio spans sectors such as real estate development, data centers and hospitality, will use Mantra to tokenize its extensive asset portfolio. According to a news…

    How Hyperliquid’s insanely lucrative airdrop launch changed the game

    Hyperliquid has been lauded for delivering the best and most lucrative airdrop launch in crypto history back in November, by excluding VCs and rigorously encouraging community involvement. Still, experts caution that other projects trying to copy the decentralized exchange’s (DEX’s) launch strategy are unlikely to realize the same success. Jae Sik Choi, an analyst at…

    What are quantum-resistant tokens and why do they matter for crypto?

    Quantum-resistant tokens explained Quantum-resistant tokens use advanced cryptographic methods to protect against the powerful capabilities of quantum computers. Quantum-resistant tokens are a new generation of cryptocurrencies built to address vulnerabilities posed by quantum computing. Traditional cryptocurrencies, such as Bitcoin and Ether, rely on elliptic curve cryptography (ECC), which is secure against classical computers but vulnerable to…

    US Fed money printing could spur Bitcoin rally in Q1 2025 — Hayes

    Bitcoin could benefit from more than $612 billion in new liquidity during the first quarter of 2025, potentially mitigating investor concerns over delayed crypto regulations in the United States. Bitcoin fell nearly 6% in the 24 hours leading up to 8:00 am UTC on Jan. 8, falling below the $100,000 mark, which has served as…