Author: Crypto Insider

A United States Securities and Exchange Commission (SEC) brief detailing proposed fines and penalties for blockchain firm Ripple describes a different narrative than the one pushed by the company’s executives. In a March 25 filing in U.S. District Court for the Southern District of New York, attorneys for the SEC proposed Ripple pay $876,308,712 in disgorgement and…

Grayscale is confident that spot Ether (ETH) exchange-traded funds will be approved in May despite recent “chatter” about the U.S. securities regulator’s “lack of engagement” with applicants. “I don’t think perceived lack of engagement from regulators should be indicative of one outcome or another […] I personally am not deterred by it and believe the ETFs should…

The Central Bank of the United Arab Emirates (CBUAE) is preparing to implement the first phase of a central bank digital currency (CBDC) strategy. It is looking at CBDC for both retail and wholesale use. The CBUAE kicked off the new strategy with a signing event on March 23 with R3 and G42 Cloud, part of the…

The rewards for mining Bitcoin are about to be chopped in half for miners in a scheduled event called “the halving.” This anti-inflationary measure is predicted to occur on or about April 17, 2024. Though it won’t be the first such halving event, the crypto world is poised to enter the unknown, as recent all-time…

What is Bitcoin halving, and how is it related to cross-chain interoperability? The Bitcoin protocol reduces the supply of new Bitcoin by 50% via the quadrennial Bitcoin halving. This translates into a 50% reduction in revenue (in BTC terms) for Bitcoin miners and poses indirect implications for cross-chain interoperability.  Bitcoin halving events, occurring approximately every four…

Layer-1 blockchain Tron is considering a Bitcoin layer-2 solution that would support a “wrapped” version of Tether (USDT), potentially allowing billions of dollars of liquidity to flow into the Bitcoin ecosystem. In February, Tron’s founder, Justin Sun, announced a roadmap for Tron’s Bitcoin layer 2 solution in an X post, which would allow stablecoins and tokens to move…