United States Securities and Exchange Commission Commissioner Hester Pierce has advocated for more decentralization in the U.S. financial system, along with a softer approach to crypto regulation and enforcement. Hester Pierce, also known as ‘Crypto Mom,’ closed her fireside chat with CNBC’s MacKenzie Sigalos at the ETHDenver conference on Feb. 29 by stating that decentralization…
Decentralized blockchain platform Aleo has released a statement regarding the recent Know Your Customer (KYC) information exposure. The zero-knowledge (ZK) platform blamed the leak on a copy/paste error in email metadata. Aleo said in a post on social media platform X that the KYC information leak affected about 10 participants from its recent Aleo Learn and Earn…
A crypto and fintech “revolution” could solve the lack of financial inclusion in developing countries — but it first needs to gain the trust of the unbanked, according to a payments firm executive. During a panel session at the Web Summit Qatar on Feb. 27 — Juan Pablo Ortega, a founder and CEO at online…
The total crypto market capitalization has reclaimed the $2 trillion level for the first time since April 2022 as positive market sentiment and consistent inflows into spot Bitcoin exchange-traded funds (ETFs) pushed BTC’s price higher. A rally in Bitcoin’s price brought the world’s largest cryptocurrency by market cap to a multiyear high of $57,513, while Ether enjoyed…
MicroStrategy shares are a “buy” with a price target of $990 as the Bitcoin -buying software firm is primed for major windfalls from institutional demand and April’s halving event, says investment banker Benchmark. In a Feb. 27 research report, Benchmark senior analyst Mark Palmer wrote that MicroStrategy (MSTR) offered investors a “timely play” on the…
Ethereum’s native cryptocurrency, Ether, has gained over 20% against Bitcoin since Feb. 12. This notable surge has occurred primarily due to anticipations surrounding the potential approval of a spot Ether exchange-traded fund (ETF) in the United States by May of this year. However, the widely-tracked ETH/BTC pair has reached a historical inflection point that could boost its correction…