Dubai’s regulator VARA shows how authorities, market can work in tandem — vice chair

    The Virtual Assets Regulatory Authority (VARA) is one of the earliest regulatory bodies to release comprehensive crypto assets regulations to promote crypto-related activities in Dubai. Established in March 2022, VARA was created to promote the emirate as a regional and international hub for virtual assets and related services. VARA released a comprehensive regulatory framework for virtual asset service…

    Solana price corrects as recent SOL rally factors come under question

    Solana’s SOL experienced a notable 36.6% increase in value between Oct. 30 and Nov. 2. However, it failure to breach the $44.50 mark resulted in a 10% correction down to $40 on Nov. 6. This movement has left many investors pondering whether the ecosystem growth and network activity support Solana’s present $16.9 billion market capitalization. SOL’s…

    Binance’s spot trading market share falls to 40% in 2023: Report

    Crypto exchange Binance’s market share in spot trading has fallen to 40% in late 2023, compared with 62% a year ago. According to the Nov. 6 report by blockchain analytics firm 0xScope, the exchange has lost one-third of its market share in the past 12 months. “Binance’s spot trading volume has seen a significant decline in the…

    Will the next crypto bull run be dominated by L1s, L2s or something else?

    The long-awaited “crypto spring” may be upon us as Bitcoin and other cryptocurrency markets rise in anticipation of a full-on bull market. Over the recent crypto winter, many different projects have been growing, gaining users and building new networks. Some of these, like Polygon, are layer-2 (L2) solutions to help scale the primary protocol, Ethereum. But what are the…

    Crypto lawyer says $20M settlement is 99.9% win for Ripple

    Prominent cryptocurrency attorney John Deaton has offered insights into the United States Securities and Exchange Commission (SEC) vs. Ripple lawsuit. He contends that a settlement of $20 million or less would constitute a significant legal triumph for the company. In a recent post on X (formerly Twitter), Deaton strongly refuted the idea that the lawsuit’s result was…

    What is Moore’s law, and how does it impact cryptography?

    Moore’s law, explained A fundamental concept in the technology sector, Moore’s law foretells the exponential rise in computing power over time and is named after Gordon Moore. Gordon Moore, the co-founder and emeritus chairman of Intel Corporation, proposed Moore’s law in 1965. According to him, the number of transistors on microchips — the fundamental building…