Author: Crypto Insider

United States Representative French Hill, chair of the House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion, provided the public with an update on how lawmakers planned to move forward with crypto-related legislation in 2024. Speaking at an event hosted by the Foundation for Defense of Democracies (FDD) on Jan. 29, Representative Hill said U.S….

The Stellar Development Foundation (SDF) smart contract upgrade on the Stellar blockchain set for the end of the month after finding a bug in Stellar Core v20.1.0. “We’ve decided to disarm our validators in support of postponing the Protocol 20 vote on Jan. 30 until after a bug fix,” the SDF explained in a Jan. 27 blog…

Trading volumes on the Solana-based decentralized exchange Jupiter have topped the charts at $480 million in the last 24 hours — amid a frenzy for a new memecoin airdrop and heightened stablecoin swaps. The trading activity has even seen Jupiter beat out the Ethereum-based volumes on Uniswap from both V2 and V3 protocols by $10…

A smart contract hosted on a blockchain autonomously executes once all the specified terms or conditions in a contract or agreement are satisfied, negating the need for intervention by an intermediary. The terms of the contract are written in machine-readable code. Once the smart contract is complete, it is irreversible and legally binding, raising the question: Is…

On Monday, Google is set to update its policies allowing certain cryptocurrency products to be advertised on the major search engine. Bitcoin exchange-traded funds (ETFs) appear likely to meet the criteria, sparking speculation within the crypto industry. In December 2023, Cointelegraph reported that Google’s crypto and related ads policy will be revised on Jan. 29, to allow…

The chair of the Commodities Futures and Trading Commission (CFTC), Rostin Behnam, believes there is a risk of the recent approval of spot Bitcoin exchange-traded funds (ETFs) to be misinterpreted as firm regulations in place for Bitcoin and other cryptocurrencies in general. In a keynote speech on Jan. 26, Behnam clarified there is a potential for retail and…