The cryptocurrency industry has seen remarkable growth over the last few years, with the total market cap way past $3 trillion. However, the space still grapples with issues that may unsettle both novice and experienced users. Security vulnerabilities are a constant threat. Hackers can exploit vulnerabilities to steal funds or personal data, with such incidents causing…
Decentralized identity platform Humanity Protocol has secured $20 million in venture funding to compete with the likes of World Network in the push for onchain identity solutions. Humanity’s funding round was backed by venture capital firms Pantera Capital and Jump Crypto at a fully diluted valuation of $1.1 billion. The funds will be used to…
Crypto exchanges OKX and Crypto.com have received full licenses under the European Union’s Markets in Crypto-Assets Regulation (MiCA). On Jan. 27, OKX announced that it had received its full MiCA license through its dedicated crypto hub in Malta, while Crypto.com also received its full MiCA license on the same day. Granted by the Malta Financial Services Authority (MFSA), the…
US President Donald Trump’s recent foray into the memecoin market drove Google search interest for the term “crypto” to its highest level since 2021. On Jan. 18, Trump launched an official memecoin project just two days before his inauguration. Following the launch of the Official Trump (TRUMP) token, First Lady Melania Trump also launched a self-titled memecoin,…
Ethereum developers could implement more protocol changes to evolve with changing market structures without changing its values, says crypto venture capital firm Paradigm. “We think Ethereum’s core protocol could be improving much faster,” Paradigm said in a Jan. 25 blog post. “There are many high-impact improvements that Ethereum can start accelerating towards today without sacrificing its values.”…
Executives from leading Ethereum layer 2s have said they’re willing to make Ethereum more unified by implementing “based” and “native” rollups, which they say could improve security while making the network less fragmented. The head of Ethereum layer 2 Base, Jesse Pollak, said on a Jan. 25 call with Ethereum founders and developers that based rollups are…
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