The Financial Industry Regulatory Authority (FINRA), a non-governmental, self-regulatory organization, recently published a report outlining the potential regulatory implications for securities and finance firms operating in the metaverse. Along with a breakdown of the current state of metaverse activity in the finance industry and projections for the technology’s future, FINRA also dedicated several paragraphs of…
Etherscan, a blockchain explorer and analytics provider, has introduced its v2 application programming interface (API) update, a significant upgrade to simplify multichain development. The beta release of Etherscan v2 allows developers to access data across 50 Ethereum Virtual Machine (EVM)-compatible blockchain networks using a single API key. An API is a unique code passed in…
One of the key topics linking cryptocurrencies to all Americans, regardless of whether they are in crypto, could be the prospect of a digital dollar — a version of the currency issued by the Federal Reserve that is traced on the blockchain. The prospect of a digital dollar has sparked concerns about privacy, leading to…
Base, an Ethereum layer-2 blockchain incubated by Coinbase, is set to become more decentralized with the introduction of a new fault-proof system. Base took to X on Oct. 23 to announce the upcoming mainnet launch of fault proofs, or mechanisms intended to verify the correctness of transactions, such as the validity of withdrawals. With fault proofs coming…
Spot Bitcoin exchange-traded funds (ETFs) within the United States have grabbed a significant amount of inflows in recent times, and analysts are concerned that it may lead to history repeating and Bitcoin’s price sliding. “Historically, this kind of activity has been followed by bearish price movements, and we may be seeing the beginning of a…
Ethereum co-founder Vitalik Buterin said the network’s next upgrade, called “The Verge,” is designed to make Ethereum more secure and accessible, allowing its nodes to run on devices as small as a “phone or smartwatch.” The Verge aims to reduce hardware requirements using “stateless verification,” which will allow nodes to verify blockchain blocks without storing…
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