Looking at all the cryptocurrency in tracking sites like Coinmarketcap.com may leave most beginners confused at the number of tokens being offered to the public. Layer-1, layer-2, metaverse, DeFi, gaming, liquid staking, real world assets, memes and the like are like the toys in a large toy shop. Each has its own separate world. One…
More tradition than coincidence, the Christmas season is around the corner again and the market is looking good for yet another run. Bitcoin surged to more than $35,000 in October, another record high for 2023. The year-long rally has been attributed to unconventional market trends, including excitement over the Bitcoin spot ETF applications pending with the Securities and…
The Abu Dhabi Global Market (ADGM) Registration Authority has introduced comprehensive regulations governing Web3 organizations. The international financial free zone’s regulatory framework is “purpose-built” and the first of its kind, the agency claimed. The Distributed Ledger Technology (DLT) Foundations Regulations will provide for the operation of blockchain foundations, Web3 entities, decentralized autonomous organizations (DAOs) and traditional foundations…
The Dubai Financial Services Authority (DFSA) recognized two more tokens on Nov. 2, adding XRP and Toncoin (TON) to its list of recognized tokens. They join Bitcoin, Ether and Litecoin as coins recognized in the Dubai International Financial Centre (DIFC). The tokens’ new status will allow financial institutions in the DIFC to carry out transactions with them. There…
Former FTX CEO Sam Bankman-Fried was found guilty of all seven charges by a jury in his criminal trial in New York after about four hours of deliberations. Bankman-Fried was found guilty of two counts of wire fraud, two counts of wire fraud conspiracy, one count of securities fraud, one count of commodities fraud conspiracy…
Layer-1 protocol Near has tapped blockchain security firm Nym to provide end-to-end encryption and metadata privacy services for its ecosystem. Nym, which provides blockchain agnostic layer-0 privacy infrastructure, will avail its mixnet tools to encrypt and cloak blockchain traffic and communication across the Near Protocol ecosystem. Masking off-chain metadata traffic will protect transaction data during…
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