Here’s, in numbers, how much transaction volume the Bitcoin network has handled in total during its entire history so far. Bitcoin Total Cumulative Volume According To Three Different Models In a new post on X, the lead on-chain analyst at Glassnode, @_Checkmatey_, has shared a chart that assesses the total transaction volume that Bitcoin has […]

Ripple, a prominent cryptocurrency firm, has announced its acquisition of Fortress Trust, a financial institution that offers Web3 financial, regulatory, and technology infrastructure for blockchain innovators.  With a focus on providing back-end infrastructure for payments, asset tokenization, and other services, Fortress Trust serves a wide range of clients, from Fortune 500 businesses to fintech startups, […]

The Commodity Futures Trading Commission (CFTC) intensified its focus on the digital asset decentralized finance (DeFi) space, issuing simultaneous orders against Opyn, ZeroEx, and Deridex, Inc.  The charges stem from allegations of offering illegal digital asset derivatives trading and failure to comply with regulatory requirements. Related Reading: Is The Crypto Golden Run Over? Top Analyst […]

A little over a year ago, Faruk Fatih Ozer, founder and CEO of crypto exchange Thodex was arrested by Turkish authorities. After a long trial, Fatih was sentenced to over 11,000 years in prison after being found guilty of several financial crimes. Related Reading: From Oil To Bitcoin: Oman Plans To Capture 7% Of Hashrate […]

Crypto accounting is undergoing a seismic shift in the United States as the Financial Accounting Standards Board (FASB) unanimously approves new rules governing the fair valuation of companies’ cryptocurrency holdings, according to recent reports.  The move, widely anticipated and applauded by the financial industry, aims to bring transparency and consistency to a rapidly evolving sector. […]

On-chain data shows the Bitcoin exchange supply has registered an increase of 3.1% during the past two weeks. Here’s what this could mean. Bitcoin Supply On Exchanges Has Been Going Up Recently According to data from the on-chain analytics firm Santiment, exchanges have recently received significant BTC deposits. The “supply on exchanges” refers to the […]

In a rapidly evolving global landscape, where nations are vying for dominance in the Bitcoin mining sector, Oman has emerged as a dark horse with its ambitious plans. The nation aims to capture a staggering 7% of the global Bitcoin hash rate by June 2025. This is not just a lofty goal; it’s backed by […]

The crypto market faces a stormy horizon as a prominent analyst and a report send warning signals about the future of both digital assets and big tech stocks.  In a recent strategy session, Nicholas Merten, the popular host of DataDash, cautioned that cryptocurrencies and FAANG stocks (Facebook, Amazon, Apple, Netflix and Google) could experience lackluster gains […]

The XRP Ledger (XRPL) is on the brink of a significant evolution, with the XLS-30 AMM amendment now open for voting on the mainnet. Ripple CTO Schwartz has expressed his enthusiasm for this feature, retweeting RippleX’s announcement and commenting, “One of my favorite XRPL features ever, explained in my keynote at Apex Development Summit, is […]

Popular crypto influencers in China are facing a harsh reality as Beijing-based social media giant Weibo recently purged 80 of its most prominent crypto influencers. This move comes as China maintains its strict crackdown on cryptocurrency activities within its borders.  Weibo’s action reflects the Chinese government’s ongoing stringent stance on digital currencies, raising concerns about […]

Cameron Winklevoss, co-founder of the crypto trading platform Gemini Trust Co, has been interviewed by agents from the Federal Bureau of Investigation (FBI), staff from the Securities and Exchange Commission (SEC), and New York City prosecutors in recent months, according to a source familiar with the matter. This significant development is in response to the […]

According to Bloomberg, decentralized finance (DeFi) projects operate through automated contracts and are usually helmed by collective entities rather than single individuals. This collaborative nature of governance has often posed challenges for regulators. However, leading financial institutions are now questioning the narrative surrounding DeFi. Related Reading: Decentralized Domination? 40% Of Crypto Platforms Buck The Centralized […]

As international regulations change, individuals are increasingly interested in preserving their privacy. One of the co-founders of Ethereum, Vitalik Buterin, and others released a research paper. The authors explored the intersection of blockchain technology and financial regulations through the lens of privacy pool systems.  The paper introduces a fresh perspective by leveraging zero-knowledge proofs to tackle privacy challenges […]