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The Web3 industry has yet to fully enter the mainstream, according to John Nahas, chief business officer (CBO) of Ava Labs. He argues that general-purpose Layer 1 blockchains, whose primary focus is marketing their tokens, dominate the space and lack sufficient innovation. This, Nahas contends, hinders the industry’s full potential. Blockchain Success Hinges on Curious, … Read more
Elizabeth Warren has been a major political figure in Massachusetts for over a decade. While she’s known for championing consumer protection and taking on big banks, her stance on modern financial innovation—particularly her aggressive opposition to cryptocurrency—shows that her leadership is increasingly out of touch with today’s fast-changing economy. Massachusetts needs fresh leadership that embraces … Read more
Since surpassing the $2 billion milestone in tokenized U.S. Treasuries at the end of August, the sector has added another $210 million. The Blackrock USD Institutional Digital Liquidity Fund (BUIDL) still holds the top spot with a market cap of $531.88 million, reflecting a 3.32% rise over the last 30 days. Meanwhile, the Hashnote Short … Read more
The World Economic Forum has urged policymakers to adopt sandbox-based frameworks to enhance regulatory clarity for DeFi innovations and address key risks. Go to Source
Nobuaki Kobayashi, the trustee in charge of overseeing Mt Gox’s remaining assets, has pushed back the deadline for creditor repayments by a year, now set for Oct. 31, 2025. Mt Gox Trustee Postpones Repayment Deadline by One Year In an announcement on Thursday, Kobayashi cited delays in distributing the funds recovered after the 2014 collapse … Read more
The Trump family-backed World Liberty Financial, a financial technology firm, has announced plans to launch a decentralized finance (defi) protocol designed for widespread adoption. The company aims to integrate blockchain technology and a community-driven governance system to offer an accessible platform for both seasoned and new defi users. A Global Defi Platform? World Liberty Financial … Read more
Stripe reintroduces USDC payments, marking a significant moment for crypto adoption as stablecoin transactions see global demand. Go to Source
A previous case brought by Josh and Jessica Jarrett was dismissed in 2022 after the IRS conceded to refund some of the tax paid. Go to Source
CattleProof’s cow NFTs have officially become a part of the USDA’s record. Go to Source
According to the latest network data, bitcoin’s computational power hit an all-time peak today on Oct. 10, 2024, reaching 698 exahash per second (EH/s). This new record surpasses the previous high of 693 EH/s, set on Sept. 8. Bitcoin’s Hashrate Skyrockets to 698 EH/s as Miners Surge Ahead of Difficulty Adjustment Following a decline in … Read more