Memecoins are like a ‘risky casino’ — Andreessen Horowitz CTO
The chief technology officer of VC firm a16z said that memecoins are like risky casinos that deter real builders from the crypto ecosystem. Go to Source
Cryptocurrencies
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How blockchain-based voting can restore trust in the electoral process
Brian Rose also aims to implement a new London cryptocurrency to promote financial education in the Greater London area. Go to Source
Nigeria puts faith in new crypto-friendly regulator
The Nigerian president appointed the new Securities and Exchange Commission (SEC) chair to regulate the capital market, bolster investor confidence and advance economic development. Go to Source
EU enacts crypto regulations to combat money laundering
The new legislation would impact crypto-asset service providers (CASPs), like centralized crypto exchanges under MiCA (Markets in Crypto-Assets Regulation). Go to Source
Samourai Wallet mixer co-founders arrested on AML, licensing charges
The crypto mixer allegedly handled $2 billion in unlawful transactions and facilitated $100 million in money laundering. Go to Source
Chainlink debuts new protocol aimed at boosting cross-chain interoperability
The Cross-Chain Interoperability Protocol will make cross-chain smart contracts more interoperable across nine blockchain networks. Go to Source
Renzo’s ezETH depegs to $688 following end of airdrop farming window
Despite the temporary price depeg, a trader made nearly $400,000 in profit due to the unfortunate incident. Go to Source
NYSE Considers 24-Hour Trading Model in Response to Crypto Market Trends
Cryptocurrency markets operate continuously, trading every day of the week, around the clock. In a similar vein, reports indicate that the New York Stock Exchange (NYSE) is exploring the possibility of shifting to 24/7 operations. The data team at NYSE has conducted a survey among its investors, revealing a strong interest in the availability of … Read more
Economist Peter Schiff Declares ‘Bitcoin Fad is Over’ as Gold Prices Soar
After the overnight Israeli retaliatory strikes against Iran, gold prices have settled around $2,388 per ounce, having briefly touched the $2,400 mark right after the events. Over the last five days, gold has increased by 1.85%, while bitcoin has declined by 8% since the onset of the conflict last Saturday, April 13. Following last night’s … Read more
Gold and Silver Weather the Storm as Middle East Unrest Shakes Crypto Markets
Over the weekend, cryptocurrency assets saw a significant drop, with the crypto economy shedding more than 5% to fall to $2.3 trillion, while precious metals also saw declines, albeit less severe than the digital currency sector. Amidst the ongoing turmoil in the Middle East, gold fell by 1.18% in the last day; however, in contrast … Read more