Arbitrum (ARB), a well-known Ethereum scaling solution, encountered a significant downtime event on December 15, causing disruptions to the network. This incident prompted an immediate investigation into the root cause and the deployment of a fix. The impact of the downtime on the network’s functionality and transaction processing remains a concern for users and stakeholders.
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The Securities and Exchange Commission (SEC) has delivered a blow to Coinbase, one of the largest cryptocurrency exchanges, by rejecting its petition for tailored regulations for digital assets. The SEC stated that it already possesses adequate authority under existing statutes to govern crypto asset securities and combat illegal activities within the industry. This decision comes
The BRC-20 token Ordinals (ORDI) has recently experienced a significant surge of +32% in price. This surge can be attributed to a wave of Binance listings and increased trading volume. However, as the token faces retracement and potential decline, investors are left wondering if it’s too late to buy ORDI. In this article, we will
The U.S. Securities and Exchange Commission (SEC) has denied a petition from Coinbase, the popular cryptocurrency exchange, which requested the development of new rules for digital asset securities. After a lengthy back-and-forth between Coinbase and the securities regulator lasting nearly 18 months, the SEC concluded that the requested rulemaking is currently unwarranted and denied the
Patientory Inc., a healthcare blockchain company, has formed a partnership with Wharton Impact Venture Associates (WIVA), a group of students from the Wharton School, in a capital raise agreement. This collaboration aims to address the challenges surrounding data accessibility in the healthcare industry by advancing the development of Patientory’s innovative platform. Through their partnership, Patientory
The Securities and Exchange Commission (SEC) is set to implement new disclosure requirements for public companies regarding material cybersecurity incidents. These rules aim to provide investors with timely and consistent information about the risks associated with cybersecurity. The crypto industry, which heavily relies on electronic systems and digital payments, will be particularly affected by these
The world of cryptocurrency and blockchain is constantly evolving, with new developments and opportunities emerging every day. In this article, we delve into some under-the-radar stories that have the potential to shape the future of this industry. From the next Bitcoin mining infrastructure boom in North America to acquisitions by Marathon Digital Holdings, and the
The Bank of Korea is facing an important decision regarding the issuance of a central bank digital currency (CBDC). Governor Lee Chang-yong, in his speech at the “2023 MOEF-BOK-FSC-IMF International Conference on Digital Money,” emphasized the urgency and importance of taking action on CBDCs. He stated that CBDCs have become imperative and can no longer
Cardano (ADA), one of the leading cryptocurrencies, has been gaining significant momentum in the market. With its price surging above the $0.60 resistance level, investors and enthusiasts are eagerly watching whether ADA can rally further and reach new heights. In this article, we will analyze the current state of Cardano and explore the potential factors
As the year draws to a close, the speculation surrounding the approval of Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) is reaching a fever pitch. While many anticipate that the introduction of these index funds will drive a significant surge in Bitcoin and the broader crypto market, one financial services