BLOCKCHAIN
Blockchains incorporate several important features such as immutability, encryption and distributed storage, which combined makes secure peer-to-peer transactions possible and in turn has created the means to end human dependence on credit and thus credit intermediaries. Due to these features, blockchain has been referred to as ‘the Trust Machine’ and is forecasted to transfer the trust from agencies and institutions which are enforced by law to machine-based networks guaranteed by technology and mathematics.
Ripple May Dump Over 96 Million XRP Soon
Ripple's strategic handling of 240M XRP in December 2023 stabilized the market and may influence future cryptocurrency dynamics.
Turkey Names Blockchain Expert to Central Bank Committee
Turkey's central bank embraces blockchain with the appointment of crypto expert Prof. Fatma Ozkul to its monetary policy committee.
Big Banks' Involvement in Drafting the Digital Asset Anti-Money Laundering Act Raises Concerns
The Digital Asset Anti-Money Laundering Act, backed by big banks and introduced by Senators Marshall and Warren, aims to regulate crypto under strict banking laws.
Lido DAO Faces Class-Action Lawsuit Over LDO Token Alleged to be Unregistered Security
A class-action lawsuit against Lido DAO alleges its LDO token is an unregistered security, claiming responsibility for investor losses following the token's price decline.
BNB Chain Resolves BscScan Lag Issue, opBNB Still Undergoing Fixes
BNB Chain resolves lag issue in BscScan browser, continues to address similar issues in opBNB, with BSC unaffected and users advised to use BSCtrace for updates.
Goldman Sachs Predicts Booming Blockchain Asset Trading in Coming Years
Goldman Sachs predicts a substantial increase in blockchain-based asset trading in the next 1-2 years, indicating a transformative shift in financial markets and growing interest in digital assets.
SEC Delays Decision on Invesco and Galaxy Digital's Ether ETF
The SEC extends the review period for the Invesco and Galaxy Digital's Ether ETF until February 6, 2024, signaling continued caution in cryptocurrency product approvals.
Explosive Growth Forecasted for Blockchain Gaming: Market to Hit $614 Billion by 2030
The blockchain gaming market is predicted to surge from $154.46 billion in 2023 to $614.91 billion by 2030, fueled by trends like DAOs, crypto adoption, AR/VR, cloud gaming, and creative collaborations.
VanEck's Ambitious Move: A Spot Bitcoin ETF with a "HODL" Ticker
VanEck submits a fifth amended application for a spot Bitcoin ETF under the "HODL" ticker, aiming for SEC approval and significant market impact.
Cryptocurrency Detective ZachXBT Uncovers Unusual ETH Withdrawals for MTG Cards
ZachXBT's analysis of cryptocurrency transactions involving the withdrawal of over 11,200 ETH, equivalent to $25 million, raises questions about the source and intent of these funds.