SEC Hires 20 Crypto Experts To Crack Down On Fraud
The United States Securities and Exchange Commission is in the process of hiring 20 cryptocurrency experts for its enforcement units to better confront the illegal activities conducted with the use…
Uzbekistan’s president issues decree to adopt special crypto framework
The Republic of Uzbekistan is preparing to adopt a new crypto regulatory framework including a 7.5% income tax on crypto-related salaries.
Yuga Labs faces immense backlash while ETH miners pocket big gains
Bored Ape Yacht Club creator Yuga Labs created quite a buzz in the market following the announcement of the Otherside metaverse. The entire community was eagerly awaiting the launch and…
CI Global, Galaxy Digital Expand ETF Suite With Blockchain and Metaverse Offerings
The new ETFs will track indexes created by Alerian and Galaxy Digital Holdings.
SEC doubles down on crypto regulation by expanding unit
The Crypto Assets and Cyber Unit of the SEC’s Enforcement Division, which is tasked with policing cryptocurrency firms, will add 20 people to its staff.
Solana developers share 3 key mitigation steps to make the network robust
Developers have suggested changing Solana’s current data transfer protocol UDP to QUIC, stake-weighted transaction processing and a fee-based transaction priority.
Venture Capitalists Exhibit FOMO, Invest in Growing Crypto Universe
Venture capital investment in crypto projects reached a record $10 billion globally in the first quarter of 2022, Reuters reports. Such projects, ranging from crypto and NFT exchanges to decentralized…
Crypto.com Restarts Card Rewards After Community Backlash And Cronos (CRO) Crash
Crypto.com has opted to reverse its decision to slash card staking entirely after backlash from the cryptocurrency community. What Happened: On Monday, Singapore-based cryptocurrency exchange Crypto.com said it would reduce…
Coinbase CEO Predicts 1 Billion Crypto Users Within the Next Decade
Coinbase CEO Brian Armstrong is predicting that one billion people will have used crypto in the next decade. Speaking on the first day of the Milken Institute Global Conference in…
Ethereum’s Q1 2022 Report: Perpetual DEXes Grew 2704% To $209B
Analysts at Bankless put together financial results for the world-leading smart contract platform Ethereum (CRYPTO: ETH). What Happened: In a report titled “State of Ethereum – Q1 2022”, Bankless’ Ben…