Following former President Donald Trump’s latest venture into the world of cryptocurrency, his Solana-based meme coin has swiftly become the focal point of widespread discussion. With a current market capitalization of $ 4 billion, this digital asset has positioned itself as one of the most financially successful meme coin launches in history. Solana Meets …
Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto
An expert in applied cryptography has argued that zero-knowledge proofs offer a promising solution for balancing privacy and regulatory compliance in blockchain technology. Low Computational Power Limits ZKPs Use Cases Zero-knowledge proofs (ZKPs) can provide blockchains with privacy without sacrificing regulatory compliance, according to Nanak Nihal Singh Khalsa, co-founder of Holonym. This capability makes ZKPs […]
Crypto Comeback: VC Investments Soar 46% in Q4 2024
In Q4 2024, venture capital (VC) firms invested $ 3.5 billion into crypto and blockchain startups, a 46% increase from the previous quarter. 2024: Weakest Year for Crypto VC Fundraising Venture capital (VC) firms poured $ 3.5 billion into crypto and blockchain-focused startups in the last quarter of 2024. The investment, 46% higher …
Report: Ted Cruz Aims to Target Crypto Tax Rule With CRA Resolution
Axios reports that Sen. Ted Cruz, a Republican from Texas, plans to wield the Congressional Review Act (CRA) next week to challenge a tax regulation that infringes on the rights of cryptocurrency brokers. This move is seen not just as a procedural tactic but as a principled stand against the expanding reach of governmental authority […]
Major Swiss Bank Expands Crypto Offerings With Ethereum Staking
Swiss state-owned bank Post Finance AG has expanded its digital-asset offering by introducing staking for ethereum (ETH), allowing holders to earn passive income. The bank plans to add staking for other tokens soon. Post Finance, which started trading and custody services for cryptocurrencies nearly a year ago, is the first systemically important bank to offer […]