The recent announcement of the custody change of WBTC, a wrapped version of bitcoin, has prompted a negative reaction in decentralized finance (defi) protocols that reject Justin Sun’s disclosed relation with the project. Bitgo is moving WBTC custody to a joint venture with Bit Global, another custodian, to diversify custody locations and decentralize private keys […]
The 99Bitcoins Token (99BTC) presale is heating up. With over $ 2.5 million raised, investors are jumping in left and right before the final price increase on July 30th. And with a DEX listing also on the horizon, the countdown is on for those wanting to snag 99BTC at the lowest possible price. Last-Minute …
Discussions about adjusting Ethereum’s issuance curve due to staking concentration and other factors are taking place on social media, with some developers in favor and some against this change. A recent article by Mike Neuder, an Ethereum Foundation researcher, highlights that Ethereum issuance should “preserve the viability and proportion of solo stakers.” Ethereum Issuance Curve […]
The fears that Kenya’s lack of a regulatory framework for overseeing the crypto industry has prompted the government to establish a working group tasked with drafting crypto regulations. Authorities in the East African nation are confident that the approved regulations will designate a sole regulatory body to oversee the cryptocurrency industry. Lack of Regulation Threatens […]
The regulatory landscape that the WordPress community finds itself in today is vastly different from where we’ve been. Governments are accelerating their regulatory oversight of technology and introducing new legislation regularly to try and catch up with the pace of innovation. In Europe recently we’ve seen two landmark pieces of legislation, the Digital …