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Turbulence in Shibarium’s Debut: $1.7M ETH Stuck and a Crypto Whale Shifts the Tide

2023-08-17 by admin Leave a Comment

On August 16, 2023, the Shiba Inu meme coin enthusiasts celebrated the unveiling of the second-layer (L2) blockchain, Shibarium. This platform is designed to bolster decentralized app growth while tackling Ethereum’s scalability and transaction fee challenges. Yet, even amidst the celebrations, SHIB, the project’s native cryptocurrency, slid over 8% against the U.S. dollar, mirroring the […]

Former SEC Official Anticipates Exponential Shifts in Crypto Regulations After Election Day

2023-08-16 by admin Leave a Comment

Former SEC Official Outlines Changes That Would Benefit Crypto Industry Including Election of Republican President and Resignation of SEC Chair Gary Gensler

The U.S. Securities and Exchange Commission’s former head of internet enforcement has outlined potential changes in the U.S. and at the SEC that could have positive impacts on the crypto industry, including the approval of spot bitcoin exchange-traded funds (ETFs). The changes could include a Republican president being elected, SEC Chairman Gary Gensler resigning, and […]