Top U.S. regulators who championed aggressive crypto enforcement are stepping down, paving the way for a new era of innovation-focused oversight under the incoming administration. End of an Era: US Regulators Who Championed Crypto Enforcement Step Down Several high-profile cryptocurrency enforcement leaders at the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission […]
In the intricate world of cryptocurrency, not all algorithms are forged equal. The proof-of-work (PoW) consensus algorithms like Kheavyhash, Scrypt, Blake3, SHA-256, and Ethash are the linchpins that not only secure but also empower the blockchain with the integrity and trust that underpin several of today’s leading digital currencies. Understanding Proof-of-Work and Its Variants Proof-of-work […]
A recent analysis indicates that Changpeng Zhao, Binance’s former chief, experienced a near $ 25 billion surge in his estimated wealth in 2023, while Coinbase’s Brian Armstrong enjoyed a $ 5.8 billion increase. Yet, topping the list was the elusive Satoshi Nakamoto, whose purported net worth rose by $ 26 billion this …
Prominent distressed-debt moguls are diving into the FTX bankruptcy claims arena, seizing debts at bargain prices with aspirations of lofty profits. This year, Silver Point Capital, Diameter Capital Partners, and Attestor Capital have acquired over $ 250 million in FTX claims, court records reveal. Report Says $ 250 Million in FTX Claims Acquired …
Following Paypal’s declaration about the introduction of a fresh stablecoin, the smart contract address has revealed that the quantity of PYUSD stood at approximately 26.9 million. In the subsequent 22 days, the supply of PYUSD has risen by over 60%, now totaling 43.3 million. Paypal’s Stablecoin Supply Surged by 60%, but the Dollar-Pegged Token Is […]