Ethereum’s Transaction Fees Hit Lowest Levels Since 2022, Signaling Shifting Dynamics

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has witnessed a significant milestone as its transaction fees have dropped to their lowest levels since 2022. This decline in gas fees can be attributed to reduced on-chain activity related to Non-Fungible … Continue reading Ethereum’s Transaction Fees Hit Lowest Levels Since 2022, Signaling Shifting Dynamics

MicroStrategy to Benefit from New Financial Reporting Standards for Bitcoin Holdings

MicroStrategy, a prominent software developer and investor, is poised to enhance its reporting of Bitcoin (BTC) holdings thanks to the recent decision by the Financial Accounting Standards Board (FASB). This crucial reform allows companies such as MicroStrategy to declare the … Continue reading MicroStrategy to Benefit from New Financial Reporting Standards for Bitcoin Holdings

G20 Takes a Unified Approach Towards Comprehensive Crypto Regulations

The ever-evolving cryptocurrency landscape has prompted governments around the world to adapt their regulatory strategies. In a significant move, the G20, a group of 20 developed economies, has come together to develop a comprehensive crypto rulebook aimed at addressing this … Continue reading G20 Takes a Unified Approach Towards Comprehensive Crypto Regulations

North Korean Hackers Strike Again: $41 Million Crypto Heist Highlights the Persistent Cybersecurity Threat

In a recent high-profile cyberattack, a well-known North Korean hacker group has managed to steal approximately $41 million worth of cryptocurrencies from an online casino and betting platform. This audacious theft further emphasizes the group’s expertise in cybercrime. With federal … Continue reading North Korean Hackers Strike Again: $41 Million Crypto Heist Highlights the Persistent Cybersecurity Threat

US Congressman Proposes Limiting SEC’s Enforcement Funds on Digital Assets

Congressman Tom Emmer, a prominent advocate for cryptocurrencies, has announced his intention to introduce an appropriations amendment that would restrict the United States Securities and Exchange Commission (SEC) from deploying funds towards enforcing regulations on digital assets. Emmer strongly believes … Continue reading US Congressman Proposes Limiting SEC’s Enforcement Funds on Digital Assets

Texas Senator Ted Cruz Praises Bitcoin Mining for Economic Benefits and Grid Resiliency

In a recent interview with Forbes, Texas Senator Ted Cruz expressed his support for Bitcoin mining, emphasizing how it benefits the state’s economy and grid. Cruz commended the decentralized nature of cryptocurrency technology and highlighted the financial freedom that Bitcoin … Continue reading Texas Senator Ted Cruz Praises Bitcoin Mining for Economic Benefits and Grid Resiliency