The US House Financial Services Committee has taken a momentous stride towards establishing a federal regulatory framework for stablecoins. Despite concerns surrounding Elon Musk’s potential involvement in creating his own stablecoin, the proposed bill, known as the “Clarity for Payments … Continue reading US House Committee Advances Clarity for Payments Stablecoin Bill amid Concerns of Tech Giants’ Influences

In a recent interview with Bloomberg, Securities and Exchange Commission (SEC) Chairman Gary Gensler shared his apprehension about the alleged prevalence of fraud and manipulation in the cryptocurrency market. These remarks come at a time when investing giants like BlackRock … Continue reading SEC Chairman Expresses Concerns Over Fraud and Manipulation in the Cryptocurrency Market

By: Zeng Han-Jun, Head of Research Among the notable tokens held by the top 100 Ethereum whales, stablecoins often dominate the scene. However, Shiba Inu remains a formidable presence in these holdings. According to data from whale tracking website, WhaleStats, … Continue reading Shiba Inu Holds Fort as a Prominent Token Choice among Ethereum Whales

By: Zeng Han-Jun, Head of Research Bitcoin Cash (BCH) experienced a surge in price last month, attracting renewed interest from investors. However, recent data suggests that the altcoin’s momentum may be waning. Notably, Bitcoin Cash miners have been rapidly withdrawing … Continue reading Are Bitcoin Cash Miner Withdrawals Indicating Bearish Trend?

Ethereum-based software provider Flashbots has successfully secured $60 million during its series B funding round, positioning itself as a prominent player in the blockchain industry. As a result, Flashbots’ valuation has now surpassed $1 billion, reflecting the growing interest in … Continue reading Flashbots Raises $60 Million in Series B Funding, Reaching Unicorn Status