Mastercard seeks to patent a blockchain anonymity solution

Mastercard, the American multinational financial services giant intends to patent a blockchain anonymity solution. Their patent application is currently under the review of the United States Patent and Trademark Office (USPTO). The patent application addresses an interesting area in the…

Riot and Bitfarms deal allows room for possible takeover

The ongoing developments between Bitcoin mining companies Riot and Bitfarms Ltd. have captured significant attention in the crypto industry. The rivalry that once revolved around an unsolicited takeover attempt by Riot has since morphed into a delicate truce, with Riot…

Coinbase legal battle with SEC sparks debate on digital asset rules

Coinbase has become the focal point of an ongoing legal battle with the US Securities and Exchange Commission (SEC). This clash represents a broader issue faced by the crypto industry regarding regulatory uncertainty surrounding digital assets. The company has pushed…

BNY Prepares Crypto Custody as Wall Street Targets Revenue

Bank of New York Mellon Corp. (BNY) is taking strategic steps to expand its role in the cryptocurrency market. As digital assets like Bitcoin and Ether continue to gain mainstream acceptance, BNY is pushing to offer custody services for crypto…

CFTC Fines Uniswap for Leveraged Retail Crypto Trading Violations

In recent years, the decentralized finance (DeFi) space has faced growing scrutiny from regulatory bodies like the Commodity Futures Trading Commission (CFTC). One of the most notable recent cases involves Uniswap Labs, a leader in the decentralized exchange (DEX) space.…

Polymarket faces new competitor after $1B in election wagers

Blockchain technology has made a significant impact across various sectors, from finance to entertainment, and now it’s making waves in prediction markets. Polymarket, a well-known blockchain-powered platform, has gained attention for allowing users to wager on the outcomes of real-world…

Rhodium Secures Uncommon Bitcoin Loan in Bankruptcy Plan

The recent developments surrounding Rhodium Encore LLC have highlighted a unique intersection between traditional bankruptcy proceedings and the evolving world of cryptocurrency. With Rhodium’s Chapter 11 bankruptcy, the firm has navigated an innovative path by incorporating digital assets into its…

Hemi gets Binance Labs investment for blockchain scaling

Blockchain technology continues to evolve, with new networks and innovations pushing the boundaries of what is possible. One such groundbreaking development is Hemi, a modular blockchain network that integrates Bitcoin and Ethereum to create a superior ecosystem that addresses scaling,…

Is Harris Shifting Crypto Stance in Tight Race With Trump?

Kamala Harris has maintained silence on her stance regarding digital assets for much of her campaign, leaving the crypto industry speculating about her position. As the Democratic nominee for the 2024 presidential election, Harris is running against Republican candidate Donald…

SEC Approves Nasdaq Options Trading for iShares Bitcoin ETF

The recent approval by the SEC has sparked significant interest in the financial world, particularly regarding Nasdaq Inc.’s application to list options on the iShares Bitcoin Trust ETF. This decision marks a pivotal moment for the cryptocurrency investment landscape, paving…