Ethereum(ETH) co-founder Vitalik Buterin, along with core developer Ameen Soleimani, Jacob Illum of Chainalysis, and scholars Matthias Nadler and Fabian Schar, have jointly authored a research paper introducing a novel privacy protocol known as “Privacy Pools.” The research paper introduces…
Long-Awaited Bitcoin Accounting Rules to Capture Rises
Crypto companies and other businesses holding significant digital currency assets will finally have clear accounting rules to measure the value of their Bitcoin, Ethereum, and other cryptocurrencies, as unanimously voted by US accounting standard-setters on Wednesday. Understanding Crypto Accounting Rules…
Ark Invest, 21Shares’ spot Ethereum ETF tests SEC
Ark Invest and 21Shares are preparing to introduce an Ethereum ETF, a digital asset that ranks second only to Bitcoin in popularity and market capitalization. Their recent filing for the ARK 21Shares Ethereum ETF marks a significant development in the…
Global Crypto Wealth Study Reveals 6 Bitcoin Billionaires and 88,000 Crypto Millionaires
Even though the crypto market isn’t doing well right now, some folks handle it like pros. According to a recent report from Henley & Partners, there are currently six Bitcoin billionaires worldwide. Also, 22 billionaires have their crypto wealth spread…
Visa to Send Stablecoin USDC over Solana to Help Pay Merchants in Crypto
As Visa aimed to expand its potential to more clients, there was an urgent need to utilize newer, high-performance blockchains that could send and receive stablecoins at a faster rate and at a lower cost. For these reasons, Visa supported…
UK’s Travel Rule comes into effect, could halt certain crypto transfers
Cryptocurrency businesses in the United Kingdom recently came under new regulatory guidelines that took effect on September 1st. These guidelines relate to implementing the Travel Rule for cryptocurrency transactions, and they mark a significant step in the efforts to ensure…
Ex-Goldman Banker Says $1 Quadrillion Crypto Use-Case That ‘Dwarfs Everything’ Could Come to Industry
Raoul Pal, a former executive from Goldman Sachs, is talking about something significant in cryptocurrencies. He thinks a massive opportunity of crypto use-case worth about $1 quadrillion is waiting to flow into the world of cryptocurrencies. Exploring a $1 Quadrillion…
Brazilian crypto streamer loses money by accidentally exposing private key
Fraternidade Crypto, a famous Brazilian crypto streamer, suffered significant financial loss due to a private critical mishap. These kinds of incidents shed light on the importance of security in the world of digital assets. Fraternidade Crypto’s Loss of Private Keys…
Colorado Department of Motor Vehicles now accepts cryptocurrency for online services
The Colorado Department of Motor Vehicles (DMV) now accepts cryptocurrency payments for online services, such as renewing a driver’s license or vehicle registration. This step makes Colorado one of the first states in the US to accept cryptocurrency payments for…
First Ethereum Smartphones Sells out Within 24 Hours
Picture this: regular smartphones, but with a crypto twist. They’re called Ethereum smartphones, and guess what? They’ve sold from the shelves in just one day! This is big news, and this is important to understand the future of the crypto…