Senate representatives Kirsten Gillibrand and Cynthia Lummis have proposed a law creating guidelines for the oversight of payment stablecoins in the United States. On the 17th of April, Senators Lummis and Gillibrand unveiled the Payment Stablecoin Act, a bill they had been working on for several months with plans to reveal it in 2024. As … Read more
Some experts view the recent approval of Bitcoin ETFs in Hong Kong as a major achievement for the cryptocurrency industry. Yet, others caution that potential market challenges, including ongoing inflation and geopolitical tensions, may outweigh the positive impact of this development. “Livio Wang, COO of HashKey Group in Hong Kong, expressed great joy over the … Read more
According to Austin Federa, the head of strategy at the Solana Foundation, achieving our objective of creating a swift global network that is both open and permissionless, without central authority, remains a significant work in progress. “From a user standpoint, the network performance falls short of our hopes and expectations,” Federa explained during an interview … Read more
Exec claims Ethereum L2s can “steal user funds.” Industry figures propose multi-signatories to eliminate single points of failure. It came as a shocking discovery that user funds in Ethereum [ETH] L2s are not securely protected. In the words of Cyber Capital’s founder and CIO, Justin Bons, L2 solutions such as Arbitrum (ARB), Optimism (OP), Base, … Read more
According to recent analysis, Bitcoin (BTC) appears strong for the long term investment, yet it’s important to be aware of potential future price drops. On April 17th, in a discussion on X (previously known as Twitter), well-known Bitcoin trader and analyst Mikybull Crypto stated that the Bitcoin bull market was progressing according to plan. BTC … Read more
SEC Commissioner Peirce advocated balanced crypto regulation, promoting investor protection. Hoskinson highlighted the consequences of strict regulations. In the midst of the excitement about Bitcoin [BTC] halving and the crypto market slump, there has been a renewed focus on the discussion surrounding SEC’s cryptocurrency regulations. SEC Commissioner Hester Peirce emphasizes the positive impact of securities … Read more