Matthew White, CEO of Dubai’s Virtual Asset Regulatory Authority (VARA), expressed a desire to simplify regulations for smaller cryptocurrency businesses. During a regulatory session at the Paris Blockchain Week, White acknowledged that current crypto regulations have room for improvement and is exploring potential solutions. One proposed solution being discussed is to ease the financial strain … Read more
Voyager Digital has made substantial progress in repaying creditors after filing for bankruptcy, bringing in $484.35 million through agreements with FTX, Three Arrows Capital (3AC), and insurance claims for the directors and officers. This is a major achievement in the company’s financial revival plan and creditor compensation process. After filing for bankruptcy, Voyager Digital has … Read more
Approximately 65 million Bitcoin Ordinal inscriptions have been added to the network, just ahead of the upcoming Bitcoin halving event, which is scheduled to occur in eight days. According to Dune’s data, the number of ordinal inscriptions passed the 65 million milestone on April 11, which is only about a year and three months after … Read more
The monthly fee revenue for CCIP jumped 4x last month. LINK slumped by 20% in the last month. In the year 2023, Chainlink’s Cross-Chain Interoperability Protocol (CCIP) saw relatively little activity. However, there was a significant surge in network usage and fee income for CCIP during the year 2024. CCIP sees increased demand in bull … Read more
Famous investor Tim Draper anticipates Bitcoin‘s (BTC) value will more than double by the year 2024. He attributes this prediction to increasing investments in Bitcoin spot exchange-traded funds (ETFs), as well as the approaching Bitcoin halving event. During Paris Blockchain Week, Draper expressed to CryptoMoon his conviction that Bitcoin’s worth will significantly rise by 2024 … Read more
Solana faced a surge in transaction failures, prompting worries regarding its network activity. Experts emphasized that Solana’s underlying protocol remains highly efficient. Lately, there have been many unsuccessful transactions on the Solana [SOL] network, causing worry among users about its capacity to manage heightened network usage. This issue has ignited discussions among the community regarding … Read more