Entities from the Hedera and Algorand ecosystems, including the HBAR Foundation, Algorand Foundation, Hashgraph Association, Swirlds Labs, DLT Science Foundation, and industry partners The Building Blocks and BankSocial, have come together to establish the Decentralized Recovery (DeRec) Alliance. This alliance is dedicated to developing a new interoperability recovery standard that simplifies the recovery and adoption of cryptocurrencies and other digital assets.
Exchanges that buy coins overseas to sell on the domestic market account for most of Brazil’s cross-border crypto trade, a Central Bank report has found.
European banking regulators have urged stablecoin issuers and other stakeholders to dialogue with regulators ahead of proposed stablecoin rules under the Markets in Crypto Assets (MICA) regulation.
A group of Republican lawmakers from the US House Financial Services Committee has urged Securities and Exchange Commission (SEC) Chairman Gary Gensler to address inquiries concerning the hack of the agency’s X account on January 9, 2024.
Better Markets, a non-profit organization that advocates for financial reform and more stringent financial regulations, has come out in stout opposition to the newly-approved spot Bitcoin ETFs.
Circle Internet Financial – the issuer of the world’s second-largest stablecoin, USD Coin (USDC) – has quietly filed for an initial public offering (IPO) with federal regulators.
Ethereum co-founder Vitalik Buterin has recommended a “modest” increase in the gas limit to enhance the potential throughput of the Ethereum network. During a Reddit ask-me-anything (AMA) organized by the Ethereum Foundation’s research team, Buterin emphasized that the gas limit has not been raised for nearly three years, marking the longest duration without an increase in the protocol’s history.
Tesla CEO Elon Musk says there’s a possibility cryptocurrencies could be utilized on Mars as he answers questions about what he would use on the planet.
The cryptocurrency market recorded massive gains towards the end of 2023 in several areas as the uptick in asset prices was seen in centralized exchange numbers, institutional funds, and decentralized applications (dApps).
Former FTX CEO Sam “SBF” Bankman-Fried has informed the federal court that he has retained new counsel ahead of his sentencing hearing for seven criminal charges. Additionally, SBF’s legal team submitted a sealed document indicating the possibility of considering an appeal to his November conviction.
Police in the Philippines have arrested a South Korean man suspected of stealing some $3.5 million from a nursing care fund – and spending the money on crypto.