Multichain decentralized application (DApp) protocol Astar Network will launch the second iteration of its smart contracts that supports both Ethereum Virtual Machine (EVM) WebAssembly Virtual Machine (WASM VM) on its mainnet on April 6.  In an announcement sent to Cointelegraph, Astar Network founder Sota Watanabe explained that the new update would allow the creation of WASM or EVM projects within […]

Ethereum layer 2 solutions provider Arbitrum has backtracked on its governance voting system following community backlash from token holders. On April 2, the Arbitrum Foundation tweeted that its first governance proposal, AIP-1, “likely will not pass” and added its “committed to addressing the feedback received from the community.” The move will break up the debatable governance package into smaller segments. […]

PRESS RELEASE. Tallinn, Estonia – Gofaizen & Sherle, a leading fintech and crypto consultancy firm based in Estonia, has recently launched its first crypto product for the United Arab Emirates (UAE). The product is designed to assist businesses and startup owners in obtaining crypto licenses in two key zones in UAE – the DMCC free zone and IFZA free zone, […]

Crypto companies are facing difficulties accessing banking services in the United Kingdom, according to multiple sources interviewed by Bloomberg. The few banks still working with crypto firms are requesting more documentation and information about how they monitor client’s transactions. Challenges include having applications rejected, accounts frozen, and being overwhelmed with paperwork. Crypto companies have even complained to the government of […]

The collapse of Silicon Valley Bank (SVB), which suffered a bank run after revealing a hole in its finances over the sale of part of its inflation-hit bond portfolio, led to a depegging event for major stablecoins in the crypto sector, leaving many to wonder whether it was a simple stress test or a sign of weakness in the system. […]

Renowned economist Dr. Nouriel Roubini, in a recent MarketWatch op-ed, discusses the precarious situation faced by investors and banks. Nouriel Roubini has held the position of Professor Emeritus at the Stern School of Business, New York University, since 2021, after serving as a Professor of Economics from 1995 to 2021. Additionally, he is the CEO of Roubini Macro Associates, LLC, […]

The crypto community has been taken aback by the news of Bittrex winding down operations in the United States. The cryptocurrency exchange cited a challenging regulatory and economic environment in the U.S. as the main reason for the decision. Customer Funds Are Safe Bittrex is shutting down its U.S. platform. In a Friday statement, the company assured that all customer […]

The Shiba Inu ($SHIB) community has reason to celebrate as the token’s price soars to its highest point since March 14th, accompanied by a staggering 1,632% increase in the burn rate in the past 24-hour period. Shiba Inu is a decentralized cryptocurrency project inspired by the popular internet meme of the Shiba Inu dog breed. It was created as an alternative […]

An advocacy consumer group has formed that’s designed to go after the Securities and Exchange Commission (SEC) and stop it from getting in the way of crypto innovation. The Digital Currency Trader’s Alliance (DCTA) is now featuring commercials for the group online and is calling for retail investors to speak with their state politicians about joining the battle. The SEC […]