As the general crypto market experiences a slight gain in total market cap, Stellar (XLM) stands out with a substantial amount of price increase over the last week. According to data from CoinMarketCap, the XRP competitor is up by 17.61%, outperforming every other top 100 cryptocurrency in the past seven days.  XLM To Reach $1? With XLM currently hovering around […]

Ron Geffner, a notable figure in the security industry, recently shared his insights on the XRP ruling and its potential ramifications for the cryptocurrency sector. During his appearance on The Todd Ault Podcast, he delved into the intricacies of the Howey Test, a four-pronged evaluation used to determine the classification of an asset as a security. Geffner emphasized that assets […]

The Anatolian 9th High Criminal Court in Turkey has issued a sweeping 11,196-year prison sentence to Faruk Fatih Özer,, former CEO of the now-defunct Thodex cryptocurrency exchange, on several charges. These charges include “establishing, managing and being a member of an organization,” “qualified fraud,” and “laundering of property values.” The court further imposed a pentalty of $5 million, as reported […]

The Blockchain Association, a United States-based cryptocurrency advocacy group, has submitted suggestions for lawmakers to consider in potential legislation on the tax treatment of digital assets. In a Sept. 8 letter to U.S. Senators Ron Wyden and Mike Crapo, the Blockchain Association said lawmakers should support the Keep Innovation in America Act, a bill aimed at changing the reporting requirements […]

Ant Group, the owner of the world’s largest mobile payment platform, Alipay, revealed its new sub-brand under the name ZAN. The brand will focus on blockchain development and services for both institutional and individual Web3 developers.  The official press release, published on Sept. 8, cites a broad scope of technical products and services that ZAN will offer its clients. It […]

London, United Kingdom, September 7th, 2023, Chainwire Bumper, a decentralised finance (DeFi) protocol, today launched its crypto options killer. The equation that underpins the protocol promises jaw-dropping improvements over traditional Black-Scholes option desks, undercutting the market leader Deribit, by an average of 30% and set to disrupt a $13 trillion market.  Bumper’s innovation is the culmination of a three-year research and […]

Web3 startups often face challenges unique to the nascent ecosystem — complex regulatory landscapes and scaling with decentralization are just two of many. Venture capital flowing into Web3 startups experienced a big drop over the last year, and new projects need more help than ever to carry their work throughout the early phases. This is where Web3-focused accelerators can step […]

Binance, one of the leading cryptocurrency exchanges, has recently decided to refund users $1 million USDT (Tether) following an incident related to the CyberConnect (CYBER) token.  The refund aims to compensate users affected by a price discrepancy on listed CYBER tokens due to liquidity constraints on the Korean cryptocurrency exchange Upbit. Binance Addresses CyberConnect Woes As described by Binance, the incident […]

Strica, a company working on solutions and use cases for the Cardano blockchain, unveiled a new feature for the smart contract platform via their wallet, Warp Transactions.  According to an official press release, described as a “game changer for token transfers,” Warp Transactions were created to ease the burden of transaction fees paid when sending assets on this network.  Cardano […]