By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Regulation concerns arise as the Biden administration prepares to release an executive order in February to regulate Bitcoin as a matter of “national security”.The reason behind the exectutive order is Bitcoin’s impact to the U.S. dollar as global reserve currency, but also the difficulty in tracking … [Read more...] about Concerns Arise as Biden Prepares to Regulate Bitcoin
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Solana-based DeFi protocol Hubble raises $10M, prepares for mainnet launch
The Solana (SOL) network is ready to see the mainnet launch for another decentralized finance (DeFi) protocol, aimed at Web3 development and backed by bigshots from the crypto industry.Hubble Protocol, a project aiming to develop a censorship-resistant crypto-backed stablecoin among other DeFi services, has raised $10 million from Three Arrows / DeFiance Capital, Delphi … [Read more...] about Solana-based DeFi protocol Hubble raises $10M, prepares for mainnet launch
Binance plans to launch in the U.K. and prepares for seeking FCA approval
Binance founder and CEO, Changpeng Zhao, recently revealed that the crypto exchange aims to become a registered service provider in the UK in six to 18 months, reported The Telegraph.Roughly six months after the Financial Conduct Authority (FCA) warned that Binance is operating in the UK without permission, the cryptocurrency exchange revealed plans to build its business in the … [Read more...] about Binance plans to launch in the U.K. and prepares for seeking FCA approval
Dogecoin (DOGE) community prepares for mainstream adoption, as devs taunt new version
The new Dogecoin Core version, which will ensure that all network participants pay lower transaction fees, is close to being released, according to the developers.While the minor version release will enable third-party wallets to support cheaper transaction fees, Dogecoin (DOGE) enthusiasts anticipate the upgrade to spur the token’s mainstream adoption.Finalizing fee … [Read more...] about Dogecoin (DOGE) community prepares for mainstream adoption, as devs taunt new version
Cardano prepares to scale with Hydra upgrade as network reaches 2M wallets
In a tweet posted by the Cardano Foundation on Monday, the number of Cardano (ADA) wallets has surpassed the 2 million mark. The network reached the previous milestone of 1 million ADA wallets on May 22, 2021.During that period, the Cardano Foundation successfully implemented the Alonzo hard fork, enabling smart contracts on its network. Meanwhile, Charles Hoskinson, Cardano's … [Read more...] about Cardano prepares to scale with Hydra upgrade as network reaches 2M wallets