Daily Breakdown

Our society’s structure is far from ideal. Disparities are rampant, creating chasms that seem insurmountable. These fissures become particularly evident in the financial sphere, where 40% of US adults have less than $1,000 in savings. A stark reminder of the widespread financial vulnerability lurking beneath the surface of our modern society. A disquieting fact that […]

Richard Heart, the founder of Hex, is currently in the crosshairs of the Securities and Exchange Commission (SEC). Accused of unlawful crypto security sales, Heart’s predicament brings to light the necessity of checks and balances in the crypto industry, where unregulated financial activities could potentially run amok. While Heart’s case underscores an industry in need

The crypto industry was dealt a significant setback when U.S. District Judge Jed Rakoff, in a decision brimming with implications, rejected a plea from Terraform Labs to dismiss the securities fraud lawsuit lodged by the Securities and Exchange Commission (SEC). The denial allows the SEC’s lawsuit against Terraform Labs and its founder Do Kwon to

Crypto.com, a significant player in the digital asset sphere, has recently achieved a major milestone. The company has received regulatory approval from the Netherlands’ central bank, De Nederlandsche Bank. This development marks a significant stride in Crypto.com’s ongoing global expansion. As the European footprint broadens, Crypto.com is positioned to capitalize on a market that’s becoming

Inextricably linked with the advent of cryptocurrencies, blockchain technology has embarked on a journey transcending the realm of digital currency and NFTs. Despite ongoing regulatory challenges and consequential market volatility, blockchain’s transformative potential across various sectors is garnering universal recognition. Unfolding Blockchain’s Multidimensional Applications Blockchain’s inherent advantages, including decentralization, transparency, and immutability, have found fertile

As powerhouses like BlackRock, Fidelity, and Ark Investments vie for the SEC’s nod of approval to launch Bitcoin ETFs, we owe a profound acknowledgment to Bitcoin miners for setting the stage for the industry’s progression. The Intensifying Gaze on BlackRock Following the tumultuous fallout of FTX and other significant events in the previous year, the

The crypto industry recently underwent a significant development as Coinbase, one of the leading crypto exchanges, announced its decision to cease token staking services for users in four American states – California, New Jersey, South Carolina, and Wisconsin. The action was taken in response to a lawsuit by the U.S. Securities and Exchange Commission (SEC),

Amidst the burgeoning wave of innovative technologies, a new kid on the block, Worldcoin, seeks to prove the “humanity” of its users. As alien as it may sound, it’s the undeniable reality of this cryptocurrency venture. Tucked away in a nondescript London office, staff members stand ready to scan your iris as a testament to

In a groundbreaking move, the House Financial Services Committee approved the Financial Innovation and Technology for the 21st Century Act (FIT Act) — a bill designed to frame a new regulatory approach for digital assets. The legislation aims to vest the Commodity Futures Trading Commission (CFTC) with substantial oversight on crypto assets, paving the way