Daily Breakdown

In the realm of digital currencies, Tether (USDT) has been a point of contention and scrutiny, faced with allegations of insider trading and irregularities in financial backing. However, recent incidents surrounding the infamous stablecoin suggest a more complex narrative. Amid a sudden loss of its $1 peg, USDT was also embroiled in a situation involving […]

The United States’ stance on cryptocurrencies has become increasingly stringent, giving rise to a perception of growing hostility towards digital assets. This shift in attitude has led to a decline in the number of cryptocurrency firms based in the US and has created an atmosphere of regulatory uncertainty, making investments in the sector riskier than

There has been a recent development that has stirred up the world of decentralized finance (DeFi). The U.S. Securities and Exchange Commission (SEC) has proposed a change to the definition of exchanges, aiming to include certain DeFi and crypto firms, including decentralized exchanges (DEXs) into its purview. The Blockchain Association responded to the proposed change

The crypto industry is continually shaped by regulatory developments, and one influential player in this landscape is the World Economic Forum (WEF). Renowned for its substantial influence over companies and countries worldwide, the WEF’s impact extends to the crypto industry and its regulatory framework. In a recent publication, the WEF presents its recommendations for global

In the ever-changing landscape of technology, the evolution of protocols plays a crucial role in shaping the future of various systems. Two notable examples are email and Bitcoin. Email has witnessed significant growth and faced challenges like spam, while Bitcoin, as a decentralized cryptocurrency, has undergone a process known as ossification. This article explores the

On June 1, 2023, Senator Elizabeth Warren (D-Mass.) made claims about the role of cryptocurrencies in illicit activities during a Senate Banking Committee meeting, calling for the enactment of her proposed bill, the Digital Asset Anti-Money Laundering Act. This bill aims to prevent drug suppliers and cartels from using cryptocurrencies for their illicit businesses. However,

The crypto landscape has recently been rocked by an unprecedented wave of regulatory crackdown led by the U.S. Securities and Exchange Commission (SEC). In a startling series of legal actions, the SEC has filed lawsuits against major crypto platforms Binance and Coinbase. The charges are numerous and include allegations of unregistered offerings and sales of

As the wheels of innovation spin faster, the intersection between Artificial Intelligence (AI) and Cryptocurrency (or the broader Web3) has become a fascinating topic. Not only does this combination promise an interesting synergy, but it also presents an opportunity for both fields to augment and enhance each other in surprising ways. Let’s delve into ten

Crypto enthusiasts, hold onto your hats – it’s about to get interesting in the legislative sphere! The crypto world might be in the midst of a “crypto winter,” but it’s certainly not in hibernation. Despite the lack of spotlight, numerous projects are quietly building and innovating, blending the powers of crypto and AI to revolutionize

In the midst of a tectonic shift in the crypto landscape, one event stands out: the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Binance, the world’s largest cryptocurrency exchange. This aggressive move by the SEC represents a pivotal moment in the relationship between the U.S. government and the cryptocurrency industry, setting the stage for