London, England, October 23, 2023: Binance, the world’s largest cryptocurrency exchange, announced on October 19 that it had partnered with new fiat service providers to expand its range of euro (EUR) services in Europe. The new partnerships will enable Binance users to deposit and withdraw EUR via Open Banking and SEPA/SEPA Instant, as well as […]
The US Securities and Exchange Commission (SEC) is now seriously and closely looking at the crypto space following the recent surge of applications from asset managers aiming to launch the first-ever US Exchange-Traded Fund (ETF) that directly invests in Bitcoin. The SEC has expressed concerns over the lack of clarity in these applications and has […]
Mining is a crucial part of the functioning of cryptocurrencies. Even though it has served its purpose since its creation, criticism is also levelled against Bitcoin, as the energy needed to run the network is high. Bitcoin mining involves solving intricate mathematical puzzles and adding the resulting solutions to the public ledger, which enables the […]
On June 15, 2023, BlackRock’s application for SEC approval of a spot Bitcoin ETF set a pivotal precedent, inspiring numerous other financial institutions to follow suit and resubmit their own applications for similar offerings.The first part of this article Bitcoin ETF: Its Journey Ahead, provides a comprehensive overview of BlackRock, Howey Theory, the SEC, and […]
Unless you have been living under a rock for the past few years, bitcoin should not be an unfamiliar term. Bitcoin is a decentralized digital currency that enables secure peer-to-peer payments without a centralized authority. This feat is achieved through Blockchain Technology. Blockchain is a digital ledger technology that uses cryptography to store transactions securely. […]
Washington, Thursday, September 07: In a recent development, a three-member panel from the United States Court of Appeals for the District of Columbia Circuit delivered a verdict on Tuesday, September 5th, asserting that the Securities and Exchange Commission (SEC) had erred in its decision to deny Grayscale Investments’ request for the listing of an Exchange-Traded […]
M2 calculates the money supply in the United States. It shows a record of increasing 40% since January 2020. What do you think about this, and do you know why this happened? This happened because when currencies do not have clear regulations around the total supply cap, the ruling government will print the money according […]
The digital age has changed how we live and operate. From social media to e-commerce, the digital world has given us access to information and opportunities previously limited to a selected few. With its vast array of uses outside of currency and payments, the digital economy is now called the Blockchain Economy. The blockchain is […]
A new study by researchers at Cornell University in the US suggests that solar and wind energy installations could generate hundreds of millions of dollars by mining bitcoin during periods of excess electricity generation. The study, which was conducted by a team of engineers and economists, found that setting up mining operations could not only […]
From the beginning, efficiency and scalability were the two major issues raised over the Bitcoin blockchain network. ‘SegWit,’ also known as “Segregated Witness,” is a soft fork utilized in the Bitcoin blockchain to increase the number of transactions that can occur simultaneously. This update was referred to as the Civil War since there were many […]