Crypto

Today’s court hearing between Binance and the SEC has been postponed, according to a minute order published on Jan. 19. That order reads: “It has just been announced that the courthouse will now be closed to in person proceedings due to inclement weather. Accordingly, today’s motions hearing is reset to Monday, January 22, 2024 at […]

Bitcoin slumped to as low as $40,280 on Jan. 19, its lowest level since Dec. 12, 2023, before rebounding to $41,979 after four hours of consistent sell pressure that liquidated most long positions on major exchanges. As of press time, Bitcoin traded at $41,609 after failing to breach $42,000. Meanwhile, long liquidations stood at roughly […]

19 Jan What is Frostsnap? Posted at 18:02h in Education by admin FROST, short for Flexible Round-Optimised Schnorr Threshold, is a specialised cryptographic signature scheme designed to enhance the efficiency and security of digital signatures in a multi-party or threshold setting. Frostsnap-compatible wallets will be able to leverage FROST for flexible new kinds of multisignature […]

Tron founder Justin Sun said on Jan. 19 that the United Nations’ recent report about the illicit use of USDT misrepresents some of the “professional facts” about blockchain networks. The UN report, which focuses on the rising use of USDT in fraudulent transactions, particularly in Southeast Asia, has drawn attention to blockchain technology’s challenges in […]

An analyst for Bloomberg Intelligence placed Coinbase’s chances of prevailing in its legal battle with the U.S. Securities and Exchange Commission (SEC) at an optimistic 70%. In a Jan. 19 post on social media platform X (formerly Twitter), Elliot Stein, Bloomberg Intelligence’s senior litigation analyst, suggested that the cryptocurrency trading platform was likely to secure […]

While the launch of spot Bitcoin ETFs in the U.S. put Bitcoin under the spotlight, focusing solely on its price movements provides an overly simplified, shallow representation of the market. It’s important to analyze Bitcoin in the context of other assets — both crypto and traditional. Bitcoin’s relationship with Ethereum has always been meaningful. The […]

The Office of the President of the Republic of Korea urged the financial regulator, the Financial Services Commission (FSC), to reevaluate its stance on spot crypto Exchange Traded Funds (ETFs), local media outlet Maekyung reported on Jan. 19. The President’s office encouraged the financial regulator to adopt a flexible approach to these financial products instead […]

The USM ecosystem, RACA, is dedicated to maximizing the potential of Web3 and the metaverse in 2024. Numerous innovations and initiatives will be required to accomplish this. As a result of these novel prospects, Aarin analysts predict that the metaverse will regain its complete capacity by 2024. According to RACA, the digital universe is positioned […]

Visitors are among the first Asian audiences outside of Korea to preview Night Crows Global and Fantastic4 Baseball Night Crows Global combines breathtaking visuals, immersive gameplay and massive-scale battles with advanced tokenomics and omnichain support Fantastic4 Baseball lets gamers manage and control teams of real-life players from different professional leagues including the Chinese Professional Baseball […]

New guidance from the United States’ Internal Revenue Service (IRS) has said that new rules requiring that digital asset transactions over $10,000 be reported to authorities will not go into effect—for now. Issued on Tuesday, the guidance says that “at this time, digital assets are not required to be included when determining whether cash received in in a single […]