The recent decision by the SEC to close its investigation into Ethereum 2.0 has stirred up significant debate within the blockchain community. This development follows a letter from Consensys seeking clarity on the classification of ETH sales as securities transactions. Consensys’s announcement of the SEC’s decision as a victory for Ethereum developers and industry participants
Growing up in Edo State, Nigeria, I was surrounded by a supportive and loving family. My parents and siblings played a significant role in shaping my values and beliefs. They were not just family to me, they were my idols and mentors, guiding me through life’s ups and downs. Their unwavering support and encouragement have
The US Securities and Exchange Commission (SEC) has expressed worries regarding Circle’s stablecoin, USDC, as the company moves forward with plans to go public in a substantial initial public offering (IPO). According to reports from Barron’s, the regulatory agency has raised red flags about the potential classification of USDC and other stablecoins as securities under
Brazil’s Special Department of Federal Revenue is taking significant steps to regulate foreign crypto exchanges operating within the country. The tax department has announced plans to collect information from these exchanges to ensure their compliance with local regulations. This move comes as a response to the growing concerns regarding the operations of foreign exchanges and
Recent reports have surfaced regarding the Financial Supervisory Service (FSS) in South Korea instructing registered crypto exchanges to evaluate various tokens on their platforms. This directive is in line with the Virtual Asset User Protection Act, which requires exchanges to adhere to strict compliance and conduct regular assessments of listed tokens. The law also mandates
David Hirsh, the Chief of the Crypto Asset and Cyber Unit at the SEC, recently announced his resignation from the agency after nine years of service. His decision to leave the SEC may have been influenced by personal reasons, as he mentioned that he plans to dedicate more time to his family and travel before
The recent data from CoinShares reveals a significant change in investor sentiment towards crypto funds, with outflows totaling $600 million following five weeks of consecutive inflows. This sudden shift in trend has sparked discussions within the crypto community about the possible reasons behind this exodus of funds from the market. The outflows were primarily concentrated
Aavegotchi, a unique Web3 game that combines NFT collectibles, decentralized finance (DeFi), and gaming, has recently announced the upcoming Rarity Farming Season 8. This season comes with a significant 150,000 GHST prize pool and various new features designed to elevate the competitive experience for players. The tournament schedule for Season 8 includes key dates for
Ripple’s XRP has shown resilience in the face of negative market conditions, with its price rising by 1% in the past 24 hours and by 3% over the week. This performance has outshined other major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB), which have all experienced dips in the same time frame.
The Vatican Library has taken a groundbreaking step towards modernization by introducing a project that involves granting non-transferable NFTs to supporters of its manuscript collections. This initiative, currently in an “experimental” phase, is exclusively available to Italian backers of the Vatican Apostolic Library. By sharing the NFT project on their social media accounts, Italians can
