Crypto

France’s Autorité des Marchés Financiers (AMF) has warned French crypto investors that Bybit is not a registered platform in the country, according to a May 16 notice. The financial regulator stated: “The Autorité des Marchés Financiers (AMF) is calling on retail investors to exercise the utmost vigilance with regard proposal investments made to the public residing […]

The US Senate voted in favor of repealing the SEC’s Staff Bulletin 121 (SAB 121) on May 16. In all, 60 Senators voted in favor of HJ Res. 109, a resolution to overturn the bulletin, while 38 Senators voted against it. The results show bipartisan support for reversing the SEC rule. Of the 60 Senators

The US Treasury Department intends to place a significant emphasis on addressing the risks posed by cryptocurrencies and other emerging technologies in the coming months via comprehensive regulation. The Treasury has made digital assets a key area of focus in its 2024 National Strategy for Combating Terrorist and Other Illicit Financing report. The strategy outlined

Bitcoin’s design contains a unique way of handling transactions through the Unspent Transaction Output (UTXO) model. While this model provides enhanced security and privacy compared to traditional account-based systems, it also presents challenges in efficiently managing one’s Bitcoin holdings. This article delves into the concept of UTXO management, its importance, and strategies to optimize transaction

Quick Take The Bitcoin (BTC) Power-Law Model, coined by Giovanni Santostasi, provides a mathematical description of BTC’s price movements, revealing a power-law distribution on a log-log scale. This model proposes a relationship between time and price to anticipate BTC’s long-term price trajectory, indicating a robust historical correlation. However, its predictive capabilities for future price movements

Tornado Cash developer Alexey Pertsev has reportedly filed an appeal with the Dutch s-Hertogenbosch Court of Appeal following his recent conviction on money laundering charges. The appeal follows Pertsev’s May 14 sentencing to a 64-month prison term by a Dutch court. The court found him guilty of laundering approximately $1.2 billion through the Tornado Cash

Quick Take The 13f filings for Bitcoin exchange-traded funds (ETFs) in the first quarter of 2024 have unveiled a significant surge in demand and investor interest. According to Eric Balchunas, a senior ETF analyst at Bloomberg, BlackRock’s (IBIT) had an astounding 414 reported holders in its inaugural 13F season. Balchunas noted that “Even having 20

On April 24, the ‘Women in Crypto for Boards‘ series in London brought together C-level and Board-level women from the digital asset industry to address the underrepresentation of women in Web3, showcasing both the challenges and the opportunities for advancing gender equality in this rapidly evolving field. The event’s founder, Tim Connolly, highlighted the importance

Rune Christensen, the founder of MakerDAO, has proposed a novel solution to the Stablecoin Trilemma. This trilemma posits that achieving a stable value pegged to the dollar, maintaining decentralization, and scaling to meet demand are mutually exclusive goals. Christensen’s solution involves a dual stablecoin framework, envisioning the evolution of Maker’s DAI stablecoin into two distinct

Quick Take According to Glassnode, in Bitcoin (BTC) ownership, the smallest cohort, known as “shrimps” holding less than 1 BTC, remarkably commands approximately 7% of the BTC circulating supply, demonstrating a significant role in the ongoing accumulation trend. Entities Supply Distribution: (Source: Glassnode) Over the past 30 days, these shrimps have collectively accumulated roughly 25,000