Consensus mechanisms are essential for decentralization in Web3. They provide an automated set of rules that ensure order and stability. The trust that a consensus mechanism creates is why people are willing to…
There have been rumors circulating in cryptocurrency communities that Ripple, a popular digital currency, is planning to buy back 10 billion XRP tokens worth nearly $5 billion. However, John Deaton, a lawyer representing…
According to a newly released research report on global trends, Australia has emerged as the leading country in cryptocurrency adoption in 2023. This comes as a surprise to observers who have heard negative…
HSBC, one of Hong Kong’s major financial institutions, has become the first bank in the city to allow its clients to trade bitcoin and ethereum exchange-traded funds (ETFs). This move comes as a…
Binance is targeting the United Arab Emirates (UAE) as its key operational hub for promoting Web3 adoption in the Middle East. The UAE offers a favorable regulatory environment, excellent infrastructure, and a progressive…
The recent collapse of FTX has brought to light the urgent need for ethical market-making practices in the cryptocurrency industry. As reported by DailyCoin, the incident has raised concerns and highlighted the importance…
Binance, the world’s leading cryptocurrency exchange, is considering a move to Dubai amidst its ongoing battle with the US Securities and Exchange Commission (SEC). Binance Dubai General Manager Alex Chehade believes that the…
Arkham, the leading blockchain intelligence platform, has announced support for the TRON blockchain. This partnership will allow traders and researchers to track entities on TRON using Arkham’s AI-powered analytics engine. TRON is currently…
Belgium’s top regulator, the Financial Services and Markets Commission (FSMA), has ordered cryptocurrency exchange Binance to cease its services in the country. The FSMA claims that Binance violates the law by providing exchange…