Advancements in cloud computing, data storage and artificial intelligence have transformed how businesses operate and manage information. However, this transformation has also led to challenges because these technologies are highly centralized and in the hands of a few tech giants The cloud comput
Debt-to-equity shift in Bitcoin mining The 2022 crypto winter caused major Bitcoin miners over exposed to debt financing to file for bankruptcy. Most publicly traded miners had debt-to-equity ratios over four, with values above two generally considered unsustainable. Starting in the third
Ben Waxman, a Democrat representing District 182 in Pennsylvania’s House of Representatives, has introduced legislation “to prohibit elected officials from profiting off cryptocurrency while in office.” Waxman introduced HB1812 on Wednesday with eight Democratic co-sponsors in response to what he c
Ethena Labs on Thursday said its Ethena protocol has generated more than $500 million in cumulative revenue. Growth in both revenue and the circulating supply of its synthetic stablecoin, Ethena USDe (USDe), has accelerated since July as synthetic stablecoins gain market share. Ethena Labs shared t
The rapid growth in global crypto adoption (up 34% based on the number of holders since 2023) has increased the demand for stable, low-risk digital assets. Tokenized United States Treasurys give users access to government bonds within the crypto ecosystem. The figure below illustrates the rapid grow
The US Office of the Comptroller of the Currency (OCC) said it had issued an order terminating a consent order made against cryptocurrency custody bank Anchorage Digital in 2022. In a Thursday notice, the OCC said it had dropped the order “to assure the safety and soundness” of Anchorage. The
Monad is a new layer-1 smart contract platform that recently raised $225 million in funding from venture capital firm Paradigm Although Monad has not launched yet, it is expected to be live on its public testnet in late 2024, with mainnet deployment planned for early 2025. Monad is a parallel
Tornado Cash co-founder Roman Storm, found guilty on one felony count in August, may be closer to avoiding a possible retrial on additional charges following a statement from a Justice Department official. Speaking at a Thursday summit in Wyoming organized by the cryptocurrency advocacy
State Street, an asset manager and custodian bank serving institutional clients, has joined financial services company JPMorgan’s tokenized debt platform as its first third-party custodian, allowing it to hold blockchain-based debt securities on behalf of investors. JP Morgan’s Digital Debt
For years, Washington was considered hostile territory for the cryptocurrency industry. Regulatory crackdowns, lawsuits and policy uncertainty drove many builders overseas and left advocates fighting uphill battles on Capitol Hill. But as Kristin Smith, president of the Solana Policy Institute,
Opinion by: Boris Bohrer-Bilowitzki, CEO of Concordium The recent push to protect minors when it comes to adult content has been much needed. Having now taken effect in the UK, this ongoing movement is not slowing down, with other European markets and the US facing the same restrictions As
As US President Donald Trump’s tariffs create an unpredictable trade environment, some members of his administration have been investing in sectors influenced by his policies, including Bitcoin (BTC) On Tuesday, the Trump administration announced it would extend the tariff delay on China. At the s
Cryptocurrency security platform Kerberus has acquired Pocket Universe, a popular fraud prevention and browser extension, to build a dedicated antivirus for crypto. Kerberus Cyber Security has acquired Refract, the developer of Pocket Universe, in a seven-figure deal, the firm said in a statement t
1inch rolls out intent-based crosschain swaps to connect Solana and EVM networks with built-in MEV protection. A half-decade into decentralized finance (DeFi), moving value across chains remains the industry’s most brittle link. Bridges and offchain messaging protocols have repeatedly exposed