Gary Gensler is set to conclude his role as Chairman of the U.S. Securities and Exchange Commission (SEC) on January 20, 2025, coinciding with the inauguration of President-elect Donald Trump. This announcement marks a significant transition within the agency that oversees the nation’s financial markets. Gensler, who assumed his position in April 2021, reflects on
On November 21st, the Sui Network, a Layer 1 blockchain developed by former Meta engineers under Mysten Labs, encountered a significant disruption that halted all block production on its platform. This unexpected event lasted for two hours, leaving its mainnet in a state of paralysis and raising questions about the network’s reliability. Upon resuming, the
In recent times, the Shiba Inu community has found itself targeted by fraudsters looking to exploit the enthusiasm surrounding this popular meme coin. As the digital currency market experiences fluctuating yet often bullish trends, bad actors have taken advantage of the scenario, impersonating legitimate developers to promote counterfeit tokens. As a segment of the cryptocurrency
In a significant victory against cryptocurrency cybercrime, South Korean authorities announced the recovery of 4.8 Bitcoin (BTC) linked to the notorious 2019 hack of the Upbit exchange. This event, reported on November 21 by Yonhap News, marks a crucial moment in the country’s effort to combat cyber-related theft, especially those orchestrated by foreign actors. The
Ethereum, as the second-largest cryptocurrency by market capitalization, has recently shown signs of consolidation following a four-month high of $3,420. Despite its prominence, Ethereum has been somewhat overshadowed in this ongoing bull run, where Bitcoin has captured much of the investor attention and excitement, demonstrating a robust price surge. This situation raises questions about Ethereum’s
As Nikolai Durov celebrates his 44th birthday, the technology community is buzzing with excitement over the debut of the NikolAI NFT series. This initiative is not just a celebration of Durov’s extraordinary contributions as a mathematician, cryptographer, and the co-founder of Telegram; it is also a bold step into the future of digital engagement within
The digital asset space in the UK is on the brink of transformation with the anticipated launch of the GBPA, a stablecoin anchored in pound sterling. Agant, the company behind this initiative, recognizes the urgent need for regulatory solutions within the fast-evolving digital asset landscape. With a growing base of over 6 million users and
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been experiencing a prolonged period of consolidation since November 12, 2022. At that time, it reached a local peak of $4,446. Since then, Ethereum has struggled to sustain upward momentum, significantly lagging behind Bitcoin’s recent rally that has captivated market participants. This lack of price action
Cardano has recently caught the attention of investors and analysts, marking a notable resilience in the face of a primarily bearish cryptocurrency market. Despite a backdrop where the global cryptocurrency market cap dipped by 1.2% to approximately $3.22 trillion, Cardano (ADA) climbed impressively to an 18-month peak of $0.80. This bullish trend appears to defy
The landscape of financial regulation is shifting dramatically as the digital asset ecosystem gains prominence. In this context, Jesse Powell, the founder of Kraken, has rallied support for Brian Brooks as the next Chair of the Securities and Exchange Commission (SEC). Powell’s endorsement is grounded in Brooks’ extensive background in finance, law, and regulation, essential