Vitalik Buterin claws back crypto community's right to redefine 'inflation'
The Ethereum co-founder asserts the crypto community’s right to redefine “inflation” as the increase in currency supply, challenging traditional economic definitions and addressing misinformation.
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Bitcoin surge could be driving digital yuan interest, says People’s Bank of China
The central bank says strong interest in its CBDC project is partly being driven by Bitcoin's recent surge, despite cryptocurrency still being banned in China. 537 Total views 7 Total shares The cryptocurrency space may be helping to spawn its own competitors after a representative of the People’s Bank of China said Bitcoin’s (BTC) recent…

Pavel Durov Denies He’s Selling Telegram Following TON Failure
“We are not selling Telegram – neither in part, nor in full,” Telegram CEO Pavel Durov promises. Pavel Durov, CEO of the popular encrypted messaging platform, Telegram, has denied reports that the firm is preparing to sell the company after the failure of Telegram’s blockchain project.According to an Aug. 5 report by local tech publication…

Meet the Snoop Dogg impersonator who walked around NFT.NYC
Doop Snogg, the impersonator, was hired to “drum up excitement” at the NFT.NYC conference. 221 Total views 15 Total shares A man impersonating the hip-hop icon Snopp Dogg went around NFT.NYC to fire things up at the nonfungible token (NFT) event. While the intention was to bring fun to the event, there were some mixed…

US crypto firms spent more on lobbying in 2023 than before FTX collapse: Report
Government transparency group Open Secrets reported U.S. crypto firms spent roughly $19 million on lobbying from January to September 2023. 167 Total views 1 Total shares Companies connected to the crypto and blockchain industry in the United States reportedly spent roughly $3 million more on lobbying in the first three quarters of 2023 than over

Binance to implement Lightning Network nodes for enhanced Bitcoin transactions
Binance hopes to enable smooth BTC deposits and withdrawals while tackling network congestion issues. 413 Total views 1 Total shares On June 20, cryptocurrency exchange Binance announced that it had commenced operating nodes on the Bitcoin Lightning Network as a crucial step toward integrating it for deposits and withdrawals.In a tweet, Binance acknowledged users who…

Ethereum-Based ‘Wrapped’ Token Backed by Bitcoin Launches
Wrapped Bitcoin (WBTC), an Ethereum (ETH)-based token backed by Bitcoin (BTC), has launched today, Jan. 31, according to a press release on the network’s website. The currency is a joint initiative by blockchain security firm BitGo, Kyber Network liquidity protocol and others.BitGo announced the development of the coin backed 1:1 with Bitcoin in October 2018.…

MakerDAO deploys on layer-2 network StarkNet to enhance functions of DAI stablecoin
MakerDAO is currently the 4th largest DeFi protocol as per TVL rankings with $14.24 billion in locked value. 142 Total views 18 Total shares MakerDAO, a decentralized autonomous organization serving the popular DeFi lending protocol Maker, has announced an upcoming deployment schedule on the decentralized zero-knowledge (ZK) Ethereum rollup, StarkNet.Expected to become fully operational in…

US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC
The framework under the bill would allow certain tokens to qualify as digital commodities if they were decentralized and crack down on the SEC’s previous approach to crypto. 406 Total views 3 Total shares Lawmakers with the United States House Financial Services Committee and House Agriculture Committee have released a draft discussion offering certain crypto…