Cryptocurrency Analysis and News Portal
The U.S. government is set to tighten regulations to mitigate the growing risks associated with the crypto industry. This development comes after increased scrutiny following the collapse of FTX and Terra Luna in 2022. In a press release on January 27, the White House put forward a comprehensive roadmap designed to
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The International Swaps and Derivatives Association (ISDA) is working on two papers to address fundamental legal risks in the crypto markets, such as the insolvency of crypto exchange firms, according to a statement released on Jan. 26. The initiative was motivated by the collapse of crypto exchange FTX and previous bankruptcy
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Developers will have “the tools to incorporate simulation in their products,” Bastien Moyroud, a product engineer at Alchemy, told CryptoX. Moyroud added that the goal is “to empower users to have more visibility in terms of what's happening.” Source
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“We’ve productized the community’s desire to customize their Doodles so that it matches their IRL vibe exactly," said Doodles head of product and co-founder Jordan Castro. "Tech aside, Doodles 2 is the passport that’s used in all of our products – experiences, games, apps, music, animation releases, to bring further
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The launch of Mythical Marketplace 2.0 follows the studio's acquisition of gaming marketplace DMarket. Original Source
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On Monday, the New York Department of Financial Services (NYDFS) published guidance on custodial structures to help protect customers’ money if a crypto firm goes bankrupt. New York’s top financial regulator stressed that businesses should not commingle customer funds and that customer funds should be segregated with separate accounting. FTX Collapse
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Chris Sununu, the governor of New Hampshire, has released the results of an investigation from a commission aimed at recommending legislation around digital assets and blockchain as part of a 2022 executive order.In a Jan. 19 announcement, Sununu said the Commission on Cryptocurrencies and Digital Assets had reported the legal
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ZKSync, an Ethereum layer-2 platform designed to scale transaction throughput using zero-knowledge (ZK) proofs and Rollups, has released a new software development kit (SDK) in Swift. ZKSync Releases SDK in Swift In a tweet on January 17, ZKSync said the goal is to make their features more accessible to developers and dApps. With
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The finance ministers from the eurozone countries have released a statement on the introduction of the digital euro after a meeting in Brussels. The Eurogroup meets regularly to discuss political dimensions of the potential digital currency, it said. The Jan. 16 statement coincides with the release of a European Central
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In the released earnings report, Bank of America recorded a net income of $3.6 billion for the fourth quarter while client balances stayed flat at $1.6 trillion.American multinational investment bank and financial services holding company Bank of America Corp (NYSE: BAC) has released its performance report for the fourth quarter
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