Cryptocurrency news from around the world and beyond. We cover what happening with cryptocurrency today. We cover things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new projects, upcoming forks, etc.

A Closer Look at “Base”: Coinbase’s Strategy for Ethereum L2 Development

What is “Base”? Base is an Ethereum Layer 2 (L2) chain designed for on-chain development. Developed in collaboration with Optimism on the OP Stack, Base is a product of Coinbase’s decade-long experience in the cryptocurrency domain. The company’s strategy for Base includes a gradual move towards decentralization. Notably, there are no plans to introduce a… Read More

OpenAI’s Sam Altman Launches Worldcoin: Blockchain Technology and Universal Basic Income

OpenAI’s CEO, Sam Altman, recently launched a new cryptocurrency project, Worldcoin. This innovative project aims to revolutionize how we perceive and interact with digital currencies. The Core Offering: World ID Worldcoin’s core offering is the World ID, a digital passport designed to authenticate its holder as an actual human, not an AI bot. To obtain… Read More

Digital Asset Regulation: Coinbase CEO Brian Armstrong’s Meeting with Democrats Amidst SEC Lawsuits

Brian Armstrong, the Chief Executive of Coinbase, is set to meet privately with a group of Democrats from the United States House of Representatives on July 19th, 2023. This meeting comes when major players in the crypto market, including Coinbase and Binance, are facing legal action by regulators. The Meeting: A Confluence of Minds Armstrong’s… Read More

Spot Bitcoin ETFs: Bernstein Report Sheds Light on the U.S. SEC’s Potential Green Light

Understanding the SEC Stance on Bitcoin ETFs The U.S. Securities and Exchange Commission (SEC), the proverbial “gatekeeper” of financial markets, has a difficult position on spot Bitcoin exchange-traded funds (ETFs). According to the brokerage firm Bernstein, the odds of the SEC approving such a financial product are good. Though challenging to maintain, the SEC’s stance… Read More

Striking a Balance: How the U.K.’s New Crypto Regulations Aim to Foster Growth and Ensure Consumer Protection

The U.K. is on a path of regulatory innovation. Preston Byrne, a partner at Brown Rudnick, suggests that while these Financial Conduct Authority (FCA) regulations provide greater legal clarity for developers, they impose additional compliance burdens on companies marketing cryptocurrencies. Earlier this month, the FCA, U.K.’s financial conduct regulator, announced new, near-final proposed rules. These… Read More

Regulatory Pressure Intensifies for Binance as Germany Rejects Cryptocurrency License

In a recent development, Germany’s financial regulator, BaFin, has reportedly informed Binance, the world’s largest cryptocurrency exchange, that it will not be granted a cryptocurrency custody license in the country. This news, initially reported by Finance Forward, is a significant setback for Binance, which has been striving to establish a legitimate presence in Germany and… Read More

Stacks: A Bitcoin-Compatible Blockchain Primed for Growth

Introduction to Stacks If you are involved in cryptocurrency, you have heard about Stacks. As an up-and-coming blockchain, Stacks (also known by its native token symbol, STX) is generating significant buzz among crypto enthusiasts and investors alike. Why? The answer lies in its unique approach to unlocking the full potential of the world’s first and… Read More

Japan’s New Crypto Tax Law and its Impact on Token Issuers

Japan’s National Tax Agency has revised its corporate tax guidelines in a remarkable move that has far-reaching implications for the crypto landscape. As of June 20, token issuers in Japan no longer need to pay corporate taxes on unrealized cryptocurrency gains, commonly referred to as “paper gains.” This law revision signifies a critical shift in… Read More

US Supreme Court’s Landmark Decision on Coinbase and Cryptocurrency

Today, June 23rd 2023, the US Supreme Court has just weighed in on a case involving Coinbase, one of the biggest cryptocurrency exchanges. This article will explore the ruling, its implications, and what this means for the cryptocurrency industry. The Ruling On June 23, the US Supreme Court made a groundbreaking ruling favoring Coinbase. The… Read More

Will Ethereum Hit the Trillion-Dollar Mark? It Just Might!

The Ethereum Boom Imagine a digital currency that could change the way we think about money! That is what Ethereum is all about. Ethereum, a cryptocurrency like Bitcoin, is the second-largest player in digital currencies. But it is not just about trading money but also a blockchain platform. It is like a digital ledger where… Read More