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BloXroute Labs to Implement OFAC-Compliance, Sparking Crypto Censorship Debate
December 19, 2023
BloXroute Labs, an Ethereum MEV-relay, recently announced that it will begin rejecting blocks containing transactions linked to the US Office of Foreign Assets Control's (OFAC) Sanctioned National and Blocked Persons …
Read moreSignificant Movements, Developments in Bitcoin Market
December 19, 2023
Bitcoin (BTC) has shown considerable resilience this week, recovering from the $40,500 support zone and sparking a strong rise above the $43,000 mark during Asian trading hours. This upswing has …
Read moreBlackRock Updates Spot Bitcoin ETF Proposal, Introduces 'IBIT' Ticker
December 19, 2023
Global investment management firm, BlackRock, has announced changes to its spot Bitcoin ETF proposal recently. According to the updated document, the firm now intends to use 'IBIT' as the market …
Read moreDrop in US Bitcoin Trades on Coinbase & Coinbase Dispute with SEC
December 19, 2023
An observable shift in the Bitcoin market towards the end of 2023 indicates a potential decrease in Bitcoin trading enthusiasm among US investors. The change is that BTC-USD on Coinbase, …
Read moreLearn Concept: The Role of Transactional Inscriptions in Blockchain Network Congestion
December 19, 2023
The rise of certain transactions on blockchain networks, specifically the scripting of Ordinals inscriptions, adds pressure to the system, manifesting in the form of increased transaction fees and network congestion. …
Read moreUK Treasury Introduces Digital Securities Sandbox to Foster Crypto Innovation
December 19, 2023
The UK Treasury has unveiled a set of regulations known as the Digital Securities Sandbox (DSS) aimed at fostering innovation while allowing for the controlled testing of emerging technologies such …
Read moreRevolut Temporarily Halts UK Crypto Services Ahead of Regulatory Modifications
December 18, 2023
In response to impending regulatory adjustments, Revolut has announced a temporary suspension of its cryptocurrency trading services for its business clients in the U.K. The decision is driven by the …
Read moreZilliqa Network Experiences Outage Due to Critical Technical Fault
December 18, 2023
Earlier in December, Zilliqa, a blockchain platform based on the sharding technique for improving scalability, announced a critical technical issue that impacted its block production process. As a result, there …
Read moreBlockchain Transaction Fees Skyrocket Following Ordinals Inscriptions Boom
December 18, 2023
Transaction fees across various blockchain networks, including Bitcoin and Ethereum Virtual Machine (EVM) chains, surged dramatically as the recent popularity of Ordinals inscriptions continues to drive blockspace demand. Over the …
Read moreArweave's Token Value's Plummet Amid Controversial Forking Plans
December 18, 2023
The AR token value of the decentralized storage platform, Arweave, has taken a significant hit, with a more than 13% dip. This downward spiral follows the drama incited by ongoing …
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