News - Page 16

Phalcon Block, the world's first automated attack-blocking system, has been launched by BlockSec, marking a significant milestone in the Web 3.0 security industry. This revolutionary system combines protocol monitoring, attack blocking, and incident response to ensure the secure operation of protocols after deployment.

In recent weeks, there has been a surge in the development of new 'layer 2' blockchains that aim to facilitate fast and efficient transactions on top of the Ethereum network. This article explores some of the notable announcements in this space.

The regulator is yet to indicate its ruling on the latest slate of applicants for Bitcoin ETFs. Previous rejections raised concerns about market manipulation and a lack of surveillance-sharing agreements. However, applicants argue that these concerns have been addressed or are no longer relevant after the approval of Bitcoin futures ETFs.

ApeX Protocol, a leading non-custodial derivatives DEX, has announced the beta release of USDT contracts. This marks a significant milestone for ApeX as one of the pioneering DEXs, as it now offers support for both USDC and USDT perpetual contracts.

SkyBridge Capital CEO Anthony Scaramucci predicts that Bitcoin (BTC) and Ethereum (ETH) are on the verge of rallies due to a potential Federal Reserve pivot. In an interview on Bloomberg Television, Scaramucci states that he believes the Fed will halt rate hikes, relieving pressure on risk assets. He also anticipates rate cuts by the Fed in early 2022.

According to on-chain data, an address associated with the failed crypto lending platform Celsius has transferred millions of dollars worth of Ethereum (ETH) to an exchange. The data obtained from blockchain explorer Etherscan reveals that Celsius moved 5,160 ETH, equivalent to approximately $10.49 million, to the institutional crypto trading platform FalconX.

Imagine meeting with your financial advisor to plan for retirement, and seeing crypto products offered alongside other safe and regulated financial products. You decide to allocate to crypto products — not only as an investment vehicle, but also as a tool to execute tax-loss harvesting. What was once a holy grail in crypto adoption is quickly becoming a reality.

The Hong Kong Government is dedicated to creating a conducive environment for the sustainable development of virtual asset transactions. With the increasing appeal of virtual assets to global investors and the potential opportunities that arise as virtual assets enter the realm of Web3, the government recognizes the importance of fostering a facilitating environment.

In the world of cryptocurrency, the rally of APT token has drawn comparisons to Aptos, another token that gained significant popularity. This article explores the similarities between the two tokens and highlights the impressive market cap achieved by APT.

As the crypto market continues to evolve and intersect with traditional financial systems, the importance of due diligence practices cannot be overstated.

In recent years, there has been a growing global movement to promote crypto tax transparency. This movement is particularly evident in Europe and the U.S., where several initiatives have been introduced to place new requirements on participants in digital asset markets.

In the event of allegations of fraud or manipulation in an election, the responsibility of investigating falls on the election cops. This applies to both local districts and any other state. The election cops act as watchdogs, ensuring the integrity of the electoral process.

The co-founders of the crypto analytics firm Glassnode believe that Bitcoin (BTC) and altcoins are preparing for a significant upward movement. In this article, we will explore the key points shared by Glassnode co-founders Jan Happel and Yann Allemann, and discuss the potential implications for the market.

Blockchain technology has introduced a new buzzword called 'intents.' These intent-centric programs are revolutionizing the way we utilize blockchains. However, it is important to be aware of the risks associated with this emerging trend.

Remittances are a significant application of stablecoins due to their numerous advantages over traditional methods. Stablecoins, such as U.S. dollar-backed tokens, offer fast settlement times, lower fees, and round-the-clock availability.

Singapore's central bank, the Monetary Authority of Singapore (MAS), is collaborating with major traditional finance players including JPMorgan, DBS, and BNY Mellon to test tokenization use cases. This initiative is part of Project Guardian, a policymaker group that aims to advance asset tokenization and includes Japan's Financial Services Agency (FSA), the U.K's Financial Conduct Authority (FCA), and the Swiss Financial Market Supervisory Authority (FINMA).