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Major Crypto Firms Need Extra Rules, Global Cooperation, ECB’s McCaul Says
Major global crypto companies like FTX and Binance need to be subject to tougher rules with more international regulatory cooperation, Elizabeth McCaul, a member of the European Central Bank's supervisory board, said in a blog post on Wednesday. McCaul, a member of the ECB arm responsible for overseeing banks, said recent attempts to regulate crypto such as the European Union’s Markets in Crypto Assets regulation, or MiCA, wouldn’t fully address the problem of complex international struc...
Major Crypto Firms Need Extra Rules, Global Cooperation, ECB’s McCaul Says
Major global crypto companies like FTX and Binance need to be subject to tougher rules with more international regulatory cooperation, Elizabeth McCaul, a member of the European Central Bank's supervisory board, said in a blog post on Wednesday. McCaul, a member of the ECB arm responsible for overseeing banks, said recent attempts to regulate crypto such as the European Union’s Markets in Crypto Assets regulation, or MiCA, wouldn’t fully address the problem of complex international struc...
Vitalik Buterin Proposes Zero-Knowledge Ethereum Virtual Machines on Ethereum Layer 1
Vitalik Buterin, the co-founder of Ethereum, has suggested implementing zero-knowledge Ethereum Virtual Machines (zk-EVMs) on the Ethereum base layer to accelerate the verification process on the blockchain. Buterin's proposal seeks to solve "The Verge," a part of the Ethereum roadmap that aims to make verification at the base layer easier. In a post on March 31, Buterin explained that it is possible to integrate a zk-EVM on the base layer without compromising on decentralization and sec...
Vitalik Buterin Proposes Zero-Knowledge Ethereum Virtual Machines on Ethereum Layer 1
Vitalik Buterin, the co-founder of Ethereum, has suggested implementing zero-knowledge Ethereum Virtual Machines (zk-EVMs) on the Ethereum base layer to accelerate the verification process on the blockchain. Buterin's proposal seeks to solve "The Verge," a part of the Ethereum roadmap that aims to make verification at the base layer easier. In a post on March 31, Buterin explained that it is possible to integrate a zk-EVM on the base layer without compromising on decentralization and sec...
US Judge Supports Government Bid to Quash Binance.US's $1 Billion Deal Rebeca Moen Apr 03, 2023 08:
The US government's bid to quash a $1 billion deal by Binance.US to buy the assets of Voyager, a bankrupt crypto lender, has received support from District Judge Jennifer Rearden. The judge stated that the government had a "substantial case on the merits" and promised to move quickly to settle the dispute, given that delays could cost as much as $10 million per month for the estate. This decision came after objections from the US Attorney, who argued that the contract effectively rendere...
US Judge Supports Government Bid to Quash Binance.US's $1 Billion Deal Rebeca Moen Apr 03, 2023 08:
The US government's bid to quash a $1 billion deal by Binance.US to buy the assets of Voyager, a bankrupt crypto lender, has received support from District Judge Jennifer Rearden. The judge stated that the government had a "substantial case on the merits" and promised to move quickly to settle the dispute, given that delays could cost as much as $10 million per month for the estate. This decision came after objections from the US Attorney, who argued that the contract effectively rendere...
ADA Price Prediction: Key Resistance Breakout Sets Cardano Price for 9% Upswing
Amid this recovery, the ADA price breached a weekly resistance of $0.385, intensifying the underlying bullish momentum. This breakout should offer buyers a strong footing to prolong the bullish recovery. Also Read: Top 6 Liquid Staking Platforms On Ethereum However, the Cardano price currently trades at the $0.39 mark and shows a rejection sign at the pattern’s resistance trendline. This rejection indicates another minor pullback is plausible to retest the breached resistance or lower support...
ADA Price Prediction: Key Resistance Breakout Sets Cardano Price for 9% Upswing
Amid this recovery, the ADA price breached a weekly resistance of $0.385, intensifying the underlying bullish momentum. This breakout should offer buyers a strong footing to prolong the bullish recovery. Also Read: Top 6 Liquid Staking Platforms On Ethereum However, the Cardano price currently trades at the $0.39 mark and shows a rejection sign at the pattern’s resistance trendline. This rejection indicates another minor pullback is plausible to retest the breached resistance or lower support...
US, South Korea Seek Terra Co-Founder Do Kwon’s Extradition
Both the U.S. and South Korea have requested the extradition of Terra co-founder Do Kwon, who was arrested last week, Montenegro authorities confirmed in a press conference today. “We’d like to state that the extradition of Do-Hyung Kwon and [his associate] Han Chang Joon has been officially requested by South Korea from the ministry of justice of Montenegro, while the extradition of Do-Hyung Kwon has been also requested by the United States of America,” justice minister Marko Kovac said, spe...
US, South Korea Seek Terra Co-Founder Do Kwon’s Extradition
Both the U.S. and South Korea have requested the extradition of Terra co-founder Do Kwon, who was arrested last week, Montenegro authorities confirmed in a press conference today. “We’d like to state that the extradition of Do-Hyung Kwon and [his associate] Han Chang Joon has been officially requested by South Korea from the ministry of justice of Montenegro, while the extradition of Do-Hyung Kwon has been also requested by the United States of America,” justice minister Marko Kovac said, spe...