In A Nutshell Dubai’s Virtual Asset Regulatory Authority (VARA) is exploring ways to alleviate the financial pressures on smaller crypto firms regarding compliance costs. During the Paris Blockchain Week, VARA CEO Matthew White highlighted the challenges these firms face and proposed a solution where larger entities might support smaller ones to foster innovation within the…
In A Nutshell The Australian Securities and Investments Commission (ASIC) is taking its recent court loss against Finder Wallet to the next level by appealing the decision. This follows a federal court ruling that found Finder Wallet’s Earn product, which offers yields on crypto deposits, did not classify as a “debenture” and thus was compliant…
In A Nutshell The Bitcoin network has recently achieved a significant milestone by surpassing 65 million Ordinals inscriptions, just days before the anticipated halving event scheduled for around April 19. This surge in Ordinals inscriptions, marking the first implementation of non-fungible tokens (NFTs) native to the Bitcoin blockchain, has generated over $458 million in network…
In A Nutshell Yoni Assia, CEO of the trading platform eToro, emphasized the significance of embracing a long-term perspective for investors in the midst of market turmoil. During a discussion at Paris Blockchain Week, Assia reflected on eToro’s experiences with past market crashes and provided insights into future investment trends, both in the traditional and…
In A Nutshell SushiSwap, a decentralized exchange, recently garnered support from its community to transition towards a “Labs model,” marking a shift to a less decentralized governance structure. In a preliminary signal vote that took place on April 10, over 62% of participants endorsed the proposal, highlighting a significant moment for the platform’s future direction….
In A Nutshell Cardano (ADA), a prominent blockchain platform, has shown mixed signals in its recent market performance and on-chain metrics. Despite a significant drop in its price and a decrease in whale activities, indicators like the mean coin age and Market Value to Realized Value (MVRV) ratio hint at potential undervaluation. In contrast, the…
In A Nutshell The ongoing surge in Bitcoin Exchange-Traded Fund (ETF) activity is anticipated to persist until the much-anticipated Bitcoin halving event, scheduled for April 20th. This projection comes from Santiment, a leading on-chain analytics firm, which also highlighted an unwavering interest in these financial products despite the cryptocurrency reaching its all-time high in mid-March….
In A Nutshell The digital asset XRP is witnessing a significant upsurge, potentially marking the dawn of a bullish phase that could mimic its 2021 peak performance. A notable crypto analyst has suggested that now may be the optimal time for investors to accumulate XRP. Amidst a market showing bullish signs, metrics from Santiment and…
In A Nutshell Base, the layer-2 network developed by cryptocurrency exchange Coinbase, has recently marked a significant milestone by achieving over $4 billion in total value locked (TVL), showcasing a growth of more than 13.2% in the past week. This leap positions Base as the third largest Ethereum layer-2 by TVL, surpassing its peers, except…
In A Nutshell Wormhole, a project within the Solana ecosystem, has recently outperformed both Solana and Jupiter in terms of development activity. With a development score of 189, Wormhole surpasses Solana’s 108.2 and Jupiter’s 83.07, indicating a robust and active development phase. This achievement highlights the team’s commitment and belief in the project’s success, potentially…