Blockchain

Ethereum layer-2 network MegaETH’s initial coin offering reportedly “sold out” within minutes and is now oversubscribed by about $400 million, as users scramble to get an allocation of its MEGA token.  The Ethereum layer-2 network […]

Key takeaways Tax authorities like the IRS, HMRC and ATO classify crypto as a capital asset, meaning that sales, trades and even swaps are considered taxable events. Tax authorities worldwide are coordinating through frameworks like […]

Kyrgyzstan has rolled out a new stablecoin pegged 1:1 to the Kyrgyzstani som, while confirming plans to issue a central bank digital currency and explore a digital asset reserve. The KGST stablecoin will run on […]

Ripple has closed its acquisition of non-bank prime broker Hidden Road and rebranded it as Ripple Prime, marking one of the company’s most significant deals to date and substantially expanding its operations beyond the digital […]

The US energy secretary has urged the Federal Energy Regulatory Commission (FERC) to write new rules enabling big electricity consumers, such as AI data centers and Bitcoin mining operations, to connect directly and quickly to […]

Decentralized exchange Bunni has announced it is shutting down following an $8.4 million exploit in September, and is now the second crypto project team to throw in the towel this week.  In a Thursday X […]

While there have been multiple attempts over the years at building “crypto cities” — special zones that rely on blockchain technology to function —most experiments have failed, and crypto executives think they know why.  One […]

What is Bitcoin mining? Bitcoin mining is the process that keeps the BTC network secure and operational. Bitcoin (BTC) miners collect pending transactions, bundle them into blocks and repeatedly perform hashing attempts (trial and error) […]

Key takeaways Unlike Bitcoin, many altcoins have low liquidity and limited oversight, making them prone to price manipulation and insider exploitation. Sudden spikes in trading volume, large whale transfers to exchanges, token unlocks or social […]

Roman Storm, a developer of the Tornado Cash privacy-preserving protocol, asked the open source software community whether they are concerned with being retroactively prosecuted by the US Department of Justice for developing decentralized finance (DeFi) […]