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Bitcoin Layer-2 (L2) projects experienced substantial growth, particularly as decentralized finance (DeFi) use cases expanded within the Bitcoin ecosystem. A November 2024 report by digital asset platform Galaxy revealed that Bitcoin L2 networks increased from just 10 in 2021 to 75…
Bitcoin Layer-2 (L2) projects experienced substantial growth, particularly as decentralized finance (DeFi) use cases expanded within the Bitcoin ecosystem. A November 2024 report by digital asset platform Galaxy revealed that Bitcoin L2 networks increased from just 10 in 2021 to 75…
In a blog post published on Friday, Ethereum co-founder Vitalik Buterin outlined why scaling Layer 1 (L1) gas fees by approximately ten times could provide significant long-term value, even as Layer 2 (L2) solutions continue gaining traction. Reasons to have higher…
Cryptocurrency exchange Bybit has been officially removed from France’s Autorité des Marchés Financiers (AMF) blacklist after more than two years of regulatory compliance efforts. This is an important step for the exchange as it works to secure a Markets in Crypto-Assets…
The two Estonian nationals extradited to the US last year pleaded guilty yesterday to operating a multi-million-dollar fraud. The US Attorney’s Office for the Western District of Washington described the operation as “a massive, multi-faceted cryptocurrency Ponzi scheme that victimized hundreds…
Coinbase CEO Brian Armstrong believes the cryptocurrency industry is entering a new phase of growth in the United States, predicting that up to 10% of global GDP will be crypto-based by 2030. Speaking during Coinbase’s Q4 2024 earnings call on Feb.…
Blockchain gaming saw a dramatic rise in onchain activity in January, marking a threefold increase compared to the same period last year, according to a Feb. 13 report from blockchain analytics platform DappRadar. The sector recorded over 7 million unique active…
Coinbase exceeded profit forecasts for Q4 on Thursday as heightened trading in Bitcoin and other digital tokens followed the US election. The operator of the largest US crypto trading platform reported a net income of $1.3b or $4.68 per share—up significantly…
Bitget, a cryptocurrency exchange and Web3 company, announced on Thursday that it obtained a Virtual Asset Service Provider (VASP) license from Bulgaria’s National Revenue Agency, further expanding its presence in Europe. With this approval, Bitget gains the ability to offer various…
A Russian court has extended the detention period of a commercial pilot who was arrested for allegedly sending crypto to the Armed Forces of Ukraine. The Federal Security Service (FSB) arrested the man in Krasnodar, Southern Russia, on suspicion of “treason”…
The artificial intelligence (AI) market is projected to reach $243.70 billion in 2025, reflecting the massive financial backing behind AI advancements. It is not surprising that major technology companies such as Amazon, Google, Meta, and Microsoft plan to invest approximately $320…
For months now, North Korea has been targeting crypto developers via NPM supply chain attacks. This is a highly sophisticated global campaign orchestrated by the infamous Lazarus group to steal funds and data through supply chain attacks. Starting in August 2024,…