Navigating the pitfalls of crypto privacy tools reveals essential insights for secure online financial activity. The lack of privacy protection is the Original Sin of all public blockchains – from Satoshi’s original Bitcoin whitepaper down to the most cutting-edge, modular, and parallelized network that does 100 million transactions per second with a zeptosecond finality time.…
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In Brief The European Union Parliament has banned unidentified self-custody crypto wallets for transactions within the region as part of its broader anti-money laundering efforts. The ban targets anonymous cash transactions exceeding €3,000 and self-custody wallets on various platforms. Dissenting voices have argued that the ban may disproportionately affect law-abiding citizens and hinder financial privacy.…
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In Brief Bitcoin’s stellar rise and a 54% rally have sparked a surge in crypto market job opportunities, with companies and institutions expanding their teams. Specialized job boards report a significant increase in listings, highlighting the industry’s growth and demand for professionals across various roles. Despite past downturns, firms like Coinbase and Fidelity are planning…
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In Brief Crypto traders are moving from Solana to Coinbase’s Base meme coins, indicating a shift in market focus. Rekt Fencer, who allegedly made over $1 million from Solana memes, champions the potential of Base tokens. Coinbase to launch a service for over 100 million users to trade Base coins easily, boosting the sector’s appeal.…
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In Brief Solana emerges as the “Apple of crypto,” innovating with a focus on leveraging hardware to enhance the Web3 experience. Its network performance and commitment to community and ecosystem development set it apart as a serious competitor. Technical enhancements and strategic partnerships reflect Solana’s leadership in bridging blockchain with financial systems. New research suggests…
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In Brief The blockchain industry faces regulatory challenges, not a death sentence, aiming for a balance between innovation and compliance. Joshua Kershner emphasizes the importance of a compliance-first approach in crypto, advocating for engagement with legal counsel. The Biden administration’s proposed tax on crypto miners sparks concerns about stifling innovation and driving the industry out…
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In Brief Chainlink trader ARiHBARi says that a LINK ETF could soon launch, given that 21Shares holds 693,639 tokens and sells to institutions. 21Shares recently integrated Chainlink’s proof-of-reserves technology to attest to the assets it holds to collateralize Bitcoin ETFs. In the meantime, Chainlink CEO Sergey Nazarov envisions a post-ETF financial world, where banks will…
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In Brief Crypto whale 0x7a9 acquires $185.5 million in Ethereum over three days, signaling strong market confidence. Analysts express bullish outlook on Ethereum, citing strategic acquisitions and potential for significant growth. Upcoming Ethereum upgrades and potential spot ETF approval may serve as catalysts for further price increases. A prominent crypto whale buys Ethereum (ETH) worth millions getting…
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In Brief The Intercontinental Exchange-owned crypto platform Bakkt has received approval to raise $150M to fund its long-term vision. Bakkt’s move to raise capital indicates possible financial instability, as it struggles to generate sustainable operating profits and sufficient cash flows. Despite a recent 7.8% gain, Bakkt’s share prices have plunged over 97% from their all-time…
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In Brief Crypto investment strategy firm CoinShares achieved a $42 million profit in Q4 2023, rebounding from challenges in 2022. Coinshares’ expansion plans include entering the United States market via partnership with asset management firm Valkyrie. The firm aims to consolidate European crypto market leadership while leveraging Valkyrie for US growth. CoinShares, Europe’s largest cryptocurrency…
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