In a recent development, a group of US senators has positioned themselves to squarely reject the Biden administration’s ambition to introduce a central bank digital currency (CBDC). In this case, a digital version of the US dollar. This move holds particular interest for UK citizens…
If you have been in the crypto space long enough, you are aware of the 2016 Bitfinex heist that made headlines, an occurrence that sent a shockwave of distrust depicting the security of Crypto exchanges as child’s play. In a sudden twist of events, Ilya…
It is with no doubt that today, the digital financial space is witnessing a significant transformation that promises to modify asset ownership and streamline business processes. Indeed, this game-changer is based on the tokenization of real-world assets. This trend is quickly gaining momentum and is…
Believe it or not, the much-awaited Ethereum ‘Dencun’ upgrade has finally been finalized, marking a huge step towards reducing the data storage costs on the Blockchain. This milestone introduces the “proto-danksharding” concept. A fairly new concept of a space carved out on the Ethereum Blockchain. This segregated…
Ethereum, better known as Ether (ETH), has seen an over 20% surge against Bitcoin (BTC) since February 12. This impressive upturn is catapulted by the news surrounding a prospective approval of a spot Ether exchange-traded fund (ETF) in the United States this coming May. However, as…
In a move aiming to streamline the regulatory landscape for Cryptocurrencies, the UK Government plans to introduce new laws focused on Stablecoins and crypto staking within the next six months. Coinbase recently announced the news at a crypto event in London, where the UK’s Economic Secretary to the…
In a clear-cut development, Bitcoin has surged to a new record price of $73,000 (£57,000), a bull run that started in October last year. This illustrates a resurgence in the Cryptocurrency’s value and a potential shift in matters of financial regulations in the UK. Bitcoin reached…
In the transformative world of Bitcoin (BTC), another pivotal moment approaches the 2024 halving. As the clock ticks down, miners across the UK and the world are examining their horizons with plenty of anticipation and trepidation, each cognisant that the halving could dramatically reshape their industry….
Even after recently hitting the $4,000 (£3,130) mark, Ethereum remains the second largest Digital Currency by market cap right after Bitcoin. Indeed, a beacon of Cryptocurrency. In light of the 2024 Ethereum Upgrade, it’s important to understand how to buy Ethereum. Ether (ETH) functions as a Digital…
Why are Governments going digital? Suffice it to say there is a looming shift in the finance world – a major one, for that matter. Central Bank Digital Currencies (CBDCs) are quickly capturing the attention of monetary authorities worldwide. This is especially true with an astonishing…
Get this, MicroStrategy just boosted its already extensive Bitcoin holdings with an additional 3,000 BTC. This purchase, amounting to $155 (£122) million, was executed at an average price of $51,813 (£40,793) per Bitcoin between February 15 and 25, 2024. MicroStrategy’s Bitcoin Holdings: A Milestone…
Over time, the technological innovation within the Blockchain and Web3 space has undergone tremendous changes. At the heart of this evolution is a significant migration. A journey of Web3 projects from the US to the more regulatory-friendly shores of Europe and now towards the promising horizons…
