On April 12, Yuga Labs’ ERC-20 token ApeCoin (APE) briefly surged to $90.00 from around $4.20 apiece on the South Korean cryptocurrency exchange Upbit before most gains were wiped out in a sharp sell-off. However, the token is still trading at $10.90 apiece at the time of publication, representing a significant premium of around $4.50 […]
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While regulators and policymakers dither and try to decide if cryptocurrencies have a future in the economy, early adopters, including terrorists and violent extremists, are exploiting a law enforcement blind spot. The ease by which money laundering and terrorism financing take place with cryptocurrencies and the more dangerous privacy coins are becoming a security threat of […]
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Ronin Network’s native token RON recorded 5x gains since the start of the year thanks to its plans to shift to a Delegated Proof-of-Stake (DPoS) consensus mechanism and expand its gaming portfolio beyond Axie Infinity. The gaming-focused layer-2 Ethereum blockchain will change its current Proof-of-Authority to the DPoS consensus mechanism on April 12. The previous […]
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All eyes are on the implosion of crypto banking and bank runs. Unfortunately, there is another poison that will destroy the tech industry — and it’s already eating at the core of newly successful startups. That poison is a change to research and development (R&D) credit rules under section 174. The change passed as part […]
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Regulators in the United States have been piling on the pressure on the crypto space over the last year, even more so in light of the demise of FTX and collapse of Silicon Valley Bank. Now, according to a job posting on the official careers website for the U.S. government, the Securities and Exchange Commission is […]
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