In the wake of the U.S. intensifying its clampdown on privacy-oriented software and Zksnacks closing its coordinated coinjoin service, Edward Snowden, the NSA whistleblower and former contractor, has issued a stern warning to Bitcoin developers. Snowden emphasizes that time is running out for enhancing privacy and insists it must be integrated at the protocol level. […] Original
EOS has announced a new solution aiming to improve Bitcoin’s scalability and compatibility with layer-2 networks. EOS Network, a blockchain platform powered by the EOS virtual machine, has announced the development of exSat, a docking layer, aimed at bridging the gap between Bitcoin‘s mainnet and a diverse array of layer-2 scaling solutions within the Bitcoin ecosystem. In a blog announcement on Apr. 10, the exSat Network team said their solution could potentially expand Bitcoin’s data consensus to enhance “interoperability, scalability, and security within the Bitcoin ecosystem.” “By facilitating direct queries…
The largest meme coin on Base is Brett (BRETT), a token that is based on a character from Matt Furie’s Boy’s club comic. Brett has increased in value by 89% in the past week, while MOEW has already recorded double the volume Brett has racked up in the past 24 hours. Source
Last week, Terraform Labs founder Do Kwon grabbed headlines while spot Bitcoin ETFs witnessed a bearish turn. Also, regulators reportedly look at Ethereum. Original
“Working with Fidelity (International) and utilizing zkSync, Sygnum leverages both the power of the blockchain and the experience of a global tier 1 investment manager,” Fatmire Bekiri, Sygnum’s head of tokenization said in a statement. “It’s a prime illustration of our mission to connect crypto and TradFi and build future finance on-chain.” Source CryptoX Portal
The Hong Kong securities regulator has labelled the crypto platform Bybit an unlicensed virtual asset trading platform (VATP). The regulator has also added Bybit’s products to its alert list of suspicious investment products. The Hong Kong regulator also advised the public to stop patronizing unlicensed entities. Regulator Threatens Enforcement Action The Hong Kong Securities and […] Source CryptoX Portal
“The SFC is concerned that these products have also been offered to Hong Kong investors and wishes to make it clear that no entity in the Bybit group is licensed by or registered with the SFC to conduct any ‘regulated activity’ in Hong Kong,” the SFC said. “Last but not least, the SFC will not hesitate to take enforcement action against unlicensed activities where appropriate.” Source
Earlier this month, OJK has been teaming up with financial authorities from Malaysia, Singapore, and Dubai to build a comprehensive crypto policy. These international collaborations, including drafting Memorandums of Understanding with Malaysia’s Bank Negara, Singapore’s Monetary Authority, and Dubai’s Virtual Asset Regulatory Authority, aim to establish a solid framework for crypto policy. Source
Domo, the pseudonymous creator of the Bitcoin network’s BRC-20 token standard, announced on Monday that his non-profit organization, Layer 1 Foundation (L1F), will partner with Bitcoin infrastructure companies UniSat and Best in Slot to serve as BRC-20’s “lead maintainers.” Source
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