Blockchain

Google Play Takes Action Against Unregistered Crypto Exchanges In a decisive move prompted by South Korean regulators, Google Play has blocked access to 17 unregistered overseas crypto exchanges catering to local users, aiming to enhance regulatory compliance and protect consumers. Credit: Image by Yahoo via YAHOO NEWS Background and Context The recent decision by Google…

Bitcoin Price Struggles at Key Levels Amid Rising Outflows As Bitcoin exchange outflows soar, reaching their highest since July 2024, experts predict a critical breakout is near. To confirm potential bullish momentum, BTC must reclaim the key 20-week EMA level, currently at $88,682, which has historically indicated significant price rallies. Credit: Image by Yahoo via…

KYC Integration for Uniswap: PureFi’s New Approach PureFi has launched its zero-knowledge proof-based KYC and AML integration for Uniswap, promising enhanced security and compliance for decentralized exchanges. While hailed as a significant step forward, experts raise concerns about its effectiveness in capturing the complexities of DeFi. Credit: Image by Yahoo via YAHOO NEWS Background and…

Ethereum Developers Gear Up for Final Pectra Test As the Ethereum community eagerly anticipates the Pectra upgrade, developers face mounting pressure following unexpected issues during testing. The upgrade, initially set for March, has seen deployments and errors on the Sepolia testnet, raising questions about its April mainnet launch. Credit: Image by Yahoo via YAHOO NEWS…

Fidelity Gears Up for Stablecoin Launch Amid Regulatory Shift Fidelity Investments is reportedly nearing the launch of a US dollar-pegged stablecoin, marking a significant move into the digital assets space as regulatory conditions improve under the Trump administration. This development aligns with Fidelity’s broader strategy to enhance crypto-based services, as detailed in a recent Financial…

Google Releases Gemini 2.5 AI Model, Outpacing Competitors On March 25, Google announced the launch of its latest AI model, Gemini 2.5, which has quickly climbed the ranks to become a leader in web development tools, demonstrating superior reasoning and performance capabilities. Credit: Image by Yahoo via YAHOO NEWS Background and Context The recent launch…

IMX Token Surges 15% Following SEC Investigation Closure Immutable’s token experienced a remarkable surge of 15%, reaching its highest value since early March after the US Securities and Exchange Commission officially closed its lengthy investigation into the Web3 gaming firm. This positive development signals a potential rebound for the crypto gaming giant as investors respond…

North Carolina Proposes Crypto Investment for Retirements Lawmakers in North Carolina have unveiled twin bills poised to allocate up to 5% of state retirement funds to cryptocurrencies, including Bitcoin, marking a significant shift in the state’s investment strategy. Credit: Image by Yahoo via YAHOO NEWS Background and Context The introduction of two significant bills in…

SEC Hosts Four Crucial Crypto Regulation Roundtables The SEC is set to host four more crypto regulation roundtables in 2023, focusing on trading, custody, tokenization, and decentralized finance (DeFi), following its first event in March. The discussions aim to engage experts in identifying regulatory issues and solutions, with sessions scheduled from April to June. Credit:…

Custodia and Vantage Bank Launch America’s 1st Bank-Issued Stablecoin The crypto-friendly Custodia Bank has partnered with Vantage Bank to create what they claim is the first bank-issued stablecoin in America, named ‘Avit’. This innovative stablecoin, built on Ethereum, tokenizes US dollar demand deposits, aiming to reshape the financial landscape. Credit: Image by Yahoo via YAHOO…