The Ethereum scaling solution, Arbitrum (ARB), experienced a major downtime event on December 15, resulting in the network being inaccessible for over 60 minutes. The incident prompted an immediate investigation into the cause of the problem and the deployment of a fix. This article analyzes the implications of this downtime event and its impact on
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As the world of digital currencies continues to evolve, the adoption and use of Bitcoin (BTC) by developing countries are becoming increasingly prominent. This trend has caught the attention of investment giant Franklin Templeton, with its Head of Digital Asset & Investor Advisory Services, Sandy Kaul, expressing her views on the future role of Bitcoin
The U.S. Securities and Exchange Commission (SEC) has denied a petition from cryptocurrency exchange Coinbase, which requested the development of new rules for digital asset securities. In a response letter to Coinbase, the SEC stated that it believes the requested rulemaking is currently unwarranted and therefore denies the petition. This decision concludes a lengthy back-and-forth
In a groundbreaking partnership, Patientory Inc. has joined forces with the Wharton Impact Venture Associates (WIVA) students in a capital raise agreement. This strategic alliance aims to address the healthcare industry’s challenges regarding data accessibility by leveraging blockchain technology. Embarking on a mission to revolutionize healthcare, Patientory and WIVA are set to make a profound
The Securities and Exchange Commission (SEC) is set to implement new disclosure requirements for public companies regarding the disclosure of material cybersecurity incidents. These new rules aim to provide investors with timely and consistent information about the risks associated with cybersecurity. While the requirements have been modified following the comment period, they still have significant
The first ever BRC-20 token Ordinals (ORDI) has experienced a significant surge of +32% recently, breaking out of a period of consolidation. However, despite this impressive rally, there are concerns that the price could retrace and threaten the overall market structure. Investors are now wondering whether it is too late to buy ORDI and whether
The Securities and Exchange Commission (SEC) Chair, Gary Gensler, has shown indications of a potential change in his stance on spot Bitcoin exchange-traded funds (ETFs) for American investors. This shift comes after Grayscale’s recent legal triumph and the court’s ruling that the SEC made an incorrect decision in denying approval for Grayscale’s proposed Bitcoin ETF.
Bitcoin, the pioneer and most valuable cryptocurrency, experienced a tumultuous journey in recent days. It reached a peak of $44,700, the highest in 19 months, only to retrace back to $44,000 for the rest of the weekend. The beginning of the week brought further negativity as the price plummeted to under $41,000. Tuesday was no
Cardano (ADA) has been making significant strides in the cryptocurrency market, surpassing key resistance levels and outperforming other major digital assets. With its recent rally, ADA shows potential for further upward momentum and could reach new highs in the coming weeks. After establishing a strong foundation above the $0.500 mark, Cardano initiated a steady uptrend.
The gaming industry is constantly evolving and seeking out new ways to enhance the gaming experience for players. One of the latest collaborations making waves in the industry is between Moonlit Games and Merit Circle’s Avalanche Subnet Beam. The partnership aims to redefine gaming experiences in the blockchain domain by combining Moonlit Games’ expertise in