On April 20, the European Parliament voted to pass the Markets in Crypto-Assets (MiCA) regulation, the European Union’s main legislative proposal to oversee the crypto industry in its member countries. The MiCA regulation is a significant development for the crypto industry in the European Union. Prior to MiCA, crypto companies had to comply with 27 different regulatory frameworks across the…
In brief Meme coins and tokens are based on Internet memes, current events, online communities and influencers. Since Elon Musk started championing Dogecoin, they have proliferated, with two of the most popular including Shibu Inu coin, and Safemoon. Influencers have always featured prominently in cryptocurrency culture, but never more so than recently. When Elon Musk threw his weight behind the…
Web3 users can now register decentralized .eth domains on the Ethereum Name Service (ENS) protocol using a host of fiat payment options, including Apple Pay, and Google Pay, as well as debit and credit cards, ENS announced the launch of a new fiat on-ramp for domain registrations through Web3 fiat payment gateway MoonPay on April 20. Registrations of .eth domains…
XSET gamer and content creator Brycent tells Decrypt’s Kate Irwin about how entrepreneur and VeeFriends creator Gary Vaynerchuk first reached out to him. Source: https://decrypt.co/videos/interviews/xL8pz64R/brycent-on-meeting-gary-vaynerchuk-through-web3-gaming
The past few weeks have seen a wave of zero-knowledge proof project launches, including Polygon’s zkEVM and Matter Lab’s zkSync Era on mainnet, and the Linea zkEVM from ConsenSys on testnet. They join StarkWare’s long-running StarkEx solution and its decentralized cousin StarkNet along with a variety of other projects in development from Polygon (Miden, Zero, etc.) and Scroll. They all…
XSET gamer and content creator Brycent tells Decrypt’s Kate Irwin about the problem with gaming NFTs—and what needs to happen instead in the next generation of Web3 games. Source: https://decrypt.co/videos/interviews/P97zCeID/brycent-on-web3-games-and-the-problem-with-nft-value
The pilot for Russia’s central bank digital currency (CBDC) pilot should have been launched on April 1, but it was delayed at practically the last moment due to the slow pace of the necessary associated legislation passing through parliament. However, with the launch of the pilot still possible in May and the general roll-out of the digital ruble scheduled for…
A court in the Netherlands has ruled that Alexey Pertsev, a Tornado Cash developer who was arrested in August by Dutch authorities over allegations of facilitating money laundering, will be allowed to return home next week pending trial. Decrypt has confirmed the news with people familiar with the matter. Pertsev is expected to be released on April 26 without having…
BlockFi, a lender of digital assets, was given additional time to submit a bankruptcy exit plan by a New Jersey bankruptcy judge in the United States on April 19. The cryptocurrency lender filed for bankruptcy in November 2022 and has been reportedly granted a 48-day extension until May 15 to file an exit plan. The crypto firm is exploring a…
Non-custodial staking provider P2P.org has raised $23 million in Series A funding from investors, including Jump Crypto, Bybit, and Sygnum. Founded in 2018, P2P.org provides staking infrastructure for Ethereum and 49 other blockchain programs, including Cardano and Cosmos. The company’s institutional staking solutions, including white label nodes and slashing insurance, have been used to stake more than $1.3 billion worth…
