Author: Yeek.io

New research from the Bank of England suggests that emerging privacy technologies such as zero-knowledge proofs could enhance user control over data in a digital pound. The Bank of England has suggested that zero-knowledge proofs and other privacy-enhancing technologies — also known as PTEs — could be viable components of a potential digital pound. In its latest report called “Enhancing the Privacy of a Digital Pound,” the central bank said that such technologies as pseudonymization, ZK-proofs, and secure multiparty computing, “might feasibly be applied to digital currency systems such as the digital pound to minimize the sharing of data both…

The US Department of the Treasury issued a semiannual regulatory agenda on August 16, 2024, proposing a revised definition of “money” to include cryptocurrencies and other digital assets. This redefinition essentially brings cryptocurrencies under the same legal and regulatory framework as traditional fiat currencies; they will now be subject to regulations like the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML).    It seems more like a move to level the regulatory playing field between digital assets and fiat currency. And close chasm that exists between both regulatory wise.  But is that all to it? Is it feasible? Will it work?…

PEPE surpassed UNI to become the 23rd largest cryptocurrency by market capitalization after a significant rally. PEPE saw a new all-time high, with rising Open Interest suggesting potential for continued momentum. Pepe [PEPE], a rapidly rising memecoin in the cryptocurrency market, has achieved a significant milestone by overtaking Uniswap [UNI] in market capitalization.  According to data from CoinGecko, PEPE now ranks as the 23rd largest cryptocurrency by market cap, pushing UNI down to 25th place. This shift reflects the increasing momentum of memecoins within the broader crypto ecosystem. The development also comes amid PEPE’s sustained upward trend, with its market cap…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. For years, blockchain interoperability has been a buzzword and a top priority within the crypto and web3 industry. Despite numerous platforms, protocols, and projects dedicated to solving the lack of inter-blockchain communication, broad interoperability within the widening ecosystem remains out of reach. Despite the up-and-down crypto price swings we’ve seen lately, the foundation of the digital assets sector, which includes blockchain, is much more mature, stable, and focused on solving real-world problems. We’ve also seen blockchain technology…

Digital assets markets started off the week in the red after Bitcoin (BTC) lost the $100,000 level and fell to $97,470, dragging most altcoins into corrections as well. According to crypto data aggregator CoinGlass, there have been over $567 million in liquidations in the last 24 hours, most of them leveraged long positions in Bitcoin. Closely followed analyst Rekt Capital tells his 519,000 followers on the social media platform X that the correction in altcoins has happened at a key point of resistance in the OTHERS chart, which tracks the total market of digital assets excluding the top 10 and…

On-chain data shows that long-term Bitcoin holders have been selling recently as their profits have ballooned to notable levels after the price surge. Bitcoin Long-Term Holders Have Been In Huge Profits Recently As CryptoQuant community analyst Maartunn explained in a new post on X, the long-term holders have sold big in the past month. The “long-term holders” (LTHs) refer to the Bitcoin investors who have been holding onto their coins for more than 155 days. This cohort includes the most relentless hands of the market, who rarely sell regardless of whether a rally or crash is going on. These investors…

Este artículo también está disponible en español. Bitcoin (BTC) closed the week above the $100,000 mark for the first time in history, concluding the crypto’s massive week with another milestone. However, a market watcher has warned investors that historical patterns could soon lead the flagship crypto to a big correction. Related Reading Bitcoin First Weekly Close Above $100,000 Bitcoin hit the $100,000 milestone nearly a week ago, passing the psychological barrier for the first time. After its massive feat, the largest crypto by market capitalization faced its largest retrace since Trump’s victory in the US presidential elections. BTC briefly dropped…

Decades from now, there will be many stories to tell about the early days of Ethereum. We will remenisce about how a peculiar and powerful technology began to change the landscape of trust on the internet. Some will remember being skeptical, while others may claim to have known all along that it would change the world. Those future stories are out of reach for us – obscured as all things are by the challenges and uncertainties of the present moment. But there are other stories out there, right now, that we need to listen to. Stories of people; of their…

Tap-to-earn gaming has experienced a significant decline in user engagement and retention, even as blockchain gaming continues to grow. Notable titles like Hamster Kombat, Notcoin, and Catizen have reported substantial drops in active users. For instance, Hamster Kombat saw its user base plummet from 300 million in August to just 41 million by early November, marking an 86% decrease. Additionally, the Ton blockchain that supports these games experienced a significant decline in daily active wallets, dropping from over 1 million in September to fewer than 500,000 by December. Furthermore, Google Trends indicates that search interest in “tap to earn” decreased…

Homepage > News > Business > Google wants to overturn ruling in case against Epic Games Google (NASDAQ: GOOGL) has called on a California appellate court to overturn the ruling in its case against Fortnite maker Epic Games, where it was found guilty of anticompetitive practices. In a long-running court battle that started in 2020, Epic Games accused Google and Apple (NASDAQ: AAPL) separately of blocking rival app stores from their Android and iOS ecosystems, respectively. In December 2023, a jury in San Francisco sided with the gaming firm, and then two months ago, U.S. District Judge James Donato ordered Google…