Author: John Smith

ERC20 is a standard that allows developers to build their cryptocurrencies on the Ethereum network. It has made it easier for businesses to establish their blockchain services rather than creating their own blockchain starting from scratch. Startups are benefiting from the ERC20 token. Many companies have also raised millions of dollars through token sales. EOS, Tron, and VeChain were first released as ERC20 tokens and have been converted to their mainnets. Summary (TL;DR) History: It was proposed in 2015 by Vitalik Buterin and Fabian Vogelsteller. In EIP-20, they specified a standard interface for tokens. Here is the link to original…

Key Takeaways BiT Global accused Coinbase of unfair business practices, alleging that the exchange’s decision was intended to promote its own wrapped Bitcoin product, cbBTC Coinbase defended its decision to delist wBTC was motivated by concerns over the potential for the token’s control to fall into the hands of Justin Sun.  A U.S. District Court has ruled in favor of Coinbase, allowing the company to proceed with its plan to delist Wrapped Bitcoin (wBTC) despite a legal challenge from BiT Global, a Hong Kong-based firm with ties to Justin Sun, co-founder of the Tron blockchain. On December 19, U.S. District…

Coinbase as a platform is easily one of the best cryptocurrency exchanges available in the crypto industry. Not only does it attract professional-level traders with decent knowledge about the crypto market, but also beginner-level investors can use the platform effectively. Statistically, there are around 43 million global Coinbase users, and 2.8 million of them engage in crypto exchange each month.  The platform creators have focused on ensuring top-notch usage quality for their users, and the latest focus is on Coinbase NFTs showcase. Multiple companies in industries like gaming and retail are understanding the benefits of NFTs, and Coinbase aims to centre…

Bitcoin’s recent price surge has driven up mining equipment costs, with Shenzhen’s Huaqiangbei district—a global hub for crypto hardware—seeing a notable 30% price hike.   According to a report by Wen Wei Po, the price of the Antminer S21 335T, a mining device, has now reached $5,600, or around RMB 40,700, climbing up by 30% compared to last year’s price of $3836.19, which comes to 28,000 RMB. There is even much higher demand for the Antminer S21 XP, a raw mining device with water-cooling facilities, which has continued to cause stockouts on Bitmain’s official website.  Huaqiangbei merchants report a surge in…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Wall Street Pepe empowers traders with actionable insights, while Pepeto enriches the meme coin space with utility-rich tools and cross-chain solutions. Wall Street Pepe: Empowering traders with insights and rewards Wall Street Pepe (WEPE) positions itself as a meme coin designed to support smaller traders in navigating the fast-paced crypto market. Amid Bitcoin’s surge and a fresh wave of retail investment spurred by recent political shifts, WEPE seeks to provide tools that democratize access to lucrative opportunities. Central to…

Key Takeaways Prosecutors dubbed the embezzlement as a deliberate effort rather than an impulsive action.   Meissner’s legal team cited a history of substance abuse and highlighted his acknowledgement of wrongdoing Dylan Meissner, the former vice president of finance at the crypto research firm Delphi Digital, has been sentenced to four years in prison for embezzling approximately $4.5 million from the company. The sentence, issued by Judge Michael P. Shea of the Connecticut District Court on December 17, includes an additional order for Meissner to pay over $4.6 million in restitution, which accounts for both the embezzled funds and an unpaid…

Key Takeaways  Prosecutors allege he omitted crypto holdings amounting to 9.9 billion won from his financial disclosures  Kim allegedly converted undeclared crypto earnings into other digital tokens and transferred them into bank accounts.  South Korean lawmaker Kim Nam-kuk is facing potential imprisonment over allegations of failing to disclose crypto holdings during mandatory asset declarations in 2021 and 2022. Prosecutors have requested a six-month prison sentence for Kim, citing concerns over transparency and ethical conduct for public officials. As per local media reports, Kim, who previously served as a member of the Democratic Party, declared assets worth 1.2 billion Korean won…

Justin Sun’s team reportedly complained to Bullish, CoinDesk’s owners, regarding an article about Sun eating the world’s most expensive banana. Sources say Bullish demanded CoinDesk remove the article. According to a Fortune report published on Dec. 18, the Tron (TRX) founder’s team allegedly went to Bullish, a crypto exchange firm that bought the media outlet for $75 million last year, to demand the removal of an article about Justin Sun eating Maurizio Cattelan’s $6.2 million dollar banana artwork. The article was published in late November with the title “I Watched Justin Sun Eat the World’s Most Expensive Banana. I Don’t…

Key Takeaways Under the agreement, the government will no longer require businesses to accept bitcoin Public sector involvement in BTC-related transactions will be limited, and government purchases of bitcoin will be scaled back. El Salvador has finalized a $1.4 billion loan agreement with the International Monetary Fund (IMF), following the country agreeing to reduce its emphasis on bitcoin-related policies, which have been a source of international debate since El Salvador made BTC legal tender in 2021. The IMF deal, set to span 40 months, includes measures aimed at lowering the country’s debt-to-GDP ratio while mitigating risks associated with bitcoin’s volatility.…

Coinbase has successfully fended off a restraining order sought by BiT Global as a California court ruled in favor of the exchange’s decision to delist Wrapped Bitcoin.  The Hong Kong-based company BiT Global is allegedly tied to crypto entrepreneur and TRON founder Justin Sun who had sought the order to prohibit Coinbase from removing Wrapped Bitcoin (wBTC), arguing it would inflict irreparable damage to its business. The ruling from U.S. District Judge Araceli Martínez-Olguín permits the delisting to move forward as scheduled. As covered by crypto.news earlier, the American cryptocurrency exchange giant Coinbase revealed on Nov. 19 that it would…