The GENIUS Act, designed to regulate stablecoins in the US, has passed the Senate and is now heading to a debate. It sets clear rules for collateralization and AML compliance, potentially leading to wider institutional adoption of stablecoins. Here’s a breakdown of the bill, its implications, and potential impacts on the crypto market.
AI-Powered Tool Achieves 97% Accuracy in Preventing Crypto Address Poisoning Attacks
Trugard and Webacy have launched an AI-driven system that boasts a 97% success rate in detecting and preventing crypto wallet address poisoning attacks. This innovative tool utilizes machine learning and on-chain analytics to protect users from this increasingly common and costly scam.
Beyond the Charts: Developer Activity Fuels Crypto’s True Momentum
While market fluctuations dominate headlines, the real progress in crypto lies in the dedicated developers building innovative solutions, navigating regulation, and pushing the boundaries of AI and blockchain integration. Explore the key areas driving crypto’s future growth.
Yield-Bearing Stablecoins vs. Banks: A Deep Dive into the Looming Financial Disruption
Explore the rising popularity of yield-bearing stablecoins and how they’re causing concern among traditional banks, potentially disrupting established financial models. Learn about the perspectives of experts like NYU Professor Austin Campbell and the SEC’s involvement.
Crypto.com Expands into EU Crypto Derivatives Market with New License
Crypto.com obtains a MiFID license to offer cryptocurrency financial derivatives in the European Economic Area, expanding its services after securing MiCA approval. This move follows a trend of crypto firms venturing into the derivatives market.