As a crypto investor with several years of experience in the space, I’m excited about the recent development surrounding Zyfi and their plans to bring account abstraction to the Ethereum ecosystem through zkSync. Gas fees have long been a major pain point for users looking to engage in decentralized finance (DeFi) activities, and solutions like … Read more
As a researcher with a background in cryptocurrencies and blockchain technology, I find the current situation of Bitcoin (BTC) and Ethereum (ETH) exchange balances dropping to four-year lows quite intriguing. The data from Glassnode reveals that investors have been holding onto their assets rather than selling them on centralized exchanges. Bitcoin and Ethereum user balances … Read more
As a researcher with experience in the cryptocurrency and financial regulation field, I find South Korea’s recent decision to regulate certain NFTs as regular cryptocurrencies an intriguing development. The Financial Services Commission (FSC) has issued new guidelines to clarify how non-fungible tokens (NFTs) should be regulated in the country. According to these guidelines, NFTs that … Read more
As an experienced analyst in the cryptocurrency sector, I see Bybit’s decision to relocate its Chinese employees to Malaysia and Dubai as a strategic move towards maintaining compliance while expanding market reach. China’s strict regulations on cryptocurrency activities make it challenging for exchanges to operate within the country’s borders. Bybit’s proactive approach to this issue … Read more
As an experienced analyst in the crypto industry, I am impressed by the Seychelles’ strategic positioning in the global crypto market. The country’s commitment to creating a transparent regulatory framework and investor incentives is attracting a significant number of crypto businesses, making it a dominant player with around 20% of the world’s cryptocurrency exchanges. The … Read more