Republic Crypto and Upside have collaborated to create ERC-1404 Prime, an updated version of Ethereum’s ERC-1404 technology. This new standard enhances transfer restriction complexities, preparing tokens for future permutations where decentralized and centralized finance may merge. It aims to align with regulatory expectations and industrial demands, and cultivate assets capable of thriving in uncertain future conditions.
Day: June 28, 2023
Navigating Regulatory Turbulence: The Shifting Landscape of Cardano’s Pricing Trajectory
The SEC’s allegations against 64 cryptos, including Cardano’s ADA token, have caused market instability and price fluctuations. With heightened regulatory scrutiny, ADA’s price struggled, falling from its May peak of $0.45 to $0.22 in June. The token’s future remains uncertain amidst fears of further losses and delisting from the Robinhood trading app.
The BlockFi Debacle: Bankruptcy Resolution or Complete Liquidation – Which Path Leads to Better Recovery?
“Creditor committee alleges defunct crypto lender BlockFi’s management of fraud and delay tactics amid bankruptcy proceedings. BlockFi’s recent filing suggests a potential 39%-100% recovery for account holders. Still, the question arises whether liquidating the company is the best course for the creditors.”