The official will testify before the Senate Committee on Banking on Sept. 15; in a transcript released early, he reiterates the primacy of securities law in crypto regulation. United States Securities and Exchange Commission chairman Gary Gensler is scheduled to testify before the U.S. Senate Committee on Banking, Housing, and Urban Affairs in a hearing…
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The protocol’s TVL has plunged from around $200 million in September 2021 to less than $125K. Around the same time that a South Korean court issued an arrest warrant for Terra co-founder Do Kwon, Apollo DAO, a decentralized autonomous organization building on the Terra blockchain, said it was closing down its vaults on Terra Classic…
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Accredited institutions can borrow USD OR USDC starting at 6% APR, according to the company. Compound Treasury, a cash management solution for institutions powered by the Compound Protocol, announced on Sept.14 that accredited institutions can now borrow USD or USDC with fixed rates starting from 6% APR, using Bitcoin, Ethereum, and supported ERC-20 assets as…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news…. Read More: Argentinian Tax Body Closes Net on Illegal Crypto Mining, S Koreans Wouldn’t Date a Bitcoiner + More News Read more »Sign up for e-EUR – the progressive stablecoin
Ethereum is transitioning to a more sustainable architecture — the long-awaited Merge. The project, which is said to be the culmination of nearly three years of work on the Ethereum blockchain, is expected to be one of the most pivotal events in the history of the crypto industry…. Read More: Here’s Why Ethereum Merge Could Create…
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As the Ethereum blockchain awaits the Merge and its full transition to proof-of-stake (PoS), a broader discussion about miners and their future has emerged. As things stand, the Ethereum blockchain market is incredibly fragmented. The Merge is expected to usher in a new era in which validators and coin stakers replace miners. Miners who have…
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As cryptocurrency assets continue to be developed, investors are looking for undervalued assets with the potential to surge in value in the long run. Tamadoge (TAMA), a new blockchain gaming token, recently exceeded yet another fundraising goal. With the digital asset currently on a roll, it may be the most valuable presale in the crypto…
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With Ethereum’s Merge due to happen tomorrow, new research from analytics firm Nansen has revealed that 64% of all ETH staked in the platform’s Beacon Chain is controlled by only five entities. Of the big five, Lido leads the way with 31% of all staked ETH, while centralized exchanges Coinbase, Kraken and Binance control a…
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A warrant for the arrest of Do Kwon and five others has reportedly been issued by prosecutors in South Korea. The prosecutors allege that Kwon and his co-accused violated the country’s capital markets law. In addition to the arrest warrant, prosecutors will reportedly request an Interpol red notice for the Terraform Labs chief executive officer.…
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Cryptocurrency prices plunged in today’s session, as markets reacted to the latest U.S. inflation report. Bitcoin fell by over $2,000 in the last 24 hours, as consumer prices fell by less than expected in the United States. Ethereum was also in the red, as the token dropped below $1,600. Bitcoin Bitcoin (BTC) was trading lower…
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