Sell or stake: Ethereum staking giant Lido mulls choices for its $30M ETH
While LidoDAO’s current inflows of about 1000 stETH are sufficient to cover operating costs for the time being, it’s worried...
Month: February 2023
Crypto regulation decided by Congress, not the SEC: Blockchain Association
The group's policy head doubted a divided Congress can create crypto legislation but said it doesn’t give regulators absolute authority...
Breaking: Circle squashes rumors of planned SEC enforcement action
Rumors swirled on Twitter that the stablecoin issuer received a litigation notice from the U.S. securities regulator but a Circle...
Southeast Asia’s Largest Bank DBS Unveils Plan to Expand Crypto Services in Hong Kong
DBS, the largest bank in Southeast Asia, has unveiled its plan to expand its crypto services in Hong Kong. “We...
Report: South Sudan Government Bans US Dollar Transactions
The government of South Sudan has reportedly prohibited U.S. dollar-based transactions and has directed that all local payments be settled...
NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours
The Blur non-fungible token (NFT) marketplace launched its native token this week, and users who were awarded token allotments received...
Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake
Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States,...
Charity tied to former FTX exec made $150M from insider trading: Report
The former FTX chief of staff reportedly ‘donated’ FTT tokens he had obtained at a price of $0.05, later selling...
Binance CEO: crypto industry will probably move to non-dollar stablecoins
The Binance CEO claimed that algorithmic USD stablecoins may become more popular as well, although they “have risks.” The crypto...
Ethereum’s $1.5K support weakens as ETH traders turn slightly bearish
ETH derivatives data shows bulls becoming less inclined to defend the current price level, creating an opportunity for more downside....
Blockchain Association files amicus brief in Wahi case, says SEC exceeded authority
The industry group cited the Supreme Court’s recently reaffirmed “major questions” doctrine and listed ways the SEC’s alleged regulation by...
Siemens issues €60M digital bond on a public blockchain
Siemens shared that the process of issuing digital bonds is much faster and more efficient than traditional bond-issuing methods. German...
Digital Asset Provider Raises $65M in Series B Led by Credit Suisse
The company said the funds will be used to expand Taurus' new offices in Europe, the UAE, and later in...
US lawmakers and experts debate SEC’s role in crypto regulation
Senator Tim Scott questioned whether the SEC had been "asleep at the wheel" amid major bankruptcies in the crypto space...
Expect the SEC to use its Kraken playbook against staking protocols
Some observers have suggested the SEC’s action against Kraken will push users toward DeFi protocols. The reality is that the...
