Ethereum
PayPal Puts Stablecoin Project on Hold: Bloomberg
Yesterday it was reported that PayPal crypto partner Paxos was being by the NYDFS Source link
Monat: Februar 2023
Bitcoin
An Ode to LocalBitcoins (and a Lesson About Maintaining Bitcoin’s Public Goods)
Before the imposition of those compliance mechanisms, LocalBitcoins was a useful tool for people to enhance their privacy on-chain. But even after, the stripped-down service helped facilitate a native bitcoin economy – the platonic ideal […]
Market Analysis
Celsius Seeks to Raise $14.4M Through Bitmain Coupons
Celsius has filed a proposal to liquidate Bitmain coupons and credits for $14.4 million as it risks hitting a liquidity wall. The liquidity trouble deepened for the crypto lender after the court ordered it to […]
Regulation
Stablecoin Issuer Tether's Reserves Partly Managed by Cantor Fitzgerald: WSJ
The Wall Street bond trading powerhouse is managing Tether’s $39 billion bond portfolio, according to the report. Source link
Ethereum
Stablecoins Are Not Worth the Risk
In theory, stablecoins could be used widely for ordinary payments. But no stablecoins show signs of functioning at scale. High fees, slow processing speeds and other barriers make them expensive and inconvenient. Nor are they […]
Bitcoin
28 Hours in the Sewer: Yuga Labs’ Dookey Dash Game Kept Players Running
In the Web3 giant’s first skill-based mint, almost 26,000 holders of Sewer Pass NFTs played the game for a cumulative time of 80 years – promising numbers for Yuga’s metaverse initiatives. Source link
Market Analysis
Chiliz (CHZ) price cools after hitting 2-month high
Chiliz launched a new layer-1 blockchain that’s EVM-compatible. The price of the native token CHZ rose more than 20% to a two month high above $0.17. Profit taking today has seen it decline over 7% […]
Regulation
SEC Did Not Consult Industry Before Kraken Crypto Staking Charges: Commissioner Peirce
“We had not tried to sit down with people in the industry” to discuss staking, the process by which crypto holders delegate their tokens to validators in order to earn crypto rewards, Peirce said. She […]
Altcoin
More Than $2 Billion in USDC Redemptions in 30 Days – Altcoins Bitcoin News
It appears that the circulation of the stablecoin usd coin has decreased while tether’s has grown, as the latest statistics paint a contrasting picture. Tether saw a 3% increase in coins in circulation over the […]
Ethereum
SEC Chief Gensler Warns Crypto Firms to Comply With Rules After Kraken Shutters Staking Program
“330 million Americans are our clients,” Gensler replied. “Kraken knew how to register, others know how to register, it’s just a form on our website… And if they want to offer staking, we’re neutral, come […]
