Celsius requests permission to sell off its stablecoins
The crypto lending firm intends to get the liquidity and support its operations with the funds from the sell-off. Celsius Networks, a crypto lending company that had frozen withdrawals in…
Does Ethereum’s new ETHPoW fork stand a chance? ETHW price falls 65% post-Merge
Nonetheless, ETHPoW is gaining adoption among top mining pools and crypto exchanges. ETHPoW, a separatist proof-of-work (PoW) blockchain forked from Ethereum’s Merge, went live on Sept. 15. However, the chain…
‘Green ETH’ narrative to drive investment and adoption, say pundits
Post-Merge Ethereum has now detached itself from the “crypto mining is bad for the environment” narrative, following its transition to proof-of-stake. The shedding of Ethereum’s energy-intensive proof-of-work (PoW) system is…
US Senator Wants Congress to Step in With Crypto Guidance — Urges SEC to Provide Much More Clarity on Regulations
U.S. Senator Pat Toomey says Congress should step in and provide a regulatory framework for cryptocurrency. He stressed that the U.S. Securities and Exchange Commission (SEC) is not sharing its…
US Treasury Clarifies How to Comply With Regulations on Sanctioned Crypto Mixing Service Tornado Cash
The U.S. Department of the Treasury has answered some questions on regulatory compliance relating to Tornado Cash, a recently sanctioned crypto mixer. The answers include how to withdraw crypto or…
Cryptocurrency Is Virtual Property That Is Protected by Law, Chinese Court Rules
A Chinese intermediate court based in Beijing recently upheld a lower court’s ruling which determined that cryptocurrency is a virtual property protected by the law. The court clarified that regulations…
Biggest Movers: ATOM Moves Closer to 4-Month High, LINK Also Higher
Cosmos was once again in the green, as the token moved closer to a four-month high during Friday’s session. Prices rose past a key resistance level during the day, as…