The SEC’s Stablecoin Crackdown May Change The Crypto Industry As A Whole
Stablecoins are now in the SEC’s focus. For failing to register the product as a security, it purportedly intends to sue Paxos, a blockchain service Go to Source
Solana Spaces will close New York and Miami stores 7 months after opening
Norby said the “experiment” was part of a plan to onboard more people onto Solana, however the stores didn’t bring in as many users as they initially hoped. Solana Spaces…
Friendsies NFT creators deny ‘abandoning’ project amid rug pull allegations
The Friendsies NFT collection responded to accusations it was behind a $5 million rug pull after announcing a “pause” of the project. Nonfungible token (NFT) collection Friendsies has refuted claims…
Cosmos Interchain Foundation allocates $40M for ecosystem development in 2023
The ICF is also funding projects to drive Cosmos’s adoption and use cases, including programs like the Interchain Developer Academy and Interchain Builders Program. According to a medium post on…
Ethereum price rally hit crucial resistance as institutional investors are in ‘wait and see’ mode
ETH’s rally paused at key resistance levels according to on-chain and technical data, but the downside risk appears limited based on the network’s activity. Ether (ETH) fell short of a…
EthTQ repository available for use
By Sonal Patel, co-chair of the Ethereum Training Quality Working Group Are you searching for resources to build your expertise in web3 concepts? Do you get frustrated when you’re midway…
Coinbase beats Q4 earnings estimates amid falling transaction volume
Transaction volume on the exchange fell 12% in 2022’s fourth quarter, but the firm still beat forecast earnings despite a 57% year-on-year revenue drop. United States-based cryptocurrency exchange Coinbase has…
New York state announces another upgrade to its virtual currency monitoring capacity
The New York State Department of Financial Services did not describe its new capacities, but said they will contribute to the detection of a variety of illegal activities. The New…
Proof of Stake Alliance publishes white papers on legal aspects of liquidity staking
Experts from 10 industry organizations contributed to this pioneering examination of legal questions surrounding proof of stake. The Proof of Stake Alliance (POSA), a nonprofit industry alliance, has published two…
Ethereum derivatives data suggests $1,700 might not remain a resistance level for long
ETH derivatives data shows bullish traders becoming more comfortable with the $1,700 price level, creating an opportunity for further rallies. The price of Ether (ETH) rallied 18% between Feb. 13…
Bitcoin Price Prediction for Today, February 21: BTC/USD Fails to Hold Above $25,000 Level
The Bitcoin price prediction is currently consolidating and seems to be preparing for the next move above the resistance level of $26,000. Bitcoin Prediction Statistics Go to Source
Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower
Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more…
Most Retail Crypto Investors Lost Money Over the Last 7 Years, According to BIS Analysis
According to data from the Bank for International Settlements (BIS), published in the latest BIS Bulletin No. 69, researchers assessed that, on average, most users lost money on their investments…
Original Bitcoin Wizard Artist Raises Nearly $150,000 in BTC via Lightning, Despite Criticism From Bitcoin Maximalists
On Monday, crypto proponent Udi Wertheimer shared a story on Twitter explaining how he and the Taproot Wizards helped an artist who created the original 2013 bitcoin wizard meme raise…
Report: South African Startup Momint Seeks to Boost Electricity Generation Using Blockchain-Based Solution
Using a solution that is based on blockchain technology, the South African startup Momint has said the recently launched Suncash initiative aims to ease the country’s power generation challenges. For…