Analysts warn of further Bitcoin downside — Could BTC revisit $42K?

Tron’s primary DeFi project whitelisted what looks like a scam. The Tron (TRX) community is accusing the Just Foundation of whitelisting a “DeFi project” that eventually pulled an exit scam, pocketing about $2 million in TRX tokens.According to a post on Tron’s subreddit, the foundation created a token whitelist for its Uniswap clone, JustSwap, to…

Sam Bankman-Fried is willing to testify before the Financial Services Committee of the U.S. House of Representatives on Dec. 13. 1386 Total views 8 Total shares Own this piece of crypto history Collect this article as NFTWelcome to Law Decoded, your weekly digest of all the major developments in the field of regulation.So, Sam Bankman-Fried,…

DeFi hits new heights with more than 1,000 new assets added in May and total user numbers reaching 550,000. Decentralized finance (DeFi) continues to grow at an exponential rate with the number of new DeFi assets increasing by almost ten fold over the same time last year. Zerion DeFi project founder Evgeny Yurtaev shared a graphic…

The Bank of China has recently issued 20 billion Chinese yuan ($2.8 billion) of special bonds, which it has sold in order to fund small and micro-enterprise businesses, according to the China Development Network. This recent issuance of $2.8 billion in bonds is nothing to look twice at and was largely expected, given the bank's inclusive small…

Former FTX CEO Sam Bankman-Fried reportedly donated roughly $40 million directly to political candidates and PACs in 2022 before the collapse of his crypto exchange.

An independent report prepared for a House committee suggests the government foster the development of digital asset technology and regulate it cooperatively. 207 Total views 1 Total shares While the cry for crypto regulation is becoming ever louder in much of the world, and regulation by enforcement is a controversy, a report prepared for the…

The major disconnect between crypto traders’ growing short-term market uncertainty and crypto builders becoming more bullish than ever creates a prime setup for long-term investors, according to a crypto hedge fund founder. “This is one of the starkest divergences I’ve seen in sentiment and fundamentals,” BlockTower Capital founder Ari Paul said in a March 14

Crypto exchange OKEx has issued an official statement today, August 3, in response to its forced liquidation of a colossal misfired Bitcoin (BTC) futures trade worth a notional $416 million that was initiated by an unidentified problem trader earlier this week. OKEx, currently the world’s second largest exchange by traded value, has said that its…

South Korea will get a separate security tokens market operated by Korea Exchange. 435 Total views 11 Total shares Guidelines for security tokens in South Korea will be announced by the end of 2022. Simultaneously, the pilot market with a regulatory sandbox will be launched before the formal institutionalization. Chief South Korean financial regulator, the Financial…