Andre Cronje critiques appchains: High costs and liquidity challenges
While Cronje highlights concerns about L2 appchains, others argue that emerging solutions can address these challenges.
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The United States updates its crypto AML/CFT laws
Against great push back from the crypto industry and as the price of Bitcoin (BTC) reached new all-time highs several times during the last couple of months, the United States has updated its cryptocurrency Anti-Money Laundering/Combating the Financing of Terrorism laws.Related: COVID-19 pandemic spurs crypto law updates in J5 countriesThe Anti-Money Laundering Act of 2020…

Gemini Crypto Exchange Undergoes Security Compliance and Data Protection Audit
Gemini crypto exchange, founded by brothers Cameron and Tyler Winklevoss, completed a SOC 2 Type 1 security compliance review, according to a post made on their Medium blog on Jan 29. An organization that undergoes a Service Organizational Control (SOC) 2 audit aims to ensure that it has met the service criteria set by the American Institute…

Bitcoin Retakes $9K — 3 Technical Reasons There’s Still Room to Run
The price of Bitcoin (BTC) surged above $9,000, demonstrating a decent recovery in the last 24 hours. Market data shows a further upsurge to the $9,300 to $9,400 range is likely in the near-term.Three key reasons increase the probability of a minor rally: liquidation of 25x to 50x shorts are at $9,300, whales using the…

Bitcoin dip below $40K follows Fed signal of a possible fourth rate hike in 2022
BTC’s abrupt drop to $39,650 came after the Federal Reserve floated the prospect of a fourth rate hike in 2022. 1297 Total views 22 Total shares Global financial markets, stocks and cryptocurrencies took a knock on Jan. 10 after rumors that the Federal Reserve may hike interest rates four times in 2022 circulated and sparked…

Pendle Finance raises $3.5M to launch secondary market for DeFi yields
The company is building a tokenization platform to better enable users to manage their DeFi yields. 5926 Total views 18 Total shares Pendle Finance, a decentralized finance protocol that allows users to tokenize and sell future yields, has completed a private investment round worth $3.5 million to power the next phase of its platform’s evolution. The…

Sam Bankman-Fried files memo asking court to block prosecutor evidence
The FTX founder has filed a memorandum asking the court to deny recent requests filed by the Department of Justice, calling them “unworkable.” 427 Total views 2 Total shares Sam Bankman-Fried, the founder and former CEO of defunct cryptocurrency exchange FTX, filed a memorandum on Sep. 1 asking the court to deny the prosecutor’s in limine

Bitcoin Holds Above $4,000 Amid Checkered Market Outlook
Wednesday, Jan. 9 — crypto markets are continuing to show mixed signals, with most of the top market cap coins seeing mild changes both red and green. Bitcoin (BTC) is holding justabove the $4,000 mark, as Coin360 data shows.Market visualization from Coin360Top cryptocurrency Bitcoin (BTC) has been jaggedly trading sideways over the past three days,…

Coinbase pauses support for Signature Bank’s Signet: Report
The U.S. crypto exchange was reportedly looking for another payment network provider and waiting on the outcome of the situation with Signature. 257 Total views 8 Total shares Own this piece of history Collect this article as an NFTMore than a week after New York regulators closed the crypto-friendly Signature Bank, Coinbase has reportedly stopped…