BIS study questions decentralization in DeFi liquidity provision

Hong Kong's crypto regulations coinciding with the white paper released in Beijing pique interest. 1487 Total views 11 Total shares Beijing, the capital city of China, has reportedly unveiled a white paper with the objective of fostering innovation and advancing the web3 industry.The Zhongguancun Forum witnessed the release of the "Web3 Innovation and Development White…

DJ PLS&TY has launched 30 limited edition vinyls of his latest EP on an Ethereum-based art and culture platform. Tommy Leas, professionally known as DJ PLS&TY in the electronic dance music industry, has launched the vinyl record of his “Very Special” EP record on the Ethereum-based art and culture exchange platform, Foundation.Foundation allows artists to…

Despite a blanket ban on cryptocurrencies imposed by Beijing in 2021, many Chinese courts over the years have established that virtual asset holders have property rights. 245 Total views 7 Total shares People’s courts in China exercise judicial power independently and are not subject to interference by an administrative or public organization. These courts try

Payment provider Nuvei has launched support for nearly 40 crypto assets including lesser-known coins from previous market cycles, such as Reddcoin, Steem, Bitcoin Gold, and Siacoin. 1726 Total views 18 Total shares E-commerce merchants can now transact in nearly 40 cryptocurrencies through global payment platform Nuvei. According to the announcement, merchants partnered with the payment provider…

A Lido DAO member raised concerns over what impact the SEC’s crackdowns on staking could mean for the future of DeFi in the U.S. 524 Total views 3 Total shares Own this piece of history Collect this article as an NFTA crackdown by the United States securities regulator on crypto staking could have unintended consequences…

Cryptocurrency books aimed at novice users or non-users tend to follow a very similar pattern. Almost all start with an obligatory “history of money” and explain why fiat is, let's say, "flawed," — to be polite. Then Bitcoin (BTC) in introduced, wielding a fistful of shiny new tech that can address some of these issues.The…

Tether, USD Coin, and Binance USD have posted triple-figure market cap growth this year. 401 Total views 10 Total shares Crypto market data aggregator Messari reports that the market cap of leading stablecoin Tether (USDT) has surpassed $10 billion for the first time.Alongside Bitcoin (BTC) and Ethereum (ETH), Tether is now one of three crypto…

Bitcoin (BTC) has been trading above $33,600 for the past two days, indicating that the bulls are not rushing to the exit. After a sharp rally, if the price does not give up much ground, it may cause FOMO and ignite another round of buying. That could push the markets further into overbought territory. However

Steve Chen, the mastermind behind the $147 million Gemcoin cryptocurrency scheme, has admitted to wire fraud and tax evasion in a plea agreement.The 62-year-old Southern California resident agreed that he and other co-conspirators fraudulently promoted a cryptocurrency called Gemcoin (or Gem Coins) that helped fleece $147 million from 70,000 victims.Chen, also known as “Boss,” reported…