Can liquid staking tokens depeg due to market volatility?

CoinMarketCap has withdrawn BNB as the top DeFi token claiming it was a mistake. 434 Total views 5 Total shares CoinMarketCap listed its parent company’s token Binance Coin at the top of its new DeFi list — and then quickly withdrew it following a barrage of criticism.First noticed by podcaster and Twitter user Yannick Eckl…

Qatar-based telecommunications giant Ooredoo Group has launched a blockchain initiative, English-language local media The Peninsular Qatar reports on March 18.Per the report, the company already collaborates with entities in the private, public and academic spaces to develop blockchain solutions. Ooredoo Group CEO Sheikh Saud bin Nasser Al Thani is quoted in the article as stating…

The Financial Supervisory Commission considers itself to be “in the exploratory phase” for crypto exchange-traded funds. 169 Total views 2 Total shares Taiwan’s principal financial regulator, the Financial Supervisory Commission (FSC), is considering allowing crypto exchange-traded funds (ETFs) in the country, but only after analyzing the product’s development in other markets worldwide. At the moment

Commissioner Caroline Crenshaw wants DeFi projects to cooperate with the SEC in order to find solutions for compliance with existing regulations. 988 Total views 23 Total shares SEC Commissioner Caroline Crenshaw has highlighted the benefits of Decentralized Finance while warning of the dangers of failing to embrace a protective regulatory framework in a Nov. 9…

A new NFT drop featuring music industry icons such as Snoop Dogg and Billy Ray Cyrus is bringing together music communities from across the genre spectrum, as well as blockchain networks. 120 Total views 3 Total shares Nonfungible tokens (NFTs) are stepping into the next wave of Web3 with utility capabilities and community building at…

The Berkshire Hathaway vice-chair compares crypto to the dot-com era, blames crypto projects for selfishness. 808 Total views 17 Total shares As 97-year-old investment veteran Charlie Munger continues scolding cryptocurrencies like Bitcoin (BTC), the crypto community is quick to respond to his latest comments.The vice-chairman of Warren Buffett’s Berkshire Hathaway spoke of crypto at Australia's…

John McAfee, arch libertarian, tax fugitive and staunch advocate of cryptocurrencies, is offering 101 survival tips in lieu of investment advice during the pandemic crisis.McAfee appeared on the left-wing podcast Aufhebunga Bunga on April 14, in an episode devoted to the political, economic and civic fault lines that have been exposed by the COVID-19 crisis. Podcast…

Elliptic, the firm which Wall Street Journal sourced the data from, said it was “pleased” to see the news outlet acknowledge its mistakes. 175 Total views 2 Total shares The Wall Street Journal (WSJ) has partially corrected an article whic mischaracterized the extent to which Hamas and other militant groups have been funding its terrorism

As the Bitcoin network hash rate tops 414 EH/s, miners are struggling to stay afloat amid plummeting profitability. 534 Total views 14 Total shares Bitcoin mining revenue or “hash price” — a measure of dollars earned per TH/s per day — has slumped to levels not seen since the collapse of FTX in November 2022,…