Crypto Biz: A crypto policy expert may run the SEC

Bithumb has remained quiet despite the second police raid in the course of a week. Bithumb, the largest cryptocurrency exchange in South Korea, is reportedly facing more police raids in Seoul.The Seoul Metropolitan Police Agency has conducted additional search and seizure checks at Bithumb’s headquarters in the Gangnam District on Sept. 7, local publication Seoul…

Project Mariana was developed under the aegis of the Bank for International Settlements. 256 Total views 1 Total shares The Bank for International Settlements (BIS) and the central banks of France, Singapore and Switzerland concluded a joint test of the cross-border trading and settlement of wholesale central bank digital currencies (CBDCs). The Banque de France

Ryan Salame was scheduled to report to prison on Aug. 29 after being sentenced to 90 months for charges related to the misuse of FTX user funds.

PlanB’s floor model misses its target in a historic first as fresh bear pressure mounts for Bitcoin price action. 237 Total views 3 Total shares Bitcoin (BTC) has failed to hit the November closing price demanded by one of its best-known models — but its creator is not giving up.In a Twitter post on Dec.…

Ripple CEO Brad Garlinghouse has revealed the firm unsuccessfully attempted to settle its securities violation lawsuit with the SEC, and slammed the “regulatory chaos” around cryptocurrencies. I’m not going to litigate the SEC’s unproven allegations on Twitter, and as you can imagine, there are new considerations to what can / should be said publicly after the…

The Elrond mainnet is launching today with a new DeFi app and staking opportunities. 1273 Total views 22 Total shares High performance blockchain project Elrond is launching its mainnet today, July 30, along with a new DeFi app, staking and a raft of new features. Its ERD token has been on fire this month in…

All eyes are set on Bitcoin (BTC) as the digital asset continues to trek to a new 2020 high. Meanwhile, the hype around decentralized finance projects continues to die down, especially as token prices plummet. Data shows that trading volume for decentralized exchanges (DEXs) is dropping rapidly, further signaling the decline of the DeFi sector.The…

Users of Decentralized Autonomous Organization (DAO) MakerDAO (MKR) have voted to raise the so-called stability fee for Maker’s DAI (DAI) stablecoin by 4 percent, according to the results of a recent poll completed on March 21.The firm announced on Thursday that users had voted yes to the proposal to increase the stability fee by 4…

Bitcoin (BTC) starts another week at near historic highs as the U.S. dollar continues to drop — what’s next?With investors seeking safe havens and Bitcoin already seeing a demand squeeze, Cointelegraph covers the factors that could further shape price action this week. DXY descends to familiar lowsNews from the U.S. that mass vaccination against the…