Curve founder repays 93% of $10M bad debt stemming from liquidation
The DeFi protocol’s native token plunged by 28% in a single day due to liquidations stemming from a hack attempt.
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MicroStrategy expected to crack Nasdaq 100 — Bloomberg Intelligence
Bloomberg Intelligence expects MicroStrategy’s stock, MSTR, to join the Nasdaq 100 index later in December, with an announcement to come as soon as this week.
Tornado Cash dev Alex Pertsev set to be released from prison under surveillance
The Tornado Cash developer was arrested in August 2022 by Dutch authorities as part of a criminal investigation against the crypto mixer service.
Changpeng Zhao’s next move could involve decentralized science
Changpeng “CZ” Zhao’s tenure as the CEO of Binance may be over, but the exchange giant’s loss could be a boon for the decentralized science (DeSci) sector.In a comment on X (formerly Twitter) on Tuesday, Nov. 28, the former Binance CEO revealed an interest in the rapidly developing sector.Been reading about biotech, thinking about how
Bitcoin Mining Industry is Booming as Difficulty Soars 14% to New High
Mining difficulty on the Bitcoin (BTC) network has taken its steepest upturn in almost a year, data from major Chinese mining pool BTC.com reveals.On July 9, difficulty surged by over 14% to hit 9.06 trillion (9.06 T), at an average hash rate of 64.85 EH/s — a new all-time-high in the network’s history.The last time…
Bullishness for Bitcoin continues despite its struggle to reclaim $60,000
Bitcoin (BTC) continued to face strong resistance at the $60,000 level on March 19 as bulls spent the day climbing back from an early morning drop which briefly pushed BTC into the sub-$56,500 range.Data from Cointelegraph Markets and TradingView shows that after being rejected at the $60,000 level on March 18, the price of Bitcoin…
‘Crypto Mom’ SEC Commissioner Hester Pierce Voted in Until 2025
Pierce’s successful confirmation was announced on Aug. 6 in a statement from SEC Chairman Jay Clayton and fellow Commissioners. United States Securities and Exchange Commission (SEC) Commissioner Hester M. Peirce has been confirmed for a second term, lasting through 2025.The news will be welcome for the crypto industry, as Pierce has, in the course of…
Cryptocurrency News From Japan: June 7 – June 13 in Review
Japan's minister of finance questioned crypto terminology, a company joined the Japan Security Token Association and more headlined news from Japan this past week. 1218 Total views 36 Total shares This week’s headlines from Japan included Japan's minister of finance spurring conversation on crypto terminology, Merkle Science joining the Japan Security Token Association, Fobi Japan…
This week’s Law Decoded: Is depegging a real threat to financial stability?
This week will be remembered as the one when the stablecoins showed an unexpected ability to depeg. Terra’s TerraUSD (UST) dropped to a shocking $0.29 following the general meltdown of both crypto and financial markets, but it was also the headliner of stablecoins’ niche, while Tether (USDT) lost the balance and slid to $0.96 for…