EigenLayer sees over 12,000 queued withdrawals — How far will TVL fall?
Mass withdrawals started on April 29 after EigenLayer’s decision to ban U.S. and Canada-based participants from its upcoming airdrop.
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Regulators have a weak case against FTX on deposit insurance
In a cease-and-desist letter to fast-growing crypto exchange FTX, the Federal Deposit Insurance Corporation (FDIC) shed light on a now-deleted tweet from the exchange’s president, Brett Harrison, and issued a stark warning over the company’s messaging.Harrison’s original tweet said, “Direct deposits from employers to FTX US are stored in individually FDIC-insured bank accounts in the…
Market Mostly Trades Sideways as Bitcoin Price Hovers Around $7,300
Tuesday Dec. 3 — Most cryptocurrencies continue trading sideways, including Bitcoin (BTC) which has not been able to find higher trading levels in the past few days.Cryptocurrency market daily overview. Source: Coin360Bitcoin started the day at $7,344, at which point the world’s largest crypto coin found an intra-day low of $7,230 before moving up again…
How to use DeFi the right way — This latest guide can help
The cryptocurrency market saw an explosion of growth during the 2021 decentralized finance (DeFi) Summer and increased fear of missing out (FOMO), which drove prices of Bitcoin (BTC) and much of the cryptocurrency market to all-time highs. During that time, the total value locked (TVL) across DeFi rose to nearly $180 billion before crashing down…
Bison Trails Beefs Up Legal Compliance Team With Former Goldman Sachs Exec
Bison Trails takes on general counsel to engage with global policymakers on compliance and legal regulation matters. Blockchain infrastructure-as-a-service company Bison Trails announced Aug. 4 that it has appointed a general counsel to focus on policy and regulatory issues specific to blockchain infrastructure.Elizabeth Ralston has previously served in a legal capacity at blockchain investment firm…
Crypto Markets Recover Slightly, Ethereum, Tezos See Largest Gains
Saturday, September 15: crypto markets are undergoing a slight recovery after yesterday’s decline, with 17 of the 20 top cryptocurrencies by market cap in the green, according to CoinMarketCap data.Market visualization from Coin360After dropping below the $6,500 price point yesterday, Bitcoin (BTC) has challenged the mark again, going up by 1.6 percent over the past…
Bitcoin price down 20% so far in 2022 after worst January since 2018
Bitcoin (BTC) is heading for its worst January performance in four years — could all not be what it seems?Data from on-chain analytics resource Coinglass shows January 2022 to be the least profitable since the peak of Bitcoin’s last halving cycle. Investors, however, are still waiting for a “blow-off top.”Will Bitcoin see a rare “red” February?Against practically…
Central Bank of Sri Lanka completes proof-of-concept KYC platform
Sri Lanka’s recent economic uncertainty seems to be the driving force behind its interest in cryptocurrency and the government's new exploration into KYC technology. 243 Total views 3 Total shares A report presented to Sri Lankan central bank governor Ajith Nivard Cabraal on Monday detailed the results of a now-completed Know-Your-Customer, or KYC, proof-of-concept project. The project Sri…
Weekend Wrap: Bitcoiners troll German govt, CoinStats blames Lazarus and more
Bitcoiners sent crude messages to the German government as they dusted it with small donations; CoinStats says North Korea’s Lazarus Group may be behind the recent $2.2 million exploit and more.