Ethena, Securitize join race for Spark’s $1B liquidity with USDtb
Ethena Labs has officially submitted a proposal to include its upcoming stablecoin, USDtb, in Spark’s liquidity competition.
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‘Mystery Man’ Gets Berlin Shop to Drop BitPay, Accept Bitcoin Directly
An ice cream shop in Berlin’s trendy Friedrichshain district has revealed that a chat with an unknown “super nice” guy spurred them to spearhead Bitcoin adoption with the local crowd.That unknown guy turned out to have been the legendary Bitcoin (BTC) evangelist and educator Andreas Antonopoulos, as a Nov. 21 Twitter thread from the retailer,…
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SBF’s Alameda minted $38B USDT to profit off arbitrage trading: Coinbase director
Coinbase director Conor Grogan has flagged on chain data that highlights massive USDT mints ordered by Sam Bankman-Fried’s Alameda Research in 2021. Blockchain data flagged by Coinbase director Conor Grogan indicates that Alameda Research redeemed over $38 billion for Tether (USDT) tokens in 2021 despite not having the equivalent assets under management.Onchain data shows that
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What to expect from the first Coinbase-SEC hearing
As the first hearing since the SEC lawsuit on June 6, the conference is expected to be "procedural and administrative," though it may also give a sense of the litigation's tone. 66 Total views 1 Total shares A pre-motion hearing set to take place on July 13 between the Securities and Exchange Commission (SEC) and…
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How do DeFi protocols get hacked?
The decentralized finance sector is growing at a breakneck pace. Three years ago, the total value locked in DeFi was a mere $800 million. By February 2021, the figure had grown to $40 billion; in April 2021, it attained a milestone of $80 billion; and now it stands at above $140 billion. Such rapid growth…
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Price Analysis Dec 30: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, XTZ
As 2019 comes to an end, traders will closely analyze the events scheduled for 2020 that might boost cryptocurrency prices. One of the most talked-about and watched events would be the halving of Bitcoin miner rewards in May 2020.While Bitcoin’s price had surged following the previous two halving events in 2012 and 2016, it is…
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Layer-1 blockchains: How crypto winter could slow the challenge to Ethereum
Given Ethereum’s dominance coupled with the current crypto bear market, it remains questionable if L1s will flourish. This was recently highlighted in a Chainalsys blog post entitled “New layer 1 blockchains are expanding the DeFi ecosystem, but no ETH killers yet.” Ethan McMahon, an economist at Chainalysis, told Cointelegraph that Chainalysis published this report to…
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Fed policy to align bank oversight could limit crypto activities by state banks
The new policy would align the allowable activities for insured and uninsured state banks and OCC-supervised national banks by making rules for state banks more restrictive. Own this piece of history Collect this article as an NFTThe United States Federal Reserve Board announced Jan. 27 that it was issuing a policy statement on limitations on…
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Blender and Sinbad operators face US money laundering charges
Two Russian nationals face charges of conspiracy to commit money laundering and operating an unlicensed money-transmitting business, while one remains at large.