Ethereum shows signs of life as holders move ETH off exchanges: Santiment

Stablecoin issuer TrueUSD maintains that it is not affected by the current challenges facing Prime Trust. 129 Total views 2 Total shares On June 22,  TrueUSD announced on Twitter that its TUSD stablecoin had “no exposure” to the troubled Prime Trust, which is reportedly facing regulatory challenges. Following an order from state financial regulators, the Nevada-based Prime Trust reportedly…

The outlook for projects in the decentralized finance (DeFi) sector has begun to improve in recent months as a combination of global events have highlighted the benefits of holding funds outside of the traditional financial systems.One project that has rallied over the past few months is Kyber Network (KNC), a multi-chain cryptocurrency trading and liquidity…

The now-former CFO did not give a specific reason for his resignation but noted he will remain in an advisory capacity with OpenSea. 56 Total views 1 Total shares

Andreessen Horowitz executives will seek to guide U.S. policymakers on standards for crypto and Web 3.0. 398 Total views 19 Total shares Anthony Albanese, chief operating officer of Andreessen Horowitz’s (a16z) crypto division, and Katie Haun, general partner at the firm, are among a high-powered delegation from the venture capital giant who will engage with…

Japan’s Financial Services Agency has released plans to overhaul the nation’s tax code, which could lower the tax rate on crypto assets in 2025. 

Sunny Aggarwal has vivid memories of some of the worst days of his life earlier this year. The blockchain co-founder and his Osmosis protocol were hit hard by the Terra–LUNA collapse and are still recovering from its fallout today. “The Terra crash hit us incredibly hard because we were one of the biggest DEXs for…

Starbucks and McDonald’s are reportedly not part of the 3,000 merchants piloting China’s CBDC. 483 Total views 9 Total shares American fast-food giants like Starbucks and McDonald’s are reportedly not participating in China’s ongoing digital yuan tests.According to an Oct. 14 report by news agency Sina Finance, China’s central bank digital currency, or CBDC, is…