Gensler’s imminent exit triggers wave of crypto ETF submissions
As Gary Gensler’s last day as SEC Chair approaches, the crypto industry floods the commission with a wave of ETF filings.
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DeFi platforms see profits amid FTX collapse and CEX exodus
A week after the fallout from the FTX and Alameda chaos some on-chain data points are interesting to observe. Although record amounts of Bitcoin (BTC) and Ethereum (ETH) volume are leaving the exchanges, not all decentralized applications (DApps) and protocols have shown growth, mainly due to reliance on FTX and Alameda. DeFi earnings highlight positive revenue…
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Meta to scrap fact-checkers in favor of ‘free expression’
The social media company will switch to a community notes model similar to the X platform’s, Meta said.
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Binance halts Bitcoin withdrawals for the second time in 12 hours
The crypto exchange said it temporarily closed BTC withdrawals due to a "large volume of pending transactions." Own this piece of history Collect this article as an NFTBitcoin (BTC) withdrawals on Binance have again been temporarily shuttered as the crypto exchange claimed it was suffering from a large backlog of pending withdrawals. Binance tweeted on…
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Where crypto can grow: Digital asset regulations around the world
As cryptocurrencies continue to become a bigger part of the global economy, more and more governments are exploring ways to regulate the industry and construct rules for firms operating in the space.There have been some significant regulatory developments in recent weeks, with the European Parliament approving the Markets in Crypto-Assets (MiCA) regulations on April 20, Ukraine…
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XRP bulls could face ‘bloodbath’ if Bitcoin dominance rises: Analyst
A crypto analyst said the market “could be approaching euphoria territory” with the significant amount of XRP longs “being reloaded” as the price retraces.
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DeFi Yield Farming Is Driving Adoption, but Stakeholders Urge Caution
Three years on from the initial coin offering mania of 2017, decentralized finance is the new hype. Spurred on by the promise of high annual gains, traders appear to be sowing heavily in crypto’s latest yield-generating arena that is DeFi. Projects in the early days of crypto seemed to focus on payments and finance in…
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Ripple CEO Hints at IPO, Says More Crypto Firms Will Go Public in 2020
Ripple CEO Brad Garlinghouse predicts that initial public offerings (IPOs) will become more prevalent in the cryptocurrency and blockchain space in 2020.Speaking at the World Economic Forum in Davos yesterday, Jan. 23, Garlinghouse reportedly hinted that Ripple would itself be one of those firms to seek a public flotation:“In the next 12 months, you’ll see…
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Hyundai Commercial Partners With IBM to Accelerate Blockchain Development
Hyundai Commercial — a financial services subsidiary of leading South Korean automobile manufacturer Hyundai — has announced a partnership with American tech giant IBM to modernize its business model using blockchain. The news was announced on Feb. 13 at IBM’s annual tech and business conference “IBM Think 2019” in San Francisco, California.Hyundai Commercial is reportedly…