Grayscale files to list its Litecoin Trust as ETP on NYSE Arca

After the collapse of Terraform Labs’ cryptocurrency, Terra (LUNA), and its stablecoin, Terra (UST), the notion of “algorithmic stabilization” has fallen to a low point in popularity, both in the cryptocurrency world and among mainstream observers.This emotional response, however, is strongly at odds with reality. In fact, algorithmic stabilization of digital assets is a highly valuable…

A platform has launched a leveraged bitcoin contract-for-difference (CFD) product, enabling traders to speculate on the cryptocurrency’s price movements against the Japanese yen and United States dollar.Liquid says demand for crypto derivatives is rising and believes these financial products have the potential to enhance awareness about the many hundreds of coins and tokens in the…

In an unusual twist for the latest DeFi exploit, the users were the ones to walk away in profit. 518 Total views 6 Total shares It’s as miraculous as Aladdin taking off on a magic carpet: in a possible first, some of the users of a decentralized finance protocol were the ones to benefit today…

Play-to-earn gaming was one of the breakout sectors of the cryptocurrency market in 2021 and the trend was led by Axie Infinity (AXS), a mobile, blockchain-based game where users collect, breed, raise and battle nonfungible tokens (NFTs) called Axies for monetary rewards. As the market topped and then entered what has become a deep bear market,…

Paystand has successfully raised $20 million in its Series B funding round, VentureBeat and others reported on Feb. 6. The company will use this money to accelerate the growth of its blockchain-based commercial payment platform.The current round includes investment from DNX Ventures, Battery Ventures, Epic Ventures, Commerce Ventures and Wildcat Ventures. Existing investors Leap Global…

The Mt. Gox rehabilitation plan, approved in 2021, moves forward with BTC and BCH repayments, and North Carolina’s CBDC ban was vetoed by the governor.

The Indian Supreme Court has set a deadline of two weeks for the country’s government to present its official position on cryptocurrencies, Indian newspaper The Economic Times (ET) reports Friday, Oct. 26.After multiple delays, the court has finally held a hearing on several petitions filed by Indian crypto community following the Reserve Bank of India…

Argentina's largest telecommunications company has fallen victim to a $7.5M ransomware attack. 1930 Total views 19 Total shares Telecom, Argentina's largest telecommunications company, has fallen victim to a ransomware attack. Hackers are demanding $7.5 million in Monero (XMR) — an amount that will rise to $15 million if the company does not pay within 48…

The head of the agency that enforces the Bank Secrecy Act and KYC requirements in the U.S. says the agency aims to help crypto innovate responsibly. 641 Total views 38 Total shares In a May 27 interview sponsored by Chainalysis, Director of the United States Financial Crimes Enforcement Network (FinCEN) Kenneth Blanco was adamant that…