Lido Finance hits 1M validators, fueling the growth of DeFi

Elon Musk’s social media platform, X, is under scrutiny for alleged DSA violations, with potential fines reaching $200 million.

Mark Cuban thinks the SEC could have saved U.S. customers from FTX had it adopted Japan’s approach to crypto regulation, but John Reed Stark disagrees. Billionaire entrepreneur Mark Cuban has again locked horns with former securities chief John Reed Stark, this time over who was ultimately to blame for FTX’s collapse and the impact on…

But there is always a catch when it comes to Maduro’s government. Venezuela's National Superintendency of Crypto Assets and Related Activities, or SUNACRIP, has issued the first decree to officially regulate all crypto mining activities. In order to qualify, miners will need to meet specific requirements.An official announcement was first published in the Gaceta Oficial…

Uzbekistan wants to lift its ban on cryptocurrency purchases after barring residents from buying crypto in 2019. 4111 Total views 21 Total shares A major governmental agency in Uzbekistan seems to be rethinking its stance on cryptocurrencies.The National Agency for Project Management under the President of the Republic of Uzbekistan, or NAFT, issued an official document…

The proposed offer would require both SEC relief and shareholders' approval. 154 Total views 1 Total shares Own this piece of crypto history Collect this article as NFTAccording to an end-of-year letter to investors published on Dec. 10, Grayscale Investments' CEO Michael Sonnenshein said that the firm may consider "a tender offer for a portion…

Bitcoin (BTC) price has finally broken the $30,000 level after the key price zone lasted as a ten months resistance level. BTC price rallied 6.5% on April 10 and the much-awaited price gain ended an agonizing 12-day period of extremely low volatility, which saw the price hovering close to $28,200. Bulls are now confident that…

The Central Bank of Nigeria has banned banks from servicing crypto exchanges in the country in a move that echoes actions taken by its Indian counterpart back in 2018. Reactions to the news among the political class have been divided among ethnic and geopolitical lines, with the more progressive elements calling for a nuanced approach…

The European Parliament has published a study identifying a number of legislative blind spots pertaining to crypto asset oversight in the European Union.The report identifies stablecoins, token-based fundraising, and the threat of money laundering through crypto mining among recent industry developments necessitating a regulatory response.Crypto mining identified as money laundering riskThe report asserts that cryptocurrency…

In 2020, the Ethereum Foundation sold 100,000 ETH, and the price surged over 500% in the months that followed — there’s no telling what will happen this time.