MiCA regulation poses ‘systemic risk’ to banking system, says Tether CEO
According to Tether CEO Paolo Ardoino, recently approved MiCA regulations threaten both banks and stablecoin issuers.
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Lightning Labs has published its draft specification for Lightning Service Authentication Tokens (LSAT) — a protocol standard that promises to redefine online payments through employing a little known HTTP status code.According to a March 30 blog post authored by Lightning Labs CTO Olaoluwa Osuntokun, LSAT facilitates automated logins and payments using cryptographic credentials — doing…
Bitcoin bull Tim Draper reveals the secrets of his altcoin portfolio
Tech billionaire, Tim Draper, has revealed he owns a myriad of altcoins in addition to his 30,000 BTC. Tim Draper, the prominent venture capitalist and tech billionaire who purchased nearly 30,000 Bitcoins (BTC) that were seized from the Silk Road, has revealed his digital currency holdings span at least half a dozen different crypto assets. …
Bitcoin drops below $54K as crypto liquidations near $665M
Around $222 million in long Bitcoin positions were liquidated in the past 24 hours, with the price of BTC hitting its lowest point since February.
What are crypto-backed mortgages, and how do they work?
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Global Chip Supplier Expects Low Demand for Crypto Mining, Offsetting Q4 Revenue Growth
Major global chip manufacturing firm Taiwan Semiconductor Manufacturing (TSMC) predicts revenue growth in Q4, but expects a counterbalance due to the low demand for crypto mining hardware, Reuters reports Thursday, Oct. 18.TSMC, the world’s largest independent semiconductor foundry, forecasts “modest” revenue growth in the fourth quarter, mainly due to solid sales of high-end chips for…
Ethereum scalability issues exposed as high gas fees stall DeFi boom
The crypto market has been on the receiving end of a market downturn during the past week, with many cryptocurrencies facing drops in valuation almost overnight, raising concerns that a bear market has commenced.Furthermore, in the wake of this market turmoil, Ethereum network transaction fees have surged, recently achieving an all-time high, thanks in part…
XRP Price May Be Headed for $0.30 With Bitcoin Making Higher Highs
Recently, altcoins have been showing strength as Bitcoin (BTC) has just broken a key resistance level. Notably, ChainLink (LINK) and Tezos (XTZ) have been moving up more than 150% in the past month.However, in the recent week, Stellar Lumens (XLM) have been surging upwards, while XRP price is also starting to look stronger on the…
SEC not allowed to punish Voyager advisers over bankruptcy token, says US judge
The SEC claims the transactions involved with redistributing the funds to impacted Voyager account holders will trigger U.S. securities laws. 705 Total views 6 Total shares Own this piece of history Collect this article as an NFTThe United States Securities Exchange Commission (SEC) won’t be allowed to fine executives involved in Voyager Digital should it…