Price analysis 1/27: SPX, DXY, BTC, ETH, XRP, SOL, BNB, DOGE, ADA, LINK
Bitcoin and altcoins saw sharp selling as traders reduced risk following the popular launch of the DeepSeek AI app.
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SEC Chairman: Other Market Protections Needed Before Bitcoin ETF Approval
United States Securities and Exchange Commission (SEC) Chairman Jay Clayton said that the regulator needs to feel comfortable with cryptocurrency custody and ensure no market manipulation can take place before approving a crypto exchange-traded fund (ETF). Clayton made his remarks during an interview with CNBC on June 6.When Clayton was asked whether an ETF based…

Opinion: GOP crypto maxis almost as bad as Dems’ ‘anti-crypto army’
After nearly a decade of gridlock, the United States may finally be on the cusp of crafting a cohesive policy framework for digital assets. In Congress, lawmakers are mulling a variety of proposed bills governing everything from stablecoins and securities rules to sanctions. The 2024 presidential race, meanwhile, may be the first to see crypto…

ConsenSys Partnering with Hitachi for PegaSys Plus Sales in Japan
Hitachi Solutions will be the first company in Japan permitted to conduct sales of blockchain software technology company ConsenSys’ product PegaSys Plus starting on April 1.According to a March 30 press release, Tokyo-based Hitachi announced it would work in collaboration with U.S.-based ConsenSys to provide PegaSys Plus to the Japanese market. An Ethereum (ETH)-based blockchain…

Bug in Aave V2 Polygon causes some assets to become stuck in contracts
The bug only affects the Polygon implementation, and V3 is unaffected A bug in an older version of crypto lending protocol Aave is blocking users from interacting with Wrapped Ether (WETH), Tether (USDT), Wrapped Bitcoin (WBTC) or Wrapped Matic (WMATIC) pools on Aave V2 Polygon, preventing assets from being withdrawn from them, according to a…

ETH miner revenue reaching a new all-time-high may be bad news for low volume yield farmers
Is DeFi a mousetrap for retail investors? On September 2, the revenue of Ethereum (ETH) miners reached an all-time high of 51,541 ETH. While this may be good for the miners, it could turn popular DeFi projects into a mousetrap. Ethereum miner revenue, percent from fees and total gas used. Source: Glassnode.When denominated in USD,…

El Salvador stacks 150 Bitcoin after BTC price crashes below $50k
With this purchase, El Salvador’s Bitcoin reserve now amounts to 1,270 BTC, which is worth nearly $60.3 million at the time of writing. 4176 Total views 45 Total shares The Republic of El Salvador has procured 150 Bitcoin (BTC) amid the biggest bear market since Bitcoin attained an all-time high of nearly $68,000 back in…

Wild, Wild East: Why the ICO Boom in China Refuses to Die
For many people involved in the international crypto space, the idea of throwing valuable Ether tokens at comically named blockchain projects in anticipation of unworldly profits now seems a laughable and distant memory. There is little doubt that what we experienced with the 2017-2018 Initial Coin Offering (ICO) mania was a once-in-a-generation phenomenon, the somber aftermath…

Australia’s $145M exchange scandal, Bitget claims 4th, China lifts NFT ban: Asia Express
Australian police bust $145 million money laundering scam, Bitget gains market share in Q3, China unblocks NFTs, and more. by Zhiyuan Sun 4 min October 26, 2023 Share Share Share Share Our weekly roundup of news from East Asia curates the industry’s most important developments. Largest money laundering scandal in Australia unravels Changjiang Currency Exchange