SEC softens stance around SAB-121: Galaxy Research
In May, United States congressional lawmakers voted to repeal Staff Accounting Bulletin-121 in a 228-182 bipartisan vote.
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Clever Aave to Matic bridge keeps track of yields
A new type of cross-chain bridge has been invented which integrates the interest-yielding properties of DeFi with second layer solutions for Ethereum. 865 Total views 7 Total shares The first Aave-friendly Ethereum to Matic bridge has opened for business, allowing users to port Aave’s interest-bearing aTokens back and forth between the DeFi protocol and the…
ConsenSys-Backed Kaleido Launches B2B Tech Stack With ‘Plug-and-Play’ Features
Kaleido has launched a new business-to-business (B2B) tech stack with a view to helping companies “reinvent their core payment systems and supply chains,” according to a news release obtained by Cointelegraph on May 15.The ConsenSys-backed company said the stack brings together the necessary tools and technologies that businesses need to build modern networks delivering operational…
Japan’s Financial Regulator Wants Crypto Industry to ‘Grow Under Appropriate Regulation’
The commissioner of Japan’s financial regulator the Financial Services Agency (FSA) said that the agency wants the cryptocurrency industry to “grow under appropriate regulation,” in an interview with Reuters August 22. Toshihide Endo, commissioner of Japan’s FSA, told Reuters he sees the agency’s goal for developing the crypto industry as finding a “balance” between consumer…
FIL on the rise: Filecoin’s upcoming production cut alters tokenomics
Filecoin (FIL) is one of the most prominent coins in the storage sector of cryptocurrencies. In the past month, the price and market capitalization of FIL has rocketed to new highs. On April 1, the coin reached $233.68 along with breaking into the top 10 cryptocurrencies by market capitalization. Basically, Filecoin is a decentralized cloud-based data…
Ava Labs and Amazon’s partnership could “expand the pie” for blockchain
The Amazon Web Services (AWS)-Avalanche “cooperation,” as it was carefully described last week, should almost immediately make it easy for developers to establish nodes on the Avalanche blockchain, including via “one-click node deployment.” Eventually, too, it might make it simpler for everyday businesses — i.e., non-crypto-related enterprises — and even individuals to establish their own subnets…
FBI, NY authorities probes collapse of TerraUSD stablecoin: Report
The controversial founder of Terraform Labs, Do Kwon is at the center of the investigation, despite believed to be hiding out in Serbia. 491 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe United States Justice Department is reportedly investigating the collapse of the TerraClassicUSD (USTC) stablecoin which…
SEC sues Coinbase in NY federal court for offering unregistered securities
The SEC lawsuit alleges that Coinbase operated as an unregistered broker and several tokens offered on its platform qualify as security. 921 Total views 5 Total shares The United States Securities and Exchange Commission has filed a lawsuit against New York-based crypto exchange Coinbase for offering unregistered securities.The SEC lawsuit alleged that Coinbase has never registered…
UNI, MATIC and AAVE surge after Bitcoin price bounces back above $20K
Bitcoin, Uniswap, Polygon and Aave turned green just a day after the highest CPI print in over 40 years. 708 Total views 52 Total shares Crypto investors found cause for celebration on July 14 as the market experienced a positive trading session just one day after the Consumer Price Index (CPI) posted a June print…