SEC’s Mark Uyeda has high chance of becoming next chair — Lawyer
The SEC’s “Crypto Mom” Hester Peirce is unlikely to replace Gary Gensler as the new chair, crypto lawyer Jake Chervinsky believes.
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DeFi snowball will turn into a Web 3.0 avalanche
Decentralized finance has exploded over the past 12 months. The swapping, staking and yield farming successes have been well touted. The DeFi market cap has reached $45 billion, and there’s over $28 billion total value locked in DeFi today. That’s up from $600 million in January 2020 — a 4,300% increase.As with all nascent technology,…
BitFlyer Holds First Virtual Shareholders Meeting With Blockchain Voting App
BitFlyer Holdings held a general shareholders meeting by using a blockchain voting app which went “without any troubles.” 1319 Total views 48 Total shares BitFlyer Holdings, which runs one of Japan's largest cryptocurrency exchanges, held its general shareholders meeting Friday and, for the first time, used a blockchain voting app.In the “new normal” where social…
E Pluribus Unum: Four Class-Action Suits Against Bitfinex Over 2017 BTC Price Now One
The four class-action suits against Bitfinex, Tether and parent company iFinex over alleged market manipulation leading to Bitcoin’s (BTC) 2017 bull market have been consolidated — with implications for every BTC buyer since April 2017.Per an order dated Jan. 24 and filed Jan. 27 from Judge Failla of the court of the Southern District of…
Anon-powered options: DeFi platform Premia goes live
The Anon Powered development team has announced today the launch of Premia, the latest decentralized finance (DeFi) options platform live on Ethereum. In an interview with Cointelegraph, the group of semi-anonymous developers behind Anon Powered — who collectively requested that they be referred to as “members of the Premia Republic,” the name for Premia’s forthcoming DAO…
Ripple CEO Garlinghouse responds to SEC complaint against XRP
Ripple CEO assures shareholders and the industry that the company will win the case brought by the the United States SEC. 811 Total views 3 Total shares Ripple CEO Brad Garlinghouse has responded to the latest regulatory complaint against XRP, assuring shareholders that the company will prove their case in the court. In a Dec.…
Fidelity Leads $13M Funding Round for Israeli Blockchain Startup Clear
Israeli blockchain startup Clear has raised $13 million in a Series A round led by Fidelity-backed Eight Roads.Clear — which develops blockchain networks for high-volume transaction systems between businesses — announced the round’s completion in a statement via TechCrunch on Feb. 5.Eight Roads is a global venture firm that originates in Fidelity’s first investment business,…
Bitcoin price hits 2-week lows as FTX ‘bank run’ drains BTC reserves
Bitcoin (BTC) and crypto markets fell heavily into Nov. 8 as contagion from the FTX debacle spilled over.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewAnalysts dismiss FTX insolvency fearsData from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to $19,351 on Bitstamp — its lowest levels since Oct. 25.The pair, along with altcoins large and small,…
Robinhood stock outruns Bitcoin in intraday crash, down over 10% in pre-market
The cost to purchase one Robinhood share (HOOD) dropped massively in the pre-market session on Thursday, beating even so-called volatile cryptocurrencies like Bitcoin in terms of intraday losses.In detail, HOOD was down 10.2% to $63.25 as of 8:00 am EDT compared to its $85 high in the previous session. On the other hand, Bitcoin (BTC)…