Sky proposes dropping Wrapped Bitcoin over claimed Justin Sun ties
The team behind Sky, formerly Maker, wants to drop WBTC due to what it claimed were recent changes in ownership and control “likely involving Justin Sun or affiliates.”
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Top-5 Crypto Performers: LINK, TRX, EOS, XRP, ADA
Fundstrat Global Advisors co-founder Tom Lee believes that Bitcoin does well when the S&P 500 market index moves up. Though Bitcoin might act as a macro hedge against global turmoil in some instances, it has largely performed negatively when the S&P 500 has dropped. It will be interesting to see how Bitcoin moves in the…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 12
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.Financial regulators are watching companies involved in the cryptocurrency industry…

NY Fed and MAS publish joint CBDC cross-border payment project results
The researchers built on their separate projects to demonstrate cross-border payments using illiquid currencies with an intermediate “vehicle” currency. 112 Total views 1 Total shares The Federal Reserve Bank of New York’s New York Innovation Center (NYIC) and the Monetary Authority of Singapore (MAS) have published the results of their joint “Project Cedar Phase II…

Sky-high interest rates are exactly what the crypto market needs
The United States Federal Reserve Open Market Committee’s September decision on interest rates was entirely expected, with the FOMC holding rates at the current level of 5.25% to 5.5%. As also expected, the committee indicated there may be another rate hike coming this year, with Chairman Jerome Powell insisting — as usual — in his

Tether freezes $873K USDT linked to terrorist activity in Ukraine, Israel
The stablecoin issuer freezes addresses containing $873,000 USDT linked to illicit activity in Israel and Ukraine. 411 Total views 4 Total shares Stablecoin issuer Tether has moved to freeze 32 addresses linked to terrorist activity in Israel and Ukraine in collaboration with local law enforcement agencies.$873,118 worth of Tether (USDT) linked to illicit activity in

SBF’s parents seek pardon from President Trump: Report
SBF’s parents, Joseph Bankman and Barbara Fried, are reportedly exploring the possibility of putting their son’s case before President Trump for clemency.

DeFi-Nitely A Bubble? Seller Blamed as COMP Crashes 45% on Coinbase
A frenetic day of trading on Coinbase Pro saw unusual activity from what seems to be an early investor in Compound, which briefly hit $427. 384 Total views 4 Total shares The rapid growth in the price of so-called decentralized finance (DeFi) tokens is raising fresh suspicions after one altcoin hit $427.In a curious sequence…