Sonic TVL rises 66% to $253M since rebranding from Fantom
Sonic claims to be the world’s fastest EVM chain with a “true” 720 milliseconds blockchain finality.
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Digital euro’s privacy promise not worth a centralized system, Oasis exec says
When European Central Bank board member Fabio Panetta addressed the European Union Committee on Economic and Monetary Affairs in April, he emphasized the importance of privacy in any potential future CBDC rollout. The ECB had conducted a public consultation on the possibility of a digital euro, canvassing the opinions of over 8,000 individuals and businesses.…
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DOJ objects to Celsius plans to reopen withdrawals and sell stablecoins
The Department of Justice (DOJ) has submitted an objection to Celsius’ motion to reopen withdrawals for select customers and sell its stablecoin holdings.The DOJ is asserting that the state of Celsius’ financials are lacking transparency, and that key decisions like this should not be considered until the independent examiner report has been filed. The move…
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Bitcoin retains $65K after Elon Musk sell-off sees BTC pass Tesla market cap
BTC price action remains strong after overnight bullishness proves its staying power. 6979 Total views 54 Total shares Bitcoin (BTC) held $65,000 during Nov. 8 as major gains seemed unfazed by Tesla (TSLA) stock losing 5% at the Wall Street open. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin beats Tesla by market capData from Cointelegraph Markets…
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Mastercard and Binance end crypto card partnership in Latin America: Report
Visa also reportedly stopped issuing new co-branded cryptocurrency cards with Binance in Europe as of July. 292 Total views 9 Total shares Global payment giant Mastercard is reportedly ending its cryptocurrency card partnership with Binance crypto exchange next month, according to a Bloomberg report. The report didn't divulge the reason for the change, but implied…
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Bitcoin miners see mixed successes in tackling debt-fueled overexpansion crisis
Industry players accumulated over $4 billion of debt in the last crypto run-up. 414 Total views 5 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTAccording to a recent report by Hash Rate Index, publicly-listed Bitcoin (BTC) miners took on more than $4 billion worth of debt during the run-up to the…
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Ethiopia takes first step toward CBDC in economic reform
The country plans to have a legal framework and regulatory sandbox in place for CBDC introduction “as necessary.”
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Telegram Seeks Clarity On The Preliminary Injunction Against TON
How far can a preliminary injunction from an American court reach? The answer to that question is everything for Telegram’s embattled TON blockchain project.TON has been under legal fire since shortly after the SEC became aware of its token sale. The drama is ongoing as recently as this week, when a federal district court judge…
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Bitmart seeks restraining order to prevent hackers from selling fake BSV
The owner of crypto exchange Bitmart has asked a New York judge to intervene to prevent hackers from selling the fraud-begotten coins on the open market. 128 Total views 9 Total shares The owner of crypto exchange Bitmart has filed a bid for pre-arbitration injunctive relief to prevent Chinese hackers from making illicit transfers using…