Stablecoin bill faces several challenges — former Senator Pat Toomey
The total market capitalization of the stablecoin sector has topped $174 billion as of November 2024 and continues to grow.
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Finance Redefined: DeFi protocols lost $1.6B, EU to rethink DeFi approach, and more
The past week in the decentralized finance (DeFi) ecosystem saw many new developments from an adoption perspective and protocol developments. The European Commission added a new chapter on DeFi, showing the growing impact of the nascent ecosystem, while a county in the United States State of Virginia wants to put its pension fund in a…

US SEC Sets November 5 Deadline for Reviewing Nine Bitcoin ETF Applications
The U.S. Securities and Exchange Commission (SEC) has outlined a time frame for reviewing proposed rule changes related to a series of applications to list and trade various Bitcoin (BTC) exchange-traded funds (ETFs).The review period affects nine separate ETFs that have been proposed by three different applicants, according to documents filed by the SEC yesterday,…

ProShares Bitcoin-linked ETF launches on NYSE as BTC price rises above $63K
The price of Bitcoin rose to a five-month high of $63,293 following shares of ProShares’ ETF opening for trading. 1305 Total views 24 Total shares The first Bitcoin (BTC) futures-linked exchange-traded fund in the United States began trading on the New York Stock Exchange, opening at a price of $40 per share.According to the New York…

Binance seeks to boost Web3 adoption in the MENA region
The exchange alleges a 49% increase in user sign-ups across the Middle East and Northern Africa (MENA) region. 308 Total views 28 Total shares

Onchain analysts tie $235M Indian exchange exploit to North Korean hackers
Blockchain forensics firm Elliptic told Cointelegraph that specific patterns and techniques in the WasirX attack led them to believe North Korean hackers were behind the incident.

CoinFLEX resumes withdrawals, limiting users to 10%
Since halting user withdrawals three weeks ago, CoinFLEX has announced plans to reclaim up to $84 million in owed funds. 169 Total views 4 Total shares Cryptocurrency exchange CoinFLEX is partially reopening user withdrawals, raising cautious optimism that the company was gradually recovering from liquidity constraints that were triggered by a high-profile client default. Beginning at…

Price analysis 3/16: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE
Bitcoin (BTC) is witnessing a see-saw battle near $40,000 with both the bulls and the bears trying to gain the upper hand. The volatility could remain high as the markets await the United States Federal Reserve’s policy decision due on March 16.Analyst Willy Woo suggests that Bitcoin could witness a capitulation event based on a…

Robinhood Q2 crypto revenue surges 161% on rising trading volume
The $81 million Robinhood made in crypto revenue was more than double made from equities in Q2.