Tether shifts $780M in Bitcoin to reserve — its biggest move in 9 months
Stablecoin issuer Tether has moved over 8,400 Bitcoin to its reserve in its biggest move since March.
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Coinbase Pro passes gas fees to users as ETH miner revenue hits 5 year high
Following Uniswap’s UNI token launch, Ethereum transaction fees spiked to almost $1 million an hour. Ethereum miners’ hourly revenue has hit a five-year record, with fees currently bringing in 2,275 ETH ($880K) per hour.The spike was triggered by yesterday’s announcement that Uniswap would airdrop it’s governance token UNI to past users of the decentralized exchange.…

Argentina: Government to Co-Invest in Local Blockchain Projects Backed by Binance
The government of Argentina has agreed to co-invest in blockchain projects that are backed by Binance Labs and Latin American crypto exchange LatamEx, a press release shared with Cointelegraph on Wednesday, March 6, reveals.Binance Labs, the investment and social impact arm of top cryptocurrency exchange Binance, has recently chosen Argentina’s capital, Buenos Aires, as the…

Blockchain Association CEO will move to Solana advocacy group
After more than six years leading the blockchain advocacy organization, Kristin Smith will leave to become the president of the Solana Policy Institute on May 19. Kristin Smith, CEO of the US-based Blockchain Association, will be leaving the cryptocurrency advocacy group for the recently launched Solana Policy Institute. In an April 1 notice, the Blockchain

3 ways traders can avoid trading tokens with manipulated volumes
Manipulated trading volumes are rampant on some crypto exchanges. Here are three ways to use data to avoid being washed out.

The crypto FBAR: Implications beyond
The United States Department of Treasury is again sharpening its sword upon crypto. In January 2021, the Department of Treasury’s Financial Crimes Enforcement Network issued Notice 2020-2. The Notice states that FinCEN intends to amend its regulations concerning the reporting of foreign financial accounts to include digital currency as a type of reportable account. In simple…

Crypto projects need more visionary funding for long-term growth
It’s time to move past market hype and focus on sustainable development.

BitGo terminates acquisition of Prime Trust
The acquisition was called off two weeks after BitGo publicly disclosed its non-binding letter of intent to acquire Prime Trust. 961 Total views 1 Total shares On June 22, wallet infrastructure provider and digital asset custodian BitGo announced on Twitter that it had decided to cancel its acquisition of fintech infrastructure provider Prime Trust. According…

China’s crypto industry is gone? Beijing’s crackdown keeps sending shockwaves
Since the start of the summer, a series of measures from Chinese authorities to curb cryptocurrency trading and mining have dominated the crypto news cycle. From urging financial service providers to throttle cryptocurrency-related transactions to ordering a crypto trading software provider shut down, the initiatives coming out of Beijing and their repercussions are widely believed to…