Yat Siu Says ‘Pro-Capitalist’ Asian Countries Are More Ready to Embrace Web3

Fresh pastures (Alex Vinogradov/Unsplash)Kyber Network Is Bringing Yield Farming to DEXlandFresh pastures are opening in the world of yield farming. Kyber, a decentralized exchange (DEX), is preparing to share trading fees with KNC token holders. Launched Tuesday, KyberDAO will let users stake KNC and earn yields in more KNC, proportional to their stake. Yields won’t…

Shifting its stance from mostly ignoring CBDCs, a Federal Reserve governor says the central bank is now actively studying the possibility of a U.S. digital currency.That’s the way Meltem Demirors described Federal Reserve Governor Lael Brainard’s remarks at Stanford yesterday. For the first time, the Fed has said it is actively researching and experimenting with digital currencies and distributed ledger…

news The Dutch Financial Criminal Investigative Service has seized the website of a bitcoin transaction mixer in a crackdown involving Europol and other authorities. Calling it the “first law enforcement action of its kind against such a cryptocurrency mixer service,” Europol said in a statement Wednesday that the seizure of Bestmixer.io followed an investigation that…

news Two U.S. lawmakers want the Federal Reserve to consider creating a digital dollar. In a letter sent to Federal Reserve Chairman Jerome Powell, Rep. French Hill (R-Ark.) and Rep. Bill Foster (D-Ill.) outline concerns they have about risks to the U.S. dollar if another country or private company creates a widely used cryptocurrency, and…

Eigen Labs, the developer of "restaking" juggernaut EigenLayer, distributed a list of employee wallet addresses to ecosystem projects preparing to launch crypto tokens. Some teams said they asked Eigen Labs for the list, but one said it didn't and felt pressured by the company to send its employees tokens. Experts and insiders say the payouts

Bitcoin (BTC), the leading cryptocurrency by market value, has doubled this year to over $34,000. Still, the market shows no signs of overheating, a positive sign for traders anticipating unabated gains, according to blockchain analytics firm IntoTheBlock.The firm’s view is based on an on-chain indicator called the market value to realized value (MVRV) ratio, which

The top officials at the crypto think tank Coin Center are leaving as the group celebrates its first decade. Executive Director Jerry Brito and Senior Policy Counsel Robin Weisman are out at the end of the year, and Peter Van Valkenburgh will take the helm. Jerry Brito, the founding executive director of the venerable-for-crypto advocacy

A federal judge has signed off on crypto exchange Binance's $4.3 billion plea deal with the U.S. Department of Justice.During a sentencing hearing Friday, Judge Richard Jones of the U.S. District Court for the Western District of Washington approved the top-line fine itself, though he did not yet sign off on any monitor for the

Jan 6, 2021 at 4:10 p.m. UTCUpdated Jan 6, 2021 at 4:11 p.m. UTCKraken Users Are Staking More Than $1B in CryptoMore than $1 billion worth of cryptocurrencies have been staked through Kraken’s staking service, the crypto exchange announced on Tuesday. A third of that amount is in ether, roughly more than 300,000 ETH, according…