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U.S. House Republicans Introduce Bill to Enhance Crypto Oversight and Strengthen SEC's Role
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Blockchain Association Submits Amicus Brief Supporting Coin Center's Lawsuit Against U.S. Treasury Regarding Tornado Cash Sanctions In her statement, Kristin Smith, the CEO of the trade group, emphasized the importance of regulatory actions focusing on bad actors rather than penalizing the crypto mixing tool.
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U.S. House Republicans Introduce Bill to Enhance Crypto Oversight and Strengthen SEC's Role The draft legislation put forth by prominent committee chairs stands as the most consequential proposal of the year, outlining potential measures for the federal government to establish safeguards within the digital assets industry.
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Bitcoin Surges: Investors Remain Unfazed by Hot Jobs Data as BTC Soars Above $27K Ether and other leading cryptocurrencies remained predominantly in the green throughout the day.
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Celsius' $800M Ether Staking Disruption Extends Ethereum Validator Queue to 44 Days The troubled crypto lender has recently placed $745 million worth of ETH into staking contracts within the past 48 hours, further straining the already extensive waiting period for deploying new validators onto the Ethereum network.
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Tether's Market Cap Surges to Record High of $83.2B, Defying the Downturn in Stablecoin Market USDT has surged to a market capitalization of $83.2 billion, successfully recuperating all the losses suffered since the collapse of the blockchain project Terra over a year ago.
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Challenging Elizabeth Warren's View on Crypto and its Connection to the Fentanyl Epidemic Chainalysis and Elliptic have discovered that cryptocurrencies serve criminal purposes, but this alone is insufficient to justify its prohibition.
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MakerDAO Facilitates $1.28B U.S. Treasury Acquisition for Expanded Opportunities The protocol's community decided to incorporate a new real-world asset vault, which would allocate funds to invest in U.S. Treasury bonds, up to the specified additional amount.
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Chinese Yuan Demands Attention from Crypto Traders One expert suggests that the PBOC's anticipated intervention to curb yuan fluctuations might not only intensify the strengthening of the dollar index but also compound the troubles faced by the crypto market.
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The Perils of NFT Influencer Culture Exposed: Unveiling Pixel Penguins as an NFT Charity Scam Beyond each PFP adorned with a legion of Twitter followers lies an individual. Within the realm of Web3, it is not prudent to rely solely on one person's judgment when deciding whether or not to participate in minting an NFT collection.
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Bitcoin and Cryptocurrency Prices Expected to Decline in Anticipation of an Impending Liquidity Shock, Analysts Warn Analysts suggest that the recent boost in risk assets, including cryptocurrencies, due to improved liquidity conditions this year is likely to reverse once the U.S. debt ceiling is lifted and the Treasury, along with the Federal Reserve, resumes their tightening measures.
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Anoma Foundation Secures $25M Funding for Crypto Infrastructure The Swiss non-profit organization is responsible for managing both the Anoma blockchain architecture and the layer 1 blockchain called Namada.
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PayPal Ventures Takes the Helm in $52 Million Funding Round for Cryptocurrency Company Magic The startup provides enterprise clients like Macy's and Mattel with a secure non-custodial wallet infrastructure.
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First Mover Asia: Ether Deflationary Trend Continues, with Almost $275 Million Burnt This Month Also: Bitcoin and volatility share a complex relationship.
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Web3 Payments Company Transak Secures $20 Million in Funding The startup provides convenient on- and off-ramps that facilitate the interaction of new users with Web3 projects.
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Bitcoin Slips Below $28K as Investors Monitor US Debt Ceiling Progress Investors were eagerly anticipating the House vote on the debt limit deal, which was set to take place on Wednesday.