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A new study on digital currency-related lawsuits since 2018 shows a 42% increase in crypto lawsuits in 2022. The highest number of claims in a single year was recorded last year, with 41 total claims in the United States. The research also shows that the majority of lawsuits came from the U.S. Securities and Exchange … Read more
Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking services offered on its platform do not constitute securities. The statements, made in the wake of the $30 million settlement that Kraken, another U.S.-based crypto exchange, completed with the U.S. Securities and Exchange Commission (SEC), also criticize the institution’s approach … Read more
Huobi has announced the impending closure of its Huobi Cloud Wallet service, citing strategic adjustments for the move. Go to Source Powered by WPeMatico
Bitcoin price action is making history this week, but for all the wrong reasons, as the 2022 bear market still haunts the charts. Go to Source Powered by WPeMatico
The issuance of a CBDC aims to address inefficiencies in cross-border payments and drive innovation for domestic payments. Go to Source Powered by WPeMatico
A New York regulator ordered Paxos to stop issuing BUSD, the third-largest stablecoin by market cap. Go to Source Powered by WPeMatico
Web hosting company NameCheap detected the misuse of one of its third-party services for sending some unauthorized emails — which directly targeted MetaMask users. Go to Source Powered by WPeMatico
The Ethereum co-founder has sent around $227,000 in ETH to two Turkish earthquake relief organizations. Go to Source Powered by WPeMatico
One lawyer said that while stablecoins are meant to be stable, buyers may possibly profit from a range of arbitrage, hedging, and staking opportunities. Go to Source Powered by WPeMatico
A Lido DAO member raised concerns over what impact the SEC’s crackdowns on staking could mean for the future of DeFi in the U.S. Go to Source Powered by WPeMatico