US crypto exchange Bittrex faces potential action from SEC: Report
Bittrex already started winding down operations by the time it received a notice on potential action from the SEC, the general counsel said. Go to Source Powered by WPeMatico
Month: April 2023
Aave’s proposal to launch on zkEVM passes ‘temperature check’ vote
A proposal to deploy the third version of lending protocol Aave has recently passed a “temperate check” with an overwhelming favorable majority. Go to Source Powered by WPeMatico
Ether hits 11-month high as post-Shapella withdrawals pass 1M ETH
Since the Shapella hard fork on April 12, Ether has seen a price gain of nearly 10%. Go to Source Powered by WPeMatico
Latam Insights – Inflation Skyrockets in Argentina, El Salvador Processes Digital Assets Licenses, Venezuelan Crypto Corruption Probe Continues
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: Inflation in Argentina goes over 100%, El Salvador issues its first digital assets licenses, and the crypto-linked corruption probe in Venezuela is still ongoing. Argentina Registers 104.3% Inflation In March, … Read more
Blockchains need an interoperable standard to evolve, say crypto execs
Blockchains without interoperability are like computers without an internet connection — incapable of transferring data and value, a Chainlink Labs executive says. Go to Source Powered by WPeMatico
De-Dollarization: China, Brazil Can Be Instrumental in Building Less Centralized World With No Hegemony, Says Lula’s Adviser
Brazil’s President Luiz Inacio Lula da Silva’s chief adviser on foreign policy, Celso Amorim, says China and Brazil “are coming closer together” and they could play important roles in building a less centralized world with no hegemony. Commenting on de-dollarization, he stressed: “I think it’s very important that we are free from the dominance of … Read more
Blockchain Association files further FOIA requests over banking closures
The crypto advocacy group wants clarity on recent regulatory action against digital asset-friendly banks. Go to Source Powered by WPeMatico
Rep. Davidson to introduce legislation to fire SEC boss Gensler for crypto overreach
A U.S. Representative has declared he will introduce legislation to have SEC boss Gary Gensler removed from his role. Go to Source Powered by WPeMatico
Bitcoin, Ether are ‘like gold’ says Cathie Wood, but Ray Dalio is skeptical
Cathie Wood thinks Bitcoin and Ether are acting as “risk-off” assets and as a “flight to safety” for investors amid macroeconomic uncertainty. Go to Source Powered by WPeMatico
Growing Links Between Middle East, Russia, China Pose Huge Challenge for US, Warns Former Treasury Secretary
Former Treasury Secretary Lawrence Summers has expressed concerns that a rising number of countries, including China, Russia, and the Middle East, are aligning themselves and gaining global influence. “I think [it] is a huge challenge for the United States,” he cautioned. Larry Summers on Countries Banding Together Against the US Former Treasury Secretary Lawrence Summers … Read more