Proof of Stake Alliance publishes white papers on legal aspects of liquidity staking
Experts from 10 industry organizations contributed to this pioneering examination of legal questions surrounding proof of stake. Go to Source Powered by WPeMatico
Liquidity
Auto Added by WPeMatico
72% of institutional traders are crypto-skeptical this year: JPMorgan
The seventh edition of JPMorgan’s e-Trading Edit asked 835 institutional traders about their plans for trading digital assets in 2023, among other topics. Go to Source Powered by WPeMatico
Stablecoin Economy Sheds Another $3 Billion in 44 Days
The stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd coin’s market cap slid by 2.9%, BUSD valuation shed 7.2% over the last month … Read more
UK’s FCA hints at why its given only 15% of crypto firms the regulatory nod
The UK financial watchdog has received 300 crypto firm registration applications but has approved only 41 applicants. Go to Source Powered by WPeMatico
CFTC’s Johnson urges Congress to expand commission’s crypto oversight powers
Commodity Futures Trading Commission Kristin Johnson wants to protect customers in a way that reduces the risk of future crises. Go to Source Powered by WPeMatico
We Must Expedite the Move From Centralized Services to Viable DeFi Alternatives
There is a reason centralized exchanges have dominated despite being antithetical to crypto’s core tenets. The following opinion editorial was written by Bitcoin.com CEO Dennis Jarvis. The gross mismanagement and outright fraud in 2022 by many opaque centralized exchanges are driving people back to the core tenets of crypto, such as decentralization, self-custody, transparency, and … Read more
FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings
Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital currencies classified as “liquid assets.” However, two of the firm’s top cryptocurrency caches are not liquid as the company’s … Read more
Genesis is planning to file for bankruptcy: Report
Another one bites the dust? Reports suggest the initial filing could come later this week. Go to Source Powered by WPeMatico
Binance Launches Off-Exchange Settlement Solution ‘Binance Mirror’ for Institutional Clients
The largest crypto-asset exchange by global trade volume, Binance, announced that its custody business has launched an off-exchange settlement solution for institutional clients. With this solution, institutions can lock a specified amount of crypto with a qualified cold storage wallet, and assets will be mirrored on their Binance exchange account with a 1:1 balance. Binance … Read more
Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps
According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023, Uniswap version three (V3) has the highest trade volume during the past 24 hours at … Read more