Binance launches Ethereum staking ahead of Merge upgrade
Top blockchain and crypto news: Binance bets on Ethereum Merge. What does Terra’s sudden resurgence mean? China seeks to expand e-CNY ecosystem.
-
-
Markets: Bitcoin, Ether slide, crypto market cap drops under US$1 trillion
Cryptocurrency markets continued their skid in Wednesday afternoon trading in Asia, with the global market capitalization dipping to around US$997 billion, down 6% in the last 24 hours. All cryptocurrencies in the top 10 by market cap fell. Solana led the losers, with Bitcoin coming in second. Stock markets slumped. See related article: Markets: Bitcoin,…
-
Why Ethereum Merge will be game-changing for DeFi and crypto investing
Ethereum post-Merge will be much more attractive to institutional investors keen on ESG and earning stable yields, writes Wei Zhou of Coins.ph. Here’s why.
-
China’s two systems for crypto: Trading is banned, but virtual assets can be protected
In a decision involving Litecoin, a Chinese court says there are no rules ‘that negate the protectability of cryptocurrency itself as virtual property.’
-
Treasury to allow users to recover Tornado Cash funds
Over a month after placing the Ethereum coin-mixing tool Tornado Cash under sanctions, the U.S. Treasury Department announced a way for Tornado Cash users to recover their funds on Tuesday. See related article: Tether says didn’t freeze sanctioned Tornado Cash addresses so as to not interfere in investigations Fast facts The new guidance provides a…
-
Citadel, Fidelity and Sequoia backed digital exchange to launch in November
EDX Markets Crypto Exchange, backed by Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital and Virtu Financial, seeks to settle trades on the blockchain for greater speed and efficiency at lower cost, eliminating the need for bilateral settlements, according to a press release on Tuesday. See related article: FTX agrees to help South…
-
Markets: Bitcoin, Ether drop on CPI report, Solana biggest loser, Dogecoin back in top 10
Bitcoin fell almost 10% with Ether close behind in Wednesday morning trading in Asia as the August U.S. consumer price index, a key inflation indicator, came in higher than expected overnight, driving down equity markets and pointing to more agressive interest rate increases by the Federal Reserve. All cryptocurrencies in the top 10 by market…
-
Argentinian tax agency conducts first-ever raids on illegal crypto mining farms
Argentina’s tax collection agency (AFIP) has concluded its first-ever operations against illegal and “clandestine” crypto mining farms operating within the country, the agency announced last week. See related article: Crypto miners should disclose energy data, US lawmakers say Fast facts The AFIP conducted four raids on crypto farms that were under the guise of other…
-
Crypto Fraud and Asset Recovery Network in U.K. launches Hong Kong chapter
The Crypto Fraud and Asset Recovery Network (CFAAR), which calls itself the first global network of its kind, has launched a Hong Kong-based chapter in collaboration with seven local finance, law, and crypto regulation experts. See related article: Australia establishes federal crypto police unit Fast facts The Crypto Fraud and Asset Recovery network began in…
-
Securities or not? South Korea to evaluate Terra’s LUNA token
Identifying characteristics of securities in Terra’s tokens could help South Korea with new charges on Terraform Labs and CEO Do Kwon.