NYDFS ‘More Eager Than Anyone’ for Federal Legislation, Chief Says
The NYDFS superintendent said at a digital asset conference in Manhattan that federal crypto legislation is welcomed, but states should retain regulatory roles. NY’s...
Singapore Court Grants WazirX Four-Month Conditional Moratorium
WazirX has been granted a four month moratorium under certain conditions. The Indian cryptocurrency exchange lost $234 million, some 45% of customers’ funds, in...
Bitcoin ETF Demand Grows Among U.S. Investors as China Considers Massive $142B Capital Injection
Bitcoin traded above $63,000, experiencing a slight daily decline but a weekly gain, with BTC ETFs seeing significant positive net inflows, indicating a trend...
Key Indicators Challenge Fed’s ‘Normalization’ Rate Cut That Torched Bitcoin Rally
The post-Fed risk-on rally supports the normalization narrative. Some indicators, like the unemployment rate, the ratio between leading and lagging economic indicators, and the...
Crypto Inspired by ‘Moo Deng’ Zooms to $100M as Hippo Meme Takes Over Internet
Moo Deng, a baby pygmy hippo, has become an internet sensation, leading to the creation of a Solana-based memecoin that has surpassed a $100...
Curve Finance Mulls Removing TrueUSD as Collateral for Stablecoin Curve USD
A new proposal on Curve Finance suggests removing TrueUSD (TUSD) as collateral for its stablecoin, crvUSD, due to concerns over TUSD’s stability and regulatory...
Ethereum’s Changing Landscape
Ethereum’s ability to host a wide-range of applications and assets has been evident for years, but the investment case for its native token, ETH,...
Unreliability, High Prices, and Security Breaches: Can DePIN Fix Telecom?
Despite its estimated size of over $3.1 trillion in 2024, today’s telecom industry is facing financial, technological, and infrastructural sustainability challenges. As an average...
Stablecoins Will Drive Institutional Adoption in Asia: Chainalysis CEO
Stablecoins will drive institutional adoption in Asia, Chainalysis CEO Michael Gronager said in an interview. While Asia has greater user adoption, the U.S. is...