The Daily Crypto News

SEC probes Coinbase. Regulators are also eyeing another crypto exchange. It seems planned. The crypto industry has been requesting clear guidelines from regulators for years. Federal officials have criticized the industry. Ishan Wahi, a former Coinbase product manager, and two others are accused of orchestrating an insider-trading operation that netted

According to Tether, their exposure to commercial paper has decreased from $30 billion just one year ago to $3.7 billion overall. Tether, a major stablecoin issuer, has repeated that it intends to totally get rid of the commercial paper backing for its USDT stablecoin denominated in dollars. Tether stated

Experts fear another crypto crash is likely. Despite bitcoin and other cryptocurrencies' recent gains, the crypto industry is still in peril. Bitcoin and ethereum are 50% below their November highs. Bitcoin has gone below $20,000 numerous times in recent weeks, a key price threshold as experts debate whether it

Lido rejected Dragonfly Capital's bid with support from an unnamed whale. Lido's leadership proposed selling 10M LDO to Dragonfly Capital for $1.45 per token stablecoins. LDO, the protocol's governance token, was trading at $1.60 in New York on Sunday night. But LDO holders opposed Lido's arrangement with Dragonfly.

Ethereum's chief scientist says PoS will complete network halfway The Merge is imminent. Rising hopes for a new, more powerful Ethereum have boosted DeFi in the recent week. Ethereum will be halfway there after The Merge. The network will begin The Surge next. Important Vitalik Buterin, Ethereum's principal scientist and

Cryptocurrency prices have been in the news due to huge swings. Many debate if cryptocurrencies are a suitable investment due to their volatility. Investing in cryptocurrencies requires careful consideration. First, know that cryptocurrency prices are unpredictable and can change suddenly. Investing in them could quickly devalue your money. Second, cryptocurrency

When LooksRare NFT premiered, many were excited. It gave OpenSea much-needed competition, despite suspicions of wash trading. Compare the total volume to the filtered version, which removes wash trading. LooksRare Stats The NFT sector needs additional OpenSea-competitive marketplaces. Wash trade rumors have devastated LooksRare. LooksRare has almost 103,000 registered

Blockchain and decentralized finance rely on decentralized pricing oracles. Chainlink is now the best service provider. Maker and WINkLink have risen in the ranks, but not as expected. Oracle's Chainlink Rankings Decentralized oracles secure blockchain value like DeFi protocols. Chainlink has been the top oracle services provider in recent years.

All markets are rebounding, says Uniswap v3. The leading decentralized exchange shows an increase in trade volume, fees, and TVL, indicating trust. ETH, USDC, and WBTC are the most traded currencies. Uniswap V3 Soars Since mid-2021, the severe crypto market trend has affected all platforms, protocols, and service providers. This

Eddie Yue, the chief executive officer of the Hong Kong Monetary Authority, stated during a G20 conference that cryptocurrencies and decentralized financial systems will continue to be key factors. Eddie Yue, the Chief Executive Officer of the Hong Kong Monetary Authority (HKMA), believes that cryptocurrencies and decentralized finance (DeFi) will

Decentralized finance depends on lending. Aave is rising again despite Anchor's high Total Value Locked. Will the top TVL slot change in the coming weeks? Aave's return? Aave no longer dominates DeFi lending. It's the most popular Ethereum blockchain lending protocol, ahead of Compound, Iron Bank, Notional, and B.Protocol.

Perhaps these are famous last words, but the crypto market's weekend resurgence does not feel like a dead cat bounce. Ether climbed to its highest level in five weeks, and other DeFi assets also showed impressive gains. Since setting a local low on July 13, a number of leading DeFi

Ethereum developers had a conference call yesterday regarding the major "Merge," when Ethereum will switch from proof-of-work to proof-of-stake. Tim Beiko, the team's leader, said September 19 is the "tentative merger date," via Cointelegraph. When Cointelegraph reported "Ethereum programmers confirm The Merge date," My brain took that as: "Ethereum programmers

Digital assets will soon no longer be permitted as a method of payment in Russia. Vladimir Putin has signed into law a bill forbidding the use of digital assets, such as cryptocurrencies and non-fiat currencies, to pay for goods and services. In addition, as noted by Protocol, the new rule

NFTs and the metaverse are two hot crypto sub-sectors. Users and investors have huge opportunities. This article discusses the top NFT metaverse gaming cryptocurrencies for investors. 1. Lucky Block (LBLOCK) LBLOCK is the greatest NFT gaming crypto. Lucky Block's digital asset is one of the market's most fascinating coins. Lucky

DappBay, a dApp hub on the BNB Chain ecosystem, has been launched today by Binance's BNB Chain. The blockchain has a user-friendly contract risk assessment tool called "Red Alarm" that helps customers protect their money from potential scammers and rug pullers by identifying potential high risk projects. By entering the

Following China's intensified assault on the sector, the U.S. has overtaken it as the world leader in bitcoin mining, according to the Cambridge Centre for Alternative Finance (CCAF). According to the most recent CCAF data, the United States accounted for 35.4% of the world's hashrate—the total amount

The inquiry stage of the digital euro project will be finished, according to the European Central Bank, in the fall of 2023. According to the European Central Bank, only a digital euro that is broadly adopted by European users could be deemed successful (ECB). In a blog post written by

The third well-known cryptocurrency company to do so in the past two weeks is the crypto lender Celsius Network, which announced Wednesday night that bankruptcy proceedings had been opened. According to the Chapter 11 bankruptcy petition submitted by the New Jersey-based company to the Southern District of New York, it

In order to decentralize network management and control, StarkWare, the firm that created the Ethereum layer-2 scaling solution StarkNet, aims to introduce a native coin. The token was unveiled a day after Su Zhu, the mysterious creator of the unsuccessful cryptocurrency hedge fund Three Arrows Capital, criticized the fund's liquidators.