Former CFTC chair criticizes STABLE Act amid calls for urgent regulatory clarity
Representative Stephen Lynch said he worries that without proper crypto regulation, lawmakers are “[inviting] the next financial disaster.”
Representative Stephen Lynch said he worries that without proper crypto regulation, lawmakers are “[inviting] the next financial disaster.”
Bank of England Governor Andrew Bailey expressed skepticism about the role of central bank digital currencies (CBDCs) in financial stability, emphasizing that central banks must maintain control over monetary transmission through the banking system. Speaking at the University of Chicago Booth School of Business in London on Feb. 11, Bailey reinforced that while financial markets … Read more
Crypto whales sold MOG, PEPE, and TURBO throughout early February, following a broader trend of large holders reducing their exposure to meme coins. While MOG has seen the most aggressive selling, PEPE and TURBO have also experienced a steady decline in whale addresses, signaling weaker confidence among major investors. Although the number of large holders … Read more
Lido, a decentralized protocol enabling liquid staking on Ethereum, has released Version 3 (V3) of its infrastructure, centered on stVaults. These modular vaults allow users to customize staking parameters, including validator selection, fee structures, and risk profiles while retaining access to STETH, Lido’s liquid staking token. Ethereum’s Lido Rolls Out Modular Staking in Major Protocol … Read more
Donald Trump nominated Paul Atkins as an SEC commissioner following the departure of Gary Gensler and Jaime Lizárraga.
Ethereum’s recent surge in exchange outflows marks a significant milestone, reflecting heightened investor confidence amid market uncertainty. The 224,410 ETH removed from exchanges in just 24 hours highlights the growing desire among investors to hold rather than trade. “When exchange outflow surges, it implies that investors are actively buying the asset and anticipate prices to … Read more
Uniswap has announced the mainnet launch of its Ethereum layer-2 blockchain, Unichain.
An X user going by the name AB Kaui Dong sounded the alarm early Tuesday, when he noticed suspicious onchain activity by the world’s largest cryptocurrency exchange, Binance. “The most discussed topic among peers today should be Binance, which is selling off a large amount of its own BTC and ETH assets,” Dong said. “Most … Read more
KURL Technology Group increased its Bitcoin treasury by $10 million, reinforcing its strategy to accumulate the world’s top cryptocurrency as a reserve asset. KURL bought 100 Bitcoin (BTC) for $10 million, scooping tokens for an average price of $103,905 per coin as announced by the company’s CEO and co-founder, Michael Mo. Mo stated that KURL’s … Read more
Several other major crypto firms are also considering hitting the public equity markets in 2025.