The Commodity Futures Trading Commission (CFTC) of the United States is advising lawmakers to grant regulators the authority to examine the books of any firm seeking to acquire a significant interest in any registered market player. Commissioner Kristin Johnson has proposed that Congress pass legislation to close the current oversight
January 27, 2023 2 mins read
The initial Terra leading and autonomous lending platform Mars protocol has the ability to accept any type of digital value for deposits and loans, including LP tokens, cryptos, and more. It revealed on January 20 that it would launch its own cosmic application chain on January 31 and give Terra
January 23, 2023 2 mins read
Bitcoin is poised for significant growth in the market as conditions replicate those seen after the hard-hitting bear market of 2018. Drawing from the newest study, BTC/USD looks set to advance with its Relative Strength Index suggesting a bullish outlook following a brief amount of adjustment. According to crypto dealer
January 22, 2023 2 mins read
The Metaverse has been a popular topic of discussion at the ongoing World Economic Forum (WEF) 2023 in Davos. The web’s future design holds the promise of transforming numerous industries and is more than just a gamification virtual representation of reality.The WEF launched a working version of its own metaverse
January 20, 2023 2 mins read
Nexo Capital Inc, a significant lending platform, has agreed to pay $45 million in penalties to settle charges brought by the Securities and Exchange Commission (SEC) and state regulators. For failing to register the offer and sale of its retail crypto asset leading products, known as Earn Interest products. As
January 20, 2023 2 mins read
South Korea’s Financial Supervisory Services (FSS) has announced a proposal to establish a cryptocurrency monitoring tool. That will be integrated into the identification verification system by the end of January. As well as penalizing cryptocurrency investors who refuse to validate their identities. FSS governor Lee Bok-hyun officially announced this on
January 19, 2023 2 mins read
The US Securities and Exchange Commission filed a long-term action against Ripple in 2020. That contends the firm and its officials issued XRP cryptocurrency to investors without first registering it as a security. The series of hearings are already underway, and Ripple CEO Brad Garlinghuse has claimed that the disagreement
January 19, 2023 2 mins read
Polygon (MATIC), an Ethereum layer 2 scaling protocol, has successfully completed a hard fork. The upgrade intends to address the network’s gas spike and chain reorganization issues (reorgs). As per Polygonscan data, the software was upgraded to Polygon PoS. In an Ethereum-compatible Proof-Of-Stake sidechain, on Jan 17 at 10:45 UTC
January 18, 2023 2 mins read
The Securities and Exchange Commission in the United States has kept a keen eye on the cryptocurrency market. The regulatory authorities are ensuring no errors are unseen. And now it seems to have leaked the personal details of numerous crypto miners associated with the blockchain startup Green. Furthermore, the government
January 18, 2023 2 mins read
Accenture’s senior managing director, David Treat, highlighted why users should be able to move their data and crypto from one location to another at the World Economic Forum in Davos, Switzerland. According to Treat, portability is the future of self-custody in crypto, and one should give the option to transfer
January 17, 2023 2 mins read
