Hester Peirce, popularly known in the digital currency ecosystem as “Crypto Mom” has issued a note of warning that a new proposal from the commission can significantly hurt the Decentralized Finance (DeFi) ecosystem. (Read More)
South Africa’s financial regulator said traders should be “cautious and vigilant” when using FTX Trading Ltd., one of the world’s fastest-growing crypto exchanges. On Wednesday, the Financial Sector Conduct Authority issued two notices warning against dealing with Bahamas-headquartered FTX and Seychelles-based ByBit. It said the companies are not authorized to give financial advice or intermediary […]
The start of a new month has triggered crypto traders and investors to head on a rigorous hunt for digital assets. The first month of the year was expected to bring virtues to the space. Has been rather bland for the majority of the digital assets in the market. As a result of which folks …
Here is our pick of the 3 most important Stablecoin news stories during the week. Facebook exits the stablecoin business, or has it? This week the news was dominated by the news that Facebook has exited the stablecoin arena. Or has it? Certainly on the face of it (no pun intended) it looks like a clean […]
Crypto exchange Gemini recently announced a major sponsorship deal with Real Bedford FC, joining the growing list of industry partners, whose support of the small UK football team with “Bitcoin at its heart” will rise to the Premier League.
After months of all kinds of rumors, a little bit of clarity is finally coming out of India regarding cryptocurrency regulation. The Indian government has announced a plan to tax income from cryptocurrency and non-fungible token (NFT) transactions by 30%. The country’s finance minister Nirmala Sitharaman also proposed a 1% tax deduction on payments related […]
In the growing DeFi panorama, both institutional traders and retail investors are starting to notice the inherent privacy issues with the most popular Layer-1 blockchains. The extreme transparency of L1s such as Ethereum, Solana, and Avalanche, to name a few, leaves investors vulnerable to attacks such as front-running and MEV. Meanwhile, the lack of interchain…