Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDD
Seven days ago, Bitcoin.com News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since then and since the terrausd (UST) de-pegging event, the Tron DAO Reserve has continued to purchase large quantities of digital assets to bolster the project’s reserves. In addition to the
Solana (SOL) TVL Reaches 2022 Low; Crashes More Than $6 Billion
Solana total value locked (TVL) continued to plunge in the third week of May due to bearish trends in the market that have seen declining interest in decentralized finance (DeFi). Solana has been one of the best-performing crypto projects in the last 18 months. According to Be[In]Crypto Research, Solana has lost 60% in total
Crypto Market Sentiment Improves Over Week, Bitcoin and Ethereum in Positive Zone Today
Source: iStock/EasyturnSentiment in the crypto market rose slightly this week, after nearly all major cryptoassets recorded higher prices over the past 7 days.According to data from the market sentiment analysis service Omenics, the average 7-day sentscore for the 10 largest coins tracked rose to 5.08, up from 4.9 last week and 5.02 the
Nigerian SEC Announces New Rules Governing Issuance of Digital Assets
The Nigerian securities regulator has announced new rules that govern the issuing of digital assets. The new rules also include registration requirements for platforms that offer digital assets. Initial Assessment Filing The Nigerian Securities and Exchange Commission (SEC) has announced new rules that govern the issuing of digital assets as securities. The regulations also
FTX CEO Testifies at House Hearing; Defends Plan to Automate Futures Market
FTX CEO Sam Bankman-Fried testified before the House Agricultural Committee on Friday following a proposal to regulate futures markets with automated tools. Amidst skepticism, FTX CEO Sam Bankman-Fried made his case for using computers to perform margin calls on leveraged positions at a hearing on Friday in Washington, D.C. In his testimony, Bankman-Fried testified that
Crypto Market Sentiment Improves Over Week, Bitcoin and Ethereum in Positive Zone Today
Source: iStock/EasyturnSentiment in the crypto market rose slightly this week, after nearly all major cryptoassets recorded higher prices over the past 7 days.According to data from the market sentiment analysis service Omenics, the average 7-day sentscore for the 10 largest coins tracked rose to 5.08, up from 4.9 last week and 5.02 the
Public Consultations Reveal Positive Interest in Bank of Israel’s Digital Shekel
A survey carried out by the central bank of Israel has returned mostly positive responses from stakeholders regarding the possible issuance of a digital shekel currency. Many of the participants in the public consultations support the continued development of the project, the regulator said. Bank of Israel Releases Results From Consultations on Digital Shekel
Regulation of Crypto Industry a Global Priority Says International Securities Commission
Establishing a worldwide regime for cryptocurrency regulation has become a top priority for the global association of market regulators, according to one top official. The drastic decline in cryptocurrency markets following the broad adoption of digital assets last year has made them one of the three main areas of concern, alongside the coronavirus pandemic
Crypto Market Sentiment Improves Over Week, Bitcoin and Ethereum in Positive Zone Today
Source: iStock/EasyturnSentiment in the crypto market rose slightly this week, after nearly all major cryptoassets recorded higher prices over the past 7 days.According to data from the market sentiment analysis service Omenics, the average 7-day sentscore for the 10 largest coins tracked rose to 5.08, up from 4.9 last week and 5.02 the
Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims
Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has dropped to fresh new lows, slipping to $0.0156 per unit. Terra’s founder Do Kwon revealed a plan on Wednesday,