A U.S. blockchain and lending startup is seeking the U.S. Securities and Exchange Commission’s permission to issue an interest-bearing stablecoin. The startup said the digital token will be used as an alternative to existing stablecoins such as tether and USDC.
Figure Technologies’ Draft Registration Statement
A new blockchain and lending startup, Figure Technologies Inc., has reportedly…
Bitcoin’s price dynamics on Jan. 24, 2024, present a complex picture of market fluctuations and investor sentiment. With crypto prices oscillating between $39,878 and $40,069 in the past hour and a broader 24-hour range of $38,505 to $40,515, the cryptocurrency exhibits…
Solana Unleashes Token Extensions to Enhance SPL Token Standard
January 25, 2024
On Wednesday, Solana Labs unveiled the launch of token extensions, marking a noteworthy advancement in the SPL Token standard. The blockchain network’s token extensions aim to provide a suite of solutions for businesses transitioning to distributed ledger technology…
Following an examination launched in November 2022, FINRA claims widespread potential violations in the way member firms communicate about crypto assets.
FINRA Report Alleges Misinformation in Crypto Asset Marketing
In a report released on Jan. 23, the Financial Industry Regulatory Authority (FINRA) has found that approximately 70% of public communications related to crypto assets by its member…
GBTC Experiences Record Bitcoin Outflow; Blockguard CEO Advises Investor Calm Amidst Market Shift
January 24, 2024
Grayscale’s spot bitcoin exchange-traded fund (ETF), known as GBTC, has experienced increased outflows since its recent update. Present data reveals that a substantial 14,292.18 bitcoin, valued slightly above $556 million, exited the fund after Monday’s trading…
The number of global crypto owners surged 34% in 2023, reaching 580 million by December, a new report shows. In particular, bitcoin ownership surged 33% while Ethereum saw an even steeper rise of 39%. The report pinpoints the approval of spot bitcoin exchange-traded funds…
Tornado Cash Co-Founder Braces for Precedent-Setting Trial in US
January 24, 2024
Roman Storm, facing multiple federal charges related to his role in the creation of Tornado Cash, is bracing for a trial in the United States. Scheduled for September 2024, the trial could have far-reaching implications for the crypto industry and digital privacy laws.
Roman Storm Pledges Vigorous Defense in Upcoming U.S. Trial
Tornado Cash co-founder Roman Storm is readying for what he considers…
Critical Bug in Ethereum's Nethermind Client Highlights Risks of Low Client Diversity
January 24, 2024
A severe bug in the Nethermind Ethereum execution client has recently been uncovered, affecting 8% of Ethereum’s validators and reminding everyone of the necessity for greater client diversity in the Ethereum network.
Critical Flaw in Ethereum’s Nethermind Client…
Warning of a difficult time ahead for the crypto market, global investment bank JPMorgan has downgraded Coinbase stock. Emphasizing that crypto prices are already under pressure, JPMorgan warned of “greater potential for cryptocurrency ETF enthusiasm to further deflate,”…
Report: Ethereum and Solana Showcase Unique Market Dynamics in Recent Altcoin Trends
January 24, 2024
In the dynamic world of crypto markets, recent trends have illuminated intriguing divergences in the altcoin market, particularly between ethereum and solana, relative to bitcoin. A comprehensive report published by Glassnode, an onchain analytics firm, delves into this phenomenon.
Altcoin Dynamics Altered: Ethereum and Solana Lead Post-ETF Era
In the latest edition of Glassnode’s “The Week…
