Regulation
The SEC Chairman sought an additional $70 million in funding, citing crypto markets that were “rife with noncompliance” as one of the reasons.
Business
The Nasdaq stock exchange operator has suspended its effort to launch a crypto custody service that was set to go live in the second quarter.
DeFi
If nobody controls a DeFi service, anyone who invests more than $25 million in developing the project will be responsible for these obligations, stated the bill.
Ethereum
The zero-knowledge proof scaling solution made its rollup and ETH bridge accessible for developers as part of its mainnet Alpha launch.
The ERC-20 tokens awarded to users, along with virtual goods like avatars can now be freely traded.
Bankrupt crypto lender Celsius proposed distributing $1 million from the sale of GK8 to Series B holders, with $24 million allocated towards legal expenses.
A wallet address with 61,216 ETH has transferred the entire balance to crypto exchange Kraken after eight years of inactivity.
The SEC Chairman said he was “disappointed” with the court ruling’s ruling on XRP with respect to retail investors, but the regulator was still “taking a look at” the decision.
Fantom-based Hector Network will redeem HEC tokens against funds in the Treasury after a community vote ended on Monday with 81% in favor of liquidation.
Creditors of the bankrupt crypto firm allege that BlockFi loaned enormous sums to Alameda, collateralized by FTT tokens, despite being privy to the same balance sheet that set off alarm bells before FTX’s collapse.
