Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment
The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model. The Frax…
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American regulators are pushing hard against crypto: Law Decoded, Feb. 28–March 6
Crypto mining operators, custodians and Binance personally received a fine doze of the United States…
Bitcoin Drops with Inflation and Regulatory Fears, EOS, SNX, IMX, Mar. 6
BTC Bitcoin’s rally ran into resistance with a 4.7% drop on the week as traders…
Lawmakers should check the SEC’s wartime consigliere with legislation
Securities and Exchange Commission Chairman Gary Gensler has a lot in common with “The Godfather’s”…
SEC continues streak of enforcement actions, targets BKCoin for alleged $100M fraud
The financial regulator’s complaint alleged that BKCoin raised roughly $100 million from investors to invest…
BIS wraps exploration project on retail CBDC payment system
The bank concluded that a ‘hub-and-spoke’ model between CBDC domestic systems could “reduce settlement and…
Bitcoin traders eye $19K BTC price bottom, warn of ‘hot’ February CPI
It could be a testing few weeks for Bitcoin and risk assets, market commentators say,…
Biggest Movers: ETC Remains Near 2-Month Low, LTC Down by 4% on Monday
Ethereum classic remained near a two-month low on March 6, as a cloud of uncertainty…
Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations
It has been 21 days since Paxos revealed that it would no longer mint the…
Bitcoin, Ethereum Technical Analysis: Volatility in BTC, ETH Remains High to Start the Week
Bitcoin consolidated for a third straight session, as markets prepared for a big week of…
Nigeria Fintech Flutterwave Denies Client Account Hacking Reports
The Nigerian fintech Flutterwave has rejected reports suggesting that hackers have stolen as much as…
Is the IMF shutting the door prematurely on Bitcoin as legal tender?
Should the International Monetary Fund leave the door open for developing countries struggling with inflation?…
Naira redesign no more: President’s directive canned by Nigerian supreme court
The supreme court of Nigeria says no to naira redesign, rules the old banknotes to…
Babel wants to repay creditors via special ‘recovery coins’: Report
Babel reportedly owes $524 million worth of Bitcoin, Ether and other tokens due to “risky…
Technical discussions take center stage at Advancing Bitcoin conference in London
A look back on a highly technical Bitcoin conference hosted in London, in which ordinals,…