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Can you trust crypto exchanges after the collapse of FTX?

On Oct. 25, 2022 — about two weeks before the collapse of the world’s third-largest cryptocurrency exchange, FTX — prominent DeFi architect Andre Cronje published a foreboding article with a chilling warning on the state of centralized cryptocurrency exchanges: “Remedies under the current regulatory regime are ineffective. Most investors sign away their rights to their […]

Ethereum supply plunges 37% on crypto exchange post the Merge upgrade

The decline in exchange supply, especially just weeks before the Shanghai upgrade, is being seen as a bullish sign.

Polygon tables late-March launch date for its zkEVM Mainnet Beta

The Ethereum scaling solutions provider is preparing to launch its long-awaited Ethereum Virtual Machine roll-up technology.

Sell or stake: Ethereum staking giant Lido mulls choices for its $30M ETH

While LidoDAO’s current inflows of about 1000 stETH are sufficient to cover operating costs for the time being, it’s worried that may not last.

Ethereum’s $1.5K support weakens as ETH traders turn slightly bearish

ETH derivatives data shows bulls becoming less inclined to defend the current price level, creating an opportunity for more downside.

OFAC-compliant blocks on Ethereum hit three-month low of 47%

Back in November, the percentage of Ethereum blocks complying with orders from the Office of Foreign Asset Control peaked at 79%.

Are stablecoins securities? Well, its not so simple, say lawyers

One lawyer said that while stablecoins are meant to be stable, buyers may possibly profit from a range of arbitrage, hedging, and staking opportunities.

SEC's crypto staking crackdown has uncertain consequences for DeFi: Lido Finance

A Lido DAO member raised concerns over what impact the SEC’s crackdowns on staking could mean for the future of DeFi in the U.S.

Vitalik Buterin donates $227k to help earthquake victims in Turkey

The Ethereum co-founder has sent around $227,000 in ETH to two Turkish earthquake relief organizations.

Wormhole hacker moves another $46M of stolen funds

The Wormhole exploiter appears to be seeking arbitrage opportunities with Ethereum-pegged assets.

Brazil’s oldest bank allows residents to pay their taxes using crypto

The move will allow Brazilian taxpayers to easily settle their tax liabilities, meanwhile expanding "access" to the digital asset ecosystem.

Kraken’s staking down, FTX post-bankruptcy hell and Binance news: Hodler’s Digest, Feb. 5-11

Top Stories This Week Kraken reaches $30M settlement with SEC over staking as IRS seeks user information Kraken has agreed to stop offering staking services or programs to United States clients after reaching an agreement with the U.S. Securities and Exchange Commission (SEC). Along with ceasing operations, the crypto exchange will pay $30 million in […]

2023 is a make-or-break year for blockchain gaming: Play-to-own

While the thesis is compelling for crypto gaming, the way forward is unclear. Interoperability is one thorny issue and playability is still yet to catch up to traditional games.

Ethereum's Shapella transition is "on the horizon"

The milestone is another step on the road to the Shanghai upgrade, which remains scheduled for March.

SEC enforcement against Kraken opens doors for Lido, Frax and Rocket Pool

Kraken has put an end to staking as a service and Coinbse could eventually be forced to follow suit. Will this create opportunities for LDO, FXS and RPL?

Worldwide Webb founder explains the role interoperability will play in Web3 ecosystems

NFT Steez chats with Worldwide Webb founder Thomas Webb to discuss the future impact of interoperability in Web3 and the Metaverse.

Ethereum price risks 20% correction amid SEC's crackdown on crypto staking

Ethereum may experience a drop in user activity alongside ETH price with crypto staking in the crosshairs of the SEC.

‘Agent of an anti-crypto agenda’ — Community slams Gensler over Kraken crackdown

SEC's recent charges against crypto exchange Kraken over its staking program have sent tremors through the crypto industry.

China’s 180M digital yuan airdrop, Devastation in Turkey, Laos’ CBDC: Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments. China airdrops 180 million digital yuan to celebrate Lunar New Year  According to state-owned media Global Times, Chinese cities airdropped a total of 180 million digital yuan (e-CNY) worth $26.6 million to boost consumption during the Lunar New Year celebrations between […]

Rocket Pool’s Ethereum staking service reaches $1B in TVL

The milestone comes less than two years after the launch of its mainnet.

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