Canada crypto exchanges get more time for stablecoin compliance

From April 13 to May 1, TVL on decentralized exchanges declined by $1.66 billion while it increased on liquid staking protocols by $280 million. 233 Total views 1 Total shares Own this piece of history Collect this article as an NFTLiquid staking solutions such as Lido and Rocket Pool now have more total value locked…

South Carolina Senator Tim Scott, the leader of the US Senate Banking Committee, plans to introduce a bill on March 6 to end regulatory oversight of customer reputational risks toward banks, paving the way for an end to a discriminatory practice known as “debanking,” according to a report from The Wall Street Journal. Debanking is

Head of over-the-counter (OTC) sales at cryptocurrency exchange Kraken Nelson Minier has compared today’s cryptocurrency trading industry to how Wall Street used to be — adding that it is still too soon to call Bitcoin (BTC) a safe haven for investors.During the Nasdaq TradeTalks interview published on Aug. 22, Minier said:“Wall Street ain't what it…

Bitcoin (BTC) hit $40,000 on Jan. 7 in the latest psychologically significant milestone for cryptocurrency bulls.BTC price crushes the $30,000 corridor in record timeData from Cointelegraph Markets and TradingView confirmed BTC/USD officially hitting dizzying new highs during trading on Thursday, bringing weekly gains to more than 40%.BTC/USD 1-minute candle chart (Bitstamp). Source: TradingViewIn just one of…

Blockchain data provider TokenAnalyst estimates that capital outflows from major crypto exchanges have exceeded inflows by ~$622 million over the past five days, Bloomberg reported on May 15.London-based TokenAnalyst has reportedly based its figure on an analysis of withdrawals and capital inflows on multiple crypto trading platforms — including Bitfinex, BitMEX, Binance and Kraken.While bitcoin…

Former Goldman Sachs hedge fund manager and cryptocurrency bull Raoul Pal claimed in a tweet that he now only owns a single Bitcoin. As the claim was made in the heat of a Twitter fight with self-proclaimed “Bitcoin Strategist” Greg Foss it’s not entirely clear whether it’s an exaggeration or an accurate statement about his…

The US Securities and Exchange Commission and federal prosecutors have charged a man they allege created a crypto scheme that swindled 90,000 people out of $200 million in the hopes of earning returns from Bitcoin and forex trading. The SEC said on April 22 that it had charged Ramil Palafox, a dual citizen of the

TORN is near a historically strong support range, eyeing a 75% rebound by September 2022. 211 Total views 3 Total shares Tornado Cash (TORN) has lost almost half its market valuation two days after being slapped with sanctions by the U.S. Treasury Department.The department accused Tornado Cash, a crypto mixer platform, of laundering more than…

In the lead up to its major network upgrade Stargate, Cosmos (ATOM) has announced a three-month-long bug bounty with double rewards to improve the software’s robustness prior to release. The key Stargate upgrade will complete the original roadmap laid out in the Cosmos Whitepaper and will include the first implementation of the IBC protocol — which…