DeFi tokens surge over 50% in November, TVL hits 2021 highs
November’s gains have pushed DeFi’s total value locked back to levels last seen in 2021, reaching $118.4 billion on Nov. 25.
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SEC looking to abandon effort requiring crypto firms to register as exchanges
Acting SEC chairman Mark Uyeda has asked SEC staff for ways to abandon a rule change that would expand the definition of alternative trading systems to include crypto firms. A proposed rule change pushing for some crypto firms to register as exchanges could be abandoned under a new directive from the acting chairman of the

Coinbase stops Japan operations amid trading slump
Coinbase crypto exchange originally started planning its Japanese expansion during the bear market in 2018. 256 Total views 2 Total shares Own this piece of history Collect this article as an NFTDespite Bitcoin (BTC) returning to pre-FTX collapse price levels, the contagion still affects the industry, forcing Coinbase cryptocurrency exchange to close operations in Japan.Coinbase…

Ethereum-Compatible Skale Network Raises $17.1M for Mainnet Launch
The Skale Network, decentralized Ethereum-compatible network, has completed a $17.1 million funding round for mainnet launch.Solid global backingBacked by the Liechtenstein’s Node Foundation and United States-based Skale Labs, the network now has over 40 investors in the U.S., European Union, Japan, Korea, Hong Kong and Singapore, according to a press release shared with Cointelegraph on…

Circle CEO: ‘Non-Sovereign’ Bitcoin and Cryptos Will See Continued Growth
Jeremy Allaire, co-founder and CEO of payments company Circle, believes non-sovereign cryptocurrencies such as bitcoin (BTC) will continue to see growth despite the proliferation of new forms of digital assets such as Facebook’s Libra and stablecoins. During an interview on CNBC’s Squawk Box on June 24, Allaire argued that the cryptocurrency landscape will not evolve in…

GateHub Releases PSA on Phishing Scam Targeting Its Ripple Wallet Users
Ripple (XRP) wallet and gateway-as-a-service provider GateHub has warned that there is a phishing scam campaign targeting its cryptocurrency wallet users, as per an announcement on June 13.According to the announcement, GateHub’s wallet users are being sent malicious emails from addresses that look like they are from GateHub: “@gatehub.com” and “@gatehub.net.”The emails instruct the users…

Vitalik Buterin unveils roadmap for Ethereum privacy
Ethereum co-founder Vitalik Buterin outlined an extensive plan to enhance the privacy of the network he helped create. In an April 11 roadmap, Buterin argued for incorporating privacy tools into Ether (ETH) wallets and implementing privacy-enhancing norms and features in the Ethereum ecosystem and protocol. He explained that the roadmap in question is a short-term

Nifty News: Pepsi’s debut drop, 1inch expands P4 Metaverse and Tom Brady gifts NFTs
Cointelegraph has had a lot of NFT related news this week from pop culture to sports and gaming. Below is a roundup of stories you don't want to miss. Pepsi and VaynerNFT team upPepsi launched their Mic Drop genesis NFT collection made up of 1,893 generative style NFTs on the Ethereum blockchain. The number commemorates the…

Mark Cuban says he wants Gary Gensler’s job as head of the SEC
The crypto-friendly billionaire appears to be throwing his full support behind US presidential candidate Kamala Harris.