Solana (SOL) price sell-off accelerates — Will traders defend the $130 support?
Solana price could bounce from $130 to $150 “golden zone” with the possibility of a mean reversion playing out over the short term.
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Regulatory clarity key for banks entering crypto, industry exec says
Lead Bank executive Erica Khalili talks about why now’s not an easy time in the digital banking sector.

Scientists reverse-engineered the Luna flash crash using particle physics
Do Kwon: "95% are going to die [coins], but there's also entertainment in watching companies die too" 8 days ago. Ironic. pic.twitter.com/fEQMZIyd9a— Pedr (@EncryptedPedro) May 11, 2022 More than $40 billion in investor assets were lost in the crash between May 5 and May 13, 2022. Less than a year later, Do Kwon was arrested…

Texas Regulators Take Aim at South African Cryptocurrency MLM Scheme
The Texas State Securities Board has successfully shut down the operations of an illegal cryptocurrency investment scheme. 729 Total views 21 Total shares The Texas State Securities Board has shut down the activities of a South African multi-level marketing scheme involving cryptocurrency investments in the state.In a recent statement, Securities Commissioner Travis J. Iles said…

KuCoin’s settlement with CFTC in flux after Trump policy shift
A planned settlement between the US Commodity Futures Trading Commission and crypto exchange KuCoin will likely be delayed after a policy shift at the CFTC to deprioritize cases against crypto companies under the Trump administration. CFTC attorney John Murphy submitted a letter on April 21 to District Judge Valerie Caproni, asking for more time to

Metaverse housing bubble bursting? Virtual land prices crash 85% amid waning interest
The metaverse sector is witnessing its very-own housing crisis moment, thanks to massive declines in the prices of its virtual lands in 2022, led by waning users' interest and a crypto bear market.Land sales plunge 85% in 2022In particular, metaverse projects built on the Ethereum blockchain, including the Sandbox and Decentraland, have witnessed substantial declines…

FTX creditors speak on plans, lessons learned as repayments start
The FTX collapse was painful for many creditors, causing mental distress and underscoring the dangers of keeping crypto on centralized exchanges.

Institutional money is pumping the DeFi markets back up
Since making its first investment in October, Polychain Capital is now the 10th-largest holder of YFI. 1687 Total views 23 Total shares Institutional money appears to be flowing into the decentralized finance (DeFi) sector, with Yearn Finance (YFI) among the top beneficiaries.According to crypto market data aggregator IntoTheBlock, on-chain transactions of $100,000 or higher have…

US Congress Considers A Draft Bill Claiming Stablecoins Are Securities
United States Congress is considering a draft bill that claims all managed stablecoins must be seen as investment contracts and therefore as securities.Libra in the United StatesThe U.S. Representative for Texas's 29th congressional district, Sylvia Garcia, introduced a draft bill to the House Financial Services Committee on Oct. 18. The draft bill, called the ‘‘Stablecoins…