SOON closes funding round for Solana-based layer 2
Backers hail from Solana Labs, Coinbase Ventures and Celestia, among others.
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Argentina’s Central Bank Bans Bitcoin Purchases With Credit Cards
After recently imposing limits on U.S. dollar purchases, the Central Bank of Argentina (BCA) announced Oct. 31, that citizens are prohibited from using credit cards to buy Bitcoin (BTC) or other cryptocurrencies. The news was initially reported by Cointelegraph Brazil on Nov. 1. All in the name of preserving forex reservesThe measures were published in a…

Crypto awakening: Researcher explains ETH exodus from exchanges
On-chain analytics show that ETH and stablecoins have been flowing out of centralized exchanges in the aftermath of FTX’s collapse. 232 Total views 3 Total shares Blockchain analytics carried out by a Nansen researcher has highlighted outflows of Ether (ETH) and stablecoins from centralized exchanges in the wake of FTX’s collapse.Nansen research analyst Sandra Leow…

US lawmakers urge EPA to consider the potential benefits of crypto mining
“Digital assets, and their related mining activities, are essential to the economic future of the United States," said the group of 14 lawmakers. 319 Total views 24 Total shares A group of 14 United States senators and House representatives have signed a letter to the Environmental Protection Agency extolling what they believe are the benefits…

Some Russian officials are being forced to sell their crypto by April 2021
Some Russian public officials have to disclose their crypto holdings, while other officials are obliged to hold zero crypto by April 1, according to a new law. 1942 Total views 9 Total shares Russia adopted its cryptocurrency law in January, but this legislation does not provide a direct answer to some questions, including how local…

Arbitrum daily revenue surges 16,500% after LayerZero’s ZRO launch
LayerZero’s “not an airdrop” ZRO token airdrop has spurred a new peak for Arbitrum’s daily revenue.

Coinbase CEO on its Wells Notice: SEC is like soccer referees in a game of pickleball
Brian Armstrong made the interesting analogy when asked to explain the firm's recent "Wells Notice" in "NFL terms." 358 Total views 3 Total shares Own this piece of history Collect this article as an NFTBrian Armstrong, the CEO and co-founder of crypto exchange Coinbase has compared the Securities and Exchange Commission (SEC) to “soccer refs”…

Billionaire Henry Kravis Invests in Former Employee’s Crypto Fund
Billionaire Henry Kravis has started investing in the cryptocurrency space, according to a report by Bloomberg on June 28Ben Forman, a former employee of Kravi’s KKR & Co, said that Kravis has invested in the flagship fund for his blockchain-focused investment firm ParaFi Capital of San Francisco.Discussing his decision to leave KKR to found ParaFi…

Ripple’s Sarbhai: Regulators No Longer Take the ‘Blockchain Good, Crypto Bad’ Approach
Ripple’s Sagar Sarbhai has said he believes that blockchain technology and crypto assets are now being tackled more holistically by policymakers, in an interview on CNBC Markets today, September 17.Sarbhai, who is head of regulatory relations for Asia-Pacific and the Middle East at Ripple, said he thinks that regulators are no longer taking a compartmentalized…