News
Bitcoin core dev calls out ‘misleading’ auction selling his code as an NFT
Bitcoin core developer Luke Dashjr has called out the sellers behind an NFT auction for using his name and code without his knowledge or consent. One of the original core developers behind Bitcoin (BTC), Luke Dashjr, has taken to social media to call out an auction...
IMF prefers to regulate crypto than banning it outright: Report
On the sidelines of the G20 meeting in India, IMF managing director Kristalina Georgieva said the agency would prefer to regulate crypto than an outright ban. The International Monetary Fund would prefer to differentiate and regulate crypto assets rather than enforce...
How does the U.S. Dollar Index (DXY) impact cryptocurrencies? Watch Macro Markets
Cointelegraph analyst and writer Marcel Pechman explains how the U.S. Dollar Index (DXY) impacts cryptocurrencies. The show Macro Markets, hosted by Marcel Pechman, which airs every Friday at 12 pm ET on the Cointelegraph Markets & Research YouTube channel,...
Whale sells 1,010 NFTs in 48 hours in ‘largest NFT dump ever’
With the Blur marketplace set for a second airdrop soon, Nansen’s Andrew Thurman theorized that this major NFT dump could be a play to reap extra BLUR token rewards while also booking some profits. According to data from Nansen, nonfungible token (NFT) whale Jeffrey...
SEC is not the appropriate regulator for stablecoins: Circle CEO
Circle boss Jeremy Allaire maintains that "payment stablecoins" are payment systems, not securities. The United States Securities and Exchange Commission is not the appropriate agency to regulate stablecoins, according to Circle founder and CEO Jeremy Allaire.In an...
Frax Finance to retire algorithmic backing amid stablecoin crackdown
The vote was passed to fully collateralize Frax Finance's native stablecoin, thus phasing out its algorithmic backing. The community of decentralized finance stablecoin protocol Frax Finance has voted to fully collateralize its native stablecoin Frax (FRAX), marking...
Redditor could lose young family after crypto trading addiction spirals
What began as a Redditor “just dabbling” two years ago blew into full-blown crypto trading addiction that all came to a head three weeks ago. A self-confessed crypto trading addict and father of two is facing the dire prospect of losing his family forever after...
Hong Kong’s crypto ambition gets subtle nod from Beijing: Report
While China has cracked down on cryptocurrencies in the mainland, it's apparently taking a softer approach to Hong Kong's crypto hub aspirations. Hong Kong’s ambition of becoming a cryptocurrency hub is reportedly seeing subtle support from the Chinese government, in...
Yield platform Stablegains sued for promoting UST as a ‘safe’ investment
The stablecoin yield platform is being sued for customer losses following exposure to the Anchor Protocol and UST collapse last year. Decentralized finance yield platform Stablegains has been sued in a Californian court for allegedly misleading investors and failing...
ShapeShift responds to Sen. Warren’s comments to ‘set the record straight’
Switzerland-based crypto platform claimed Warren made “mistakes” in comments at a recent senate hearing, and encouraged her to “constructively engage” with its community. Non-custodial crypto platform ShapeShift refuted United States Senator Elizabeth Warren’s claims...