Author: e_cash_top

[ad_1] Janet Yellen, U.S. Secretary of the Treasury, affirmed the need to regulate the cryptocurrency sector beyond securities laws on Feb. 6. Yellen made those remarks during a hearing before the U.S. House of Representatives Committee on Financial Services. There, she said: “The [Treasury’s Financial Stability Oversight Council (FSOC)] is focused on digital assets and…

[ad_1] Digital Currency Group (DCG), the parent company of the defunct crypto lender Genesis, has filed an objection against the approval of its subsidiary’s bankruptcy plan, which was created via a “clandestine approach.” In a Feb. 5 court filing, DCG argued that Genesis’ plan aims to exceed legal obligations by overcompensating creditors. According to the…

[ad_1] The U.S. Securities and Exchange Commission (SEC) extended the decision period for Invesco and Galaxy’s spot Ethereum ETF on Feb. 6. The agency’s announcement specifically concerns a proposed rule change from Cboe BZX that would allow it to list and trade shares of the fund. The SEC said that the proposed rule change was…

[ad_1] Ronin (RON) saw its value plummet by 26% right after its listing on the Binance exchange, erasing a 15% gain and marking a nearly 30% drop in the last 24 hours. Following a short-lived recovery that pushed Ronin above the $3 mark for the first time since February 2022, the digital asset encountered strong…

[ad_1] The Solana blockchain network resumed full operations following a five-hour major outage that temporarily halted transactions and disrupted services. The interruption, which started at approximately 9:53 AM UTC, was resolved after a collaborative effort by Solana’s engineers and validator operators, leading to a successful network restart at 14:57 UTC. It was the first outage…

[ad_1] Bitcoin’s origin story took center stage on day two as Dr. Craig Wright, who claims to be Satoshi Nakamoto, took the witness stand under oath. Wright faces allegations of presenting forged documents to support his identity claim by the Crypto Open Patent Alliance (COPA). In the initial morning session, Justice Mellor explicitly stated the…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

[ad_1] Solana validators said they would restart the blockchain network’s Mainnet-Beta cluster using version 1.17.20 after an outage today, Feb. 6. Earlier today, the Solana status page confirmed an outage on its mainnet. “Engineers from across the ecosystem are investigating an outage on mainnet-beta,” one of the blockchain company’s official social media handles wrote. Laine,…

[ad_1] Two digital assets, Monero’s XMR, and Multichain’s MULTI, saw a steep drop in value after Binance, the largest crypto exchange by trading volume, revealed that they would be delisted by Feb. 20. Earlier today, Feb. 6, Binance said XMR and MULTI, alongside other digital assets like Aragon (ANT) and Vai (VAI), would be delisted and…

[ad_1] Quick Take The UTXO Realized Price Distribution (URPD) metric by Glassnode offers a snapshot of the prices at which the existing Bitcoin UTXOs were established. Each bar on the graph represents the Bitcoin in circulation that was last transferred within a particular price range. Since the bull run of 2021, when Bitcoin reached an…