Author: e_cash_top
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EU signals regulatory intent with study on ’embedded supervision’ of Ethereum DeFi
[ad_1] Circle Policy Advisor Patrick Hansen tweeted details of a tender by the E.U. Commission to develop “embedded supervision” of decentralized finance (DeFi) on the Ethereum network. “The aim is to study technol. capabilities for automated supervisory monitoring of real-time DeFi activity.“ The value of the tender is estimated to be €250,000 ($242,600), and the…
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Crypto community says new PayPal policy would drive crypto adoption
[ad_1] Twitter’s crypto community has argued that PayPal’s now-canceled misinformation policy could drive more people toward crypto adoption. The policy The policy would have allowed the payments company to sanction users for misinformation by fining them up to $2,500. The firm had stated that its list of prohibited activities included “the sending, posting, or publication…
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Weekly MacroSlate: A fourth 75bps fed rate hike is now on the cards due to a strong U.S jobs report. What does this mean for Bitcoin?
[ad_1] Macro Overview Bank of Japan attempts to rescue the Yen On Sept. 22, the Bank of Japan (BOJ) became the first central bank to intervene with their currency to prevent a currency collapse through FX intervention. A few days later, the Bank of England became the second bank to intervene. Reuters reported that the…
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What does The Merge mean for NFTs?
[ad_1] The Merge changed Ethereum’s consensus mechanism from Proof-of-Work to Proof-of-Stake. That means no more mining (computational calculations to solve an algorithm) to generate new blocks with transactions. Instead, the new blocks are proposed by network validators: participants that lock an amount of the network’s token (in this case, ETH) to be eligible to be…
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Decentraland dispute claims its virtual world platform is a ghost town
[ad_1] In response to a CryptoSlate article published on Oct. 6, Decentraland has disputed the claim that its virtual world platform is a ghost town. DappRadar data called into question The claims were made based on data from DappRadar, and tweeted by Cyber Samurai CEO @0x_shake, who posted that Decentraland “has 30 Daily Active Users…
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Calls mount for Louisiana state to buy Bitcoin following BlackRock divestment
[ad_1] Bitcoin advocates have called for the Louisiana State Treasury to buy BTC after its announcement to divest roughly $794 million held with BlackRock. It’s reported that Louisiana Treasurer John Schroder wrote to BlackRock CEO Larry Fink, expressing his dissatisfaction with the investment firm’s “woke” investment policies at the expense of destroying Louisiana’s economy. The…
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Sushi price rises 6.6% following $5.3M investment from GoldenTree
[ad_1] Decentralized protocol Sushiswap (SUSHI) has seen the price of its native token jump by over 19% in the last 30 days to $1.38 At least one technical analyst on Twitter believes the recent positive momentum surrounding the protocol could be the catalyst that pushes it above $1.5 for the first time since it dropped…
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Luna Foundation blames litigations for non-distribution of assets to Terra holders
[ad_1] Luna Foundation Guard (LFG) tweeted Oct. 7 that its effort to distribute the remaining assets of the failed Terra ecosystem to the token holders has been frozen due to ongoing litigations. 1/ Since $UST’s depeg in May, there has been understandable interest in LFG’s assets and how they will be distributed. As mentioned, our…
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EU narrows Russia’s options further with crypto sanctions
[ad_1] The European Union (EU) commission has imposed a new wave of sanctions on Russia over its invasion of Ukraine, according to an Oct. 6 press statement. “(All) existing prohibitions on crypto assets have been tightened by banning all crypto-asset wallets, accounts, or custody services, irrespective of the amount of the wallet (previously up to…
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Binance looking to spend $1B on deals in 2022; 2 million BNB stolen in BSC bridge hack
[ad_1] The biggest news in the cryptosphere for Oct.7 includes Binance fixing the BSC bridge exploit after 2 million BNB were stolen, Bitcoin’s sinking following new U.S. payroll data, and the second group of attackers taking advantage of the BSC bridge exploit to steal over 60 ETH from Binance by creating a coin. CryptoSlate Top…