Category: Latest news

[ad_1] Shapeshift founder and long-time Bitcoin advocate Erik Voorhees believes that decentralized finance (DeFi) has already solved the issue of regulatory clarity barring people from possessing or trading a majority of cryptocurrencies. The crypto industry is concerned that all cryptocurrencies besides the four listed on the newly launched EDX Markets — BTC, ETH LTC, and…

[ad_1] Ripple (XRP) bulls are struggling to regain momentum after media reports on June 30 claimed Citigroup might be reconsidering its partnership with Metaco — a company Ripple Labs recently acquired for $250 million. Bulls lose momentum Ripple’s native token XRP had been on a steady pump for almost two months. It hit a high…

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[ad_1] Over the past few years, blockchain technology has paved the way for a new governance model known as the decentralized autonomous organization, or DAO. Built with the philosophy of doing away with a centralized hierarchy that fully controls all decision-making within a given company, DAOs flip the traditional corporate structure on its head, giving…

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[ad_1] Bankrupt crypto lender Celsius Network has been authorized by the bankruptcy court to sell all of its altcoins for Bitcoin (BTC) and Ethereum (ETH), effective tomorrow, July 1, as stated in a June 30 court filing. “[Celsius] may sell or convert any non-BTC and non-ETH cryptocurrency, crypto tokens, or other cryptocurrency assets other than…

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[ad_1] The Bank of Italy (Banca d’Italia), called for thorough stablecoin regulations in a report published on June 28. Bank questions the reliability of stablecoins The central bank described cryptocurrency regulation in general but emphasized a need to regulate stablecoins, which it alleges “have not proved stable at all.” The bank said that algorithmic stablecoins…