Category: Latest news
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Ireland’s central bank leader calls for ban on crypto ads targeted at youth
[ad_1] The governor of Ireland’s central bank has called for legislators to ban crypto ads aimed at youth, according to a Reuters report dated Jan. 25. Gabriel Makhlouf, Governor of the Central Bank of Ireland, said that a “reasonable number” of young adults had invested their money in cryptocurrency. He added that there is an…
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Roger Ver says he can afford to pay Genesis $20M but insolvency changes agreement
[ad_1] Bitcoin Cash evangelist Roger Ver said on Jan. 25 that he can afford to pay money that he allegedly owes to Genesis, but that he may not need to do so. On Monday, a subsidiary of Genesis summoned Ver over a $20.86 million claim regarding options that he allegedly neglected to settle in late…
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Industry veterans opine on what’s in store for 2023
[ad_1] A recent survey tapped into a crypto-native community to determine what could be in store for the industry this year. Identifying high-quality cryptocurrencies and blockchain applications requires both guts and foresight, which is why early crypto adopters could be a good gauge of what’s to come in 2023. Over 1,000 people participated in the…
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Aptos surges 343% to new all-time high amid renewed interest in L1 blockchains
[ad_1] Aptos (APT), the layer 1 proof-of-stake blockchain developed by ex-Meta staff that supports smart contracts and decentralized applications, has been one of the biggest winners this January, with the token surging more than 343.76% in the last 30 days. 30D APT Chart, the token has surged more than 343% in the last month The…
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UK mulls crypto legislation in 1st parliamentary debate on crypto in 2023
[ad_1] Uk lawmakers held a parliamentary debate on cryptocurrency and regulation on Jan. 25, but while lawmakers were quick to point out gaps in current regulation, relatively few details were given as to what regulation may actually look like. In a preamble to the debate published on the U.K. parliament’s website, chancellor of the exchequer…
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Arizona senator keeps pushing to make Bitcoin legal tender
[ad_1] Republican senator Wendy Rogers introduced a bill on Jan. 25 that proposes including Bitcoin (BTC) in the list of currencies accepted as legal tender in Arizona. If passed, Arizona would become the first state in the U.S. to embrace Bitcoin as an official currency. The bill, if approved, will enable Arizona residents to buy…
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Four RWA lending protocols rank among top 10 lending apps with largest collected interest
[ad_1] Four Real-World Asset (RWA) lending protocols ranked among the top ten Defi lending protocols that collect the largest sum of 180-day cumulative interest fees paid by users, according to crypto influencer Defilgnas’ recent analysis. TrueFi (TRU), Maple Finance, Goldfinch (GFI), and Centrifuge (CFG) are ranked third, fourth, seventh, and tenth, respectively, according to @Defilgnas.…
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Circle blames SEC for failed plan to go public
[ad_1] Stablecoin issuer Circle blamed the U.S. Securities and Exchange Commission (SEC) for its failed public-listing plan, Financial Times reported on Jan. 25. The USDC issuer said the financial regulator failed to approve its S-4 registration before the expiration of its $9 billion special purpose acquisition company (SPAC) deal. The S-4 registration allows companies to…
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COTI’s ‘overcollateralized stablecoin’ Djed set for final release next week
[ad_1] In updating Djed’s progress, COTI gave “next week” as the scheduled launch date for the Cardano-based stablecoin. During a recent video presentation, COTI CEO Shahaf Bar-Geffen said the final rollout is expected sometime in January. In the talk, Bar-Geffen took the opportunity to distinguish Djed as an overcollateralized stablecoin rather than an algorithmic stablecoin.…
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Celsius gets approval to airdrop Flare tokens to eligible accounts
[ad_1] The U.S. bankruptcy court has authorized Celsius to distribute Flare token airdrops to eligible account holders. Flare Network is a Layer-1 protocol that connects decentralized data between chains. The protocol had committed to airdrop Flare native tokens (FLR) to wallets holding at least 1 XRP token as of Dec. 12, 2020. The first batch…