SEC’s Hester Peirce says new stablecoin regs need to allow room for failure
[ad_1] Commissioner Hester Peirce — also known as the Securities and Exchange Commission’s (SECs) “crypto mom” — has backed a regulatory framework for stablecoins that...
Analysts say Ethereum price must hold this key level to avoid a capitulation-like move
[ad_1] The crypto market experienced another day of pain on May 12 as the fallout from the Terra's LUNA and UST failure continues to ripple...
Shanghai court affirms that Bitcoin is virtual property, subject to property rights
[ad_1] The Shanghai High People’s Court has issued a document in which it states that Bitcoin is subject to property rights laws and regulations. That...
Look out below! Ethereum derivatives data hints at further downside from ETH
[ad_1] Ether (ETH) is down 38% in three weeks and the current $2,000 level is 59% below the $4,870 all-time high that was reached in...
US Senate confirms Jerome Powell for another four years as Fed chair
[ad_1] The United States Senate has confirmed the nomination of Jerome Powell as the chair of the board of governors of the Federal Reserve System...
Crypto-associated stocks hammered as COIN and HOOD drop to record lows
[ad_1] Bad news continues to dominate crypto media headlines and May 12's juiciest tidbit was the unexpected collapse of the Terra ecosystem. In addition to...
UST debacle pulls Terra (LUNA) from $80 to $0.024 in a week: here’s where to buy LUNA
[ad_1] Following the Terra’s TerraUSD (UST) stablecoin misfortunes after it de-pegged from the US Dollar, the price of LUNA, which is Terra’s native token, has...
Germany outlines favorable tax guidelines, gains on BTC and ETH sold after a year tax-free
[ad_1] The Federal Ministry of Finance (BaFin) published a 24-page document on Tuesday outlining clear income tax rules for cryptocurrency and virtual assets. Tax practitioners, businesses...
Fantasy NFT trading platform Sorare Partners With Major League Baseball
[ad_1] Sorare, a fantasy football game that allows players to trade, sell, buy, and manage their virtual team with digital player cards, has announced that...
Terra blockchain is back online after an official halt
[ad_1] Validators had halted the blockchain to prevent governance attacks as LUNA price moved towards zero. Terra validators on Thursday moved to halt the blockchain...