Bons noted that even with 50% OFAC compliance among Ethereum validators, blocks will still be produced within 30 seconds. Ethereum bulls have hit back against claims the network has become prone to censorship post-Merge, with one arguing that “not even a single” transaction has been censored on the network. In a 19-part thread to his...Continue Reading
Mark Zuckerberg’s tech empire has a long history of using centralized systems to hurt users. Now it’s trying to join Web3. The future of how we socialize online is being defined as we speak, and it’s far too important to leave things to the likes of Meta and other mega social companies. Just a surface-level...Continue Reading
Judge Martin Glenn says U.K. legal principles may be “persuasive” in the absence of U.S. legal precedents in the complex case of the crypto lending platform’s bankruptcy. The lack of crypto regulation in the United States has long complicating the lives of users and service providers, and now a judge has acknowledged the pain the...Continue Reading
The Texas State Securities Board enforcement director downloaded an FTX Trading app – not an FTX US app – in Texas using his own information and was able to earn interest on it. The Texas State Securities Board (SSB) and the Texas Department of Banking (DOB) filed a supplemental declaration Oct. 14 in the Voyager...Continue Reading
Grayscale and Ripple against the SEC, Coin Center versus the Treasury — it’s a hot season in the U.S. courts. Perhaps one of the most captivating signs of the industry’s maturity is the increasing amount of court cases in which crypto companies fight back against perceived regulatory abuses. Last week saw some major advancements in...Continue Reading
These altcoins are carving out gains as Bitcoin price continues to trade within a tightening range. The United States equities markets have made a bullish start to the new week. The S&P 500 is up about 2.60% and the Nasdaq Composite has rallied more than 3%. This indicates that the markets have shrugged off September’s...Continue Reading
It is an update to the original 100M ecosystem funding proposal, which Terra developers say did not fit the community’s needs. On Monday, developers of the Terra ecosystem, which consists of Luna Classic (LUNC) — formerly known as Terra (LUN, TerraUSD (USTC), and Luna 2.0 (LUNA), proposed a revised expansion program for allocating 95 million...Continue Reading
Ether price is still at risk of falling below $1,000, but data points to traders opening fresh long positions. Ether (ETH) price has been unable to close above $1,400 for the past 29 days and it has been trading in a relatively tight $150 range. At the moment, the $1,250 support and the $1,400 resistance...Continue Reading
The large French bank was registered by the country’s stock market regulator to provide custody, buy/sell and trading services on Sept. 27 but made no announcement of it. The French stock market regulator, the Autorité des Marchés Financiers (AMF), approved France’s Société Générale bank as a digital assets service provider (DASP) on Sept. 27. Société...Continue Reading
The report alleges that Binance tried to insulate itself from regulatory scrutiny — a suggestion that the exchange denies. On Oct. 17, a new report published by Reuters alleged that cryptocurrency exchange Binance “swerved scrutiny” from regulators in the United Kingdom and the United States. The main spearhead of the allegations arises from two supposed...Continue Reading
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