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” Gary Gensler finds new audience for his crypto skepticism: The US Army “ United States Securities and Exchange Commission (SEC) chair Gary Gensler has found a new audience for his crypto-skeptical pep talks — the United States Army. On Jan. 11 the U.S. Army hosted its first Twitter Space of 2023 with Gensler and…
” Optimism and Arbitrum flip Ethereum in combined transaction volume “ Ethereum Layer-2 (L2) on-chain activity has been increasing to the extent that the leading two networks now process more transaction volume than the Ethereum network. Layer-2 networks Arbitrum and Optimism have seen an increase in transactions over the past three months. Comparatively, aside from…
” Death and self-custody: How to pass on your crypto when you die “ The average crypto investor probably isn’t planning on dying of old age anytime soon, but that doesn’t mean they shouldn’t have a plan in place to pass on their crypto in the event they meet an unlikely demise, lawyers warn. Speaking…
” Albright Capital drops lawsuit against Terraform Labs and Do Kwon “ Albright Capital has dropped its lawsuit against Terraform Labs and its founder Do Kwon, according to a Notice of Voluntary Dismissal filed in U.S. District Court on January 9. Before its dismissal, the lawsuit had alleged that the company had violated the Racketeer…
” Flare (FLR) airdrops 15% of total supply to XRP holders before correcting by 76% “ The Flare (FLR) token airdrop started on Mon., Jan. 9, nearly two years after a snapshot of Ripple (XRP) holders took place on Dec. 12, 2020. The FLR airdrop was distributed at a ratio of 1.0073 FLR per 1…
” Crypto service Tap Global becomes first 2023 listing on UK stock exchange “ UK crypto app Tap Global has become the first 2023 listing on the Aquis Stock Exchange (AQSE), according to a Jan. 10 press release from the company. The listing was accomplished through a reverse takeover by Quetzal Capital. The first #AQSE…
” Yearn.finance opens vault deployment access to all users “ Decentralized yield protocol Yearn.finance said in a Jan. 9 tweet that all users can now create sophisticated Permissionless Vault Factories on its platform. The current version of Vault Factory works with stablecoin-swapping platform Curve Finance and its liquidity provider (LP) tokens and features three premade…
” Cosmos EUR stablecoin project to unwind after 2 years “ According to a Jan. 9 Medium post, e-Money — a stablecoin project in the Cosmos ecosystem — will discontinue the issuance of its EURR euro stablecoin effective March 6. In explaining the decision, e-Money wrote: “The lack of real-world applications for blockchain has led to…
” Decentralization meant sanctions couldn’t ‘pull the plug’ on Tornado Cash: Chainalysis “ Sanctions aimed at decentralized crypto mixer Tornado Cash weren’t able to completely cut off its usage, though it has hamstrung the service, a blockchain analytics firm has shared. On Aug. 8, the Office of Foreign Assets Control (OFAC) announced sanctions against the…
” New York-based bank exits crypto after tumultuous year “ The last year proved to be another turbulent year for the crypto industry. From a lasting market downturn and exploits in decentralized finance (DeFi) to the FTX scandal, no area was left unscathed. For some, the happenings in the space proved unsustainable for business. The…