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“The question remains whether the regulator would go after all staking programs, even if they provide specific disclosures around yield, allow users to actively stake and un-stake their crypto and operate on a pass-through basis, both on returns and costs,” analysts Gautam Chhugani and Manas Agrawal wrote. Source
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Stani Kulechov, the founder of the decentralized finance (DeFi) protocol Aave, highlighted several issues within the DeFi space at the StarkWare Sessions 2023, held at The Cameri Theatre in Tel Aviv, Israel. In a fireside chat titled “DeFi: Resilience in the Face of Global Uncertainty,” Kulechov and Cointelegraph’s managing editor Alex
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The Product Lead at Mastercard said that he was a victim of harassment & emotional distress caused by a series of mismanaged processes, miscommunication, and internal inefficiency.On Thursday, February 2, Satvik Sethi – the non-fungible tokens (NFT) product lead at Mastercard – resigned from his role while minting his resignation
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Layer 1 blockchain Aptos’ native token has surged over 387% this month, leading all cryptocurrencies for gains and dwarfing bitcoin and ether’s performance. Solana’s SOL token also rises. Source
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The price of layer 2 network Optimism’s OP token has also surged over the past week. OP reached an all-time high of over $2.50 on Wednesday amid rising adoption of layer 2 networks. “People want layer 2 tokens, and they see layer 2 adoptions happening,” said Nick Hotz, vice president
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Crypto market capitalization dropped 3.5% in the past 24 hours following a decline in U.S. equity markets. Source
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The presidency comes after India announced steep crypto taxes on Feb. 1, 2022, that were blasted by crypto companies operating in the country. As a result, Indians moved more than $3.8 billion in trading volume from local to international crypto exchanges between February, when the taxes were announced, and October
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The second most popular meme coin on the crypto market, Shiba Inu (SHIB), is about to launch its eagerly awaited layer 2 scaling solution Shibarium. While lead developer Shytoshi Kusama has repeatedly said in recent weeks that the launch date is not yet set but will be “soon,” he may now
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Data shows all the altcoin indexes have outperformed Bitcoin during the past month, with the small caps becoming the market leaders. The Past 30 Days Were Green For Both Bitcoin And Altcoins According to the latest weekly report from Arcane Research, all indexes record positive returns in the 27-31% range during the
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Now, it’s true that many people of color bought crypto in recent years and that, by extension, many have lost money on account of Celsius Network, FTX, Voyager Digital, et al. But there’s a subtext to Garcia’s comment – whether or not he consciously intended it – that patronizingly paints
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