LBRY case: SEC resolves on security claim; community hails it as a major victory for cryptocurrency
After winning a hearing in November 2022, the SEC hoped to seek confirmation of an unclear injunction, but judges made it plain that the verdict only applied to direct sales.
Concerns about poor management cause the market cap of Binance stablecoin BUSD to plummet sharply.
The market value of BUSD is being eroded by ongoing concerns about Binance's solvency, growing regulation of the cryptocurrency industry, and dubious use cases.
Shanghai's hard fork is scheduled for March 2023 by Ethereum developers.
That after upgrade goes live, users will have the option to withdraw their staked Ether and any related prizes.
To launch on February 1 is the Zhejiang testnet for Ethereum staking withdrawal.
Ever since Merge upgrade in September 2022, this is the initial public Ethereum test. More testnets will be activated, according to researchers, in the upcoming week.
Through New Features, Coinbase Wallet Improves Transparency and Security
When a dApp attempts to steal a user's NFTs, token validation notifications try to let them know. Ayoola John, the product manager at Coinbase, gave an explanation of the modifications' purpose.
The Partnership Between Chainlink (LINK) and Avalanche (AVAX) Can Revolutionize DeFi
A key player in the decentralized finance (DeFi) market, Chainlink (LINK) is renowned for its capacity to facilitate data exchange between both the inside and outside of smart contracts. Avalanche (AVAX), which prioritizes scalability and affordable user fees, is also making progress in the DeFi industry.
BlockFi is granted permission by the bankruptcy court to sell mining assets.
BlockFi, the cryptocurrency borrower that filed for bankruptcy following the demise of FTX, received permission from a New Jersey bankruptcy court to begin auctioning off its cryptocurrency mining equipment, and it claims it has interested parties looking to purchase all or a portion of the business.
Gemini’s stablecoin loses USD peg amid OKX delisting
The number of active addresses holding GUSD has fallen to a 2020 low, and stablecoin supply has been decreasing in recent months.
Circle Holds $44.5 billion in USD and is heavily collateralized.
The 44.5 billion USDC tokens in circulation are now being backed by overcollateralized financial assets, according to Circle's reserve report for December 2022.
FTX files suit Voyager Digital to recoup $446 million in debt payments due in 2022.
In a legal brief, FTX claimed that it had transferred Voyager $248.8 million in September and $193.9 million in October on Alameda's account.
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