
Polygon Labs Proposal Suggests Federal Oversight of DeFi as Critical Infrastructure
Jan 30, 2024 07:51 am UTC| Business Digital Currency
The intersection of cybersecurity and decentralized finance (DeFi) has garnered significant attention with a recent proposition advocating for a federal strategy to supervise DeFi protocols. This comes from a collaborative...

Fidelity's Bitcoin ETF Outshines Grayscale Amid Fee Wars
Jan 30, 2024 06:22 am UTC| Business Digital Currency
In a notable shift in cryptocurrency investment flows, Fidelitys relatively new Bitcoin exchange-traded fund (ETF) has witnessed remarkable inflows, eclipsing the outflows from the longer-established Grayscale Bitcoin...

Ethereum Scaling Solution AltLayer Launches With $100 Million Airdrop
Jan 26, 2024 07:49 am UTC| Business Digital Currency
AltLayer recently became the first of at least three protocols to go live with an impressive $100 million token airdrops scheduled for the upcoming week. The launch marks a milestone in the field of blockchain technology,...

Bitcoin Miners Brace for Post-Halving Profit Challenges
Jan 26, 2024 04:57 am UTC| Business Digital Currency
According to financial services firm Cantor Fitzgerald analysts, eleven of the largest publicly traded Bitcoin miners may face profitability challenges. Their research suggests that if the price of BTC fails to...

FTX Hedge Fund Arm Alameda Research Scraps Grayscale Lawsuit
Jan 23, 2024 09:48 am UTC| Business Digital Currency Investing
Alameda Research, an FTX affiliate co-founded by Sam Bankman-Fried and Tara Mac Aulay, has dropped its lawsuit against Grayscale Bitcoin Trust. FTXs crypto trading arm decided to scrap the case after GBTC was converted...

Bitcoin Hits Seven-Week Low Amidst Regulatory Uncertainty
Jan 23, 2024 07:43 am UTC| Business Digital Currency
Bitcoin experienced a significant drop to a seven-week low on Monday, slipping below the $40,000 mark for the first time since the rollout of 11 spot Bitcoin exchange-traded funds (ETFs) on January 11. The worlds largest...

Terraform Labs Declares Bankruptcy, Files for Chapter 11 Protection in Delaware
Jan 22, 2024 10:15 am UTC| Business Investing Digital Currency
Terraform Labs filed for Chapter 11 bankruptcy protection in the United States on Sunday, Jan. 21. The crypto firm behind the TerraUSD stablecoin and Luna made the filing at a Bankruptcy Court for the District of...