Category Archive: Cryptocurrency, No picture
Cryptocurrencies Are a “Great Concern”: Ireland Central Bank Official
Another central bank official takes a stand against cryptocurrencies. Central Bank Officials Oppose Crypto The director-general of financial conduct at Ireland’s Central Bank has aired negative views on cryptocurrencies. Speaking to Bloomberg, Derville Rowland said that the growing interest in digital assets like Bitcoin and Ethereum was a point “of great concern.” “Crypto assets are […]
Arbitrum Launch: Layer 2 Ethereum Unpacked
Key Takeaways Arbitrum, an Optimistic Rollup scaling solution for Ethereum, has successfully launched for developers. Layer 2 scaling aims to reduce congestion on the base chain while still benefitting from its security. Reduced congestion on Ethereum will reduce gas fees for every user, not only the ones using Layer 2. This news was brought to […]
SEC Charges Five Individuals Tied to BitConnect Scam
Key Takeaways The U.S. SEC has charged five individuals with connections to the crypto Ponzi scheme BitConnect. BitConnect was mainly active in 2017. It raised more than $2 billion during the year that it was operational. Regulators initially took action against BitConnect in 2018. This Exchange News was brought to you by OKCoin, our preferred […]
Polygon Datasets Now Available on Google Cloud
Key Takeaways Polygon’s blockchain datasets can now be viewed through Google Cloud’s BigQuery tool. The integration will provide useful metrics for analysis like the most active and popular tokens, contracts, and apps on the network. The team said that the update will be critical for the network’s growth. Ethereum’s popular scaling network Polygon has announced […]
DEX Aggregator OpenOcean Expands to Solana
Key Takeaways OpenOcean, a DEX aggregator that captures liquidity across DEXs and CEXs, has integrated Solana. The protocol will compete against other Solana-based DEX aggregators such as Frontier Finance. Solana’s DeFi ecosystem has grown at a rapid rate recently. It’s one of Ethereum’s strongest competitors. This news was brought to you by ANKR, our preferred […]
$7 Million Lost in Flash Loan Attack on BSC’s BurgerSwap
Key Takeaways BurgerSwap was hit by a flash loan attack last night. The losses amount to roughly $7.2 million. Uniswap founder Hayden Adams noted that a key part of the code was changed by the BurgerSwap team, raising suspicions of an inside job. Incidents on Binance Smart Chain have multiplied in recent weeks resulting in […]
WisdomTree Files Ethereum ETF Application with the SEC
New York-based financial service firm WisdomTree has filed an application with the American securities regulator for approval of an Ethereum ETF. Second Ethereum ETF Application WisdomTree has submitted a Form S-1 for securities registration with the Securities and Exchange Commission (SEC) to list WisdomTree Ethereum Trust shares on the Cboe BZX Exchange. The shares would […]
SEC Is Reviewing Bitcoin ETFs from Fidelity, Skybridge
Key Takeaways The U.S. Securities and Exchange Commission is currently reviewing two applications for Bitcoin ETFs. Fidelity Investments and Skybridge Capital are responsible for the applications, which were filed this week. ETFs allow institutional investors to invest in an asset tied to Bitcoin’s value without actually holding Bitcoin. The U.S. Securities and Exchange Commission is […]
Ren Launches Polygon Bridge with Support for Bitcoin
This news was brought to you by ANKR, our preferred DeFi Partner. Ren has integrated Polygon. Ren Unveils Polygon Bridge Ren has launched a bridge to Polygon. The project announced the expansion Thursday, noting that Polygon is home to “a burgeoning DeFi ecosystem with obvious benefits for users.” Polygon, which acts as an Ethereum commit-chain, […]
SEC Investigating Ripple’s XRP “Lobbying Efforts”
Key Takeaways The SEC is claiming that Ripple made lobbying efforts surrounding the public perception of XRP. Such lobbying efforts have been used to form a legal narrative of XRP that fits Ripple’s own interests, the SEC claims. According to the SEC, evidence of XRP perception lobbying will be be used to counter Ripple’s fair […]
