An EEZ contributor shared a 0.001 ETH cross-chain test as the project develops a framework to connect Ethereum mainnet and its rollups. Read More at https://cointelegraph.com/news/ethereum-eez-atomic-l1-l2-transaction-mainnet?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Better Markets says CFTC is ‘wrong agency’ to regulate retail crypto
Better Markets said the CFTC’s proposed framework to bring certain cryptocurrency transactions and exchanges under its oversight will leave investors less protected than under the SEC. Read More at https://cointelegraph.com/news/better-markets-criticize-cftc-regulate-retail-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Rain seeks US trust bank charter days after OCC sued over crypto charters
Rain joins a growing queue of crypto firms seeking federal trust charters, while community banks have just asked a court to overturn the OCC rules underpinning them. Read More at https://cointelegraph.com/news/rain-seeks-us-trust-bank-charter-days-after-occ-sued-over-crypto-charters?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
OKX eyes emerging markets with yield-offering stablecoin savings and payments app
OKX Money lets users hold, send and spend dollar-backed stablecoins, with qualifying USDG balances earning up to 10% APY. Read More at https://cointelegraph.com/news/okx-money-stablecoin-savings-payments-emerging-markets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Chinese crime network laundered over $1B for Lazarus: ZachXBT
ZachXBT says he infiltrated the network by posing as a customer, gaining information that helped trace funds from the $1.5 billion Bybit hack. Read More at https://cointelegraph.com/news/chinese-crime-network-laundered-over-1b-for-lazarus-zachxbt?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto PAC announces support for 32 House candidates in US midterms
Fairshake said it would financially back 32 House candidates who all voted in favor of the CLARITY market structure bill in 2025, as the bill remains in limbo in the Senate. Read More at https://cointelegraph.com/news/crypto-pac-fairshake-house-endorsements-us-midterms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FinCEN withdraws proposed crypto mixing rule over ‘legitimate activity’ concerns
The bureau under the US Treasury said it was withdrawing two proposed rules on unhosted wallets and crypto mixers ”as part of the Trump Administration’s deregulatory agenda.” Read More at https://cointelegraph.com/news/fincen-crypto-mixing-rule-legitimate-activity?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Modern Treasury seeks US trust bank charter for digital asset custody
The payments infrastructure company is seeking federal approval to offer stablecoin custody and related fiat services through a limited-purpose national trust bank. Read More at https://cointelegraph.com/news/modern-treasury-seeks-us-trust-bank-charter-for-stablecoin-custody?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Advocacy group pushes back on banks’ lawsuit against OCC over charters
CCI CEO Ji Hun Kim said that the organization “remains confident“ in the OCC’s approval of charters for crypto companies, despite a recent lawsuit and pushback from some lawmakers. Read More at https://cointelegraph.com/news/crypto-advocacy-groups-icba-lawsuit-occ-charters?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
S&P Global brings risk assessments to growing crypto lending vault sector
S&P Global’s new framework evaluates digital asset lending vaults across six risk categories as deposits in the sector climb to about $10 billion. Read More at https://cointelegraph.com/news/sp-global-launches-risk-assessments-for-10b-crypto-lending-vault-market?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound