Author Archives: pdgweb

A prohibition on yield-bearing stablecoins and robust payments infrastructure in the US means stablecoins will not eat into banks’ market share. Read More at https://cointelegraph.com/news/stablecoins-not-a-threat-to-banking-sector-in-the-near-term-moody-s?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Volatility and upside have been declining with each Bitcoin halving cycle, but the new dynamics may not be permanent, according to Galaxy’s Alex Thorn. Read More at https://cointelegraph.com/news/bitcoin-cycle-dramatically-underperform-halving?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The contagion from the Kelp exploit could have been contained, but at the cost of capital efficiency, according to the founder of Curve Finance. Read More at https://cointelegraph.com/news/kelp-exploit-non-isolated-defi-lending?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin foreshadows fresh market mayhem as it appears that the US-Iran war has returned, including the closure of the Strait of Hormuz oil route. Read More at https://cointelegraph.com/news/bitcoin-price-drops-75k-new-hormuz-closure-focus-oil?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Alcoa is nearing a deal to sell its idle Massena East smelter to NYDIG as US industrial sites increasingly shift toward Bitcoin mining and AI data centers. Read More at https://cointelegraph.com/news/alcoa-sells-massena-smelter-nydig-bitcoin-mining-ai-data-centers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

RaveDAO denies involvement in RAVE token price surge and crash as Binance and Bitget launch investigations into suspected market manipulation. Read More at https://cointelegraph.com/news/ravedao-denies-manipulation-binance-bitget-probe-rave-trading?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Charles Schwab and Citadel Securities executives have separately aired interest in prediction markets, but each is looking to steer clear of sports offerings. Read More at https://cointelegraph.com/news/charles-schwab-citadel-securities-weighing-prediction-markets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A federal judge has tossed a class lawsuit over Caitlyn Jenner’s memecoin, saying it did not plausibly allege that the token was an unregistered security. Read More at https://cointelegraph.com/news/caitlyn-jenner-escapes-memecoin-lawsuit-judge-says-token-not-security?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

SEC chair Paul Atkins is under fire from Senator Elizabeth Warren, who says he “may have been deliberately trying” to mislead Congress about the agency’s enforcement activity. Read More at https://cointelegraph.com/news/warren-claims-sec-atkins-likely-misled-congress-over-enforcement-data?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The attack caused a “cross-protocol contagion” that has impacted at least nine crypto protocols, blockchain security firm Cyvers said. Read More at https://cointelegraph.com/news/restaking-platform-kelp-exploited-293-million?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound