Traders FOMO As ETH price rejects at $2,000.
The strong 82.8% rise since the rising wedge formation began on July 13 surely looks to be a success for bulls even if ETH price rejected the $2,000 barrier on August 14. As the network anticipates the Merge transaction to a proof-of-stake (PoS) consensus network on September 16, the ideal of “ultrasound money” unquestionably draws […]
Crypto Banks Set To Receive Master Accounts From Fed
Wyoming’s crypto banks are expected to face the greatest scrutiny under the U.S. Federal Reserve Board’s established tiered rules for awarding Federal Reserve accounts. The U.S. Federal Reserve Board said on Monday that it has reached a consensus on the criteria reserve crypto banks must take into consideration when evaluating requests for Federal Reserve accounts […]
Crypto lender Hodlnaut seeks for creditor protection in Singapore
After recently halting withdrawals on its platform, crypto lender Hodlnaut is filing for creditor protection in Singapore. This would prevent any legal claims and procedures from being brought against it by creditors. As it seeks to solve its liquidity crisis, the troubled Asian crypto lender Hodlnaut, which stopped client withdrawals last week, has applied for […]
Health Node Report Questions the Decentralization of SOL
The Decentralization of SOL has been questioned by health node report following the recent condition of the Solana’s network. For SOL, The validity of its validator network is examined in depth in its first report using key metrics. These consist of distribution, Nakamoto consensus, and the overall number of validators. Dissecting the SOL Nodes According […]
Sanctions against Tornado Cash may be contested by Coin Center
According to Jerry Brito and Peter Van Valkenburgh of Coin Center, OFAC abuses its statutory jurisdiction by treating autonomous code like a person. The US-based crypto policy advocacy group Coin Center said it intended to “pursue administrative remedies” for anybody affected by the restrictions placed on Tornado Cash by the Office of Foreign Asset Control, […]