Lummis-Gillibrand crypto bill will likely be put off until next year
Senator Lummis stated that it will take some time for senators who are unfamiliar with crypto to comprehend and process the crypto bill. According to the two U.S. Senators Cynthia Lummis (Republican) and Kirsten Gillibrand (Democrat), the significant bipartisan crypto bill would likely be postponed until next year. The Senators said there is a remote […]
Bitcoin longest run of “extreme fear” ends
After 73 days of “extreme fear” for bitcoin on the Crypto Dread and Greed Index, investors can now breathe a small sigh of relief. After a record 73 days, Bitcoin (BTC) officially left the “extreme fear” zone on Tuesday. This was accompanied by a 19 percent weekly rise in Bitcoin (BTC) as bulls started to […]
Skybridge suspends withdrawals from a crypto-exposed fund
Skybridge has frozen the cash of cryptocurrency investors, while its CEO Anthony Scaramucci claims the suspension is only a temporary step and there is no risk of insolvency. Skybridge Capital has halted withdrawals from its Legion Strategies fund, one of the firm’s funds with crypto exposure. In an interview with CNBC on July 19, the […]
Yuga Labs says ‘Persistent Threat Group’ Targeting Holders of NFT
Yuga Labs warning comes just days after hackers infiltrated the Premint NFT website and stole more than 300 NFTs and $375,000 in Ethereum. Several non-fungible token (NFT) communities may soon be the subject of an “organized attack,” according to Bored Ape Yacht Club (BAYC) developer Yuga Labs. On July 19, the NFT company informed its […]
Ethereum staking service Lido reveals layer-two expansion
Lido Finance has announced plans to extend its ETH staking services over the whole L2 system, as long as certain networks have “demonstrated economic activity.” Lido Finance, a cryptocurrency staking service provider, has announced plans to increase staked Ether (stETH) support throughout the Ethereum Layer 2 network ecosystem. The Lido team announced in a blog […]