Regulation
Crypto Bank Custodia's Bid for Fed Supervision Rejected Again
The Federal Reserve Board announced Thursday it had again rejected crypto bank Custodia’s bid for Fed supervision. Source link
Month: February 2023
Ethereum
What the Ethereum Shanghai Upgrade Will Mean for ETH Liquidity
It’s easy to think that launching Shanghai in the middle of a bear market could hurt the staking ecosystem. Stakers, skittish about the macro outlook of crypto in 2023, may choose to withdraw their ETH, […]
Bitcoin
A Battle Lost or a War Yet to be Won?
In a recent speech, Agustin Carstens, the head of the Bank for International Settlements, declared that cryptocurrency has “lost the battle” against fiat currency. But is it really game over for digital currencies, or is […]
Market Analysis
Optimism (OP) price spikes after Coinbase news
Optimism token OP rose 16% after Coinbase announced the launch of its L2 platform on OP stack. OP price hit highs of $3.10 on Coinbase, not far from its all-time high of $3.19. Gains for […]
Regulation
Coinbase Launches Layer 2 Blockchain Base to Provide On-Ramp for Ethereum, Solana and Others
“Today, we’re excited to announce the testnet launch of Base, an Ethereum layer 2 (L2) network offering a secure, low-cost, developer-friendly way for anyone, anywhere, to build decentralized apps or “dapps” onchain,” Will Robinson, vice […]
Ethereum
Block’s Q4 Bitcoin Revenue Fell 7% Year-Over-Year to $1.83 Billion
For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said. Source link
Bitcoin
Dapper Labs Laying Off Another 20% of Its Staff: Report
The job cuts follow a previous 22% workforce reduction in November. Source link
Market Analysis
Key Risk Events in 2023 and Impact on Bitcoin and Crypto Market
In the world of finance, Bitcoin (BTC), Ethereum (ETH) and the crypto market have been showing impressive resilience amidst a cross-asset selloff, outperforming the Nasdaq, gold, and 2-year yields. Still, there are concerns over whether […]
Regulation
Bitcoin Hovers Near $24K as Investors Mull Economic Uncertainties
Bitcoin was trading sideways over the past 24 hours, while ether has risen 2.1%. Source link
Ethereum
A16z Leads $25M Round for Web3 Startup Building Online Towns
Towns offers an end-to-end encrypted chat protocol that lets communities create programmable, self-governed “town squares” where users can assemble and chat without worrying about whether the app owner will decide to prevent access, profit from […]