Skip to main content

Crypto Easy

Search This Blog

Breaking: SBF's lawyers request bail in Bahamas Magistrate Court pending extradition

on December 13, 2022

Get link
Facebook
X
Pinterest
Email
Other Apps

The move comes just one day after the crypto executive's arrest on Dec. 12.

Cointelegraph.com News

Get link
Facebook
X
Pinterest
Email
Other Apps

Comments

Post a Comment

Popular Posts

Circle plunged on CLARITY Act fears, but fundamentals unchanged — Bernstein

Written by Sam Bourgi , Staff Editor Reviewed by Robert Lakin , Staff Editor Circle plunged on CLARITY Act fears, but fundamentals unchanged — Bernstein 1 hour ago Analysts say new US stablecoin rules may hit yield distribution, not issuers, as USDC growth in payments and trading continues to accelerate. News Cointelegraph in your social feed Circle’s shares sell-off on Tuesday may have been overdone as investors failed to see that the stablecoin issuer’s core business model remains unaffected by the proposed CLARITY Act, analysts at Bernstein said on Wednesday. In a note to clients, Bernstein analysts Gautam Chhugani, Mahika Sapra, Sanskar Chindalia and Harsh Misra said markets are conflating “who earns yield” with “who distributes yield.” “Circle earns. Coinbase distributes,” the analysts wrote, noting that the draft legislation primarily targets the distribution of yield to users — not the underlying reserve income earned by issuers like Circle. According to the latest d...

Exchanges criticized for 'nothingburger PR' posts on upcoming LUNC tax burn

Exchanges criticized for 'nothingburger PR' posts on upcoming LUNC tax burn KuCoin, Gate.io and MEXC Global were in the crosshairs of community members as they expressed their support for the upcoming on-chain LUNC transaction burn. 1168 Total views 19 Total shares Listen to article 0:00 News As the upcoming Terra Classic (LUNC) burning mechanism gained more hype, some crypto exchanges thought it would be a good idea to express their support. However, the crypto community quickly responded, calling out the exchanges for what some believe to be public relations stunts. On Sept. 1, Terra community member Edward Kim submitted a proposal to implement a 1.2% tax burn for every on-chain LUNC transaction in an effort to revive the crypto. The transaction tax will be sent to a dead address, removing part of the circulating supply permanently. Following the proposal, the LUNC token soared by 250% , as the hype surrounding the project showed signs of life. Because of this...

Seven times that US regulators stepped into crypto in 2020

Seven times that US regulators stepped into crypto in 2020 From capping off the era of ICOs to tightening regulations on private wallets, U.S. financial watchdogs waded deeper into the crypto land than ever in 2020. 1862 Total views 7 Total shares Listen to article 0:00 New Year Special As digital assets made strides toward mainstream status in 2020, the guardians of the incumbent financial system have been working hard to minimize disruption caused by their integration. In the U.S., regulatory and law enforcement interventions throughout the year have left some projects out of business, empowered traditional players to take a closer look at crypto, and sent some unequivocal messages to cryptocurrency service providers globally. Naturally, the steady legitimization and expansion of the crypto space led regulators to get more involved than ever before. Below are the biggest cases of U.S. watchdog and law enforcement agencies’ involvement that have arguably been the most ...

Powered by Blogger