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Altcoin
Deep dive into top public BTC miners following 82% YoY increase in hash rate
Ad Bitcoin (BTC) mining from public companies has grown exponentially in recent years, with the hash rate share of the top mining companies increasing from 23.93…
Binance closes Australian users derivatives position
Binance said it has closed the derivatives position of a “small number of Australian users,” which it had wrongly classified as “wholesales…
Stagnant market sees Shiba Inu lead top 10
Ad The cryptocurrency market cap saw net outflows of $7.9 billion over the last 24 hours and currently stands at $1.09 trillion — down 0.7% from $1.09…
SEC Commissioner Hester Pierce wants regulator to defer stablecoin regulation to Congress
Ad The United States Securities and Exchange Commission’s (SEC) Commissioner Hester Peirce urged the financial regulator to defer to the US Congress in its…
Cardano social network enters beta; FTC investigates Voyager
Ad The biggest news in the cryptoverse for Feb. 22 saw EMURGO launch a social network for the Cardano community. Meanwhile, the FTC said that it is investigating…
NBA Top Shot NFTs Are ‘Plausibly’ Securities, Judge Rules in Dapper Labs Lawsuit
Ad United States District Court Judge Victor Marrero has ruled in a case against Dapper Labs that NFTs associated with NBA Top Shots are likely securities.On Feb.…
Fed minutes do little to shake crypto markets with BTC down 2.7%
Ad Fed minutes in-brief:2% targeted inflationLow unemployment, 3.5%Fed funds target rate, 4.5% to 4.75%.Debate among meeting participants whether to raise interest…
Binance to burn $2B idle BUSD on Feb. 22
Latest ReportThe SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoinsThe SEC's notice to Paxos to stop minting BUSD could…
Rate cuts potentially off the table for 2023
Quick TakeThe fed funds rate now implies that rate cuts are off the table for 2023 and are expected to remain higher for a longer time frame in the year.
As the…
Ethereum gas usage spikes for stablecoins; primarily inflows in USDT
Definition
The relative amount (share) of gas consumed by the Ethereum network by category. Transactions are classified into one of the following categories:…