Tag: News
Olympus, a DeFi protocol with more than $200 million in total value locked up, will reduce the sky-high yield that holders of its native token have enjoyed over the past year and a half as part of its “bond-centric future.”
$OHM has now lost more than 99% of its value from its all-time high and is currently worth less than $11.
OHM’s staking used to provide double-digit annual returns. OHM’s staking on Thursday...
XRP climbs 12% following Ripple’s SEC win
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A U.S. court has ruled in favor of Ripple, ordering the regulatory body to hand over information supporting the company’s stance in the continuing legal fight.
Former SEC Director William Hinman demanded the materials be released and they were. The papers are essential to Ripple’s case.
News accounts state that Manhattan federal judge Analisa Torres ruled against the regulator’s bid to seal records pertaining to former...
Altcoins, Crypto regulation, Cryptocurrencies, Front page, News
Binance will stop supporting rival stablecoin USDC
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Binance, the issuer of the world’s third-largest stablecoin, said on Monday that, beginning on September 29, it would convert customers’ holdings in USD Coin (USDC), Pax Dollar (USDP), and True USD (TUSD) into its own stablecoin (BUSD) in an effort to “improve liquidity and capital-efficiency for consumers.”, a decision that has perplexed many crypto fans.
As a result of the move, the world’s largest crypto exchange...
Avalanche accused of using lawsuits to cripple rivals
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In a series of undercover films revealed Friday, attorney Kyle Roche bragged of his strong relationships with blockchain creator Avalanche and said he had launched spurious litigation to harm his rivals.
The native token of Avalanche, AVAX, dropped by around 11 percent when the claims surfaced, however, it has subsequently recovered to some extent. In terms of market cap, AVAX ranks 16th.
Slander and legal tactics
On Monday,...
The US bans the Ethereum mixing tool Tornado Cash
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In a notice made on Monday, the US Treasury Department placed the Tornado Cash website and a huge variety of Ethereum addresses on its Specially Designated Nationals list, prohibiting American citizens from utilizing the service or doing transactions with these addresses.
What is Tornado Cash?
Tornado Cash is an Ethereum network “mixer.” It enables Ethereum users to transmit ether (ETH) or ERC-20 tokens to the service to be...
Blockchain, Crypto regulation, Cryptocurrencies, Front page, News






