Rep. Tom Emmer introduces anti-CBDC bill

Congress member Tom Emmer (R-Minn.) introduced a bill on Feb. 22 that aims to prevent the U.S. Federal Reserve from providing a CBDC to individual retail users. Emmer wrote on Twitter: “Any... Read more »

Iceland’s abundance of renewable energy boosts Bitcoin hashrate

Ad With its vast renewable energy resources, Iceland has emerged as a prominent destination for Bitcoin mining. However, according to new research by one of the industry’s leading watchdogs, the country has... Read more »

NFTs jump to 27% of ETH gas usage led by Blur marketplace

Ad A new chart looking at Ethereum gas usage by transaction type relative to a 30-day moving average shows that NFTs now make up for 27% of ETH gas usage, up from... Read more »

NFT lending continues to rise as over 18k ETH borrowed in January

Ad According to a new report by digital asset analytics firm eBit labs, NFT lending hit a record month in January, returning to numbers not seen since the sector’s previous all-time high... Read more »

A deep dive into the implications of the lawsuit and its effects on stablecoins

Paxos faces SEC lawsuit over BUSD On Feb. 13, the U.S. Securities and Exchange Commission (SEC) enforcement division issued a Wells notice to Paxos, ordering the company to stop minting the Binance... Read more »

In highly controversial move, OpenSea lowers fees to 0% for “limited time”

Ad OpenSea, the leading NFT marketplace, announced in a Tweet on Feb. 17 that it would be adopting a controversial move to temporarily waive its marketplace fee, ramping up the battle for... Read more »

Decentralized storage protocol Filecoin leads top 100 on 27% jump in price

Ad Filecoin (FIL) jumped 27% over the last 24 hours to $6.857 at the time of press, leading the top 100 coins by market cap. A volatile 24 hours has seen large... Read more »

Binance.US sent $400M to a partner firm managed by CZ

Ad Binance.US sent approximately $404 million to a firm managed by Binance CEO Changpeng Zhao, according to a Feb. 16 report from Reuters. That report alleges that Binance.US, under the name BAM... Read more »

Almost 25% of tokens launched in 2022 resemble P&D schemes

Ad Almost a quarter of tokens launched in 2022 showed the characteristics of pump-and-dump (P&D) schemes, according to Chainalysis’ recent report. Over one million tokens were launched in 2022 — but only... Read more »

FDIC tells CEX.IO to redact insurance promises

Ad Cryptocurrency exchange CEX.IO has received a cease-and-desist order from the FDIC, as seen in a letter published by the U.S. regulator on Feb. 15. The Federal Deposit Insurance Corporation’s legal division... Read more »
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