U.S. lawmakers today spoke about the benefits of a central bank digital currency (CBDC)—but conservatives also expressed concern over how it could turn the country into a [...]
Decrypt
27 July 2021 20:03
Binance, the world’s top exchange by trading volume, is feeling the heat from regulators. In an effort to cool down, it announced changes that help it better [...]
Decrypt
27 July 2021 19:38
Eco, a consumer-focused fintech app that uses stablecoin lending to provide bonuses to users, continues to gain momentum despite potential regulatory hurdles on the horizon for its [...]
Decrypt
27 July 2021 18:05
At a hearing of the Senate Banking Committee this morning, Senator Elizabeth Warren (D-MA), now one of Congress’s most prominent crypto skeptics, continued to sound the alarm [...]
Decrypt
27 July 2021 18:03
Sam Bankman-Fried, CEO of crypto derivatives exchange FTX, drew the community’s ire today after he singled out Bitcoin and Ethereum as the two most energy-consuming blockchains. Speaking [...]
Decrypt
27 July 2021 16:12
Collectibles sold as NFTs—essentially, tokens that function as proof of ownership for a digital item on a blockchain—blew up earlier this year, with an estimated $2.5 billion [...]
Decrypt
27 July 2021 15:08
Decentralized exchanges (DEXs) have become a critical piece of crypto infrastructure. Though they vary in format and execution, most are seeking to remove intermediaries and create a [...]
Decrypt
27 July 2021 15:05
Binance CEO Changpeng “CZ” Zhao strongly hinted last week that he is looking to hire his own replacement as the next CEO of the largest crypto exchange [...]
Decrypt
27 July 2021 14:30
Huobi Group, the company behind the eponymous crypto exchange, is dissolving its Chinese entity called Beijing Huobi Tianxia Network Technology Limited (BHT), per initial reports from The [...]
Decrypt
27 July 2021 12:36
A charity headed by Malta’s President, George Vella, is suing Binance over the non-payment of over $8 million in donations, according to court filings seen by Decrypt. [...]
Decrypt
27 July 2021 12:07
The U.S. Internal Revenue Service (IRS) is being sued by New Hampshire resident James Harper for collecting his private financial data from at least one crypto trading [...]
Decrypt
27 July 2021 12:03
The International Monetary Fund (IMF) has said that cryptocurrenices are nothing more than an “inadvisable shortcut” to financial inclusion. “As national currency, cryptoassets—including Bitcoin—come with substantial risks [...]
Decrypt
27 July 2021 11:44
