Ethereum co-founder Vitalik Buterin explained the “biggest reason” is because it has to be on a multisig – which are still “fairly difficult” to set up. Source …
Celsius Network approved to convert altcoins into BTC or ETH
The liquidations will pave the way for the distribution of the funds to creditors in the near future. Source …
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Forget about price! Polkadot Decoded 2023 says bear markets are for building
The mantra of this year’s Polkadot Decoded 2023 conference is to focus on building better products instead of worrying about token price. Source …
RBI lists risks of stablecoins for developing economies, calls for global regulation
The Reserve Bank of India listed six specific ways a stablecoin can undermine emerging markets, adding to its mounting case against crypto. Source …
FTX alleges former exec used ‘hush money’ to silence whistleblowers
The lawsuit claims the former compliance officer paid whistleblowers to stop them from exposing the “true fraudulent nature” of the exchange. Source …
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Bitcoin ETF fever returns: ‘Biggest’ inflow to ProShares’ BITO in a year
ProShares’ BITO Bitcoin ETF saw a weekly inflow of $65 million as institutional investors have seemingly regained their mojo for Bitcoin futures. Source …
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Crypto trading an important part of the virtual asset ecosystem — Hong Kong SFC chief
Julia Leung Fung-yee said incorporating virtual assets into the regulatory system was crucial after FTX’s bankruptcy. Source …