Bankruptcy Judge Says He’d Protect Voyager if it Violates Securities Law
While the SEC is warning that Voyager should not be allowed to violate securities laws with its restructuring plan, a judge stated he would not allow regulators to fine the […]
Alameda Research Sues Grayscale and its Owners Aiming to Retrieve $9B+
FTX Debtors announced on Monday that Alameda Research is suing Grayscale and the Digital Currency Group in an effort to retrieve at least $9 billion worth of assets. The post […]
Stablecoins have plentiful machine-payment use cases in absence of euro CBDC: Report
The Digital Euro Association sees automated micropayments as a way for Europe to maintain its digital competitiveness, once regulations are in place. Read More
HyperPlay Ushers in a New Dawn for Web3 Gaming
Following months of hype and anticipation, the HyperPlay Web3 gaming launcher has now gone live. On top of being a game launcher, the app serves as a store aggregator that will offer access to Epic Games and Good Old Games stores within its interface. Developed by a former MetaMask operations lead in collaboration with Game7, a Web3 gaming DAO, HyperPlay […]
BIS wraps exploration project on retail CBDC payment system
The bank concluded that a ‘hub-and-spoke’ model between CBDC domestic systems could “reduce settlement and counterparty risk” and complete cross-border transactions in seconds. Read More
Lawmakers should check the SEC’s wartime consigliere with legislation
Securities and Exchange Commission Chair Gary Gensler has a lot in common with The Godfather’s Michael Corleone, according to the Cato Institute’s Jack Solowey and Jennifer Schulp. Read More
Babel Finance Considers Minting Special “Recovery” Stablecoin
Babel Finance co-founder Yang Zhou is planning to propose the creation of a new DeFi project in order to generate revenue to repay debts owed to creditors.Called Hope, the potential DeFi platform aims to mint a new crypto-backed stablecoin, which will serve as a type of “recovery coin” for Babel. Read More
BIS successfully completes retail CBDC pilot called Project Icebreaker
The Bank for International Settlements (BIS) has successfully completed a pilot retail central bank digital currency (CBDC) pilot called Project Icebreaker, according to a March 6 press release. The post BIS successfully completes retail CBDC pilot called Project Icebreaker appeared first on CryptoSlate. Read More
Binance Likely Looking at TUSD as BUSD’s Replacement After Regulatory Action
In search for a new stablecoin, Binance boosts DeFi projects. The post Binance Likely Looking at TUSD as BUSD’s Replacement After Regulatory Action appeared first on Tokenist. Read More
Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment
The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model. Read More