News

Unichain's Launch: Will It Impact UNI's Price in the Long Run?

Unichain’s Launch: Will It Impact UNI’s Price in the Long Run?

Unichain, the new Layer 2 network built on Optimism’s superchain, has officially launched, aiming to address Ethereum’s scalability issues and…

February 13, 2025

Blum Secures $5 Million to Expand AI-Powered Telegram Trading Platform

Blum Secures $5 Million to Expand AI-Powered Telegram Trading Platform

Blum, a Telegram-based decentralized exchange (DEX), has raised $5 million in funding to drive the development of its AI-powered trading…

February 13, 2025

World Liberty Financial Launches 'Macro Strategy' to Strengthen DeFi Portfolio

World Liberty Financial Launches ‘Macro Strategy’ to Strengthen DeFi Portfolio

World Liberty Financial (WLFI), the decentralized finance (DeFi platform backed by former President Donald Trump, has announced the launch of…

February 12, 2025

Starknet-Based zkLend Offers 10% Reward in Effort to Recover $8.4 Million Stolen in Hack

Starknet-Based zkLend Offers 10% Reward in Effort to Recover $8.4 Million Stolen in Hack

zkLend, a decentralized money market and lending protocol built on Starknet’s zero-knowledge rollup, has confirmed that it was the victim…

February 12, 2025

Cardano Whales Continue to Buy ADA, Signaling Possible Price Surge Ahead

Cardano Whales Continue to Buy ADA, Signaling Possible Price Surge Ahead

Cardano (ADA) is once again capturing the spotlight, with whales significantly increasing their holdings, a trend that could be a…

February 12, 2025

Pi Network's Open Network Set to Launch on February 20, 2025

Pi Network’s Open Network Set to Launch on February 20, 2025

Pi Network is officially transitioning to its Open Network phase on February 20, 2025, at 8 AM UTC, marking the…

February 12, 2025

Elon Musk's Name Change on X Sends Solana Meme Coins Soaring

Elon Musk’s Name Change on X Sends Solana Meme Coins Soaring

Elon Musk’s recent name change on X to Harry Bōlz has sent shockwaves through the crypto world, causing two Solana-based…

February 11, 2025

Uniswap Labs Launches Unichain: A Revolutionary Layer-2 Solution for DeFi

Uniswap Labs Launches Unichain: A Revolutionary Layer-2 Solution for DeFi

Uniswap Labs has officially launched Unichain, its long-awaited layer-2 network built on Optimism's OP Stack, offering faster and more affordable…

February 11, 2025

So our role with crypto really is to look at the banks and we think banks are perfectly able to serve crypto customers as long as they understand and can manage the risks and it’s safe and sound, many of our — a good number of our banks that we regulate and supervise do that. The threshold has been a little higher for banks engaging in crypto activities, and that’s because they’re so new and we don’t want to make the mistake — if you’re making a choice to conduct that activity inside a bank which is inside the Federal safety net, with deposit insurance, then you want to be pretty sure that it’s a safe and sound activity. So, we’re not against innovation, and we certainly don’t want to take actions that would cause banks to terminate customers who are perfectly legal just because of excess risk aversion maybe related to regulation and supervision.

Jerome Powell Agrees to Collaborate with Lawmakers on Crypto Debanking Issue

In a significant development, Federal Reserve Chair Jerome Powell has expressed his willingness to work with lawmakers to address the…

February 11, 2025

Binance Proof of Reserves Drops by $8 Billion, Sparking Speculation on Asset Movements

Binance Proof of Reserves Drops by $8 Billion, Sparking Speculation on Asset Movements

Binance's latest Proof of Reserves (PoR) data shows a dramatic $8 billion drop in its non-customer assets, marking the lowest…

February 11, 2025