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Crypto News
How the U.S. Should Regulate Stablecoins
To properly regulate stablecoins in the U.S., look at e-money abroad, says Marcelo Prates, a speaker at Consensus 2024.
Will Biden Get the Final Say Over a Controversial Crypto Accounting Rule?
Critics of SAB 121, introduced in March 2022, have called the rule “obscure,” a “diktat” and a “pernicious weed.”
WisdomTree’s Crypto Business Goes Live in New York Against Big Shareholder’s Wishes
WisdomTree’s digital asset app on Thursday became available to customers in New York, even as CEO Jonathan Steinberg is under pressure from shareholders as a result of the investment company's push into decentralized finance.
Influencer-Investors Get Perks to Pitch Tokens: Inside Crypto’s ‘KOL’ Economy
Paid shills are nothing new to crypto. Now they're on the cap table, driving growth for protocols and leaving retail traders in the dark.
Math Olympian in Shadow of John Nash Tries to Solve Blockchain, AI Trust Dilemma
Hyperbolic, the two-year-old startup focused on decentralized AI computing, said that it is introducing a protocol called “Proof of Sampling (PoSP),” aimed at addressing challenges with trust in decentralized AI networks.
Prometheum’s Contentious Answer to Crypto Compliance Is Running Late
Much of the crypto sector has been apprehensive about the ribbon cutting on Prometheum's custody and trading operations, which the firm said will fully comply with U.S. Securities and Exchange Commission (SEC) demands. The doors have so far…
Binance Fined $4.3M by Canadian Financial Regulator for ‘Administrative Violations’
Canadian regulators hit Binance with a C$6 million ($4.3 million) fine on Tuesday, alleging the crypto exchange committed two separate “administrative violations” of the country’s financial regulations.
Grayscale Parent Digital Currency Group Reports $229M Revenue for Q1
Digital Currency Group (DCG), the parent company of asset manager Grayscale, reported a first quarter revenue up 11% from the previous quarter to $229 million.