crypto

Filecoin, described as a ‘decentralized storage network designed to store humanity’s most important information,’ was developed by San Francisco-based Protocol Labs. The project raised USD 257M in a 2017 ICO.
Since the U.S. Government announced the BitMEX charges, open interest has declined, and several market distortions have emerged. We are providing you with an update.
Exchange stress, which has been one of the most decisive factors in price weakness, has not gotten in the way of an over USD +2,000 BTC rally.
The last time BTC and crypto reacted this strongly to a corporate announcement it was following Facebook’s release of its Libra white paper in 2019.
Crypto is up sharply over the last 24-hours as the positive PayPal announcement continues to be priced in. Spot volumes have spiked and are over 2x the 30-day average.
While CFTC Chairman Heath Tarbert's interest in crypto was seen as an outright positive initially, it seems now there will be clear winners and losers among space incumbents with his perspective.
OKEx, one of the world's leading crypto exchanges, announced a few days ago that it had suspended crypto withdrawals on the platform. OKEx blames the situation on an unreachable employee, owner of a private key, who is cooperating with authorities in an unrelated matter.
The U.S. Department Of Justice (DoJ) recently published an 83-page report on crypto, identifying the space as an “emerging threat” and “enforcement challenge.
The rise of WBTC underscores just how drastic the growth of DeFi protocols has been. Emerging out of nowhere, WBTC was a completely forgotten platform and has now seen asset gathering that rivals some of the best months at the World's largest USD stablecoin Tether.
In what could be an official obituary, the G7 regulators have opposed Facebook's controversial Libra project. This may be the last time we write about this major strategic blunder by one of the world's top technology firms.