According to the "PwC 2023 Global Cryptocurrency Regulation Report" released on December 19, as many as 25 countries/regions have enacted stablecoin legislation or regulation in 2023. According to analysis and regulatory assessments by PwC, these countries include Austria, the Bahamas, Denmark, Estonia, Finland, France, Germany, Greece, Japan, Luxembourg, Portugal, Spain, Sweden, Switzerland and others. The vast majority of countries that have enacted stablecoin laws have also secured or impl...

According to the "PwC 2023 Global Cryptocurrency Regulation Report" released on December 19, as many as 25 countries/regions have enacted stablecoin legislation or regulation in 2023. According to analysis and regulatory assessments by PwC, these countries include Austria, the Bahamas, Denmark, Estonia, Finland, France, Germany, Greece, Japan, Luxembourg, Portugal, Spain, Sweden, Switzerland and others. The vast majority of countries that have enacted stablecoin laws have also secured or impl...

The multi-chain trading platform Thunder attacker stated on the chain that Thunder’s explanation of the attack was all lies. The attacker also had all user data and would delete the data for 50 ETH. According to previous news, the multi-chain trading platform Thunder stated that the third-party service it used was attacked, and 114 wallets were affected. The team stopped the attack within 9 minutes, and no user private keys were leaked, and compensation will be arranged next. Subsequent monit...

The multi-chain trading platform Thunder attacker stated on the chain that Thunder’s explanation of the attack was all lies. The attacker also had all user data and would delete the data for 50 ETH. According to previous news, the multi-chain trading platform Thunder stated that the third-party service it used was attacked, and 114 wallets were affected. The team stopped the attack within 9 minutes, and no user private keys were leaked, and compensation will be arranged next. Subsequent monit...

Yu Weiwen, President of the Hong Kong Monetary Authority, issued an article "Talk about Stablecoins: Supervising Issuers to Protect Holders", stating that in view of the potential risks posed by stablecoins, international organizations include the Financial Stability Board under the Group of Twenty (G20) All localities have been clearly required to supervise crypto-asset-related activities, including the issuance of stablecoins. Hong Kong must also establish a regulatory system that is in lin...

Yu Weiwen, President of the Hong Kong Monetary Authority, issued an article "Talk about Stablecoins: Supervising Issuers to Protect Holders", stating that in view of the potential risks posed by stablecoins, international organizations include the Financial Stability Board under the Group of Twenty (G20) All localities have been clearly required to supervise crypto-asset-related activities, including the issuance of stablecoins. Hong Kong must also establish a regulatory system that is in lin...

According to a statement on September 7, the U.S. House of Representatives Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion will hold a hearing on the "Digital Dollar Dilemma" on September 14 to discuss the issue of CBDC and "private sector alternatives." Influence. In about two weeks, SEC Chairman Gary Gensler will testify before the full committee. The hearing will be the first time in months that a House committee has discussed issues related to the la...

According to a statement on September 7, the U.S. House of Representatives Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion will hold a hearing on the "Digital Dollar Dilemma" on September 14 to discuss the issue of CBDC and "private sector alternatives." Influence. In about two weeks, SEC Chairman Gary Gensler will testify before the full committee. The hearing will be the first time in months that a House committee has discussed issues related to the la...

Leaders of G20 member states on Saturday endorsed the Financial Stability Board’s (FSB) recommendations on the regulation and supervision of crypto-assets and global stablecoin arrangements. The "New Delhi Leaders Declaration" stated that the G20 will continue to pay close attention to the risks of the rapid development of the crypto-asset ecosystem, and the G20 finance ministers and central bank governors will discuss the advancement roadmap at the October 2023 meeting. The next G20 finance ...

Leaders of G20 member states on Saturday endorsed the Financial Stability Board’s (FSB) recommendations on the regulation and supervision of crypto-assets and global stablecoin arrangements. The "New Delhi Leaders Declaration" stated that the G20 will continue to pay close attention to the risks of the rapid development of the crypto-asset ecosystem, and the G20 finance ministers and central bank governors will discuss the advancement roadmap at the October 2023 meeting. The next G20 finance ...

Celsius Network had filed a "defensive complaint" with EquitiesFirst Holdings on Wednesday afternoon in an attempt to recover assets, according to a bankruptcy court filing. EquitiesFirst, a private lending platform, owes Celsius approximately $439 million in cash and bitcoin as of July 2022. Celsius first took out a mortgage from the platform in 2019, but EquitiesFirst failed to return the collateral in 2021. The filing on Wednesday named EquitiesFirst and its chief executive, Alexander Chri...

Celsius Network had filed a "defensive complaint" with EquitiesFirst Holdings on Wednesday afternoon in an attempt to recover assets, according to a bankruptcy court filing. EquitiesFirst, a private lending platform, owes Celsius approximately $439 million in cash and bitcoin as of July 2022. Celsius first took out a mortgage from the platform in 2019, but EquitiesFirst failed to return the collateral in 2021. The filing on Wednesday named EquitiesFirst and its chief executive, Alexander Chri...

BakerySwap, the AMM and NFT exchange on BNB Chain, stated on the 1.9 billion 1cat (approximately US$23 million) tokens participated in this ID0, totaling US$103.5 million in USDT. This time ID0 has been oversubscribed 360 times, and the excess funds will be refunded within 12 hours.

BakerySwap, the AMM and NFT exchange on BNB Chain, stated on the 1.9 billion 1cat (approximately US$23 million) tokens participated in this ID0, totaling US$103.5 million in USDT. This time ID0 has been oversubscribed 360 times, and the excess funds will be refunded within 12 hours.

Bloomberg analyst James Seyffart tweeted that according to public documents, Grayscale once again submitted a revised S-3 document to the SEC today, aiming to convert GBTC into a Bitcoin spot ETF. Analysts pointed out that Grayscale has compromised and is accepting the SEC’s “cash-only creation/redemption of shares” requirement.

Bloomberg analyst James Seyffart tweeted that according to public documents, Grayscale once again submitted a revised S-3 document to the SEC today, aiming to convert GBTC into a Bitcoin spot ETF. Analysts pointed out that Grayscale has compromised and is accepting the SEC’s “cash-only creation/redemption of shares” requirement.

"Bitcoin Magazine" CEO David Bailey issued an article saying that Grayscale CEO Barry Silbert had criminal behavior. He “borrowed customer deposits to manipulate and prop up the price of GBTC so that he could use it as collateral to knowingly borrow Bitcoin from Genesis users” He was effectively insolvent. This is a criminal act. Bailey claims that Silbert spent as much as $500 million in 2022 to “prop up the GBTC market,” particularly during the collapse of Do Kwon’s Terra Luna empire. Silbe...

"Bitcoin Magazine" CEO David Bailey issued an article saying that Grayscale CEO Barry Silbert had criminal behavior. He “borrowed customer deposits to manipulate and prop up the price of GBTC so that he could use it as collateral to knowingly borrow Bitcoin from Genesis users” He was effectively insolvent. This is a criminal act. Bailey claims that Silbert spent as much as $500 million in 2022 to “prop up the GBTC market,” particularly during the collapse of Do Kwon’s Terra Luna empire. Silbe...

Cryptocurrency exchange Kraken is gradually rolling out support for deposits in euros and pounds sterling via PayPal for users in the United Kingdom and Europe (excluding Hungary and Croatia). However, the PayPal top-up method is currently only available on the Kraken mobile app after an update two days ago. Kraken’s main platform is also undergoing a makeover, with a new interface replacing the traditional “Kraken Classic” trading platform, according to the website’s landing page. Deposits v...

Cryptocurrency exchange Kraken is gradually rolling out support for deposits in euros and pounds sterling via PayPal for users in the United Kingdom and Europe (excluding Hungary and Croatia). However, the PayPal top-up method is currently only available on the Kraken mobile app after an update two days ago. Kraken’s main platform is also undergoing a makeover, with a new interface replacing the traditional “Kraken Classic” trading platform, according to the website’s landing page. Deposits v...

Vitalik Buterin published an article describing a PoS simplification proposal, saying that the Ethereum blockchain currently handles a large number of signatures, resulting in high load and a lot of technical sacrifices. Therefore, he proposed a design that only requires 8192 signatures per slot (even using SSF), aiming to make consensus implementation simpler and lighter. Buterin proposed three methods, namely: focusing on decentralized pledge pools; two-level pledges; and rotating participa...

Vitalik Buterin published an article describing a PoS simplification proposal, saying that the Ethereum blockchain currently handles a large number of signatures, resulting in high load and a lot of technical sacrifices. Therefore, he proposed a design that only requires 8192 signatures per slot (even using SSF), aiming to make consensus implementation simpler and lighter. Buterin proposed three methods, namely: focusing on decentralized pledge pools; two-level pledges; and rotating participa...

Analysts said that institutional investors will show more active interest in the cryptocurrency field in 2024, driven by factors such as the possible approval of a Bitcoin spot ETF, expected interest rate cuts by the Federal Reserve, and increased regulatory transparency, and the activities of financial institutions in the crypto market may will increase. Data from derivatives exchanges show that trading activity among institutional investors has increased since October 2023. Deribit Chief Co...

Analysts said that institutional investors will show more active interest in the cryptocurrency field in 2024, driven by factors such as the possible approval of a Bitcoin spot ETF, expected interest rate cuts by the Federal Reserve, and increased regulatory transparency, and the activities of financial institutions in the crypto market may will increase. Data from derivatives exchanges show that trading activity among institutional investors has increased since October 2023. Deribit Chief Co...