SEC’s proposed rule on exchanges could threaten DeFi, says Crypto Mom

Hester Peirce, a commissioner for the U.S. Securities and Exchange Commission known by many in the space as Crypto Mom, is warning that a proposed rule from the agency could potentially affect the regulation of firms involved with decentralized finance. According to a Tuesday Bloomberg report, Peirce said that the 654-page proposal recently released by …

NYDIG offering allows participating companies to pay employees in Bitcoin

The New York Digital Investment Group, or NYDIG, has launched a benefit program allowing employees of participating companies to convert a portion of their paychecks into Bitcoin. In a Tuesday announcement, the NYDIG said several firms involved with sports, entertainment and digital currencies would be among the first to offer the crypto payments, including Everbowl, …

First cross-chain governance proposal passes on Aave

On Monday, the first cross-chain governance proposal passed on decentralized finance, or DeFi, borrowing and lending platform Aave (AAVE). According to DeFi Llama, the amount of total value locked on Aave is approximately $12 billion. As told by its developers, a proposal executed on Aave, which is built on the Ethereum (ETH) network, was sent to …

Bitcoin Price Prediction: BTC/USD Struggles to Hold Above $39,000 Resistance Level

Bitcoin Price Prediction – February 1 The Bitcoin price prediction is currently consolidating and seems to be preparing for the next move above the resistance level of $39,000. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $43,000, $45,000, $47,000 Support Levels: $34,500, $32,500, $30,000 BTCUSD – Daily Chart Buy Bitcoin Now The daily …

Coinbase Lists Two Low-Cap Altcoins Built on Solana (SOL), Triggering Rallies

Two small-cap altcoins built on Solana (SOL) are enjoying a boost after getting a surprise listing from Coinbase. The top crypto exchange in the US suddenly announced it would be accepting inbound transfers of Solana-based projects Bonfida (FIDA) and Orca (ORCA). Bonfida is built on top of both Solana and Solana-based Serum (SRM) and aims …

Astra Protocol Sets Up a Compliance Hub in The Sandbox Virtual World To Bring Fully Decentralized Compliance to Metaverse Users

February 1, 2022 – Zürich, Switzerland Astra Protocol, a cutting-edge legal and compliance layer that brings unmatched assurance to public blockchains, is pleased to announce that it has set up a compliance hub in The Sandbox virtual world. The new compliance hub will arm the metaverse users with a decentralized compliance layer, including know your …

New Report Reveals Ripple Ramping Up XRP Sales by 45% in Q4 of 2021, Demand for RippleNet Skyrocketing

Ripple is disclosing that it increased its XRP sales in the fourth quarter of 2021 with demand for RippleNet surging despite the loss of a major partner. Ripple notes in a new blog post that it sold more than $1 billion worth of XRP last quarter in relation to its cross-border payments platform, On-Demand Liquidity …

Flint Launches High Annual Crypto Returns on Solana Without the Volatility

February 1, 2022 – New Delhi, India Passive crypto investment gateway Flint will enter its beta stage to let anyone easily access passive returns on their stablecoins. Returns can be as high as 13% per annum, and there are no specific time requirements for locking up funds. Passive income is a dream for many cryptocurrency …

ConsenSys acquires MyCrypto to ‘improve the security’ of its products

ConsenSys announced Tuesday that it had acquired MyCrypto, the Ethereum wallet interface provider, adding it to the software company’s product suite. Its intent is to merge MyCrypto with the ConsenSys-owned MetaMask wallet, to “improve the security of all the products and create a cohesive user experience across desktop, mobile, extension and browser wallets.” We are …

New York gubernatorial candidate calls for moratorium on proof-of-work mining

With roughly nine months until major federal and state elections, New York State gubernatorial candidate Jumaane Williams is making crypto mining an issue in his campaign, criticizing the lack of regulatory clarity. Speaking to climate activists and protestors at Seneca Lake in upstate New York on Monday, Williams called on current Governor Kathy Hochul to …

NFTs are ‘Stayin’ Alive’ as new minting trends, AI and music-based projects thrive

In 2020, newly launched NFTs projects experienced costly gas wars that are gas priority auctions where buyers battle to secure their spot on the next block, potentially losing Ether (ETH) to failed transactions. In 2021, digital scarcity and utility drove the NFT hype in the constantly surging markets, and toward the end of the year, how …

Which play-to-earn games are better than Axie Infinity? | Find out now on The Market Report

“The Market Report” with Cointelegraph is live right now!  In this week’s show, Cointelegraph’s resident experts discuss which play-to-earn (P2E) games have the potential to dethrone Axie Infinity. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook …

MicroStrategy buys the dip, adding 660 more BTC to its reserve

In its first major purchase of the year, MicroStrategy added 660 additional BTC to its reserves, which currently holds over 125,000 BTC. MicroStrategy’s doubles down on Bitcoin following conference announcement According to the latest Form 8-K document filed with the SEC, MicroStrategy purchased 660 BTC between December 30th, 2021, and January 31st, 2022. The company …

SX Network introduces Polygon’s first Layer-2 blockchain

Disclosure: This is a sponsored post. Readers are encouraged to conduct further research prior to taking any actions. Learn more › The cryptocurrency community has numerous ideals that helped grow the market to over $3 trillion at its peak. These ideals include security, decentralization, and free markets and are now being upheld by SportX via …

Entering the era of decentralized video streaming with Theta Network

On the heels of new partnerships, the Theta ecosystem continues to expand, attracting new video content distributors, creators, and users.  Leveraging a next-generation end-to-end infrastructure for decentralized streaming, Theta enables media and entertainment companies to improve video delivery at lower costs, while expanding their reach–boosting views and user engagement through token incentives. Enabling content consumers …

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