SEC Commissioner Hester Peirce Calls for ‘Legal Clarity and Freedom to Experiment’ for DeFi

Saying that DeFi promises democratization, open access, transparency, predictability, and systemic resilience, Peirce mentioned the risks related to the industry. They include security vulnerabilities, scaling problems, and faux decentralization. On Monday, US Securities and Exchange Commission (SEC) Commissioner Hester Peirce delivered a speech for the George Washington University Law School “Regulating the Digital Economy” conference. During the event, Peirce shared her vision on decentralized finance (DeFi), describing it as an alternative legacy financial system many are seeking right now. Besides, the SEC Commissioner said DeFi is “a very good test”…

COINBASE entfernt Ripple! Ist nun ALLES VERLOREN? Steckt ein GROSSER PLAN DAHINTER?! Mr Pool Drops

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RUNE soars after Multichain capital reveals large position

Thorchain’s native token RUNE gained 30% in the last 24 hours after crypto venture firm Multicoin Capital revealed that it has accumulated a large position in the asset. RUNE was trading at roughly $3.90 on Feb. 23 before Multicoin announced their investment, which sent prices soaring to new all-time highs at $5.61. RUNE/USD: CoinGecko THORChain’s token was largely unaffected by the Feb. 22 crash that saw BTC and many altcoins dip significantly, with RUNE up 34% in the past seven days. This announcement comes off the back of a strong…

SAFEST & BEST Cryptocurrency Wallets to Store Bitcoin, Ethereum & Altcoins | TOP 5 (2021)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io What is the best and safest way to store your cryptocurrency and bitcoin in 2021? Is your cryptocurrency safe on exchanges like Binance, Coinbase or Coinspot? The most important aspect when starting out in cryptocurrency is to keep your coins safe. As the old saying goes, “not your keys, not your crypto”. You are essentially becoming your own bank and must take measures to secure your funds. After all, there is no cryptocurrency helpline for you to call should you lose those…

Umbrella IDO sees record participation on Polkastarter

Decentralized oracle network Umbrella has published details of its recent initial DEX offering, or IDO, revealing that 110,000 applicants hsigned up for the offering on Polkastarter. The Feb. 9 offering saw 10 times the amount of hopefuls sign up as the 1,000 randomly selected slots available, with 2.5 million UMB tokens being distributed to only 625 participants during the sale. The IDO raised 72.5 Ether worth roughly $250,000. In an announcement shared with Cointelegraph, Umbrella emphasizes the token sale was intended to limit the concentration of tokens among large holders,…

Bitcoin Mining Firm Northern Data AG Plans for a $500 Million IPO – Mining Bitcoin News

While the public prepares for the upcoming Coinbase public offering, the mining firm Northern Data AG is reportedly planning to go public as well. Sources say that the mining business is in talks with Credit Suisse Group to launch an initial public offering (IPO) in the United States. Report: Sources Say Northern Data AG IPO for $500 Million Is in the Works Recent reports say that Northern Data AG, the mining operation that mines bitcoin (BTC), is planning to IPO in the near future. Bloomberg reveals that “sources familiar with…

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 💰 Bybit: $600 BONUS 💰 Use This Voucher Code: JACKPOT BITCOIN TODAY: In this video, I’ll go through the Bitcoin news today & I’ll make a Bitcoin price analysis. I make 1 video every single day about crypto news & BTC. I’ll always include professional Bitcoin technical analysis, to make a Bitcoin price prediction, and I’ll also show you the most relevant news for BTC investing & trading. Please subscribe and leave a THUMBS UP! ⭕️ To sign up to Bybit from…

Exchange demands users return Bitcoin bought for $6K during tech glitch

One of Southeast Asia’s biggest crypto exchanges is blaming a technical glitch for the price of Bitcoin dropping down to 300,000 PHP, roughly $6,100, on Feb. 16.  An unknown number of customers of the Philippine Digital Assets Exchange, or PDAX, managed to buy thousands of BTC from the exchange at a massive discount, making them local currency billionaires on paper — at least for a few hours. A number of PDAX customers withdrew their purchased Bitcoin, up to the exchange’s limit on individual accounts of one BTC per 24 hours.…

Whales offloaded 140K Bitcoin this month: Glassnode

According to a new report from crypto market data aggregator, Glassnode, Bitcoin whales offloaded massive amounts of BTC during February. Glassnode defines any address that holds between 1,000 BTC and 10,000 BTC as a “whale”, while “humpback whales” hold more than 10,000 BTC. The report found that the number of whales increased by more than 14% in the year to Feb. 5, 2021. Whales and humpbacks’ buying spree peaked in January as they snapped up 80,000 BTC, worth $3.84 billion at today’s prices. But since February, whales and humpbacks appear…

DeFi user pays $36K for one Uniswap transaction, as EIP-1559 draws closer

Ethereum fees are at record level but even so, one Uniswap user paid well over the going rate with a gas fee of $36,000 for a single transaction. Crypto twitter has been flooded with complaints about the unsustainable fees for using the Ethereum network but the rates only exacerbated one DeFi user’s fat fingered mistake. The exorbitant transaction was tweeted by co-founder and CTO of Groundhog Network, Andrew Redden, who confirmed it was Uniswap related. Presenting: The most expensive approve https://t.co/WQvgjZWFug — Andrew Redden ️ (@androolloyd) February 23, 2021 The…