Day: January 27, 2022

Anchor protocol’s reserves head toward depletion due to lack of borrowing demand

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Anchor, the flagship savings protocol of the Terra Luna (LUNA) ecosystem, has seen its reserves decline by 35.7% in the past seven days, according to Terra.Engineer. Since the beginning of December, the amount of Terra USD Stablecoin (UST) held in the “terra1tmnqgvg567ypvsvk6rwsga3srp7e3lg6u0elp8” smart contract has declined by over 50%, with only $35.7 million remaining. As a savings protocol, users deposit their UST assets via their wallets and earn up to 20% yields as their principal is lent out to borrowers, who pay interest on the loan amount. Borrowers must deposit collateral…

House members urge US treasury secretary to clarify definition of broker in infrastructure law

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A bipartisan group of members from the U.S. House of Representatives called on Treasury Secretary Janet Yellen to clarify the language in the infrastructure bill signed into law in November around the definition of “broker.” In a Wednesday letter, House Financial Services Committee ranking member Patrick McHenry and ten other representatives urged Yellen to reference the Keep Innovation in America Act to “ensure that any future guidance” in the November infrastructure bill would provide “the necessary clarity to the digital asset ecosystem.” In addition to the reporting requirements, the lawmakers said that…

CRYPTO KRACH DE BITCOIN & ALTCOINS CORRÉLÉ AU MARCHÉ US ? ⚠️+ Analyse Ethereum (ETH) Uniswap (UNI)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CRYPTO KRACH DE BITCOIN & ALTCOINS CORRÉLÉ AU MARCHÉ US ? ⚠️+ Analyse Ethereum (ETH) Uniswap (UNI) 👍 Si vous avez apprécié cette vidéo, n’hésitez pas à mettre un pouce bleu pour nous soutenir ! Rejoignez-nous: 📚 Rejoignez notre communauté gratuite sur Discord ⭐ Rejoignez nous aussi sur Twitter Analyse Technique du Bitcoin ( BTC ) et Ethereum ( ETH ) – Notre avis sur Uniswap (UNI) , la crypto qui pourrait prendre à contre pieds les autres crypto monnaies. Un Brief…

DOJ Indicts Cryptsy Exchange Founder for Stealing $1M in Crypto

The U.S. Department of Justice (DoJ) has indicted Project Investors Inc. (also known as Cryptsy) CEO and founder Paul Vernon for stealing $1 million from wallets that the now-defunct crypto exchange controlled, the agency announced Wednesday. In a 17-count indictment that was unsealed in federal court in Miami, the DOJ charged Vernon, 48, with tax evasion, wire fraud, money laundering, computer fraud and destruction of records in a federal investigation, among other charges. The DOJ is alleging that between May 2013 and May 2015 Vernon stole over $1 million from…

Putin Urges Government, Central Bank to Reach Consensus on Crypto, Highlights Russia’s Mining Potential – Regulation Bitcoin News

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President Vladimir Putin has joined the debate on the future of cryptocurrencies in Russia, calling on the government and central bank to work out a common position on their regulation. The Russian leader also emphasized Russia’s strengths as a crypto mining destination. Putin Asks Ministers and Bankers to Report Back With Consensus on Cryptocurrencies Russian President Vladimir Putin has added his comments to the ongoing discussion on how to put Russia’s growing crypto space in order. At the start of a video conference with the members of the Russian government,…

Ripple takes the high road, Jan. 20–26

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Blockchain payments company Ripple (XRP) made it abundantly clear this week that it’s not letting its feud with the United States Securities and Exchange Commission (SEC) hold back its business plans. On Wednesday, the company announced it had repurchased all Series C shares that it issued to private investors back in December 2019 — even though a court ruling in 2021 said it didn’t have to. This week’s Crypto Biz explores Ripple’s share repurchase and provides an overview of the biggest funding stories of the week. We also weigh a…

Cuatro cosas que deberías hacer en un mercado bajista de cripto

El mercado global de cripto tuvo $328.000 millones en pérdidas durante la etapa bajista que comenzó el viernes. Eso es más que la capitalización de mercado del gigante farmacéutico Pfizer. Muchos inversores, tanto novatos como veteranos, se verán atrapados en la caída del mercado y no podrán cobrar sin incurrir en grandes pérdidas. Read this article in English. Según datos de Intotheblock, el 28% de los inversores en bitcoin y más del 31% de los inversores en ether están “out of the money” en este momento, lo que significa que…

Axie Infinity devs release governance token for Ronin Blockchain to mixed player response

On Thursday, Sky Mavis, the creator of the monster-battle game, Axie Infinity, released its much-anticipated RON governance token. The token is based on its Ethereum (ETH) sidechain Ronin Network. Its purpose includes paying for transactions on Ronin, staking and participating in community proposals. According to its developers, Ronin has over 250,000 unique daily active addresses. When ranked by the number of weekly active users, Katana, Ronin’s decentralized exchange (DEX), is the No. 2 largest DEX. In addition, the blockchain surpassed $5 billion in deposited value, with 15% of all nonfungible token (NFT)…