Liquid restaking involves securing additional yield, or rewards, on natively staked ether. Ether.fi currently offers 3.92% and loyalty points across EigenLayer. The points will eventually be convertible to token airdrops. The liquid restaking market has soared since December, with EigenLayer’s total value locked (TVL) rising to $10 billion from $250 million, data from DefiLlama shows. Source
The U.K.-based project saw its stablecoin, USDR, falter in a liquidity crisis last year. Tangible is now setting its sights on two forms of redemption: first, a literal redemption of assets for holders of the sub-dollar stablecoin, and second, metaphorical redemption of the project itself through a pivot to becoming a platform for other RWAs to build on. Source
In a powerful demonstration of resilience, bitcoin’s value climbed past the $65,000 mark on March 4, 2024, showcasing a significant upward movement from its 24-hour low of $61,769. This climb is supported by a robust trade volume of $42.41 billion and a market capitalization of $1.276 trillion, indicating increased trader optimism. Bitcoin The hourly chart […] Original
A federal judge in a landmark ruling supports the Securities and Exchange Commission’s (SEC) position that certain crypto assets are securities even when traded on secondary markets. A March 1 judgment in the SEC case against a former Coinbase staffer for insider trading has added another dimension to the ongoing debate about how to categorize crypto assets. The SEC’s case introduced a unique complexity to the already gloomy crypto regulatory landscape in the U.S., as it involves individuals accused of insider trading rather than crypto firms themselves. Ishan Wahi, a…
Jaap Arriens | NurPhoto | Getty Images The price of bitcoin rose to start the week, edging even closer to its all-time high after the rally took a breather over the weekend. The flagship cryptocurrency was last higher by 3.7% at $65,127.00, according to Coin Metrics. Earlier, it rose to as much as $65,606.17, its highest level since November 2021. Ether advanced 1% to $3,508.24. Both coins are coming off their best week in almost a year (bitcoin gained about 21% and ether 16%) but paused their run over the…
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The Information Commissioner’s Office (ICO) has taken action against five public authorities for continued failings to meet their obligations under the Freedom of Information (FOI) Act. Sussex Police and South Yorkshire Police have been issued with enforcement notices for their FOI failings, with the latter’s FOI request response rate being classed as “unacceptable on any level”. The Department of Education (DfE), Foreign Commonwealth and Development Office (FCDO) and the Financial Ombudsman Service (FOS) have been given practice recommendations setting out improvements they can make to better comply with their legal obligations. It…
“BitForex, purportedly headquartered in Hong Kong, has neither been licensed by the SFC nor applied to the SFC for a license to operate a VATP in Hong Kong,” Hong Kong’s Securities and Futures Commission (SFC) said. BitForex is also licensed to operate in Canada. Source
Dear colleague, Today, as my office takes further regulatory action against five public organisations for their continued failings to meet their obligations under the Freedom of Information (FOI) Act, I am writing to remind you that transparency is essential if the people and communities we serve are to have confidence in the way that public services are delivered. FOI is a fundamental part of transparency. Getting it wrong can mean additional resources are needed to deal with complaints and appeals about decisions, at a time when services are under sustained…
Annwyl gydweithiwr, Heddiw, wrth i’m swyddfa gymryd camau rheoleiddio pellach yn erbyn pedwar sefydliad cyhoeddus am eu methiannau parhaus i gyflawni eu rhwymedigaethau o dan y Ddeddf Rhyddid Gwybodaeth, rwy’n ysgrifennu atoch i’ch atgoffa bod tryloywder yn hanfodol os yw’r bobl a’r cymunedau rydyn ni’n eu gwasanaethu i fod yn hyderus yn y ffordd y mae gwasanaethau cyhoeddus yn cael eu darparu. Mae rhyddid gwybodaeth yn rhan sylfaenol o dryloywder. Gall cymryd cam gwag olygu bod angen adnoddau ychwanegol i ddelio â chwynion ac apelau ynghylch penderfyniadau, a hynny…