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Crypto News
EU Draft Law Targets Bitcoin Mining
The EU is about to announce a legislative proposal that would restrict the bitcoin mining business while promoting the usage of proof-of-stake-based cryptocurrencies.
Bloomberg reports…
Frax Finance will expose its liquid staking protocol to the public in two weeks
Within two weeks, decentralized stablecoin issuer Frax Finance will make its liquid staking technology on Ethereum publicly accessible.
The launch will enable users to stake ether (ETH)…
TRON (TRX) has been in a deflationary condition for about a year
Despite the dominant adverse mood on the cryptocurrency market and the struggle of most of its assets to remain in the green zone, one of its assets is breaking a record for the length of…
Dubai police department is the first to provide virtual services in the metaverse
The United Arab Emirates (UAE) is continuing its adoption of the metaverse throughout all of its government and business institutions.
Khaleej Times, a Dubai-based online newspaper, said…
Ex-Morgan Stanley CEO says bitcoin may fuel financial transactions in “a tremendous…
As the cryptocurrency market grows, there are still unanswered questions surrounding the industry's future development and integration with the conventional financial system. Notably, a…
India wants to create crypto SOPs while holding the G20 chair
Sitharaman has already urged for global cooperation to determine the future of cryptocurrencies and has cautioned against the widespread use of cryptocurrencies, citing threats to financial…
MetaMask enables the purchase of cryptocurrencies through bank transfer
MetaMask has introduced a new function to its popular cryptocurrency wallet. Users in the United States may now purchase virtual currencies using bank accounts.
Users of MetaMask in the…
Wintermute promptly repays a $92 million TrueFi loan despite a $160 million hack
After repaying TrueFi's $92 million loan, Wintermute still owes Maple Finance and Clearpool $97,4 million in loans.
When Wintermute, a bitcoin market maker, lost $160 million due to a…
Roche Freedman was forced to step down by a New York court
The legal firm Roche Freedman was forced out of its role as lead counsel in a class action case against USDT issuer Tether and its partnered company Bitfinex by a New York judge.
The…
Elon Musk’s Twitter Deal Is The Subject Of A Federal Investigation
In contrast, the billionaire's lawyers said that Twitter is under investigation.
Elon Musk, the billionaire CEO of Tesla and SpaceX, is being probed by federal authorities about his…