A bill on financial services and markets was submitted to the UK Parliament, which included the regulation of cryptocurrencies and other digital assets. In general, the changes proposed by HM Treasury are aimed at “increasing the country's competitiveness as a global financial center” against the backdrop of leaving the EU. The document defines a "digital settlement asset" (DSA) as a...
The main thing Curve Finance is a decentralized exchange with automated market maker technology (AMM-DEX), originally launched on the Ethereum network. It was designed to trade efficiently between stablecoins and other tokens of the same value with minimal slippage and fees. CThedecentralized autonomous organization Curve DAO controls the Curve, which consists of CRV governance token holders. Curve is one...
The US Securities and Exchange Commission (SEC) interferes with regulating the cryptocurrency industry and acts unethically towards its participants. This was stated by a member of the House of Representatives, Tom Emmer. During a meeting of the Financial Services Committee of the lower house of the US Congress, Emmer accused the Commission of politicizing the rules. In...
From March to April 2022, cybersecurity company BrandShield succeeded in removing 120 phishing sites and 58 fake social media accounts from The Sandbox metaverse project. CoinDesk writes about it. The teams' agreement aims to ensure the safety of users associated with the NFT metaverse. BrandShield also evaluates threats from websites and NFT marketplaces in analyzing and classifying attacks...
The Polygon project introduced zkEVM, a new technology for scaling transactions on the Ethereum blockchain. The solution uses zero-knowledge proof when bundling transactions. The technology is fully compatible with smart contracts, tools, and wallets of the second largest cryptocurrency by capitalization. zkEVM is in the testing phase, with a launch scheduled for early 2023. “The holy grail of a Web3 infrastructure...
The volume of outstanding debt of the crypto lending platform Vauld after the suspension of operations amounted to $402 million. Such estimates are contained in the documents for the Singapore court, which were at the disposal of The Block. $363 million of this amount comes from retail investors. The company did not return $34 million to one...
The cost of the leading cryptocurrency, Bitcoin, increased 7% over the past day from July 19 to July 20, 2022. As of 9:45 am Moscow time, BTC was trading at $23,645, up 7.39% from the same day ago. At the same time, the capitalization of the virtual coin reached $452.09 billion, and the daily trading volumes...
On Tuesday, July 19, Bitcoin quotes reached a range above $23,000 for the first time since June 14. Over the past day, the asset has grown by almost 3.5%; at the time of writing, the cryptocurrency is trading near $23,210. Hourly BTC/USDT chart on Binance exchange. Data: Trading View. Following the flagships, all cryptocurrencies from the top 10 by...
The flagship cryptocurrency Bitcoin (BTC) rate rose to $23,000 as of July 19, 2022. This led to more than $630 million of funds being liquidated on the world's centralised exchanges over the past 24 hours. Analysts noted that the Bitcoin currency began a bullish rally after Ethereum (ETH). Market specialists emphasized that the price of BTC...
The Singapore authorities will expand the regulation of cryptocurrencies to cover more activities to limit the risks to investors. Bloomberg reports it. The Monetary Authority of Singapore (MAS) will hold consultations on the proposed measures in September-November, said the head of the department, Ravi Menon. He added that the updated rules might include tightening access to cryptocurrencies...
