Ethereum-Based Aave’s New GHO Stablecoin Sees Rapid Growth, Hits $2.5M Market Cap in Just 2 Days
Aave’s new algorithmic, dollar-pegged Ethereum stablecoin GHO has quickly reached a $2.5 million market cap just 48 hours after launching.
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SEC Head Gensler Sees Promise in AI But Cautions Against Misuse
Gensler pointed out four areas where the SEC could make more use of artificial intelligence to improve their oversight, including better monitoring of financial markets.
Major Crypto Exchange Binance Now Fully Integrated With Bitcoin’s Lightning Network
Binance has integrated the Lightning Network to enable faster, cheaper Bitcoin deposits and withdrawals for its users.
Chainlink Launches Cross-Chain Protocol to Connect Banks and Blockchains, Boosting LINK Price
Some of the biggest banks globally are working with Chainlink to look into ways they can use the Cross-Chain Interoperability Protocol.
Founder of Crypto Lender Celsius Network Face Legal Action by US SEC
Mashinsky and Celsius face a lawsuit by the SEC for allegedly selling unregistered cryptocurrency securities, raising billions of dollars while providing false information about the company’s financial state.
Major Setback for Coinbase Stakers: Ethereum and Solana Rewards Now Off-Limits in 4 US States
Despite facing allegations of illegal securities activities regarding staking from several states, Coinbase stated it will legally defend crypto staking but has halted the service for new users in California, New Jersey, South Carolina, and Wisconsin.
XRP Surges Ahead as Solana, Cardano, Polygon Outpace Bitcoin and Ethereum in Altcoin Rally
Ripple’s legal win against the SEC triggered an altcoin rally led by XRP, with Solana, Cardano, and Polygon dramatically outperforming Bitcoin and Ethereum this week.
Massive Ethereum NFT Heist: Smart Contract Bug Allows Hacker to Steal Over 200 Ethscriptions
The creator of Ethscriptions, an Ethereum-based NFT protocol, reported the project’s main marketplace was hacked, compromising over 200 digital collectibles.
BlackRock’s Bitcoin ETF Application Now Under Review by SEC
The SEC’s formal acceptance of BlackRock’s bitcoin ETF application indicates the regulatory agency will thoroughly review the high-profile crypto fund submission.
New Tool Transforms Crypto Seed Phrases into Inconspicuous Color Codes for Discreet Offline Storage
The new BIP39 Colors tool converts crypto seed phrases into randomized color arrays to allow decentralized and discreet physical backup of wallets, addressing the risks of plainly written phrases being discovered.