The Ethereum Name Service (ENS) has regained control of the eth.link domain name after winning an injunction in its lawsuit against domain provider GoDaddy, the ENS announced late Sunday. ENS parent company True Names Ltd., along with previous eth.link owner Virgil Griffith, filed a lawsuit against GoDaddy, Dynadot, and Manifold Finance earlier this month. GoDaddy allegedly transferred the ENS’s eth.link…
Month: September 2022
US Treasury plans to ask public if crypto-related regulations are ‘no longer fit for purpose’
The United States Department of the Treasury will be calling for comments from the public on digital assets, including their views on how regulations may address illicit uses of crypto. In a document set to be published in the Federal Register on Tuesday, the U.S. Treasury requested public comment on “digital-asset-related illicit finance and national security risks as well as…
BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
The United States equities markets and the crypto markets are likely to remain volatile in the near term because traders remain nervous about the size of the next Federal Reserve rate hike on Sept. 20 and Sept. 21. While the majority favors a 75 basis point rate hike, according to the CME FedWatch Tool, some analysts expect the Fed to…
Treasury Asks for Public Input to Shape Crypto Regulations—Including NFTs and DeFi
The U.S. Treasury today invited the public to comment on how digital assets are being used in crime—and what the government can do about it. Related to President Joe Biden’s March executive order to regulate the cryptocurrency industry, Monday’s request for comment aims to mitigate the risks associated with digital assets. It lists 23 questions touching on a number of…
‘Ultra Sound Money’ — Post-Merge Stats Show Ethereum’s Issuance Rate Plunged After PoS Transition – Technology Bitcoin News
Months before Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS), a simulation of The Merge had shown the network’s issuance rate would drop following the ruleset change. Statistics now show that the simulation’s predictions have come to fruition as the network’s issuance rate has slowed significantly since September 15, following the Paris Upgrade that triggered The Merge. Ethereum’s Issuance Rate…
Bitcoin is trapped in a downtrend, but a ‘trifecta of positives’ scream ‘deep value’
$20,000 is no longer support. $100,000 didn’t happen. The Bitcoin halving is 562 days away. Bears simply refuse to release their vice grip on the market and the Federal Reserve’s policy of interest rate hikes and quantitative tightening is adding fuel to the fire. Despite these challenges, in a Sept. 15 Twitter Space hosted by Cointelegraph, Capriole Fund founder Charles…
SEC Charges Crypto Influencer Ian Balina Over Unregistered ICO in 2018
The U.S. Securities and Exchange Commission (SEC) has charged crypto influencer Ian Balina, alleging the crypto personality did not file a registration statement with the commission for his offering and sale of Sparkster’s SPRK tokens, and no exemption from registration was applicable. He also allegedly failed to disclose the compensation he received while promoting Sparkster’s SPRK tokens on social media,…
Russian official says bill to give businesses leeway in use of crypto internationally
A Russian Finance Ministry official has provided new details about a bill on digital currencies that is currently being drafted. The bill provides local infrastructure for settlements and regulation on mining, but will leave many details for businesses to work out on their own, Finance Ministry Financial Policy Department head Ivan Chebeskov said Monday at a roundtable hosted by the…
XRP price risks 30% decline despite Ripple’s legal win prospects
XRP pricewas wobbling between profits and losses on Sep. 19 despite hopes that Ripple would eventually win its long-running legal battle against the U.S. Securities and Exchange Commission (SEC). Ripple and the SEC both agreed to expedite the lawsuit on Friday to get an answer on whether $XRP is a security or not. From the updates of the case, it sounds…
WazirX Delists USDC Stablecoin, Converting User Holdings to Binance USD
WazirX, a leading Indian cryptocurrency exchange, today announced it would delist USD Coin (USDC), Pax Dollar (USDP) and TrueUSD (TUSD), and would auto-convert users’ existing balances on those three stablecoins into BUSD, the stablecoin developed by Binance. “WazirX has stopped deposits of USDC, USDP, and TUSD, and we will not support any new deposits,” the exchange said in an announcement…