The staking protocol gave users access to their staking rewards and lowered the barrier of entry to create an Ethereum validator.
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Crypto Investors: Why You Need to Understand Layer 1 Protocols
There’s value in crypto, especially layer 1 protocols, even if regulators and politicians don’t dig enough to see it.
Crypto Companies May Use a Supreme Court Doctrine to Push Back Against SEC: Lawyer
The high court's "major questions doctrine" could be used to limit the regulator's actions against crypto, said Jason Gottlieb, a partner at Morrison Cohen LLP.
Citi Analyst: CBDCs Will Be a ‘Trojan Horse’ for Blockchain Adoption
Ronit Ghose says increasing use blockchain technology will be driven by digital financial instruments.
Ondo Finance Plans Yield-Generating Stablecoin Alternative for Institutional Investors
The new stablecoin-like token, OMMF, will be backed by conventional money market funds and is available only to qualified purchasers and accredited investors. But retail investors can lend against the tokens via Ondo’s DeFi protocol Flux to indirectly access the yield.
First Mover Asia: Is a ‘Sharp Move’ Around the Corner for Bitcoin and Ether?
ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital-asset innovation and leadership away from the U.S.?
Bitcoin, Ether Momentum Traveling Divergent Paths
Ether's price spike this week may be foreshadowing a continuation of this trend.
DeFi Protocol Balancer Experiences Budget Cuts, Headcount Slashes Ahead of Strategy Pivot
The protocol’s service providers have let go of two front-end engineers as they focus on overhauling the platform’s brand.Â
Crypto-Focused Menai Financial Group Shuttering Market-Making Business in London and Tokyo
The firm said it continues to invest in and expand its asset-management business.
Former FTX US President Reportedly Quit After ‘Protracted Disagreement’ With Bankman-Fried
A new 45-page report detailing accounting failures at the failed crypto exchange says that at one point employees were instructed by an unnamed higher-up to “come up with some numbers? Idk.â€