Myntbas

Över 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks

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In less than two weeks, det totala värdet låst (TVL) in liquid staking derivatives has increased by 441,110 eter, worth roughly $793 miljon. While Lido Finance dominates the market with 74.35% of the TVL, competing liquid staking protocols Rocket Pool and…

Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making

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A lawyer has explained why the U.S. säkerhet och utbytesprovision (SEC) will likely lose if the regulator takes crypto exchange Coinbase to court over alleged securities law violations. “The problem is entirely of Gary Gensler’s own making,” he stressed. Lawyer…

Former SEC Enforcement Chief: Coinbase’s Arguments ‘a Surefire Loser’ and Possibly Criminal

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According to John Reed Stark, crypto exchange Coinbase’s assertions that its business activities were endorsed by the U.S. säkerhet och utbytesprovision (SEC) when it approved its initial public offering are “a surefire loser.” According to Stark, the SEC’s approval of…

Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet

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Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 miljon, more than the initially…

Crypto Exchange Coinbase Faces Legal Action Over Biometric Data Collection

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The Nasdaq-listed cryptocurrency exchange Coinbase has been accused of “wrongfully” profiting from its users’ facial and fingerprint scans. “Coinbase collects, stores, possesses, otherwise obtains, uses, and disseminates its users’ biometric data to, amongst other things, further enhance Coinbase and its online…

Coinbase Shares Wells Response, Challenges SEC’s Change in Attitude Towards Its Core Businesses

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I april 27, Myntbas, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. säkerhet och utbytesprovision (SEC) back in March. The company maintained that the…

Binance Launches Ether-Based Liquid Staking Product WBETH to Rival Liquid Staking Competitors

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In an announcement made on April 24, Binance, the cryptocurrency exchange with the largest trade volume, unveiled its latest staking product, wrapped beacon eth (WBETH). This new addition to Binance’s staking solutions is built on the Ethereum network, joining the ranks…

Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork

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Following the Shapella hard fork on April 12, 2023, approximately 332,368 eter, valued at around $699 miljon, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase in ether deposits over the last…

Ticketmaster Launches NFT-Gated Ticketing Service for Avenged Sevenfold Shows

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Ticketmaster, the global provider of event ticketing services, has launched “token-gated sales,” allowing fans access to concert tickets using non-fungible token (NFT) teknologi. The first to use the service is the metal band Avenged Sevenfold (A7X), whose “Deathbats Club” NFT-samling…

US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Miljard

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As of March 25, 2023, USA. government held 205,515 bitcoins worth $5.6 miljard, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s…