The algorithmic stablecoin ban has sparked a range of arguments in the crypto industry as it is being seen as a watershed moment. New draft legislation on stablecoins in the United States House of Representatives proposed to impose a two-year ban on new algorithmically pegged stablecoins like TerraUSD (UST).The proposed...
Half Billion SHIB Sent to Dead Wallets in Past Week, but Burning Is Not as It Used To Be
“Bitcoin on Cardano” Project Introduces Its Updated Roadmap: Details
Terra could leave a similar regulatory legacy to that of Facebook’s Libra
Senators Tell Facebook How to Fight Crypto Fraud
Roughly nine democrat senators – including Cory Booker of New Jersey, Elizabeth Warren of Massachusetts, and Bernie Sanders of Vermont – have sent a letter to Mark Zuckerberg – the CEO of Facebook (now Meta) – wanting to know what he’s doing to potentially end all crypto scams appearing on...
Ethereum Merge spikes block creation with a faster average block time
some of the evident improvements experienced by the blockchain post-Merge include a steep increase in daily block creation and a substantial decrease in average block time. The Merge upgrade for Ethereum (ETH), which primarily sought to transition the blockchain into a proof-of-stake (PoS) consensus mechanism, has been revealed to have...
Bitcoin price starts ‘Uptober’ down 0.7% amid hope for final $20K push
Bitcoin price action could include a fresh trip to $20,500, but beyond that, the overall trend remains firmly down for traders. Bitcoin (BTC) failed to hold $20,000 into the September monthly close as one trader eyed a final comeback before fresh downside.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader's $20,500 upside...