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dYdX Community Likely to Approve Foundation’s $30 Million Funding Proposal


The dYdX tokenholders are voting on the $30 million fundraising request proposed by the dYdX Foundation, which is likely to get approved. The Foundation published a blog on Jan. 25 detailing its fundraising proposal. This proposal, if approved, will grant the Foundation $30 million in DYDX tokens...

SEC Faces Backlash from Crypto Leaders for Erroneous Bitcoin ETF Tweet


Source: Adobe/Kristina Blokhin The Securities and Exchange Commission (SEC) has found itself in hot water after an unauthorized tweet on its official account suggested that spot Bitcoin exchange-traded funds (ETFs) had been approved.  The incident, which caused significant volatility in the crypto...

SEC Chairman Jay Clayton Says Bitcoin ETF Approval Is Inevitable


Jay Clayton, former chair of the United States Securities and Exchange Commission (SEC), believes it’s only a matter of time before a spot Bitcoin ETF is approved. “Approval’s inevitable” “I think approval’s inevitable,” Clayton shared during an appearance on Squawk Box Monday. “I think...

Binance Latam Regional VP: ‘We Intend to Become Regulated in Argentina’


Min Lin, Latam regional vice president at Binance, referred to the intention of the institution to become regulated in Argentina after a specific law to license crypto brokers is approved. Lin stated the exchange is talking with regulators to introduce innovation in regulatory frameworks...

Terra Classic Votes to Halt USTC Minting; Community Eyes Future Re-Peg


Following a decisive vote by the Terra Classic community, an initiative to halt the creation of the previously termed stablecoin, terra usd (commonly referred to as UST or USTC), has been approved. Despite 40.56% opposition, 59.42% of the vote gave the nod for the software update. Minting Freeze...

Cryptocurrency Bill Advances to Chamber of Deputies in Paraguay


A cryptocurrency bill introduced in July to the Senate of Paraguay has been approved. The text, which defines several important concepts including virtual assets, and establishes the need for licenses to mine cryptocurrencies, will now advance to the Deputy Chamber to be discussed. Paraguay Could...

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