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Nalezeno "Ethereum": 13427

Coinbase Ramps Up USDC Reserves on Base with TVL Exceeding $1 Billion


Coinbase has announced plans to increase the storage of corporate and customer USDC balances on Base, an Ethereum Layer 2 solution incubated by the exchange and built on the open-source OP Stack.  The post Coinbase Ramps Up USDC Reserves on Base with TVL Exceeding $1 Billion appeared first...

US lawmakers seek SEC explanation regarding crypto platform


Lawmakers have requested Chair Gensler to elucidate the SEC’s position in an SPBD’s skill to custody non-securities. American lawmakers, under the leadership of Patrick McHenry, sent a clarification letter to Gary Gensler, Chair, SEC.  The lawmakers requested clarification about...

Web3 Game Munchables Loses $62.5 Million to Exploit: ZachXBT


Web 3 game platform Munchables on Ethereum's Layer 2 Blast network faces a $62.5 million ETH exploit, with ZachXBT tracking down the hefty loss. The post Web3 Game Munchables Loses $62.5 Million to Exploit: ZachXBT appeared first on Cryptonews

House Republicans Demand SEC Clarify Its Position Regarding Prometheum


House Republicans have written a letter to the U.S. Securities and Exchange Commission (SEC) urging for clarity regarding Prometheum and whether Ethereum is considered a security. The post House Republicans Demand SEC Clarify Its Position Regarding Prometheum appeared first on Cryptonews

Nansen Reports $200 Million Exodus From Kucoin After DOJ Action


Following the Department of Justice’s (DOJ) legal action against Kucoin and its founders, analysts from Nansen specializing in real-time onchain data revealed that Kucoin experienced a withdrawal of $99 million in Ethereum-based assets and $109 million in outflows from various EVM-compatible...

What Happens if the SEC Brands ETH a Security?


The status of Ethereum is in limbo – currently Eth is not considered a security by the U.S. Securities and Exchange Commission (SEC) -- but this could all change very quickly. The post What Happens if the SEC Brands ETH a Security? appeared first on Cryptonews

TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins


Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease in its supply. As of March 19, 2024, the circulation was approximately 1.1 billion TUSD, which then plummeted to just 612 million. Supply Slash Sees TUSD Fall From Top 5 Stablecoin Rankings to 8th Position Previously...

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