Market Analysis

Acala Has Recovered Almost 3B aUSD

Acala has taken another step toward recovering funds affected by a recent hack. Key Takeaways Acala has recovered 1.68 billion aUSD in its

Read More
Market Analysis

Fed Governor Touts FedNow as Alternative to CBDC

Key Takeaways Governor Michelle Bowman said today that the Federal Reserve’s FedNow service could be ready by mid-2023. She suggested that the payments

Read More
Market Analysis

Kraken CEO Criticizes Tornado Cash Sanctions

Jesse Powell objects to sanctions against Tornado Cash, but his exchange must comply with the law. Key Takeaways Kraken CEO Jesse Powell has

Read More
Market Analysis

Slaying the Dragonchain: A Tale of Fear and Mania

Key Takeaways Once one of crypto’s most hyped projects, ICO-era startup Dragonchain and its founder were charged today by the SEC for the

Read More
Market Analysis

Hodlnaut Seeks Judicial Management After Halting Withdrawals

Key Takeaways Hodlnaut, a crypto lending company that has suspended user withdrawals, is requesting judicial management in Singapore. The company says that this

Read More
Market Analysis

SEC Charges Dragonchain for Selling Unregistered Securities

The Securities and Exchange Commission is charging Dragonchain founder Joe Roets for allegedly raising $16.5 million through the sales of unregistered securities. Key

Read More
Market Analysis

Acala Community Debating Massive Token Burn to Recover From Exploit

Key Takeaways The Acala community has proposed carrying out a coin burn to help aUSD regain parity with the dollar. After a referendum

Read More
Market Analysis

BitGo to Sue Galaxy Digital for $100M Termination Fee

BitGo has announced it will seek legal remedies against Galaxy Digital following the investment firm’s decision to terminate its $1.2 billion acquisition deal

Read More
Market Analysis

EU to Create New Crypto Regulator: Report

The European Union is set to create a new regulatory body in charge of monitoring the crypto industry. Key Takeaways The European Union

Read More
Market Analysis

Bitcoin, Ethereum Show Ambiguity After Volatile Start to the Week

Key Takeaways Bitcoin and Ethereum retraced after having a positive start to the week. To define its trend, BTC needs to close outside

Read More