Crypto News

Key TakeawaysAbstract, an Ethereum Layer 2 network, will shut down in December.Developers blamed a lack of growth and said they’d spent tens of millions of dollars trying to support the chain.Blast, another Layer 2 network, will shut down…
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The tokenized stock market reached $3.16 billion, yet most activity happens through perpetuals rather than traditional DeFi lending markets. Tokenized stocks had a big…
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Could this become another significant liquidity event for financial markets and especially crypto? US President Donald Trump doubled down on his promise to distribute a…
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Better Markets says the US derivatives regulator’s push to develop rules for certain retail crypto transactions could leave investors with weaker safeguards, arguing the agency is ill-equipped to oversee the market. The Commodity Futures…
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S&P Global Ratings has launched a risk assessment framework for digital asset lending vaults as the onchain investment products gain traction.According to Monday’s announcement, the framework evaluates vaults across six areas: portfolio…
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US spot Bitcoin exchange-traded funds (ETFs) shed $89.9 million on Monday, reversing two days of inflows as Bitcoin slipped below $86,000.Bitcoin ETFs attracted around $293 million over the previous two October trading sessions before…
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The Japanese government has added Russian cryptocurrency exchange Garantex to its expanded list of sanctions against Russia, citing the continuing war in Ukraine.Officials added 33 organizations and nine individuals linked to Russia to its…
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French Crypto Executive Trio Proposes Crypto-to-Stablecoin Exchange Tax A proposal to develop a new crypto taxation regime has surged in France, prompting criticism from the native crypto crowd. Jean Meyer, CEO of Deblock, Damien Patureaux,…
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Russia’s Ministry of Finance said on Friday that some of its employees had received their wages in digital rubles for the first time.Being paid in the central bank’s digital currency is available for citizens of Russia on a voluntary basis,…
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