DEFI

Anthony Pompliano’s ProCap BTC has acquired 3,724 Bitcoin for about $387 million to strengthen its balance sheet. The Bitcoin purchase for its balance sheet followed Monday’s announcement of a proposed $1 billion quest to accumulate more…
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California Senator Adam Schiff and nine other Democratic lawmakers have introduced legislation to prevent what they called “financial exploitation of digital assets” by the US president and other public officials.In a Monday announcement,…
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Despite another week of downside for the cryptocurrency market, the staked Ether supply reached a new all-time high, meaning over 28% of the token’s supply is now locked in exchange for passive income.A growing staked Ether (ETH) supply…
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The government of Norway is considering a temporary ban on crypto mining in the country in an effort to “free up power, network capacity and area for other purposes.”In a Friday notice, the Norwegian government said it would be conducting…
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Crypto exchange Kraken has launched a new Bitcoin staking product through a protocol integration with Babylon Labs.In a Thursday announcement, Kraken said it has partnered with the Bitcoin (BTC) staking protocol Babylon. The integration…
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After the Bank of Japan (BoJ) held its uncollateralized overnight call rate unchanged on Tuesday, the Federal Reserve has followed a similar path. On Wednesday, Fed Chair Jerome Powell announced that the Fed Funds Rate will remain between…
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