Bitcoin’s sudden upward price trajectory in the past 24 hours has caused almost $30 million in BTC short liquidations, data shows.
After several years of being the next-big-thing, next year will be when tokenization of real-world assets really takes off, says Colin Butler, Global Head of Institutional Capital at Polygon Companies.
The staking market was the brightest spot in DeFi this year. The arrival of liquid staking token finance is set to turbocharge activity next year.
Treasury is asking Congress to give it more authority to go after illicit actors in the digital asset industry, a top official said.
Wally Adeyemo, deputy secretary of the Treasury, said issuers outside the U.S. need to be forced to prevent abuse by terrorists.
TerraClassicUSD (USTC), the remnant stablecoin of the failed Terra blockchain, gained 300% in a week as plans of a bitcoin-backed revamp plan and a Binance perpetual contract listing unleashed a speculative frenzy.
The owner of Tomya was among 25 people detained in Turkey as the country prepares new crypto legislation.
The U.S. Treasury Department’s Office of Foreign Asset Control listed two crypto addresses tied to Sinbad, a mixing service, in its latest sanctions list.
Crypto custody firm Copper has announced the launch of a new digital assets brokerage platform for institutional trading.
Despite a reduction in market share and over $1 billion in outflows following the settlement, Binance is not going away, the analysts argued.
