Crypto

Under the new legislation, which can be voted on as soon as next week, it would be illegal to issue or create new algorithmic stablecoins similar to the infamous TerraUSD that collapsed earlier this year.

Ethereum’s transition to proof-of-stake put a big hurt on GPU mining as alternative PoW coins simply can’t provide enough returns to accommodate all jilted ETH miners.

The blockchain analysis firm suggested that Ether’s price could lose correlation with the broad crypto market as its staking rewards and eco-friendliness are likely to drive strong institutional adoption. 

If you ever felt an irresistible urge to trade and display NFTs on your TV, LG got your back covered – a South Korean electronics giant is now bringing digital artwork to the television screens.

A leading crypto-focused policy think-tank announced in a blog post that it is exploring legal action against the Treasury Department, arguing that OFAC “exceeds its statutory authority.”

On Thursday, MakerDAO’s co-founder Rune Christensen suggested on Discord that the protocol should rethink its exposure to Circle’s USDC after Tornado Cash crackdown.

According to the press release by OFAC, the mixer has been used to launder more than $7 billion worth of cryptocurrencies since its creation in 2019.

Things are heating up in the magic internet money fandom.

Bridge protocols are a crucial part of the cryptocurrency economy, as they solve the problem of blockchain interoperability. However, their security limitations make them a lucrative target for hackers.