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SEC Chair Warned of Crypto Exchanges Working Against Their Clients’ Best Interests

Gary Gensler – Chairman of the US Securities and Exchange Commission – argued there are cryptocurrency exchanges that bypass rules and bet against their own clients. He reminded that most…

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US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco

As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn about the risks of stablecoin runs that threaten…

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Elrond Partners With Anchain to Strengthen Compliance and Fraud Prevention

The developer of internet-scale blockchain infrastructure for Web3 payments –  Elrond Network – announced integrating with blockchain analytics platform Anchain AI to enhance compliance and prevent fraud. Elrond, a proof-of-stake…

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Tron DAO Reserve Purchases $38 Million in TRX to Safeguard the Stablecoin USDD

On May 5, Tron’s algorithmic stablecoin USDD went live and so far, the fiat-pegged token has been listed on a number of decentralized finance (defi) protocols. Two days later, the…

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Anchor Protocol’s Earn Rate Adjusts for the First Time, From 19.4 to 18% APY

Following the governance vote that aimed to implement a semi-dynamic earn rate for the Anchor Protocol, the decentralized finance (defi) platform’s earn rate adjusted downward for the first time this…

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3 Stablecoins Command Positions in the Crypto Economy’s Top 10, Another Fiat-Pegged Token Is Close to Joining

The last five weeks has been brutal for digital currencies as more than 21% has been shaved off the crypto economy’s fiat value since March 27. While all the crypto…

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