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Senate Banking Committee Wants Clarity on Stablecoins: Sends Letters to Tether, Coinbase, Circle

Senator Sherrod Brown appears to be keen on understanding how the process of stablecoin minting and redemption actually work. A comprehensive regulatory regime for stablecoin is the need of the…

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Ethereum Has Burned More Than a Million ETH Over the Last 3 Months

111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto…

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Senate Banking Committee chair seeks information from stablecoin issuers and exchanges, suggesting possible hearing

The senator said he had "significant concerns with the non-standardized terms applicable to redemption of particular stablecoins" in separate letters to eight crypto firms.

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Avalanche Value Surges Reaching an All-Time High, AVAX Joins the Top Ten Crypto Markets

Cryptocurrency markets have started to recuperate from last week’s losses as bitcoin, ethereum, and a slew of digital assets have seen slight gains. However, the cryptocurrency avalanche has seen its…

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Argentines Pay More For 1$ in Bitcoin or DAI Than For One Physical Dollar

Argentina is undergoing a new episode of market jitters after the victory of the opposition forces in the legislative elections. As analysts predict a new devaluation on the horizon, people…

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