A United States financial regulator is looking to gain feedback from the banking industry about how decentralized finance (DeFi) may affect the bureau’s efforts to stop financial crime. The Financial Crimes Enforcement Network (FinCEN) said it is “looking carefully” at DeFi, while the agency’s acting director, Himamauli Das, said the digital asset ecosystem and virtual currencies are a “key priority […]

Crypto lending platform Genesis has informed its customers that its withdrawal freeze is likely to last “additional weeks” amid efforts to stave off a potential bankruptcy filing. In a Dec. 7 letter to its customers shared by Genesis to Cointelegraph, interim CEO Derar Islim — who took the temporary helm of the company in August — said it will be […]

Cardano’s decentralized exchange has announced a new feature to draw in liquidity.  Called “organic APR,” the feature increases token emissions as more liquidity is put into the pool, according to a Twitter thread from the team. It will be introduced into a single pool on Dec. 8 and may be offered in other pools later. The new feature has elicited […]

Michael Saylor has said that XRP is a security, noting that the cryptocurrency falls under the jurisdiction of the U.S. Securities and Exchange Commission. The self-declared Bitcoin HODLer expressed strong views when speaking on the PBD podcast earlier on Tuesday. “XRP is an unregistered security,” Saylor said when asked about his thoughts on the embattled cryptocurrency. “It’s pretty obvious. There’s […]

The platform aims to reduce data retention to seven days. ConsenSys will also allow for the use of third-party RPCs and self-hosted nodes. ConsenSys, the company behind MetaMask and Remote Procedure Call (RPC) infrastructure Infura, has clarified how it handles data privacy after being criticized for collecting users’ wallet information and IP addresses. In a blog dated December 6, the […]

Bitcoin Cash price is falling as sellers are undercutting the moving average lines. Bitcoin Cash price long-term analysis: bearish BCH hit a low of $108 today. Bearish momentum could reach the low of $100 before the downtrend reverses. BCH had previously rallied to a high of $119, but had encountered resistance at the $120 level. Buyers attempted to keep the […]

TRON price started a fresh increase above $0.052 against the US Dollar, similar bitcoin. TRX price could rise further if it clears the $0.055 resistance. Tron Price Analysis This past month, tron price started a decent increase from the $0.045 zone against the US Dollar. TRX price formed a base above the $0.0450 level and started a fresh increase. It […]

The Chamber of Deputies, the lower house of Paraguay’s bicameral legislature, failed to move forward on a bill aimed at promoting crypto mining through the use of surplus electricity following a veto from President Mario Abdo Benítez. In a Dec. 5 session, members of Paraguay’s legislature discussed the pros and cons of incentivizing crypto miners to operate in the country […]