Crypto exchange Binance has been operating in secrecy, preventing government regulators from knowing what they need to know to effectively regulate exchanges like Binance. One can understand why. If they declared a headquarters in any country, they’d essentially be giving that country legal authority to regulate their industry. As a result, Binance’s money-laundering practices are weak. So says the authorities that can’t regulate them.
USDC flips Tether on Ethereum.
What triggered the massive sell-off in cryptocurrencies heading into the weekend? No one knows, but investors are liquidating positions on bitcoin and virtually every altcoin. Meanwhile, Coinbase Global shares shrugged and bitcoin his a 6-month low.
How the top cryptocurrencies performed last year.
The Federal Reserve has issued a report on central bank digital currencies (CBDCs) and is seeking public comment. Preview: The Fed says a CBDC could “fundamentally change” the U.S. financial system. And banks could have a role. Read what several crypto experts are saying about the report.
Robinhood launches crypto wallet for 1,000 users.
Here’s a good read on bitcoin’s mining difficulties.
Did you know you can learn about crypto and get paid for it? Bankless is here to tell you how.
The lifecycle of smart contracts. Coinbase analysts say Ethereum could still lead as dominant smart contract platform. However, the blockchain’s total value locked (TVL) has declined 17 percent from its peak. Meanwhile, check out this interview with Ethereum cofounder Vitalik Buterin as he waxes poetic about immortality.
The SEC has blocked this bitcoin ETF.
Nasdaq asks: Could Coinbase become the app store for NFTs and DeFi?
Cryptojackers are stealing millions with malware.
7 cryptocurrencies to be bullish on.
5 of the fastest-scaling cryptocurrencies.
First published at Cryptocracy. Not financial advice.