Why Ethereum Bulls Are Turning to LSD – Decrypt

SearchThe second week of the new year has been a heady week for the coins, with Bitcoin, Ethereum, and Solana racking up serious gains.Zooming in closer, however, the market’s biggest winners are none other than liquid staking tokens, also called “liquid staking derivatives” (LSD).The tokens behind projects like Lido Finance (up 50.3%) and Rocket Pool … Read more

Cryptocurrency Exchange to Sponsor Ukraine's National Soccer Team – Bitcoin News – Bitcoin News

by Lubomir Tassev Ukraine’s national soccer team has secured a sponsorship deal with a player from the industry that wants to engage fans and promote adoption of cryptocurrencies. As part of the agreement, an EU-based coin trading platform will be the team’s crypto partner for the next three years.Whitebit, a European cryptocurrency exchange with Ukrainian … Read more

UK Treasury considers plan for digital pound – bbc.co.uk

The government is considering introducing a "digital pound", the economic secretary to the Treasury has told MPs.The UK was committed to becoming a world crypto hub, Andrew Griffith said.And the government was "a long way down the road… to establish a regime for the wholesale use, for payment purposes, of stablecoins".Stablecoins are designed to have … Read more

Celsius Cryptocurrency Woes – Bad News for Those Whose … – JD Supra

On January 4, 2023, the judge in the Celsius Network bankruptcy case[1] ruled that Celsius users who had deposited cryptocurrency in Celsius’s “Earn Accounts” had transferred ownership of their cryptocurrency to Celsius. These users had deposited their cryptocurrency in the hopes of earning a high rate of interest. Unfortunately, Celsius’s terms and conditions came with … Read more

FTX's alleged run-of-the-mill frauds depended entirely on crypto – Quartz

The arrest of FTX co-founder Sam Bankman-Fried on a variety of fraud charges has been greeted in some quarters as a vindication for the cryptocurrency economy. After all, the allegations focused on generic financial crimes, and the government agencies involved didn’t use the occasion to zero in on hot-button debates about how crypto assets should … Read more