Celsius Network Pays More Than $3M to Lawyers
Cryptocurrency lending platform Celsius Network sent $3.35 million from July 13 to July 31.
SEC’s Chairman: The CFTC Should Regulate the Stablecoins Industry
Gary Gensler said in late 2021 transactions with digital currencies should be regulated by his agency.
USDT Issuer Tether Eliminates Share of Commercial Paper in Stablecoin Collateral
Tether Limited has completely removed commercial paper from the asset’s collateral and has replaced them with US Treasury bills.
BlockTower Attracts $150M for its Web3-Focused Venture Fund
The cryptocurrency company has secretly launched a $150 million venture capital fund for the Web3 industry.
Stepn Denies it Will Fire 100 Employees
A STEPN spokesman has said that allegations of staff cuts are “baseless” and “factually inaccurate.”
China Makes Asian Digital Currency Proposal to Fight Dollar Hegemony
Researchers from the Chinese State Institute have put forward the idea of a pan-Asian digital currency to reduce the dependence of the region’s economies on the US dollar.
Binance Pool Unveils a $500M Fund to Support Crypto Miners
Binance Pool has recently announced that it has created a $500 million fund to provide debt financing to struggling crypto miners.
