BOND Token Soars After BarnBridge Votes to ‘Comply’ With SEC
Securities regulators have been investigating the decentralized finance (DeFi) protocol since at least July.
Securities regulators have been investigating the decentralized finance (DeFi) protocol since at least July.
The decision, reported by Reuters, boosts the odds that Grayscale Investments will be able to turn its Grayscale Bitcoin Trust (GBTC) into a more investor-friendly ETF.
The LQTY token has almost doubled in price. Factors cited included growth in activity and an A rating from Bluechip.
The Ethereum network’s revenue from fees dropped to its lowest level since April 2020 as speculative activity disappeared and users migrated to layer 2s, IntoTheBlock said.
The prominent Massachusetts senator has argued the Hamas connection shows it’s time to “crack down on crypto-financed crimes.”
BlockFi lost “a little over a billion dollars” due to its involvement with FTX and Alameda Research, Zac Prince said.
Majority Leader Steve Scalise dropping out means digital assets legislation remains on hold. Crypto fan Tom Emmer also won’t have the No. 2 role to seek, another potential blow.
The agency has hours left to seek an appeal of the court order to erase its rejection of Grayscale’s trust-to-ETF conversion application.
The platform’s native token has risen by 10% after the exchange came back online.
Just last year, the company raised nearly $150 million of fresh capital. Now, as crypto winter drags on, it is cutting jobs, citing “evolving market dynamics.”