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Coinbase’s New Layer 2 Blockchain, Base, Has Rocky Rollout
3 min read
  • Crypto

Coinbase’s New Layer 2 Blockchain, Base, Has Rocky Rollout

cryptovert February 24, 2023
The debut of Coinbase’s new layer 2 blockchain, Base, proved anything but smooth, as Thursday’s testnet rollout...
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The SEC’s Stablecoin Hammer, Courtesy Terraform Labs and Do Kwon
7 min read
  • Crypto

The SEC’s Stablecoin Hammer, Courtesy Terraform Labs and Do Kwon

cryptovert February 24, 2023
The U.S. Securities and Exchange Commission sued Terraform Labs and Do Kwon last week, alleging the terraUSD...
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Crypto Bank Custodia’s Bid for Fed Supervision Rejected Again
3 min read
  • Crypto

Crypto Bank Custodia’s Bid for Fed Supervision Rejected Again

cryptovert February 24, 2023
The Federal Reserve Board announced Thursday it had again rejected crypto bank Custodia’s bid for Fed supervision,...
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First Mover Asia: Bitcoin Seesaws Above $24.1K Following Mixed FOMC Minutes
1 min read
  • Crypto

First Mover Asia: Bitcoin Seesaws Above $24.1K Following Mixed FOMC Minutes

cryptovert February 23, 2023
ALSO: Shaurya Malwa considers how nefarious market participants are attempting to benefit from the ongoing ChatGPT craze...
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Forsage Founders Indicted for $340M Ponzi Scheme Masquerading as DeFi Platform
  • Crypto

Forsage Founders Indicted for $340M Ponzi Scheme Masquerading as DeFi Platform

cryptovert February 23, 2023
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Frax Finance Votes to Fully Collateralize Its $1 Billion Stablecoin
1 min read
  • Crypto

Frax Finance Votes to Fully Collateralize Its $1 Billion Stablecoin

cryptovert February 23, 2023
The vote is a step for Frax’s native stablecoin frxUSD to retire its algorithmic element.
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NY Attorney General Sues Crypto Exchange CoinEx, Alleges AMP, LBC, LUNA and RLY Tokens Are Securities
1 min read
  • Crypto

NY Attorney General Sues Crypto Exchange CoinEx, Alleges AMP, LBC, LUNA and RLY Tokens Are Securities

cryptovert February 23, 2023
The New York State Attorney General’s office sued crypto exchange CoinEx, arguing it was an unregistered securities...
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Polygonscan Didn’t Update for an Hour, Spurring Unfounded Fear of Blockchain Outage
1 min read
  • Crypto

Polygonscan Didn’t Update for an Hour, Spurring Unfounded Fear of Blockchain Outage

cryptovert February 23, 2023
Polygon co-founder tweeted that PolygonScan, a separate entity, appeared to be malfunctioning.
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Solana-Themed Storefronts Close Shop, Ending Experiment in IRL Blockchain Evangelism
1 min read
  • Crypto

Solana-Themed Storefronts Close Shop, Ending Experiment in IRL Blockchain Evangelism

cryptovert February 22, 2023
Solana Spaces will close its New York City and Miami locations by the end of February.
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First Mover Asia: Deconstructing Crypto’s China Narrative
  • Crypto

First Mover Asia: Deconstructing Crypto’s China Narrative

cryptovert February 22, 2023
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