UK FCA Chief Warns Against Judging Crypto Firms by Size for Approval Decisions
The FCA has turned down some of the largest crypto firms in the world in the last 18 months, its CEO Nikhil Rathi told lawmakers at a hearing.
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Stablecoin Issuer Lybra Finance Launches Arbitrum Testnet Amid Quest to Be More DeFi-Friendly
Users can now interact with Lybra’s new companion stablecoin peUSD, which is said to be more compatible with decentralized finance protocols than the protocol’s main stablecoin eUSD.
Bitcoin Miner Bitfarms Expands Operations in Paraguay After Securing 2 Hydropower Contracts
The company will be able to add up to 150 megawatts of energy capacity through the two agreements.
StarkWare’s ‘Starknet Stacks’ Could Add to Growing Field of Blockchain-in-a-Box Offerings
The announcement is part of a growing trend in Ethereum’s layer-2 ecosystem, where developers can create application-specific chains using the blockchain’s native stack.
Mantle’s MNT Token Outpaces Rival Layer 2 Blockchains Over Past 24 Hours
After launching its mainnet on Monday, Mantle’s utility and governance token has jumped roughly 4%, more than the native tokens of Arbitrum and Optimism over the past day.
Crypto VC Firm Polychain Capital Raises $200M for Fourth Fund: Fortune
he crypto-focused firm has also cut three members of its research and development staff.
Deadlines for U.S. Spot Bitcoin ETF Approvals Come Into Sight
The clock for the SEC approval process of spot bitcoin exchange-traded fund (ETF) applications will begin Wednesday after all eight applicants, including BlackRock, were listed in the Federal Register.
Messaging Platform Telegram Has Issued $270M in Bonds to Fund Growth
“I personally bought about a quarter of the new Telegram bonds,” said Pavel Durov, the CEO of the popular but not-yet-profitable platform.