Author name: Peter

Introduction In April 2022, decentralized finance (defi) protocols held a total value locked (TVL) of approximately $163 billion. However, by January 1, 2023, this amount had declined to $38.30 billion. The market capitalization of the leading defi tokens also experienced a significant decrease, dropping from $135 billion in April 2022 to $33.9 billion in January […]

The U.S. Securities and Exchange Commission (SEC) has reportedly informed spot bitcoin ETF applicants that they must finalize their filing amendments by Dec. 29 in order to be considered in the first wave of spot bitcoin ETF decisions. According to reports, the SEC has set this deadline for fully updated and filed applications. Spot Bitcoin

U.S. SEC Chair Gary Gensler Reiterates Warning on Crypto "Non-Compliance" Amidst Surge in BTC Exchange-Traded Funds U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued renewed warnings about the prevalence of non-compliance within the cryptocurrency space. Gensler emphasized the need for greater regulation, stating that the lack of compliance "undermines confidence" in the

The Dominance of Tether and the Rise of Big Banks Arthur Hayes, the former CEO of Bitmex and current CIO of Malestrom, a crypto-focused investment fund, recently shared his thoughts on the future of Tether and other centralized stablecoin companies. According to Hayes, he expects big banks, such as JPMorgan, to eventually take over the