fintech

Twitter has launched a tipping feature via BTC’s layer 2 Lightning Network (LN). The network has more than doubled the amount of BTC deployed on it since the start of the year.
Goldman Sachs has participated in a USD 41 million raise by crypto fund manager One River Digital Asset Management. We review the bank’s involvement in crypto to date.
Last week, SEC Chairman Gary Gensler told crypto news outlet The Block that staking via third parties may qualify as a securities contract. The comments may challenge key concepts related to Ethereum’s PoS system.
Officials are also said to be readying a “policy framework” for stablecoins, due to be released in the coming weeks.
Blockchain applications are tested in practice spaces unable to simulate the full range of scenarios under which the tech is expected to perform. As such, events such as Solana’s outage will likely continue to be a feature of blockchains and their applications.
SEC Chairman Gary Gensler testified in the U.S. Senate and affirmed that the regulator has broad ambitions for bringing the crypto space in line with U.S. financial regulations.
Yesterday, a fraudulent press release announced that Walmart had partnered with Litecoin (LTC) to begin accepting payment in the crypto. LTC rose by as much as 39% on the news before paring losses in the aftermath.
Mastercard has announced its acquisition of Menlo Park-based crypto analytics and tracing firm CipherTrace. The deal signals broad ambitions for crypto by Mastercard and that its plans for the space are moving forward.
Solana (SOL), with a current market cap of roughly USD 54 billion, began the year with a capitalization of about USD 85 million. Over the past 30 days, SOL has added USD 44 billion to its market cap.
In a series of tweets Tuesday, Coinbase CEO Brian Armstrong revealed that the SEC has threatened to sue the venue if it launches its interest-bearing “Lend” product.