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US Congress members urge financial authorities to invalidate SEC’s SAB 121

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In a memo, Congress members state that Federal banking agencies should not require financial institutions providing custody services for digital assets to maintain capital against the assets.

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Coin Market

Bitcoin open interest surge past $35B raises 'overheating' concerns

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Bitcoin’s recent surge in open interest beyond $35 billion has analysts worried about potential signs of froth in the market.

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Coin Market

Lamborghini brings cars to Web3 games with Animoca, Motorverse partnership

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Lamborghini has teamed up with Animoca Brands to launch its first interoperable blockchain-based digital vehicles, bringing the cars to Web3 gaming.

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Coin Market

Impersonators use Slack ‘driver’ in attempt to swindle crypto educator

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The impersonators claimed to be members of the ParaFi team, but the victim realized he was being scammed when they tried to convince him to download ‘drivers.’

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