Bitcoin24h $66,704.70-3.43%

Ethereum24h $1,950.15-3.17%

XRP24h $1.36-4.58%

BNB24h $598.90-5.07%

Solana24h $80.76-4.78%

TRON24h $0.2744-0.99%

Dogecoin24h $0.0904-3.44%

Bitcoin Cash24h $517.56-0.93%

Cardano24h $0.2554-2.81%

UNUS SED LEO24h $8.26-3.88%

Compound Finance upgrade bug freezes $830M in crypto

An upgrade has introduced a bug to Compound Finance, leaving the platform’s ~$830 million cETH market unusable.

FedNow is coming next year and the feds hope it’s a crypto killer

When the Federal Reserve launches FedNow in July, it will supplant most blockchains with cheap, reliable, instant, irreversible settlements.

Congressman Raja Krishnamoorthi wants Coinbase, KuCoin, FTX, Kraken, and Binance.US, to prove they’re doing all they can to protect traders.

The European Central Bank and the Bank for International Settlements both say stablecoins pose a potential threat to financial stability.

It’s claimed that legal firm Roche Freedman used class-action lawsuits to access valuable inside information from Ava Labs’ competitors.