There are more than $100 million worth of Bitcoin on the Lightning Network for the first time since its launch in 2018. The second layer scaling solution currently has 2,370 Bitcoins worth about $114 million.
Twitter Reportedly Working on Bitcoin Feature
Twitter is reportedly laying the groundwork for creators to enable the ability to send tips with Bitcoin (BTC).
SEC President Gensler Reiterates Risk Thoughts About DeFi
In an interview with the Financial Times on Wednesday, SEC President Gary Gensler reiterated his request for cryptocurrency trading platforms to register with the SEC and claimed they could cause legal problems by serving outside the framework of the United States.
Email Emerges Stating There Are No Rules for Investing in Bitcoin, ETH or XRP in SEC
The United States Securities and Exchange Commission (SEC), which claims jurisdiction over XRP, has no rules against holding or trading crypto, according to an email sent by the SEC.
Standard Chartered Is Now Part of the Global Digital Finance Alliance
Standard Chartered is reportedly the first bank to join the Global Digital Finance (GDF) Boss Board. StanChart, along with other members, will work together to accelerate the adoption of best practices in a digital asset environment.
SEC Makes Deal to Review Smart Contracts
In order to analyze smart contracts with decentralized finance (DeFi) developments, the SEC has reached an agreement with blockchain analytics company AnChain.AI.
Ethereum NFT Bridge Coming to Phantom
A new contract, ERC-721, will help bridge the gap between Ethereum and Phantom, allowing users to seamlessly transfer NFT from one blockchain to another.
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