The perpetual swap market lost billions of dollars in open interest, but altcoins saw a more negative trend than Bitcoin. …

Learn MorePerpetual Swap Contracts Took a Huge Hit During Monday’s Crash: Here’s the Damage

The Cosmos ecosystem is becoming a hub for Real-World Assets (RWAs) with the recent announcement of Ondo Finance’s new Layer 1 blockchain purpose-built for institutional-grade RWAs, Ondo Chain. Ondo Chain was revealed at the Ondo Summit in New York, which featured a surprise closing speaker, Donald Trump Jr. “The future of RWAs in the US […]

The post Cosmos ecosystem becoming home for RWAs as Ondo Finance reveals new L1 appeared first on CryptoSlate.

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Learn MoreCosmos ecosystem becoming home for RWAs as Ondo Finance reveals new L1

Kanye West, aka Ye, says he rejected a $2 million offer to promote a cryptocurrency scam, which involved posting a fraudulent promotion and later claiming his account was hacked.

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Learn MoreKanye West claims to have rejected $2M offer to promote crypto scam

Deribit’s decision to leave Russia comes amidst mounting international sanctions. …

Learn MoreDerivatives Exchange Deribit Exits Russian Market Amid EU Sanctions

Decentralized credit protocol Maple reported that none of the platform users’ positions were liquidated during the Feb. 2 price crashes, resulting in no bad debt. It also reported that users deposited $10 million to reinforce their margins over the period to avoid liquidation events. Over $10 billion was liquidated in a single day, as Ethereum (ETH) […]

The post Maple reports no increase in bad debt, $10M inflows amid recent market crash appeared first on CryptoSlate.

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Learn MoreMaple reports no increase in bad debt, $10M inflows amid recent market crash

A government think tank has urged the Department of Justice and the US Office of Government Ethics to investigate whether former President Donald Trump violated federal laws prohibiting government officials from soliciting gifts. The complaint, filed by Public Citizen on Feb. 5, centers on Trump’s promotion of the Official Trump Memecoin (TRUMP) launched last month. […]

The post Public Citizen calls for DOJ probe into Trump’s memecoin promotion appeared first on CryptoSlate.

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Learn MorePublic Citizen calls for DOJ probe into Trump’s memecoin promotion

A discussion draft introduced by Hill and Steil imposes a temporary ban on certain stablecoins while assessing market risks. …

Learn MoreCongress Moves to Regulate Stablecoins, Temporarily Bans Some Digital Assets

The US Securities and Exchange Commission (SEC) has delayed on Feb. 7 its decision on whether to approve options trading on Ethereum (ETH) exchange-traded funds (ETFs), extending the review period until Apr. 9.  The decision, outlined in a Feb. 7 filing, impacts proposals related to Bitwise’s ETHW, Grayscale’s ETHE and Ethereum Mini Trust, and BlackRock’s […]

The post SEC seeks more time to deliberate on options for Ethereum ETFs, extends review to April 9 appeared first on CryptoSlate.

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Learn MoreSEC seeks more time to deliberate on options for Ethereum ETFs, extends review to April 9

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

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Learn MoreHere’s what happened in crypto today

Utah cleared its digital assets bill through the state house, and Kentucky and Maryland introduced their own efforts, making it 18 states working on such bills. …

Learn MoreAs One State Gets Closer on a Crypto Reserve, Others Jump Into the Fray