How to bake your own DAO at home With just 5 ingredients!
August 9, 2022
Fed to issue long-awaited guidelines for granting master accounts to crypto banks
Cryptos continued journey into the mainstream has come with various levels of regulatory action across the globe. This week brought clarity in terms of expectations for crypto-focused banks seeking accounts with the United States Federal Reserve. A framework released by the Federal Reserve Board details expectations for such applicant banks, including the level of due diligence to be provided based on each applicants risk level. Giving crypto-focused banks access to the Feds so-called master accounts has been a slow process, but it suggests that regulators are gradually integrating digital assets into mainstream finance.
BlockFi tops the Inc. 5000 list with almost 250,000% revenue growth in three years
Centralized finance player BlockFi topped Inc. magazines 2022 list of U.S. companies showing the highest revenue growth over the past three years. Although the list showcases 5,000 companies posting revenue growth, making it into consideration for the list requires paying a small fee and submitting an application. Be that as it may, BlockFi has tallied a 245,616% increase in revenue substantially higher than the company holding second place on the list.
Ethereum Foundation clarifies that the upcoming Merge upgrade will not reduce gas fees
UK hits double-digit inflation for the first time in 40 years
BitGo to sue Galaxy Digital for $100M over dropped acquisition
FTX US among 5 companies to receive cease and desist letters from FDIC
Bitcoin price dives pre-FOMC amid warning $17.6K low was not the bottom
Network and token freeze after Acala exploit raises questions
Study: Insider trading occurs in 10% to 25% of cryptocurrency listings
2017 ICOs arent over yet: SEC files suit against Dragonchain and its founder
Court filings reveal Celsius will run out of money by October
Optimism fading? Regulatory discussion on stablecoins postponed until fall
Another depeg: Acala trace report reveals 3B aUSD erroneously minted
Continue Reading on Coin Telegraph
