A Wall Street Journal investigation alleges that Tether paid approximately $6.3 million to a consulting firm partly owned by Bo Hines while he served as a senior White House cryptocurrency official. Hines helped advance the GENIUS Act, legislation with major implications for Tether, before leaving government to become the stablecoin issuer’s U.S. chief executive.
Crypto
The EBA classified Circle’s USDC as the EU’s first "significant" e-money token, with new supervisory responsibilities beginning Nov. 12.
Crypto
ETH trades below cited support after heavy long liquidations and hotter US inflation. Key levels, downside risk, and the next Ethereum catalysts. The post Ethereum Price Prediction: ETH Bears Take Over in Latest Liquidation Bloodbath appea…
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Bitcoin fell to just above $80,000 as South Korea’s Kospi plunged 8%, while the CoinDesk 80 fell 2.2% and all but six CoinDesk 100 members declined.
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Users receive wstETH from local liquidity pools, while ETH is bridged to Ethereum for staking and the pools are replenished in the background.