What are the Howey test and its implications for cryptocurrency?

    The Howey test’s impact on cryptocurrency, explained — legal implications, compliance requirements and more. What is the Howey test? The Howey test is a legal test used in the United States to determine whether a transaction qualifies as an investment contract and, thus, is considered a security under federal law. The test was established by…

    Post-Merge Ethereum: Grayscale extends review of ETHPoW decision

    Grayscale will take 180 days at max to decide whether, when and in what manner to sell ETHPoW on behalf of the record date shareholders. Cryptocurrency investment firm Grayscale Investments is taking more time to decide whether it should acquire and sell post-Merge forked Ethereum tokens. Grayscale announced on March 16 that the company intends to extend…

    Web3 needs its ‘WordPress moment’ to speed up positive disruption

    Developers have barely scratched the surface when it comes to the potential of blockchain — here’s how to ramp up progress. Blockchain development has come a long way since the introduction of Bitcoin, the leading cryptocurrency and the first successful application of blockchain technology. The introduction of smart contracts by the Ethereum blockchain gave birth to potential…

    Euler hacker seemingly taking their chances, sends funds to crypto mixer

    Before the move, the hacker apparently refunded at least one victim, leading to a slew of on-chain messages from other purported victims. The hacker responsible for the $196 million attack on Euler Finance has begun moving funds into crypto mixer Tornado Cash, only hours after a $1 million bounty was launched to uncover the hacker’s…

    4 strategies for staking Ethereum

    From liquidity pools to liquid staking and “looping,” here are a few approaches you can take to ETH staking — categorized by the Chinese Zodiac. Staked Ether, liquid derivatives — it’s a whirlygig of smart contracts and big-brain blockchain jargon out there. Nonetheless, there are a few paths through the ETH staking wilderness. But remember,…

    Stablecoins and Ether are ‘going to be commodities,’ reaffirms CFTC chair

    In the tug-of-war between the US regulators over control of crypto assets, the CFTC chair has triple-downed his stance — that Ether and stablecoins are commodities. Stablecoins and Ether are commodities and should come under the purview of the United States Commodity Futures Trading Commission (CFTC), its chairman has again asserted at a recent Senate hearing….