Matic, xDAI (STAKE) and Loopring (LRC) rally as Ethereum gas fees rise
published: 38 minutes ago
Soaring Etheruem gas costs are driving investors and protocols to take a closer look at layer-2 solutions like Matic, Loopring and xDai.
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Bitcoin Rebounds on Tether, NY AG $18.5M Settlement. New York’s Attorney General Letitia James and iFinex Inc., the parent company of Tether and Bitfinex, have settled the $850 million lawsuit for a penalty of $18.5 million and mandatory reporting on business operations in the future. The end to the Tether saga, which stoked fears of a massive liquidity crisis due to prohibitions on the largest stablecoin, was received positively by the market, experiencing a sharp downturn since yesterday. NY AG had accused Tether of helping sister company Bitfinex cover up $850 million in lost funds with a loan.