SEC’s Gensler: Stablecoins Are Poker Chips

Gensler has doubts over the security and legitimacy of the assets, although he did acknowledge that the cryptocurrency industry has been able to influence broader finance. 

EST
article-image

Gary Gensler, Chairman, SEC; Blockworks exclusive art by Axel Rangel

upcoming event

Austin, Texas

MON - WED, SEPT. 11 - 13, 2023

Permissionless is the brainchild of Blockworks and Bankless. Over 5,500 people attended the inaugural event in 2022, making Permissionless the world’s largest DeFi conference.  What sets Permissionless apart? It’s a crypto native’s paradise, crafted specifically for both builders and investors who […]

recent research

Kwenta: Perpetuals Powered by Synthetix

Research

Kwenta is a decentralized exchange built on Optimism and powered by Synthetix that allows users to trade perpetual futures with up to 25x leverage.

/

article-image

Lenders, traders, venture capitalists, exchanges and even tokens have all been whipsawed by FTX’s rapid unraveling — Enron was no different

article-image

Apple is demanding that Coinbase pay a 30% tax on gas fees used to transfer in-app NFTs

article-image

MEV censorship has been roughly sitting at 70% over the past month

article-image

The crypto payments tech company previously reduced its product’s yield to zero as impact of FTX’s failure spread to partner Genesis

article-image

The decision to hike savings rates will likely make DAI a more attractive asset for risk-averse investors

article-image

The proposed crypto bill would give the Commodity Futures Trading Commission new tools and authorities to regulate digital commodities