U.S. Sen. Elizabeth Warren has joined the Department of Labor in expressing concerns about Fidelity Investment’s plans to offer bitcoin in its 401(k) retirement plans. Author: Jamie Crawley

Crypto markets added nearly 5% to overall capitalization in the past 24 hours after broader markets jumped on the decision to increase rates in the U.S. Author: Shaurya Malwa

Investors may have been focusing on interest rate hikes and the economic fallout of Russia’s Ukraine invasion, but bitcoin has been subject to other headwinds; cryptos rise post rate hike. Author: Shaurya Malwa, Damanick Dantes, James Rubin

Tron, an Ethereum competitor blockchain, is the latest to launch an algorithmic stablecoin inspired by the success of Terra’s UST. It has lofty goals for USDD, but Tron’s lackluster track record of luring people to use its blockchain raises doubts. Author: Krisztian Sandor

Lido Finance momentarily became the leading DeFi protocol by TVL on Wednesday, leapfrogging Curve. Author: Oliver Knight