$520B state-owned Italian bank trials digital bonds on Polygon
The trial was part of an initiative set up by the European Central Bank to identify how blockchains can facilitate central bank money settlement.
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The word ‘decentralized’ has lost all meaning — Enough is enough
Decentralization: It’s a word that holds so much power and promise. But over the years, it’s become painfully clear that this concept isn’t being given the respect it deserves — and the consequences can be downright dangerous.We live in a world where DAOs aren’t DAOs, where independent validators aren’t independent, and where PR departments breezily…

Chainlink to Partners With Hyundai CEO-Founded Firm for Oracle Problem
Chainlink, a major smart contract technology supplier, has tapped a new partnership to streamline one of the biggest issues around smart contracts.According to a March 11 tweet, Chainlink has partnered with Hdac Technology, a blockchain startup founded by Dae Sun Chung, CEO of South Korea’s largest car manufacturer, Hyundai. By bringing their forces together, the…

Indian man arrested on charges of crypto fraud via ‘Morris Coin’ scheme
A 36-year-old man from Kerala was arrested under charges of cryptocurrency fraud. District police have arrested a 36-year-old man from the Malappuram district of the south Indian state of Kerala on charges of operating a cryptocurrency scam.Nishad has been charged under the Prize Chits and Money Circulation Schemes (Banning) Act by the district police chief…

Floki Inu resumes controversial ad blitz in London
The new campaign spanning buses and train stations across the city comes only a few weeks after regulators banned the previous ads from a marketing run Floki Inu conducted in 2021. 461 Total views 3 Total shares Dogecoin rival Floki Inu has begun what it calls an “aggressive” marketing campaign in London, plastering advertisements around…

Law Decoded: Infrastructure woes and benevolent punishments, Sept. 27–Oct. 3
As House Democrats grapple over the infrastructure bill, the Biden administration and Federal Reserve eye stablecoin regulation. 703 Total views 14 Total shares This week, United States lawmakers and regulators have stolen much of the spotlight once more. The cryptocurrency-related provisions of the infrastructure bill, a tiny grain of sand in the grand scheme of…

Grayscale transfers $1B ETH to Coinbase a day ahead of Ether ETF launch
The transfer occurred a day ahead of the launch of the first spot Ether ETFs in the United States, which are expected to start trading on July 23.

Binance reaches $1.7M agreement with Brazilian securities regulator
Brazil’s CVM issued a warning to the crypto exchange in 2020 that it was offering residents derivatives products without authorization.

Biden’s anemic crypto framework isn’t what we need
The long-awaited cryptocurrency regulation framework released by President Joe Biden’s Treasury Department this month attempted to outline a plan for managing the burgeoning crypto industry. Unfortunately, the department’s assessment failed to embody more substance than a mere mission statement.While Biden’s administration appears to be taking a “whole-of-government approach” toward overseeing the decentralized finance (DeFi) sector…