Could staked ETH be classified as a security? Galaxy researcher weighs in

Reports suggest that Steve Cohen’s Point72 hedge fund is searching for a “head of crypto” as the firm weighs up its options before entering the crypto market. New York billionaire Steven Cohen’s hedge fund Point72 Asset Management, is reportedly searching for a “head of crypto.” Cohen, the 65-year-old dubbed the “Hedge Fund King”, founded Point72…

We’re suddenly seeing banks lining up to support crypto custody, and KB Kookmin Bank is looking to get in on the action. KB Kookmin Bank, one of the largest banks in South Korea, has partnered with blockchain venture fund, Hashed, and crypto trading platform, Cumberland Korea, to establish “strategic technology cooperation” on the custody of…

Roisman was sworn into the SEC in 2018 and served as acting chair until January 2021, with his term as commissioner originally set to expire in 2023. Elad Roisman, one of five members of the Securities and Exchange Commission’s board, has announced his intention to resign from the government agency.In a Monday announcement, Roisman said…

Cardano CEO Charles Hoskinson announced that New Balance will be using the Cardano blockchain to help authenticate its products.The announcementAccording to a Sept. 28 article by Crypto Briefing, Charles Hoskinson, CEO of blockchain engineering startup IOHK, announced that American footwear brand New Balance will use the Cardano blockchain to allow its customers to verify the…

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.In this week’s newsletter, Ethereum staking services have agreed upon a 22% limit on all validators to ensure fair markets. August proved to be another costly month for

Bukele also envisions an oncoming explosive growth for El Salvador’s two in-house BTC-based initiatives — Bitcoin City and Volcano bonds. 1650 Total views 39 Total shares Last year, El Salvador became the first country to adopt Bitcoin as legal tender under Bukele’s presidency as a countermeasure to the growing inflation in the country. Since legalization,…

The investment comes after a March commitment to spend $90 billion on a chip fabrication facility near Seoul.

An investigation provided in-depth info regarding how sextortion scams remain profitable for cybercriminals. 1947 Total views 43 Total shares A study carried out by SophosLabs in conjunction with cryptocurrency intelligence company, CipherTrace, revealed that sextortion scams are a profitable business. Between September 1, 2019, and January 31, 2020, nearly $500,000 in profits we gained by…

Some of the primary duties assigned to the task force involve making policy recommendations related to blockchain and related technologies. 491 Total views 36 Total shares After nearly a three-year-long discussion about establishing a task force to oversee blockchain and crypto initiatives, the governor of Utah, Spencer Cox, signed a bill to create the Blockchain…