Crypto firms rally behind Ted Cruz to block DeFi broker rule

The global economy is experiencing massive shockwaves due to the continuing global coronavirus pandemic. Markets are at record levels of volatility, seeing historic swings in both directions on a near-daily basis. In the midst of the crisis, pundits and talking heads on television are switching tunes like a DJ quickly rotating through songs. One day…

American car manufacturing giant General Motors (GM) has filed a blockchain patent for a solution to manage data from autonomous vehicles. The patent application was published by the U.S. Patent and Trademark Office (USPTO) Nov. 29.GM’s application, first filed May 25, 2017, outlines a system for using blockchain to provide “secure” and “robust” data distribution…

A source with knowledge of the investigations reportedly said New York authorities were looking into the collapse of FTX following the firm declaring bankruptcy on Nov. 11. 394 Total views 7 Total shares Prosecutors with the United States attorney’s office in the Manhattan district of New York have reportedly begun investigating the fall of crypto…

The FATF doesn’t seem to like frequent jurisdiction hoppers, notably Binance. A new report by the Financial Action Task Force, or FATF, details a series of red flags that can help identify illicit activity involving cryptocurrencies. Among them are a general set of guidelines involving exchanges in jurisdictions with weaker regulations, where Binance is seemingly…

Brian Armstrong says regulators would be "up in arms" with Monero listed on Coinbase, even as Binance and Kraken offer support for the token. 1858 Total views 21 Total shares Brian Armstrong says Coinbase won’t be listing privacy coins like Monero (XMR) as they’re still untested grounds for regulators in the United States.In a July…

ADDX uses blockchain technology and smart contracts to tokenize and fractionalize private markets, including pre-IPO equity, private equity, and hedge funds and bonds. 174 Total views 34 Total shares ADDX, a blockchain and smart contract-based digital securities platform from Singapore raised $58 million from mainstream financial institutions to fund its goal of reducing minimum private…

With legal troubles seemingly behind the company, Block.one could set its sights on finally making a significant dent in the crypto and blockchain space. 2877 Total views 5 Total shares EOSIO developer Block.one says it is focusing on its crypto business mandate after recently settling a class action lawsuit.In a blog post published on Friday,…