DeFi fragmentation can only be solved at the account level
DeFi fragmentation hinders adoption, but chain abstraction at the account level could fix fragmentation
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Bitzlato kept a low profile, but did not go entirely unnoticed before DOJ action
The Hong Kong crypto exchange with strong ties to Russia was a blip on Chainalysis’ radar last year; its takedown was seen as anticlimactic by many in the crypto community. 355 Total views 9 Total shares Own this piece of history Collect this article as an NFTNoncustodial peer-to-peer crypto exchange Bitzlato was little known to…

Programmer has two password guesses left before losing $266M in Bitcoin
A German-born programmer in San Francisco has now used up eight of 10 password attempts he has to unlock the hard drive containing the private keys to his Bitcoin wallet, which contains 7,002 Bitcoin (BTC). As of press time, those holdings would be worth $268 million — that is, if only they were accessible.As a…

New York Power Plant Sells Bitcoin Hashpower to Institutional Investors
A Bitcoin-mining power plant in upstate New York has sold 106 petahash of its computing power to an undisclosed buyer using a “hashpower contract” settled in Bitcoin (BTC).The contract — brokered by BitOoda Digital — first launched in January with the aim of providing institutional investors to purchase large blocks of Bitcoin hashpower in over-the-counter…

Analyst: Token Sale Boom Suggests Major Bull Run Has Already Started
Recent months have seen a surge of fresh money entering the crypto markets, from oversubscribed token sales to 100%+ price gains for tokens like Cardano (ADA), Chainlink (LINK) and VeChain (VET).But does this herald the beginning of a new bull market, or is it just another bubble waiting to burst? A little bit of both,…

SEC seeks to keep Hinman documents hidden in Ripple case
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WSJ: Facebook Crypto Project Seals $10M Investment Each From Visa, Mastercard, Paypal, Uber
Facebook has allegedly sealed backing from over a dozen firms that include Visa, Mastercard, PayPal and Uber for its soon-to-be-unveiled cryptocurrency project. The news was reported by the Wall Street Journal (WSJ) on June 13.Source ostensibly familiar with the matter told the WSJ that the firms — extending across the finance, e-commerce, venture capital and…

Japan to classify cryptocurrencies as financial products: Report
Japan’s Financial Services Agency will look to change financial laws to bring cryptocurrencies under insider trading rules as early as 2026, Nikkei reports. Japan’s finance regulator is planning to change the country’s laws to classify cryptocurrencies as financial products as early as 2026, according to the local outlet Nikkei. The Financial Services Agency (FSA) plans

South Korean KB Kookmin Bank Adopts Blockchain to Improve Internal Processes
Major South Korean bank KB Kookmin Bank is planning to integrate blockchain technology into its internal processes.As local news outlet Korea JoongAng Daily reported on Oct. 7, KB Kookmin stated that blockchain technology could provide a spectrum of benefits to the financial industry, including the issuance of digital tokens, funding, custodial services and trading.Taking a…