DeFi revives the spirit of capitalism
Decentralized finance is giving capitalism a makeover. There’s finally a version where everyone gets a fair shot, and everything’s out in the open.
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Crypto platform FalconX raises $50M on the back of institutional adoption
Tiger Global and B Capital are the primary investors in the latest round. They join Coinbase Ventures, Accel, FMR LLC and others in backing FalconX. 948 Total views 8 Total shares FalconX, a cryptocurrency exchange focused on institutional investors, has raised $50 million from Tiger Global and B Capital Group — highlighting once again that…
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Will the Harris-Walz presidential campaign prioritize crypto policy?
With the US election in November and polls showing Harris in a dead heat with Donald Trump in battleground states, Democratic voices in the crypto industry are speaking up.
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Law Decoded: Public companies, private markets, crypto offerings and you, Aug. 28–Sept. 4
Editor’s noteIt is a cruel twist of fate that during the first hiatus week in Law Decoded’s existence, the SEC put out long-awaited updates to accredited investor qualifications. Upon reading the news, your faithful and ever-vigilant policy editor put down his phone, cast a wistful eye upon the sun’s reflection dancing in the midground of…
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Judge Denies AT&T Request for Dismissal in $224M SIM Swap Crypto Case
The federal judge overseeing Terpin v. AT&T — a legal battle pertaining to stolen crypto via SIM-swapping that has been going on for almost a year — has denied the telecom giant’s motion for dismissal.As previously reported by Cointelegraph, investor Michael Terpin had sued AT&T for $224 million. Terpin reportedly lost $24 million as a…
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Linux on Bitcoin? Open-source framework BitVMX envisions BTC-powered programs
A new Bitcoin computational framework aims to power various applications and functions using native BTC, including token bridges and aggregator oracles.
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Bank of France Is Closely Watching Stablecoin Developments, Says Governor
The Bank of France has taken an interest in stablecoins, as indicated by the bank’s governor Francois Villeroy de Galhau in a Bloomberg report on May 14 .Villeroy has said that the bank is “observing with great interest” growing networks that allow members to exchange stablecoins for tokenized securities, goods, and services. He makes a…
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Crypto Exchange Binance Launches Dedicated Staking Platform
Major cryptocurrency exchange Binance has launched a dedicated staking platform, according to a company announcement published on Sept. 26.The new service will enable Binance users to deposit their token holdings and earn staking rewards, but without having to set up their own nodes to fulfill minimum staking amounts and/or time lengths.Staking vs. mining cryptocurrenciesIn blockchains…
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Polish Bank Verifies Documents With Ethereum Blockchain
Alior Bank, a bank based in Warsaw, Poland, is using the public Ethereum blockchain to authenticate its clients’ documents, according to a report by Forbes on June 17.According to the report, when a client at Alior receives a document, they can now verify its authenticity by following a website link to its spot on the…