Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’
USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in DeFi.
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Blockchain Co-Inventor Offers His View Into Satoshi Nakamoto’s Background
Blockchain co-inventor, Scott Stornetta, profiles Satoshi Nakamoto for Cointelegraph.In a recent Cointelegraph interview, Stornetta explained why he could not have been Satoshi Nakamoto, or part of Bitcoin’s creation. He also ruled out Craig Wright as a possible candidate. Although he may not know the true identity of Bitcoin (BTC)’s founder, Stornetta shared some possible insights into…

PwC Partners With Decentralized Lending Platform to Provide Expertise in Stablecoin Launch
“Big four” audit giant PricewaterhouseCoopers (PwC) has partnered with decentralized lending platform Cred to provide tech expertise in the launch of their USD-backed stablecoin, the company announced on Monday, October 8.In the announcement, the professional services firm claimed that the new partnership is designed in order to boost the current market of U.S. dollar-pegged cryptocurrencies…

Sports Illustrated launches Polygon-based NFT ticketing platform
SI's new service, called "Box Office," will allow event organizers to issue commemorative nonfungible token tickets, including pre-attendance and post-event audience perks. 190 Total views 1 Total shares Own this piece of history Collect this article as an NFTOn May 2, Sports Illustrated's ticketing subsidiary SI Tickets launched the "Box Office" platform, a self-service event…

Texas court issues judgment against Bancor DAO after it ignored summons
Bancor DAO has failed to answer or otherwise defend itself within the time allowed, said the Texan federal judge. A Texas federal judge has entered a default judgment against Bancor DAO, which operated the decentralized finance platform Bancor, after it failed to respond to an online summons. Judge Robert Pitman issued the judgment after Bancor

Blockchain Investor Grandshores Tech Turns to Industrial Cannabis After Crypto Market Rout
Hong Kong-listed contractor turned blockchain investor Grandshores Technology — backed by the Hangzhou municipal government — plans to enter the medicinal and industrial cannabis market in a bid to counter the adverse impact of crypto winter. The development was revealed in a report from local English-language newspaper the South China Morning Post on May 2.The…

Celsius Network’s crypto mining subsidiary SEC filing suggests plans for IPO
The SEC requires companies in the United States to file an S-1 registration for shares to be listed on a national exchange, like the Nasdaq or New York Stock Exchange. 194 Total views 2 Total shares Celsius Mining, the mining subsidiary of crypto lending platform Celsius Network, has filed paperwork with the United States Securities…

Senators press regulators on Trump’s WLFI stablecoin
US Senator Elizabeth Warren and four colleagues quizzed leadership at the OCC and Fed about the “unprecedented risks” of President Donald Trump overseeing the WLFI stablecoin. 2526 Total views 2 Total shares Five Democratic lawmakers in the US Senate have called on leadership at regulatory agencies to consider the potential conflicts of interest from a

Sen. Warren goes after Ethereum network fees in committee hearing
"High, unpredictable fees can make crypto trading really dangerous for people who aren’t rich," said Senator Warren. 1417 Total views 25 Total shares Democratic Senator Elizabeth Warren, known by many as an outspoken cryptocurrency skeptic in the United States government, criticized outages at exchanges and high transaction fees during periods of price volatility.In a Tuesday…