Law Decoded: Three regulatory trends of 2021, Dec. 20–27
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Multichain stops operations over lack of funds
The Multichain team said that the team’s funds and access to servers are currently with their CEO Zhaojun who is under Chinese police custody. 1760 Total views 17 Total shares Cross-chain router protocol Multichain has announced that it is "forced to cease operations" because of the lack of operational funds. The announcement follows a report…

Deutsche Telekom invests in mobile DeFi platform Celo
Deutsche Telekom has become the first telecom firm to join the Celo Alliance for Prosperity. 3209 Total views 18 Total shares Deutsche Telekom, one of the largest telecom providers in Europe, has invested in blockchain payments platform Celo to support the development of decentralized finance.The telecom giant has made a “significant purchase” of Celo’s native…

Boris Johnson’s brother steps down as Binance adviser amid concerns over the exchange: Report
Lord Johnson of Marylebone reportedly took up a role on the U.K. advisory board of one of Binance's subsidiaries in September. 438 Total views 1 Total shares Own this piece of crypto history Collect this article as NFTJo Johnson, the brother of former United Kingdom prime minister Boris Johnson, has reportedly stepped down from his…

Malta Chamber of Commerce business unit responds to allegations of lax crypto oversight
“Portraying this sector as one which is not subject to adequate supervision is not a reflection of reality and does not do justice to the work and efforts of the MFSA and VFA Agents,” said the VFA Agents Business Unit. 729 Total views 7 Total shares A business unit within Malta’s Chamber of Commerce has…

Ragnarok Landverse: Genesis to debut on Ronin in early 2025
Gamers of a certain age will feel the nostalgic pull of the Web3 incarnation of a 2000s MMORPG fan favorite.

UK Treasury seeks input on taxing DeFi staking and lending: Finance Redefined
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.The taxation arm of His Majesty’s Treasury in the United Kingdom has proposed new regulatory changes to simplify how DeFi returns are taxed and reduce the “administrative burden”…

US lags behind Russia and China for crypto adoption: Chainalysis
Ukraine beats Russia, China, and more in adoption metrics according to new research from Chainalysis. Recent data published by Chainalysis revealed a surprising first place for Ukraine in the Global Crypto Adoption Index 2020, followed by Russia and Venezuela.The Index looks at three on-chain metrics: the total value of on-chain crypto transactions weighted by purchasing…

Here’s how Bitcoin’s intraday volatility complicates leverage trading
The crypto sector is in a bull market, and frequent evidence comes from anonymous traders who post their five-, six- and seven-figure investment returns as screenshots on Crypto Twitter.This condition creates a FOMO-like situation where everyone gets greedy. The temptation to boost potential earnings by twenty times or more is often irresistible for most novice…