Maker, now Sky’s, stablecoin freeze process could be decided by decentralized court
A “decentralized governance” body could decide the fate of frozen USDS if the stablecoin goes ahead with a freeze feature, says Sky co-founder Rune Christensen.
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GameFi project Gala files $28M lawsuit against pNetwork
The lawsuit stems from a million-dollar exploit in November 2022 that allegedly took place due to a private key leak. 1127 Total views 11 Total shares Own this piece of history Collect this article as an NFTOn Mar. 20, GameFi project Gala Games announced it had recently filed a lawsuit against pNetwork, the cross-chain interoperability…

Blockchain is still far from maturity, says China’s former IT minister
He doesn't seem to think China is that far ahead of the USA when it comes to blockchain development — at least for now. 1613 Total views 18 Total shares Wu Zhongze, China's former vice-minister for Science and Technology and a well-known digital economics expert, believes that blockchain technology is still quite young.During an interview…

Malaysia: Domestic Finance Watchdog Seeks Public Feedback on ICO Regulatory Framework
The Securities Commission Malaysia (SC) has issued two consultation papers seeking public feedback on the regulatory frameworks for initial coin offerings (ICOs) and property crowdfunding. The request was noted in a press release published on the SC’s website Wednesday, March 6.The Malaysian SC, a statutory body responsible for the regulating and systematic developing of the…

VCs back Balancer with $24.25M investment
Investors are backing the Balancer protocol with greater conviction. Could this be a sign that market hype surrounding DeFi is ramping up again? 427 Total views 3 Total shares The capital raise was led by Blockchain Capital, Fintech Collective, LongHash Ventures, Fenbushi Capital, Continue Capital and Kain Warwick, the founder of DeFi protocol Synthetix. The…

Trump’s USD1 stablecoin deepens concerns over conflicts of interest
World Liberty Financial (WLFI), the Trump family’s crypto project, is planning to release a stablecoin, raising concern over the US president’s exposure to the digital asset industry. The project released a memecoin immediately prior to President Donald Trump’s inauguration, the price of which skyrocketed and crashed soon after, causing many to accuse WLFI of a

Bitcoin Price Falls to $9.6K Amid Bloody Sunday for XRP, ETH, Altcoins
Bitcoin (BTC) price has fallen further dropping about $300 in less than one hour on Sunday, Feb. 16, though paring some losses since with a bounce from $9,600 to $9,790 at press time.Crypto market 1-day price chart. Source: Coin360Bad weekend for Bitcoin price bullsMost other cryptocurrencies fared much worse, however, as evidenced by Bitcoin’s market…

ZK-proofs are too complicated for decentralized ID — KILT CEO
The governments of Australia, Palau, Argentina, and Estonia are experimenting with different forms of decentralized identity solutions.

Tezos Is the Standout in New 2020 ‘Alt Season’ Gaining 54% in 7 Days
The in-house cryptocurrency of Blockchain project Tezos (XTZ) is testing all-time highs as a wave of enthusiasm, which began in January continues.Data from Coin360 and Cointelegraph Markets shows Tezos’ XTZ token hit $3.24 on Feb. 12, a 25% increase in the past twenty-four hours alone and over 54% in the past week alone. Cryptocurrency market performance,…