Ondo’s USDY yield coin expands to Arbitrum
Tokenized treasury products are gaining widespread adoption on blockchain networks.
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Putting a cap on decentralization: How regulation impacts DeFi adoption
Decentralized finance (DeFi) is shaping up to be one of the most important sectors within the blockchain industry. In just the last two years, DeFi's total value locked (TVL) — the total value of assets locked into various DeFi platforms — has steadily increased from $21 billion at the start of the year to over…
FOIA request reveals emails and voicemails threatening Gary Gensler
Though there was seemingly no evidence connecting them to his crypto policies, Gary Gensler has been subject to violent threats from individuals since at least 2022.
US dollar squeeze and $19K BTC: 5 Things to watch in Bitcoin this week
Bitcoin (BTC) starts another week at near historic highs as the U.S. dollar continues to drop — what’s next?With investors seeking safe havens and Bitcoin already seeing a demand squeeze, Cointelegraph covers the factors that could further shape price action this week. DXY descends to familiar lowsNews from the U.S. that mass vaccination against the…
IRS Not Infringing Privacy Requesting Crypto Exchange Data: US Judge
A California federal court has affirmed the validity of the United States Internal Revenue Service’s (IRS) request for data from crypto exchange Bitstamp in connection with an individual tax reporting case.Per a Nov. 25 filing, the court has found that five of the six arguments presented against the IRS “lack merit,” but has conceded on…
To Justin Sun’s Chagrin, Huobi Listing Spikes Hive’s Price by 600%
The price of Hive (HIVE), a hard-fork of Steem (STEEM), has skyrocketed following its listing on Huobi.The listing comes one month after Huobi and Binance mobilized customer funds to vote against the Steem community in favor of an apparent hostile takeover of the network, led by Tron founder and recent owner of Steemit, Justin Sun.However,…
Bill Hinman, who spearheaded the SEC’s early crypto policies, is leaving the commission
Hinman's commentary on the status of cryptocurrencies and the Howey Test was particularly critical to regulation surrounding ICOs. 2808 Total views 17 Total shares On Wednesday, the Securities and Exchange Commission (SEC) announced the departure of William Hinman by the end of this year. Hinman joined the commission in 2017 and is currently the director of…
Nifty News: Dapper Labs pursuing DAO’s, Bundesliga partners with Sorare, and more.
Dapper Labs targeting DAO's with Brud acquisitionDapper Labs, the $7.5 billion team responsible for NBA Top Shot and Flow Blockchain, acquired virtual influencer start-up Brud this week. In the Monday announcement, CEO Trevor McFedries announced a new initiative titled Dapper Collective which will aim to support communities in building decentralized autonomous organization, or DAO, through…
German Police Seize Six Figures in Crypto From Suspects Involved in Dark Web Site
German police, along with Europol, have shut down servers of a dark web marketplace and seized six figures in crypto from the arrested suspects, Europol announced on May 3.The Wall Street Market, reportedly the world’s second-largest dark web market, has been shut down by the German Federal Criminal Police under the authority of the German…