Tornado Cash founder sent to prison, DeFi’s EU struggles: Finance Redefined
The Tornado Cash developer has been detained in the Netherlands since August 2022 after the United States government blacklisted Tornado Cash.
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Trump administration reportedly shutters DOJ’s crypto enforcement team
The US Department of Justice has reportedly disbanded the Biden-era National Cryptocurrency Enforcement Team. The United States Department of Justice (DOJ) is reportedly disbanding the National Cryptocurrency Enforcement Team (NCET). NCET’s disbandment was noted in a four-page memo by United States Deputy General Todd Blanche, according to a Fortune journalist who claims to have seen

Bitcoin Price Hovers Above $8,000 While XRP Jumps 5% on the Day
Thursday, Oct. 17 — Bitcoin (BTC) is hovering just above the $8,000 price mark, while XRP shows impressive gains on the day.Cryptocurrency market daily overview. Source: Coin360For most of the day, the world’s largest cryptocurrency has been trading within a tight range between $8,000 and $8,100. BTC traded from an intraday low of around $8,010 up…

The staking race: Late entrant Ethereum lags behind rivals with Eth2
Despite epic price rises since the start of the year and the fact that it’s the second-biggest cryptocurrency by total market capitalization, Eth2 lags behind competitors in the staking rankings. So, why isn’t Ether (ETH) the number one staking cryptocurrency? A brief history of proof-of-stakeBack in 2012, Peercoin developers Sunny King and Scott Nadal proposed…

British investment managers call for the blockchain-traded funds’ approval
The Investment Association believes the new technology will bring significant cost savings for end investors. 67 Total views 2 Total shares The Investment Association, a trade body representing British investment managers, is speeding up the local government and financial regulators to approve blockchain-traded funds with digital tokens substituting traditional shares. As the Financial Times reported on…
High skilled jobs most exposed to AI, impact is still unknown – report
A deep dive into global employment data and trends indicates that AI could have the biggest impact on high-skill jobs. 174 Total views 2 Total shares An employment outlook paper suggests that highly skilled professions are the most exposed to artificial intelligence while its potential impact on employment is yet to be seen.The Organisation for…

Coinbase Launches Program to Educate Users About Crypto ‘Beyond Bitcoin’
Major United States-based crypto wallet provider and exchange service Coinbase has launched an educational project that lets users earn cryptocurrency as they learn about it. The program, dubbed “Coinbase Earn,” was announced in an official blog post Dec. 19.Coinbase Earn has launched in an invite-only mode, with an initial focus on one digital asset, the…

TRC-20 USDT circulation hits record high 5 years after Tron mainnet launch
Over 60% of USDT's supply is currently issued on the Tron blockchain, according to Tether data. 245 Total views 2 Total shares On May 31, Tether (USDT) tokens issued on the Tron blockchain reached another all-time high of $46 billion, compared to $36.8 billion for Ethereum, accounting for over 60% of USDT’s circulating supply. The…

Canada Funds Blockchain Firms Looking to Trace Steel
Canadian authorities have approved funding of two blockchain firms, Peer Ledger and Mavennet, to create a platform that enables steel traceability, reported Ledger Insights on March 9.The Innovation, Science, and Financial Development Canada (ISED), a government initiative in charge of promoting the research and development of Canadian small and medium-sized enterprises, adopted the measure, granting…