Tornado Cash founder sent to prison, DeFi’s EU struggles: Finance Redefined

As Litecoin (LTC) celebrated its eighth birthday on Oct. 13, its founder Charlie Lee had to fend off crypto Twitter’s FUD — fear, uncertainty and doubt — about the altcoin.Lee’s original post was the exuberant announcement that:“Litecoin network has been up and running continuously for the past 8 years with zero downtime. And in that…

Outlier Ventures founder Jamie Burke warns that as projects compromise with products that are not interoperable, it blurs the vision of Web3. 168 Total views 1 Total shares As Web3 remains in its early stages, its ideals and original vision of creating an interoperable financial landscape are under attack, according to Jamie Burke, the founder…

The Zcash Foundation, the firm behind privacy-centric cryptocurrency Zcash (ZEC), has donated $40,000 to a Canadian private messaging developer. The Open Privacy Research Society, a non-profit group working on Cwtch, a decentralized metadata-resistant messenger, has received 1,044 ZEC from Zcash, the organization announced on Dec. 3.As described by Open Privacy, Cwtch is a platform for…

The Financial Action Task Force (FATF) has a plenary meeting scheduled on June 24 to assess the progress of Virtual Asset Service Providers (VASPs) worldwide in enforcing the organization’s “travel rule”.According to Pawel Kuskowski at Forbes, the FATF meeting will be held virtually in two weeks to discuss the organization’s guidelines intended to make VASPs…

Ethereum 2.0 validators can expect to earn from 4.6% to 10.3% as rewards for staking on an annual basis, a senior ConsenSys exec says.32 ETH required to become a validatorCollin Myers, head of global product strategy at blockchain firm ConsenSys, reportedly claimed that in order to become a validator on the Ethereum 2.0, one is…

The U.S. Army has revealed that North Korea has a number of divisions dedicated to cryptocurrency and related cybercrimes. A report unveiled by the U.S. Army reveals that North Korea now has more than 6,000 hackers stationed in countries such as Belarus, China, India, Malaysia, Russia, among others.The operations of four sub divisions are overseen…

The ongoing development of the Bitcoin protocol has long been a point of contention for the ecosystem, as was evident in historical events like the block size debate in 2017. 160 Total views 1 Total shares Bitcoin (BTC) core developers have long been at odds over improvement proposals (BIPs) to address pain-points of the protocol

The thinktank looked at the interplay of performance, security and privacy in possible CBDC designs and made recommendations for optimizing it. 70 Total views 1 Total shares The U.S. thinktank Atlantic Council released a report Wednesday on cybersecurity issues related to central bank digital currencies (CBDC). The authors provide a generalized discussion of CBDC security,…

Bitcoin (BTC) kept blowing through support levels during trading on Sept. 20 ahead of what promised to be a "very interesting" U.S. stock market open.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNo sweat for BTC traders after $42,500 visitData from Cointelegraph Markets Pro and TradingView tracked BTC/USD. It dipped briefly to near $42,500 before returning to hover…