US lawmakers meet with crypto advocates in DC roundtable

In the space of 12 months, DeFi has become a $15 billion industry — spawning governance tokens that are now worth even more than Bitcoin.But the rapid explosion of protocols has brought considerable growing pains… and concerns that the sector is not on a sustainable footing. When interest rates in conventional savings accounts stand at…

Thai Stellar-based blockchain startup Lightnet has raised $31.2 million to boost cross-border payments in Southeast Asian countries.The Bangkok-headquartered firm has completed a Series A funding round led by major financial conglomerates in the region, Singaporean United Overseas Bank (UOB) and South Korea’s Hanwha Investment & Securities, Business Insider Malaysia reports Jan. 10.Stellar blockchain is used…

Scientists can leverage blockchain tools, such as smart contracts and tokens, to improve collaboration in scientific endeavors between different stakeholders. This so-called decentralized science movement, or DeSci for short, combines blockchain and Web3 technologies to improve scientific research.A primary goal of DeSci is wider participation and funding when approaching scientific challenges, as well as democratizing…

The republic still allows the import of crypto mining rigs despite the ban. 1264 Total views 16 Total shares The Republic of Abkhazia is witnessing a surge in crypto mining activities despite crypto-related activities being illegal since 2018. Customs have reported that mining hardware worth over $589,000 has crossed the border over the past six…

Memecoins are a great way to attract people to crypto, but the jury’s out on whether they’ll maintain their current momentum.

Bankman-Fried's legal counsel asserted that this argument lacks relevance and does not absolve the fraud allegations. In the fraud trial of Sam Bankman-Fried, prosecutors have requested the judge to inform the jury that the defendant's assertion that he is an effective altruist should not serve as a legitimate defense. Bankman-Fried faces allegations of misappropriating billions

Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion at the WEF 2022. 262 Total views 2 Total shares Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion Monday at the World Economic Forum in Davos, Switzerland.Garlinghouse, who also occupies a role as a member of the…

On the evening of Jan 25, longtime non-fungible token (NFT) collectors, developers, and believers witnessed a bizarre, but likely validating piece of blockchain history: legendary collector-whale Pranksy was interviewed on the Fox 5 New York evening news during a segment on NBA Topshot, an NFT-backed collectible highlights project. NFTs on the nightly news is the culmination…

Japanese cryptocurrency exchange VC Trade has integrated an anti-money laundering (AML) compliance technology developed by Taiwanese digital currency hardware wallet company CoolBitX.As Japanese finance-focused news outlet Blocktempo reported on Aug. 8, VC Trade — a crypto exchange founded by Japanese financial giant SBI Holdings last June — has adopted CoolBitX’s Sygna, a know-your customer (KYC)…