Buenos Aires rolls out blockchain-based ID for 3.6M residents

DeFi tokens like LEND — the price of which has increased by 3900% since 2019 — rallied further this week, some to new all-time highs. 844 Total views 26 Total shares Decentralized finance (DeFi) tokens from Balancer, Ben, Aave and Swissborg have all made huge gains, in the wake of excitement generated by the distribution…

The $150,000 worth of Bitcoin was allegedly being used to launder money gained through fraudulent support loan applications on behalf of dummy businesses. A U.K. woman has been arrested in possession of £115,000 ($150,000) of Bitcoin (BTC), according to a Metropolitan Police report. The cryptocurrency is alleged to be the proceeds of a fraudulent scheme…

236,000 BTC enters trading platforms in a single day amid what one commentator calls "unusual" exchange flows. 659 Total views 34 Total shares Bitcoin (BTC) exchanges have seen huge volumes this month as price declines lead to renewed interest in trading.Data from sources including on-chain analytics firm Glassnode shows exchange inflows hitting their highest since…

The DAO expressed dissatisfaction with the team’s recent move to dissolve its governing body and shut down its token without consulting the community. 79 Total views 1 Total shares A decentralized autonomous organization (DAO) is taking legal action against its founding team after a decision to dissolve its governing body and distribute most of its

Software Freedom Law Center legal director Mishi Choudhary supported tokens that were not quite CBDCs nor cryptocurrencies, but with cash-like privacy features many users may want. 132 Total views 21 Total shares Mishi Choudhary, the legal director of the Software Freedom Law Center, supported the efforts of some United States lawmakers to develop an electronic…

A proposed bill waiting for vote in Congress contains a “dangerous” amendment. 1150 Total views 41 Total shares Legal experts have warned that a section of the Infrastructure Bill, which is due for a vote today, amends a part of the tax code and makes a failure by businesses and individuals to report digital asset…

Experts say that the lack of base yield and fragmented liquidity have made Bitcoin DeFi a challenging environment to navigate.

Facebook’s plan to rebrand its stablecoin project from Libra to Diem has been met with legal threats from a small European start-up of the same name. 114 Total views 3 Total shares Facebook has been hit with threats of legal action over its plan to rebrand the Libra stablecoin project to ‘Diem’ from a finance…