In Rare Decision, ICO Founders Will Delay Crypto Paydays – For a Decade

news Facebook CEO Mark Zuckerberg says the company will spend “however long it takes” to get regulators and others on board before launching the Libra cryptocurrency project. Speaking during a quarterly earnings call on Wednesday, the social media giant’s founder sought to assure investors that Facebook would act responsibly with its development of Libra, the…

The Department of Justice filed dozens of victim impact statements from FTX creditors on Monday.The statements are intended to support the DOJ’s sentencing memo for Sam Bankman-Fried.FTX’s creditors say the exchange’s 2022 collapse “robbed [them] of [their] financial security,” exacted an “emotional toll,” and “created a sense of insecurity and mistrust toward the financial system,”

Decentralized finance (DeFi) is experiencing renewed momentum. The activity in new ecosystems, and the high yields, resemble the famous 2021 DeFi Summer. The variety of innovative protocols makes it incredibly hard for investors to keep up, while at the same time, the impressive growth raises concerns about risks accumulating in the DeFi ecosystem.You might have

news Telegram’s new blockchain project will be compatible with ethereum, according to a tech startup building tools for the network. The messaging company is expected to release the code to run a node on the Telegram Open Network (TON) on Sunday, allowing users to trial its project in advance of the project’s expected mainnet launch…

Mar 30, 2020 at 13:12 UTCUpdated Mar 30, 2020 at 13:46 UTCUSD Stablecoins Are Surging, but Zero Interest Rates Complicate Business ModelCoinDesk columnist Hasu is a pseudonymous crypto researcher publishing analysis for Deribit Insights and his personal blog.“There are decades where nothing happens, and there are weeks when decades happen.” Vladimir Lenin - allegedlyThe last…

Aug 20, 2020 at 17:31 UTCUpdated Aug 20, 2020 at 17:40 UTC(Artur Tumasjan/Unsplash)Ready to Wumbo: LND Enables More, Larger Bitcoin Transactions on LightningBitcoin’s Lightning Network has reached a significant milestone. An important capacity limit meant to protect users of the nascent protocol is being tweaked, toppling a barrier to entry for companies looking to adopt…

The U.S. Securities and Exchange Commission (SEC) is apparently asking a New York judge to levy a $2 billion judgment against Ripple Labs, according to social media posts from the crypto company’s CEO and chief legal officer on Monday.The SEC’s motion for judgment and remedies, filed on Friday, remains under seal to outside parties. According

Blockchain protocols are increasingly offering "point" incentives to users, which are score-counts attached to the vague prospect of future airdrops.Points are fueling a speculative frenzy on Ethereum that's already driven billions of dollars into "retasking" juggernaut EigenLayer and its points-granting spin-offs.Some platforms are letting users directly trade points and bet on leverage, even though points

BRUSSELS, Belgium – As the U.S. securities watchdog flexes its muscles against major crypto exchanges Binance and Coinbase, officials in the European Union are showing off a brand-new crypto framework they say offers greater clarity to blockchain innovators.Few if any of the internet giants that dominate Web2 can call the EU their home, but some…