US prosecutors must rethink DeFi stance — a16z

Bitcoin (BTC) delivered fresh volatility on Jan. 6 as rangebound behavior saw its first shake-up in weeks.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewOpen interest remains highData from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping overnight to hit $42,000 for the first time since December.Although not the upside breakout that many had wanted, the move was…

Gemini, the top global cryptocurrency exchange per CryptoCompare’s latest Exchange Benchmark, hired a former senior executive from United Kingdom-based Starling Bank.Julian Sawyer, a former CEO and co-founder at Starling, will now lead Gemini Europe — the European affiliate of Gemini Trust Company — as the managing director of the U.K. and Europe, the firm announced…

Decentralized Finance (DeFi) is certainly the buzz-phrase in the cryptocurrency world right now. But although we are hearing more and more about the potential of this technological breakthrough to revolutionize the world of traditional finance, many are still unsure of what DeFi actually involves.CoinGecko has just released its very first book, called ‘How to DeFi’.…

The researchers published results from “Project Hamilton,” which was first announced in 2020 to explore the use of existing and new tech to build and test a hypothetical CBDC platform. 13 Total views 25 Total shares Theoretical research into a Central Bank Digital Currency (CBDC) in the U.S. has found that distributed ledger architecture has…

Popular trading platform Robinhood is creating a non-custodial crypto wallet that will be compatible with multiple blockchains.The wallet will be a standalone application with the ability to store nonfungible tokens (NFTs) and connect to NFT marketplaces. A promo video released for the wallet shows a demonstration using Ethereum (ETH) based NFTs. Trade and swap crypto…

Silvergate is losing its CEO Alan Lane and two other top executives as part of an ongoing wind-down of the once crypto-friendly bank. 164 Total views 5 Total shares Silvergate CEO Alan Lane and two other key executives are set to depart from their positions amid a wind-down of the once crypto-friendly bank.Lane and the…

"The same rules that apply to investments in the physical world continue to apply to investments in virtual worlds," said the regulators. 508 Total views 18 Total shares Authorities in the U.S. states of Alabama, Kentucky, New Jersey, Texas and Wisconsin have filed enforcement actions against the Flamingo Casino Club for allegedly perpetrating a scam…

Jay-Z and Jack Dorsey have hinted that their music streaming service, Tidal, could be eying integrations supporting nonfungible tokens (NFTs) and smart contracts. Speaking during a June 28 conference hosted on Twitter Spaces, the duo emphasized the importance of introducing features that empower the artists using the platform, citing smart contracts, NFTs, and analytics tools…

Bitcoin, Uniswap, Polygon and Aave turned green just a day after the highest CPI print in over 40 years. 708 Total views 52 Total shares Crypto investors found cause for celebration on July 14 as the market experienced a positive trading session just one day after the Consumer Price Index (CPI) posted a June print…