US prosecutors must rethink DeFi stance — a16z

February 4, 2025
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

DEXs like Uniswap should not be held liable for user actions they can’t control, the venture capital firm said.

Mainstream finance and cryptocurrency are becoming more closely intertwined with each passing day. Just over a year ago, the idea of centralized financial behemoths trialing blockchain or crypto solutions would have been unthinkable. Currently, cryptocurrency is traded like never before. In just the last few weeks, major players have launched both Bitcoin options and futures platforms,…

Chinese Research Institute Report Finds Blockchain Can Enhance Financial Services

A Chinese scientific research institute and value-added Internet service provider Tencent Holdings have jointly released a July 24 report emphasizing the impact of blockchain on the transformation of traditional financial services. The Academy of Information and Communications Technology, a scientific research institute under China’s Ministry of Industry and Information Technology (MIIT), and China’s Tencent Holdings’…

Former Mt Gox CEO Mark Karpeles Seeks to Put Longstanding Lawsuit to Rest

Mark Karpeles, the former CEO of the now-defunct Bitcoin (BTC) exchange Mt. Gox, is seeking to put an end to litigation filed by a former exchange user back in 2014. In papers filed in a Chicago federal court on Jan. 8, Karpeles contended that he is entitled to summary judgment as the main plaintiff in the…

Security firms seek to make it more difficult for scammers to get away with DeFi project hacks

While projects cannot wholly prevent bad actors from infiltrating the DeFi realm, security specialists say there are ways to deter such practices. 428 Total views 4 Total shares The rise of community-oriented blockchain security companies may be making it more difficult for alleged bad actors to get away without a trace.Early Wednesday, CertiK issued a…

Blockstream and Macquarie Group launch Bitcoin mining pilot program

The BTC mining industry is getting a makeover as miners shift their focus to ESG, or environmental, social and governance, initiatives. 230 Total views 7 Total shares Blockchain infrastructure developer Blockstream has partnered with Macquarie Group, an Australian multinational investment bank, to launch a new pilot for a Bitcoin (BTC) mining facility with a mandate…

Why Is Bitcoin Price Going Up? 4 Indicators Suggest a Potential Bottom

Bitcoin price (BTC) has continued to fend off support in the $7,800 region for what will be the fifth week running at the end of today. With the BTC price currently back up over $8,200, several indicators suggest that a potential reversal may be in the cards. Weekly Crypto Market Performance. Source: Coin360.com1. Bitcoin price support holds…

Binance charges prove ‘following the rules’ was the right decision — Coinbase CEO

Brian Armstrong reflected on the announcement of criminal charges against Binance, stating that Coinbase’s decision to get licenses was correct. 754 Total views 3 Total shares Brian Armstrong, CEO of crypto exchange Coinbase, thinks that his company made the right decision to comply with United States money transmitter licensing laws.In a Nov. 21 social media

Though ‘Intriguing,’ Crypto Won’t Dethrone Dollar, Says IMF Economist

Digital currencies have gained prominence over the last few years, although such options will not budge the U.S. dollar from its seat of prominence, according to chief economist International Monetary Fund (IMF) Gita Gopinath.“Improvements in payment technology may have lowered the cost of switching from cash to digital payments, but there is little evidence they…

Bitcoin miner Iris Energy faces $103M default claim from creditors

The company is facing a cash flow crisis due to tough market conditions. 322 Total views 3 Total shares According to a new filing with the U.S. Securities and Exchange Commission on Monday, Bitcoin (BTC) miner Iris Energy says it has received a default notice from mining rig manufacturer Bitmain Technologies.The notice alleged that Iris…

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