When crypto mining is discussed in the U.S. Congress, it's often tied to claims that mining operations are environmental parasites, sapping finite energy resources. But representatives of that sector flooded offices on Capitol Hill this week to argue their businesses can help stabilize
Sam Bankman-Fried’s lawyers are planning to put forward an expert witness to counter testimony from former Alameda Research CEO Caroline Ellison and other witnesses about the extent of financial ties between FTX and the trading firm.In an Oct. 23 letter to New York
THORSwap, a decentralized exchange (DEX) powered by the multichain THORChain protocol, has entered “maintenance mode” to prevent bad actors from moving illicit funds through the platform.The protocol took the actions on Oct. 6 as an immediate measure to counter the potential movement of illicit
Demand for greenbacks in the global economy is increasingly flowing into permissionless stablecoins, even as domestic policies and foreign efforts like a BRICS-issued currency could erode the U.S. dollar's overall dominance. Source link
Compania de infrastructură Web3 Jump Crypto și platforma de finanțare descentralizată (DeFi) Oasis.app au efectuat o „contra-exploatare” asupra hack-ului protocolului Wormhole, iar cei doi au reușit să recupereze active digitale în valoare de 225 de milioane de dolari și să le transfere într-un
According to Yusko, the FTX credit line proposal had a catch for BlockFi’s existing shareholders: It gave FTX the option to buy BlockFi “at essentially zero price.” If FTX were to exercise said option, it would effectively wipe out all of BlockFi’s existing
Environmental regulators should seek “a comprehensive analysis as it relates to understanding the potential environmental effects of digital asset mining,” according to the letter, which was signed by Sen. Cynthia Lummis (R-Wyo.), one of the authors of new legislation to regulate crypto, and
