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US Federal Reserve discussion paper takes cold, hard look at DeFi, gives it mixed review

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The authors see DeFi growing despite barriers such as crypto’s volatility; risks to users and TradFi institutions are inherent in the technology as well as incidental.

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Coin Market

Bitfinex hacker sentenced to 5 years in prison

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US authorities arrested Ilya Lichtenstein and his wife, Heather Morgan, in 2022 for laundering Bitcoin connected to the Bitfinex exchange.

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Coin Market

Trump mulls tapping crypto-friendly CFTC chair: Report

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Summer Mersinger, a Republican CFTC commissioner who has urged the regulatory to take a more accommodating stance on crypto, is among those under consideration

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China’s lockdown censorship inspired Ethereum ‘based rollup’ Taiko

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Taiko Labs co-founder Daniel Wang first wanted to make an “unstoppable” social network and found his way to an Ethereum “based rollup” in the process.

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