Decentralized Finance (DeFi) has emerged as a revolutionary force in the financial industry. When traditional banks narrowly avoided a systemic bank run, and centralized exchanges (CEX) collapsed spectacularly, DeFi kept working, providing trustless financial services to people a
Stablecoins have become an indispensable component of the cryptocurrency ecosystem, denominating 80% of centralized exchange (CEX) trades and playing a crucial role in the rapidly expanding world of decentralized finance (DeFi). Providing a stable store of value and enabling seam
Narratives about crypto regulations and compliance, or lack thereof, are increasingly missing the point. The general purpose of financial regulation is to maximize consumer protection, prevent fraud and abuse, and ensure well-ordered markets. Broadly speaking, the mission is the
This is going to sound presumptuous coming from a guy who doesn’t write code, let alone have any direct experience in machine learning or artificial intelligence research.But I gotta say it: The recent alarmist demand for a six-month pause or even a militarily enforced shut
Humans have always had a strange relationship to their technology. Whether it’s fire or the written word or artificial intelligence (AI), the things we create to empower and extend ourselves often come to seem like strange outside forces, their transformative impact on our
Twitter has partnered with social and investing platform eToro, allowing users to see real-time prices for an expanded range of stocks, cryptocurrency and other assets when using the new $Cashtags...
Twitter version (v)2, the so-called “super app,” is … never going to happen. But by putting a dogecoin avatar on the Twitter website, Elon Musk at least made a feint in the right direction.The idea of a super app is more vapor than reality. Failed attempts have
When Colin Brady saw a Buzz Lightyear figure in a small toy shop in South China, he immediately knew he wanted the same for his creative visions – global dominance. Since then the veteran animator has taken his experience and expertise to AMGI Studios, where he is developin
Thursday’s crypto exploit related to decentralized finance (DeFi) giants Yearn and Aave came with an unusual twist: Some users actually made money instead of losing it.The reason, Aave-Chan initiative founder and former Aave integrations lead Marc Zeller says, is because th
Privacy has always been an important part of the crypto industry. Bitcoin’s earliest adopters often thought of the system as truly private, digital money. It wasn’t until Mt. Gox went bust and Chainalysis was founded to investigate where all those missing coins went t
The chairman of the House of Representatives Financial Services Committee, Rep. Patrick McHenry (R-N.C.), recently outlined two critical priorities for the House Republican majority’s crypto work this year – market structure and stablecoins. While McHenry’s comm
Going by the numbers, it seems like many ether (ETH) stakers have decided to hold onto their coins. Although several analysts predicted the just-completed Ethereum Shanghai hard fork (along with the separate Capella upgrade, together known as “Shapella”) would be a &l
On Tuesday, the United Nations kicked off the second-to-last round of negotiations for a new international treaty on cybercrime. The latest draft includes language that, if adopted, would impose sweeping surveillance requirements on cryptocurrency and threaten financial privacy w
The U.S. Infrastructure and Jobs Act ushered in “broker reporting” rules for centralized crypto exchanges, effectively turning digital assets into securities for purposes of the Section 6045 reporting requirement. Stock trading firms issue tax forms 1099-Bs with sales
"The Untouchables", a film produced in 1987, contains a memorable and emotional scene in which agent Jim Malone, shot by Al Capone's gang, lies dying. In his final moments, while spitting up blood, he shows Elliott Ness a paper with the train schedule for the mob's bookkeeper and
After seizing roughly 50,000 bitcoins from James Zhong in November 2022, the U.S. government has begun selling off these assets, with 9,800 sold most recently.
Ethereum is set for its largest upgrade since the Merge, when the most-used crypto network fully transitioned to proof-of-stake. The Shanghai upgrade, also known as Shapella, will finally enable users to unlock their staked ether (ETH) – some of which has been locked up sin
If you have any traditional finance (TradFi) background, you know about ESG investing. ESG – which stands for environmental, social and governance – refers to a set of standards used by socially conscious investors to screen potential investments. Typically, people wh
Last month, several tech giants signed a letter calling for a six-month pause on training artificial intelligence (AI) models more powerful than GPT-4.This letter is dangerous and should provoke thoughtful citizens. In it, the signatories claim that a pause will allow humanity mo
Decentralized finance (DeFi) is entering regulators’ crosshairs, but they don’t seem to be intent on taking it out – yet anyway. Instead a pair of reports from U.S. and French authorities seem more focused on understanding what sort of risks DeFi might pose to b