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Industry Execs Confident in DeFi Adoption Despite Security Flaws: Finance Redefined

The top 100 DeFi tokens had a mixed week, with the majority losing bullish momentum from the previous week. Welcome to Finance Redefined,.

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Crypto News

The Outcome of SBF’s Prosecution Could Determine how the IRS Treats your FTX Losses

Will your FTX losses be classified as capital losses or as “theft losses” involving a Ponzi scheme? You’ll probably win either way. After.

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Crypto News

Aztec Network Secures $100 Million in Series B Funding Led by a16z

Aztec Network will use the money to create a new encrypted blockchain and hire more engineers. On December 15th, private layer-2 chain Aztec.

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Crypto News

Dutch Central Bank Says KuCoin is not Licensed and ‘Illegally Offering Services’

De Nederlandsche Bank warns that this could make their clients more susceptible to money laundering and terrorism financing. Investors using KuCoin have been.

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Crypto News

Researchers use Zero-Knowledge to Address Privacy, AML Concerns in Stablecoins

Organizations led by the German fintech etonec developed a system that uses zk-SNARK to provide untraceable transactions within regulatory constraints. Researchers from the.

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Crypto News

Stellar Partners With UNHCR to Give Ukrainian Refugees Cash via USDC

One new initiative aims to assist bankless Ukrainian refugees, while another aims to streamline international Red Cross projects. Humanitarian organizations have increasingly used.

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Crypto News

SBF Reportedly Files New Bail Application in the Bahamas Supreme Court

According to Bahamas media, Sam Bankman-Fried filed a new bail application just two days after a judge denied his previous application and labeled.

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Crypto News

Rep. Tom Emmer Mulls Bringing Back Bill Aimed at Reducing Crypto Red Tape

Tom Emmer is contemplating bringing legislation that would eliminate the need for firms to register as money transmitters if they do not handle.

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Crypto News

FTX Bahamas Co-CEO Ryan Salame Blew the Whistle on FTX and Sam Bankman-Fried

According to court documents, Ryan Salame notified the Bahamas’ securities commission that FTX was transmitting client monies to Alameda Research. According to court.

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Crypto News

Crypto Derivatives Platform Paradigm Cuts Salaries by 15 Percent

The cryptocurrency derivatives trading platform known as Paradigm implemented a 15 percent salary cut across the board. In a tweet, the OTC company.

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