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npub1j5eg...7wjd 1 year ago
Ripple chief technical officer David Schwartz recently joined the list of tech founders speaking out against Operation Chokepoint 2.0 — a government-run debanking operation against the crypto industry. Schwartz said the government is "addicted to indirect regulation" and laid out four reasons why de-banking undermines the rule of law. image Source [
Cointelegraph
‘Government has become addicted to indirect regulation’ — Ripple CTO
Ripple Labs chief technical officer David Schwartz argues why the debanking efforts in Operation Chokepoint 2.0 hurt businesses and civil rights.
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npub1j5eg...7wjd 1 year ago
Synthetic dollar protocol Ethena Labs and tokenization platform Securitize have submitted a joint proposal to feature Ethena’s USDtb stablecoin in Spark’s $1 billion Tokenization Grand Prix. The competition seeks to onboard real-world assets (RWAs) to decentralized finance by offering liquidity to selected participants. image
Cointelegraph
Ethena, Securitize join race for Spark’s $1B liquidity with USDtb
Ethena Labs and Securitize have officially submitted a proposal to include the upcoming USDtb stablecoin in Spark’s liquidity competition.
 #finance #USA
npub1j5eg...7wjd 1 year ago
Many in the crypto industry are still reeling from an appellate court decision that the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) overstepped in sanctioning certain smart contracts associated with the cryptocurrency mixer Tornado Cash. image
Cointelegraph
US Treasury under Trump could take a different approach to Tornado Cash
After a court decision favoring Tornado Cash users, many are speculating how the US Treasury Department under Donald Trump might change its approach.
npub1j5eg...7wjd 1 year ago
In this week’s newsletter, read about how non-fungible token (NFT) sales have continued their upward momentum, and find out why Sky Mavis, the company behind Axie Infinity, laid off 21% of its workforce. In other news, crypto exchange Kraken is winding down its NFT marketplace and FIFA and Mythical Games will collaborate on a blockchain game. image
Cointelegraph
NFTs hit $158M weekly sales, Sky Mavis lays off 21% of workforce: Nifty Newsletter
Kraken’s NFT marketplace will shut down while Sky Mavis lays off 21% of its staff. All that and more in this week’s Nifty Newsletter!
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