Senators slam bank execs for blaming collapses on crypto, pocketing millions
Senator Lummis noted that Signature Bank’s Scott Shay mentioned digital assets 10 times in his testimony about the bank’s collapse. Senator Lummis noted that Signature Bank’s Scott Shay mentioned digital assets 10 times in his testimony about the bank’s collapse. Cointelegraph.com News
Anchorage Digital opens up DeFi voting for custody clients
Anchorage joins AAVE, Lido and BitDAO in adopting the off-chain voting platform Snapshot. Anchorage joins AAVE, Lido and BitDAO in adopting the off-chain voting platform Snapshot. Cointelegraph.com News
‘Is that legal?’ — Elon Musk chides OpenAI’s for-profit pivot after $50M investment
OpenAI was originally formed as a non-profit entity to ensure it was free to achieve its stated goal, it formed a for-profit company back in 2019. OpenAI was originally formed as a non-profit entity to ensure it was free to achieve its stated goal, it formed a for-profit company back in 2019. Cointelegraph.com News
Distributed ledger tech could save TradFi $100B a year: Lobby group
A new report from the Global Financial Markets Association says regulators need to take distributed ledger technology more seriously. A new report from the Global Financial Markets Association says regulators need to take distributed ledger technology more seriously. Cointelegraph.com News
Celsius adds over 428K stETH to Lido’s lengthening withdrawal queue
The bankrupt crypto lender wants its huge stash of staked Ether back, but it could be in for a wait. The bankrupt crypto lender wants its huge stash of staked Ether back, but it could be in for a wait. Cointelegraph.com News
Crypto retail trading should be regulated as gambling: UK lawmakers
The volatility and purported lack of intrinsic value of most crypto assets make it particularly risky for consumers, the politicians claimed. The volatility and purported lack of intrinsic value of most crypto assets make it particularly risky for consumers, the politicians claimed. Cointelegraph.com News
Lightning Labs launches rebranded ‘Taro’ amid Bitcoin’s BRC-20 bottleneck
Lightning Labs have unveiled a new solution to the clunky process for minting new assets on the Bitcoin network. Lightning Labs have unveiled a new solution to the clunky process for minting new assets on the Bitcoin network. Cointelegraph.com News
Airdrops are great, but be aware of the risks
Airdrops can be a great way to engage communities, but they also come with risks — from Sybil attacks to potential regulatory liability. Airdrops can be a great way to engage communities, but they also come with risks — from Sybil attacks to potential regulatory liability. Cointelegraph.com News
Breaking: Court victory for Ripple as judge denies SEC motion to seal Hinman docs
United States District Judge Analisa Torres made the order on May 16 in a win for Ripple. United States District Judge Analisa Torres made the order on May 16 in a win for Ripple. Cointelegraph.com News
Bancor DAO hit with class-action suit over impermanent loss protection promises
The pioneering DAO allegedly offered “risk-free” products that cost American retail investors tens of millions of dollars in losses. The pioneering DAO allegedly offered “risk-free” products that cost American retail investors tens of millions of dollars in losses. Cointelegraph.com News