Core DAO contributor Brendan Sedo says it’s a “no-brainer” that most of the $1 trillion dollars of capital in the Bitcoin ecosystem will make its way into sidechains and DeFi. Read More at https://cointelegraph.com/news/bitcoin-defi-tvl-top-ethereum-within-2-years-core-dao-contributor?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Fed hits Texas bank with cease and desist over servicing crypto firms
The US Federal Reserve said it identified “significant deficiencies” in the bank’s dealings with crypto clients and its risk management procedures. Read More at https://cointelegraph.com/news/united-texas-bank-cease-and-desist-order-crypto-firms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Robinhood reaches $3.9M settlement over blocked crypto withdrawals
Robinhood Crypto LLC has agreed to pay $3.9 million to settle claims it failed to let customers withdraw cryptocurrency from their accounts between 2018 and 2022. Read More at https://cointelegraph.com/news/robinhood-multimillion-california-settlement-crypto-withdrawal-block?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump family’s DeFi project wants to ‘ensure US dollar dominance’
The project has teased a partnership and collaboration with DeFi protocol AAVE, possibly indicating World Liberty Financial will be built on the Ethereum blockchain. Read More at https://cointelegraph.com/news/trump-family-defi-project-ensure-us-dollar-dominance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Angel Drainer upgraded, deploying 300+ malicious dApps in 4 days
Notorious crypto phishing app Angel Drainer is back with a new system dubbed “AngelX” and it’s easier to use and stealthier than ever before. Read More at https://cointelegraph.com/news/angel-wallet-drainer-is-back-with-300-malicious-d-apps-and-counting-block-aid?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nvidia denies receiving DOJ antitrust subpoena
Nvidia shares saw a slight after-hours bump as the chipmaker denied a report that it received a Justice Department antitrust probe. Read More at https://cointelegraph.com/news/nvidia-denies-us-doj-subpoena-shares-rise-after-hours?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Converting mining sites to AI data centers isn't seamless: Sabre56 CEO
According to CEO Phil Harvey, Bitcoin miners will average roughly $1.50 in revenue per terahash every month during the current market cycle. Read More at https://cointelegraph.com/news/converting-mining-sites-ai-data-centers-not-seamless-sabre56-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
EigenLayer rolls out 'major update' to restaking contracts
The upgrade aims to enhance rewards for restakers. Read More at https://cointelegraph.com/news/eigenlayer-major-update-restaking-contracts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘The crypto voting bloc is not voters’ — political scientists debate election impact
Recent polling among cryptocurrency holders has candidate Donald Trump firmly ahead of his opponent but researchers are undecided about whether it even matters. Read More at https://cointelegraph.com/news/crypto-voting-bloc-not-voters-political-scientists-debate-election-impact?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
New regulators are set to define European crypto policies
The European Parliament is set to establish a new European Commission, and it will determine the next five years of crypto policy for the European Union. Read More at https://cointelegraph.com/news/new-regulators-define-european-crypto-policies?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound