Author: Admin-aX9d7
In brief The final ruling prevents the Treasury from reinstating sanctions on Tornado Cash. The judge rejected the government’s claim that voluntary delisting in March made the case moot. The ruling reinforces the Fifth Circuit’s November decision that smart contracts aren’t sanctionable property. A federal court has permanently barred the U.S. Treasury from reimposing sanctions on crypto mixer Tornado Cash, delivering a definitive victory for crypto privacy advocates.Judge Robert Pitman of the U.S. District Court for the Western District of Texas updated and finalized amendments on Monday, ruling that the Treasury’s actions were “unlawful” and placing an order that compels…
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and…
The prospect of a bitcoin reaching $200,000 by the end of 2025 raises eyebrows. Standard Chartered asserts this trajectory. The scenario is based on various indicators. It combines returns, ETF flows, and whale movements. In short, the institution bets on a rapid surge. This article details the reasons. It highlights the key signals. L’article Standard Chartered: Bitcoin On Track For Unprecedented 2025 Peak est apparu en premier sur Cointribune.
The CEO of Duolingo has said the company plans to adopt an “AI-first” approach to work.This means the language learning app is going to “gradually stop using contractors to do work that AI can handle,” according to CEO Luis von Ahn.The message went out in an email to all staff before being posted to the Duolingo LinkedIn account.Despite this bold claim, von Ahn was clear to say that, “Duolingo will remain a company that cares deeply about its employees” and that “this isn’t about replacing Duos with AI.”The focus is to remove what he calls bottlenecks in order to allow…
USDC stablecoin issuer Circle has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), the company announced on April 29.The approval moves Circle closer to obtaining a full Financial Services Permission (FSP) license, allowing it to operate as a regulated money services provider in the United Arab Emirates, the firm said in an official press release.Jeremy Allaire, Circle’s Co-Founder and CEO, said the approval “advances our strategy to establish deep roots in markets embracing the onchain economy.” He added:“It also underscores Circle’s enduring commitment to global stablecoin oversight—strengthening trust, compliance, and…
Bitcoin staking protocol Solv, which has over $2 billion worth of BTC locked on its platform, announced Tuesday the launch of a Shariah-compliant yield product called SolvBTC.core.The new offering, a liquid staking token for BTC, has been developed in collaboration with the Core ecosystem, which offers a range of DeFi applications, including lending, restaking, liquid staking and decentralized exchanges.Created with guidance from Nawa Finance and accredited by Amanie Advisors for Shariah compliance, SolvBTC.CORE generates yield by securing the Core blockchain network and engaging in on-chain DeFi activities while adhering to Islamic finance principles.Solv Protocol enables BTC holders to lend, stake, earn yields, and…
The founders of the crypto fintech firm Bankera used funds from the project’s 2018 initial coin offering to purchase luxury properties worldwide, according to a report by the Organized Crime and Corruption Reporting Project.The OCCRP reported on April 28, citing leaked company records and bank statements, that nearly half of the funds from Bankera’s 100 million euro ($114 million) ICO were transferred to a bank in the Pacific Island country of Vanuatu that was purchased by the project’s founders, Vytautas Karalevičius, Justas Dobiliauskas and Mantas Mockevičius.Soon after, the Vanuatu bank reportedly began issuing millions of euros in loans to companies…
SIGN, the token linked to its namesake’s multi-chain identity protocol, rose by 60% on Tuesday after being listed on Korean exchange Upbit.The listing follows the token’s release on Binance, where it became the first project to be selected by the Binance Alpha campaign.Trading was initially muted on Binance as it traded between $0.06 and $0.08. The Upbit listing boosted prices to $0.129 before receding to $0.11.Trading volume also increased from $402 million in the 24-hour period prior to Upbit’s listing announcement to $898 million, indicating notable interest among Korean traders.The move follows a wider trend related to Korean exchange listings,…
A new study finds that 42% of U.S. millennials have made purchases using cryptocurrency, with 8% using it whenever possible and 14% on occasion. 93% of Millennials Aware of Crypto With U.S. millennials increasingly aware of or owning cryptocurrencies, a new study found 42% have purchased “something” using crypto. In fact, the Millennial Shopping Habits: […]
Decentralized exchange (DEX) aggregator 1inch has launched on Solana, marking a significant step toward its vision of a “unified multichain” decentralized finance (DeFi) ecosystem.According to a press release shared with Cointelegraph, the integration enables users to trade over 1 million Solana-based tokens directly through the 1inch decentralized application (DApp), benefiting from maximal extractable value-protected swaps, optimized rates and open-source smart contract infrastructure.The move brings 1inch’s Fusion protocol to Solana for the first time. Fusion enables users to define their ideal swap parameters, which are then executed by competing professional market makers, or “resolvers,” using Dutch auction mechanics.Combined with Solana’s ultra-fast…