SEC Commissioner Peirce Weighs in Defi Token Regulation Debate: Panel Predicts Defi Will Self Correct in Twelve Months
The U.S. Securities and Exchange Commissioner, Hester Peirce says while defi tokens carry some equity-like benefits, she believes that giving something away is distinct from selling something. As a result of this lack of clarity, Peirce says questions about the...
Hacker from the 2016 Bitfinex Breach Transfers $21M Worth of Bitcoin to Unknown Wallets
On Wednesday morning (ET), around 2,034 BTC ($21.6 million) from the 2016 Bitfinex hack moved into a few unknown wallets. The action was caught by the Btcparser program as five transactions with around 400 BTC each moved for the first time in four years. On August 2,...
Square’s Major Bitcoin Buy: Puts 1% of Total Assets Worth $50 Million in BTC
Square Inc. has put 1% of its total assets in bitcoin worth about $50 million. The company believes that “cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary system.” Square’s...
Total value locked in ‘Wrapped Bitcoin’ hits $1BN
Wrapped Bitcoin saw its value increase by over 900% in the space of two months Last month, for the first time, the total value locked of all Bitcoin tokenized on the ETH network topped the one billion dollar mark. This was followed by the latest milestone achievement...Interesting 13
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