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House Democrats on the Financial Services Committee are considering a new version of proposed stablecoin bill weeks after Republicans on the committee introduced their own discussion draft. Source
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Bitcoin Legal Defense Fund (BLDF) recently delivered on its promise to fund the legal costs of 11 Bitcoin developers that are the target of the self-proclaimed Bitcoin inventor Craig Wright’s lawsuit. According to Alex Morcos, the “mission [of BLDF] is to safeguard innovation by shielding developers from legal intimidation.” The Future
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The former chief technology officer (CTO) and chief information security officer (CISO) from venture capital firm Andreessen Horowitz (a16z) are starting an institution-focused cryptocurrency custody firm, according to a person familiar with the plans. Source
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On a permissionless chain, while the authorities could require banks to freeze accounts, if the person in question withdraws assets to a self-custody wallet, the authorities cannot seize the assets. On a permissioned chain, the authorities could seize those assets. Original Source
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Binance wasn’t interested because of rumors that Huobi has ties to mainland China, which Binance wants nothing to do with, according to the person, who requested anonymity. In an interview last month with CoinDesk TV, Sun said Huobi wants to attain a license in Hong Kong and launch a new
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The Business Source License (BSL) for the Uniswap v3 protocol expired on April 1. Developers can now fork it, protocol documentation shows. The decentralized finance (DeFi) industry has eagerly awaited this expiration as it would allow developers to deploy their decentralized exchanges (DEX) using Uniswap v3 code. Uniswap v3 license replaced with
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As per court filing, Twitter has issued a subpoena and asked GitHub to disclose “name(s), address(es), telephone number(s), email address(es), social media profile data, and IP address(es)” linked to the handle behind the source code theft. As per a legal court filing, some parts of Twitter’s source code have been
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Copper's enterprise division was focused on securing digital asset custody and infrastructure solutions for banks and funds. There will be some job losses on Copper's enterprise business, but it's too early to say how many people will be affected, according to the source. Source
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Decentralized apps have held up well amid the turmoil that is currently afflicting the crypto industry. While Coinbase is among the largest and most influential of the centralized crypto trading platforms, the firm clearly understands the value attached to ecosystems, hence the drive to incubate a decentralized blockchain network. Source
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The recent collapses of crypto banks have only underscored the hesitancy of the Group of 20 (G-20) on crypto assets, a highly placed G-20 source said. Original Source
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