US DOJ strike force ‘restrains’ $701M in crypto in ongoing scam crackdown
Besides freezing crypto, the strike force also seized a Telegram channel used to recruit unsuspecting job seekers and took down 503 fake crypto investment websites. Go to Source
‘We Are DeFi, so MiCA Does Not Apply to Us.’ Sorry, but EBA and ESMA Have a Different Point of View
Do you think that DeFi projects are exempt from European regulation? Think again. Regulators look past technical architecture to assess who actually wields operational control. Discover why the “fully decentralised” exemption is exceptionally narrow and how this substance-over-form test dictates your MiCA obligations. MiCA Decoded is a 12-article weekly series for Bitcoin.com News, co-authored by … Read more
Morgan Stanley launches stablecoin offering through money market fund
Stablecoin issuers must invest a minimum of $10 million into Morgan Stanley’s money market fund, MSNXX, to access the stablecoin reserve offering. Go to Source
US vows to fight ‘industrial scale’ AI theft by Chinese firms
The White House’s office of technology policy said that foreign entities are using proxy accounts and jailbreaking techniques to distill capabilities from American AI models. Go to Source
Jane Street asks US court to toss Terraform’s insider trading suit
Jane Street has filed to dismiss Terraform’s insider trading suit, arguing the reasons for Terra’s collapse have already been litigated. Go to Source
New York Sues Coinbase and Gemini Over ‘Prediction Markets’
Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. New York Sues Coinbase and Gemini New York has escalated its enforcement posture against … Read more
Crypto protocols pledge 43K ETH to restore rsETH backing
Mantle, EtherFi Foundation, Golem Foundation, Lido DAO, Ethena, LayerZero, Ink Foundation and Tyrdo have all made pledges to the “DeFi United” recovery effort. Go to Source
Sonic Builds Quantum-Ready Blockchain With Simpler Architecture
Sonic is redesigning its blockchain architecture to ease the transition to quantum-resistant cryptography. The approach avoids complex signature aggregation used by most proof-of- stake networks. Key Takeaways Sonic redesigns proof-of- stake to avoid Boneh–Lynn–Shacham aggregation, easing quantum upgrades. Shor’s algorithm risk pushes shift from Elliptic Curve Digital Signature Algorithm to hash-based schemes. Sonic Consensus System … Read more
Largest Bank in Brazil Moves to Invest in Bitcoin Mining
Itau Unibanco, through its VC arm Itau Ventures, has made an undisclosed investment in Minter, a company that installs mobile data centers and bitcoin mining operations across Brazil. Minter’s approach allows it to take advantage of surplus energy that would otherwise be wasted. Key Takeaways: Itau Ventures invested up to $10M in Minter for mobile … Read more