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“# Blockchain startup sues Brian Armstrong for allegedly stealing its work ” ResearchHub, a scientific research site founded and self-funded by Coinbase CEO Brian Armstrong, is allegedly based on work stolen from its not-launched competitor, a new court filing suggests. Blockchain accelerator MouseBelt Labs filed on Friday a complaint with the Superior Court of the…
“#Texan believed to be first US fatality from Omicron variant” A Texas man with underlying conditions is believed to be the first person in the US to die from COVID-19’s Omicron variant, a report said. The development, which was reported by ABC News, came as Omicron has become the predominant strain of the coronavirus infecting…
“# Law Decoded: Making sense of mixed signals, Dec. 13–20 ” The crypto regulation regime in any jurisdiction is an equilibrium among multiple institutional, group and personal interests of actors who have a sway over financial and monetary policies. These interests never perfectly align, frequently resulting in contradictory signals coming out of various power centers….
“# SEC commissioner Elad Roisman will leave by end of January ” Elad Roisman, one of five members of the Securities and Exchange Commission’s board, has announced his intention to resign from the government agency. In a Monday announcement, Roisman said he had sent a letter to President Joe Biden informing him of his decision…
“# Former Acting Comptroller of the Currency joins Voyager Digital’s board ” Crypto trading platform Voyager Digital announced Bitfury CEO and former Acting Comptroller of the Currency Brian Brooks has joined the firm’s board of directors. In a Monday announcement, Voyager chair Philip Eytan said Brooks had joined the board as an “independent, non-executive Director,”…
“# US Treasury official beckons new stablecoin regulations ” The United States Treasury made further hints at new laws for stablecoins on Dec. 17. Nellie Liang, the Under Secretary of the Treasury for Domestic Finance, fueled more stablecoin regulation speculation with comments on investors ‘potentially big risk’ when using stablecoins. Following on from the Financial…
“# Celebrities that rode the crypto wave in 2021 ” Overshadowing its glory in previous years, the crypto ecosystem managed to maintain a year-long spotlight throughout 2021. Key catalysts include mainstream adoption of Bitcoin (BTC), a meme coin frenzy driven by Shiba Inu (SHIB) and Dogecoin (DOGE), and proactive participation from popular celebrities and authority…
“# Collateral damage: DeFi’s ticking time bomb ” As 2021 draws to a close, the premier lineup in the DeFi landscape largely consists of synthetic asset platforms (SAPs). An SAP is any platform that enables users to mint synthetics, which are derivatives whose values are pegged to existing assets in real time. As long as…
“# Bitcoin book for American policymakers gets 5x funding on Kickstarter ” A group of eight Bitcoin (BTC) enthusiasts launched a Kickstarter campaign to publish an educational book for America’s federal policymakers, to reduce their reliance on the traditional media narrative on cryptocurrencies. The campaign managed to attract $23,151 in funding, nearly five times the…
“# Creating a pathway for crypto market growth through better regulation ” As supply-chain woes continue and the U.S. dollar battles to fight back inflation concerns, crypto remains an alluring port in the current financial storm. The recent approval of the first Bitcoin (BTC) futures-linked exchange-traded fund (ETF) to trade on both the NYSE and…