Texas court issues judgment against Bancor DAO after it ignored summons
Bancor DAO has failed to answer or otherwise defend itself within the time allowed, said the Texan federal judge.
Bancor DAO has failed to answer or otherwise defend itself within the time allowed, said the Texan federal judge.
The US has already suffered a crypto brain drain. That’s why the Crypto Task Force needs to work with more urgency than it has shown.
DeFi has scored a victory in Congress, but how can lawmakers match real regulatory concerns with user privacy demands?
Authorities in the United Kingdom alleged a National Crime Agency officer stole 50 Bitcoin in 2017 during an investigation.
“There was nothing funny about his use of a Seinfeldian company, Vandelay Industries, to carry out this fraud,” said US Attorney John Durham.
The National Securities Commission approved General Resolution No. 1058, which establishes final guidelines for crypto service providers.
According to Elon Musk, DOGE has already identified over $500 billion in fraudulent spending in entitlement programs.
With the pending conclusion of the criminal case, the SEC could now move forward with civil litigation after a judge signed off on staying the lawsuit in January 2021.
Although the GENIUS stablecoin legislation faced some opposition from Democrat lawmakers, advancing the bill was a bipartisan effort.
The traditional banking system feels threatened by blockchain alternatives as legacy systems underperform in terms of cost and convenience.