The crypto community is missing the opportunity to reimagine rather than transpose rulemaking for financial services. More technologists must join the regulatory conversation. Opinion by: Daniel Taylor, head of policy at Zumo Peer inside the average crypto regulatory consultation meeting, and you will quickly notice a distinctive pattern: throngs of TradFi lawyers and ex-financial services personnel responding to documents written by financial services regulators, laying down the law of how crypto asset activities will be carried out in the future. It speaks to the almost parallel worlds we have seen in crypto. On the one hand, there are the integrators, the assimilators and the “mainstream adopters.” On the other hand, the technological cutting edge is almost wholly removed. Read more
Cointelegraph teams up with Nansen, the leading onchain analytics platform, to integrate real-time blockchain data into its content, empowering millions of crypto investors and teams with deeper insights into DeFi, Web3 and market trends. Cointelegraph has entered into a partnership with leading blockchain analytics platform Nansen, establishing Nansen as the go-to onchain data source across Cointelegraph’s global news desk, ensuring that millions of crypto readers have access to actionable, real-time insights directly from the blockchain. Nansen is the leading onchain analytics platform, delivering real-time onchain intelligence to traders, investors and builders. Through AI-powered tools and surfacing actionable insights, Nansen empowers users to navigate crypto markets with confidence — enabling onchain discovery, due diligence and defense. The partnership formalises a push by media outlets to deepen native access to blockchain data as reporting on decentralized finance (DeFi), smart money, memecoins and o...
The move by Nasdaq-listed SRM Entertainment comes amid a regulatory thaw between the US Securities and Exchange Commission and Tron founder Sun. Nasdaq-listed SRM Entertainment is set to launch a Tron corporate treasury of up to $210 million and change its name to Tron Inc., the company announced on Monday. According to the announcement, SRM entered a securities purchase agreement with a private investor for a $100 million equity investment to fund its Tron (TRX) treasury strategy. Tron founder Justin Sun will join the company as an adviser. As part of the deal, SRM Entertainment will issue 100,000 shares of its Series B convertible preferred stock. This stock can be converted into a total of 200 million shares of common stock at a conversion price of $0.50 per share, and 220 million warrants to acquire up to an aggregate of 220 million shares of common stock at an exercise price of $0.50 per share. Read more
Dough Finance shuttered after a $2.5-million hack. Its recycled founders returned with a new project, with Trump’s backing. In July 2024, Dough Finance, a Florida-based DeFi platform promising leveraged “looping” returns, fell prey to a flash-loan exploit that drained $2.5 million from user accounts. The exploit not only wiped out investor funds but also brought operations to a halt. Chase Herro and Zak Folkman founded Dough Finance in 2024 in Florida. The platform attracted investors by offering high-risk DeFi strategies such as looping, a process where traders reuse borrowed crypto. Here’s how looping works: Read more
The demand for an offline digital cash option has been intensifying since Russia invaded Ukraine. Is there a role for blockchain? The Ukraine-Russia War has shaken up the world in many ways. For the Nordic countries, two of which share borders with Russia (Finland and Norway), a military invasion is no longer unthinkable. For Sweden, it may also be prompting second thoughts about its “cashless society.” According to a recent report in The Guardian, Sweden is worried about hybrid warfare attacks from Russia, including cyberwarfare. This can take down critical infrastructure like power grids on which digital payment networks depend. The Swedish government has even advised its citizens to put aside some “cash” — just in case. “Nordics are walking back the cashless society initiative because their centralized implementation of the concept is too fragile. Cash turns out necessary as a backup,” Ethereum co-founder Vitalik Buterin posted on May 25, referencing The Guardian story. Read more
The Cointelegraph Decentralization Guardians (CTDG) initiative is operational with validators on Solana, Chiliz, Polkadot, Coreum, Canton and Mantra. Cointelegraph is evolving from industry commentary to active participation in securing Web3 with the launch of the Cointelegraph Decentralization Guardians (CTDG) initiative, debuting live, institutional-grade validators on major blockchains including Solana, Chiliz, Polkadot, Coreum, Canton and Mantra. The CTDG initiative functions as a multi-faceted program that combines running high-performance validator nodes across leading blockchain ecosystems with public education, data-driven network monitoring and increased visibility for partner protocols. Merging media operations with Web3 success support positions Cointelegraph as a direct contributor to the health and security of the industry it covers. The program’s mainnet validators are live, and its public dashboards are tracking key network statistics and validator performance. These tools are accompanied by ne...