Author: btcadmin

One of the leading U.S. advocates for decentralized finance (DeFi), Miller Whitehouse-Levine, is departing his job as executive director of the DeFi Education Fund, where he’ll be replaced by the group’s chief legal officer, Amanda Tuminelli. STORY CONTINUES BELOW Whitehouse-Levine, a fixture in U.S. crypto circles, will remain on the organization’s board, according to a…

In late 2021, two DeFi DAOs — Fei Protocol and Rari Capital — embarked on what was supposed to be a transformative merger. The idea was simple: Fei, with its algorithmic stablecoin, would join forces with Rari, a pioneer in permissionless lending pools, to create a DeFi powerhouse governed by a single DAO. Their communities…

Sen. Elizabeth Warren (MA-D) recently sounded the alarm over new proposals on stablecoin legislation, claiming they’d give Elon Musk a “clear runway” to control U.S. money and payments. If that sounds overly-dramatic, it’s because it is. STORY CONTINUES BELOW Here’s what these bills actually do: the GENIUS Act and the STABLE Act aim to create responsible…

Circle Internet Group, Inc., the company behind the $58 billion USDC stablecoin, said on Thursday it plans to bring its recently acquired Hashnote Tokenized Money Market Fund (TMMF) under Bermuda’s regulatory oversight. The fund, which manages nearly $1 billion assets, will be incorporated into Circle’s existing Digital Assets Business Act (DABA) license, the company said…

Wall Street bank JPMorgan (JPM) updated its bitcoin (BTC) miner price targets and estimates following fourth-quarter 2024 results and to account for changes in the bitcoin price and the network hashrate. JPMorgan raised IREN (IREN), its top pick in the sector, to overweight from neutral, and cut its price target to $12 from $15. The…

Imagine a world where every dollar you spend is tracked, approved, or denied in real time by a government agency. You attempt to send money to a friend for a political donation, but the transaction is blocked because the recipient is on a government “watch list.” You buy a book critical of a powerful politician…

A Trump family representative held talks to buy a stake in Binance’s U.S. arm, according to a Wall Street Journal report on Thursday. The stake could have been acquired through Trump-family backed crypto project World Liberty Financial, the report said, citing people familiar with the matter. Story continues Steve Witkoff, a friend of the U.S.…

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2605.49, up 1.5% (+37.28) since 4 p.m. ET on Wednesday. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto for Advisors Newsletter today. See all newsletters Sign me…

Crypto trading volumes dropped sharply in February as concerns that President Donald Trump’s tariffs on Mexico, Canada and other countries would stifle international trade reduced investor demand for adding to risky investments. Combined spot and derivatives trading volume on centralized exchanges fell 21% to $7.2 trillion, the lowest level since October, according to CoinDesk Data’s…

The Solana proposal, called SIMD-0228, which could cause a drastic drop in SOL’s inflation rate, had the support of 37.8% of the network validators at press time. Per Dune Analytics, 746 validators, equating to nearly 58% of the total active validators of 1334 have voted on the proposal. 37.8% voted in favor of the proposal,…