Roman Storm’s legal team claims prosecutors hid crucial evidence regarding FinCEN’s stance on crypto mixers, potentially undermining the case against the Tornado Cash developer. Explore the details.
Tag: United States
Coinbase Faces Lawsuits After Data Breach: User Data Compromised, Security Questioned
Coinbase is embroiled in a series of lawsuits following a data breach where customer support agents were bribed, compromising user data. The lawsuits allege inadequate security measures and a delayed response from the exchange.
Everstake Argues Non-Custodial Staking is Not a Security, Seeks SEC Clarity
Everstake engages with the SEC to advocate for non-custodial staking’s classification as a technical process, not a securities offering, emphasizing user control and network-level rewards. The company seeks regulatory clarity to foster innovation in proof-of-stake networks.
Bitcoin Resilience: Overcoming Coinbase Hack & DeFi Developments
Despite a significant phishing attack on Coinbase, Bitcoin demonstrates strength with substantial exchange outflows and Aave reaches a record TVL. This week in DeFi saw resilience and growth.
Central Banks Explore Smart Contracts for Monetary Policy: BIS Project Pine
Central banks are experimenting with smart contract toolkits, as demonstrated by the BIS Project Pine, to enhance monetary policy implementation in tokenized environments. This exploration aims to provide faster and more flexible responses to financial events, though infrastructure limitations remain a challenge.