Bitdeer Sets Up $250M Fund to Acquire Assets From Financially Distressed Bitcoin Miners

According to a representative from the bitcoin mining company backed by the Chinese crypto billionaire Jihan Wu, Bitdeer is crafting a $250 million fund to buy distressed assets from embattled bitcoin miners. Bitdeer’s chief executive officer Matt Kong details that “opportunities” arise in “every cycle.” Bitdeer Wants to Acquire Cheap Machines From Distressed Bitcoin Miners […]

Bitcoin think tank: Reject CBDCs and look to BTC and stablecoins instead

The paper's authors say Central Bank Digital Currencies are problematic for the future of individual and economic freedom but crypto is a viable alternative.

Fed's Powell: DeFi needs appropriate regulation before expanding to retail

Jerome Powell acknowledged that DeFi will start to reach more retail customers, highlighting the need for regulation.

Philly Residents Organize to Block Evictions in University City Townhomes & Preserve Affordable Housing

Low-income Black and Brown housing activists in Philadelphia are fighting to stop the displacement of residents who live in an affordable housing complex in the largely gentrified neighborhood of University City. The complex, known as University City Townhomes, was built to provide affordable housing to low-income residents, many of whom are elderly and disabled, but […]

Pantera CEO bullish on DeFi, Web3 and NFTs as Token2049 gets underway

Pantera CEO Dan Morehead painted an optimistic outlook for the wider cryptocurrency space during a keynote presentation at Token2049 in Singapore.

McLaren Racing Unveils Crypto-Inspired Car Livery Ahead of Singapore GP

The Singapore Grand Prix takes place on Oct. 2.

Bitcoiners Will Not Accept Overregulation

Bitcoin users are an intolerant minority who will quickly mobilize if they think that forthcoming legislation is unfavorable or unfair to Bitcoin.

The CFTC Served Ooki DAO Papers By Posting Them in an Online Discussion Forum

The Commodity Futures Trading Commission (CFTC) used unorthodox methods to serve a lawsuit against the pseudonymous members of a decentralized autonomous organization (DAO), according to court documents filed on Tuesday.

Jared Kushner’s Firm to Pay $3.25M for Deceiving & Cheating Tenants in Baltimore’s “Kushnerville”

A property management company partly owned by Donald Trump’s son-in-law Jared Kushner has agreed to pay a $3.25 million fine to the state of Maryland and to reimburse potentially tens of thousands of tenants in Baltimore. The state of Maryland sued the Kushner-owned company after ProPublica published a 2017 investigation that exposed how the company […]

Fed Chair Powell Sees ‘Real Need’ for More Appropriate Defi Regulation Citing ‘Very Significant Structural Issues’

Federal Reserve Chairman Jerome Powell says decentralized finance (defi) has “very significant structural issues,” emphasizing a “real need” for more appropriate regulation of the defi ecosystem. Fed Chair Jerome Powell on Defi Regulation Federal Reserve Chairman Jerome Powell talked about the regulation of decentralized finance (defi) Tuesday during a panel discussion on digital finance hosted […]