US DOJ Appoints Forensic Risk Alliance to Monitor Binance

The US Department of Justice (DOJ) has selected the consulting firm Forensic Risk Alliance (FRA) to oversee Binance. This development follows Binance’s guilty plea to violating US money-laundering regulations and trade sanctions. Why DOJ Chose FRA Over Sullivan & Cromwell This appointment stems from a plea agreement that Binance entered last November. As part of the deal, Binance…

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Ethena’s New Roadmap Unites

Ethena’s New Roadmap Unites DeFi, CeFi, TradFi

Ethena Labs presented its new roadmap, promising a convergence between DeFi, CeFi, and TradFi. Its synthetic stablecoin, USDe, aims to replicate what Tether’s USDT did in 2014 and MarkerDAO did in 2017. Ethena’s Vision: DeFi, CeFi, TradFi Convergence According to the DeFi protocol, USDe succeeds because its reserves represent more than double the open interest in each combined perpetual…

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Alan Scott Explains Why Vitalik Buterin Endorsed Railgun

In a recent interview with BeInCrypto, Alan Scott, a researcher at Railgun, elaborated on the recent endorsement by Ethereum co-founder Vitalik Buterin. This endorsement highlights the advancements and the unique privacy features that Railgun aims to bring to the decentralized finance (DeFi) sector. DeFi Through Zero Knowledge Proof Tech Railgun leverages zero-knowledge proofs (zk-SNARKs) to…

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VELO Token Skyrockets

Peter Brandt Warns of Imminent Crypto Staking Regulation

A seasoned market analyst, Peter Brandt, has ignited significant discourse within the crypto market with his bold predictions regarding impending regulatory measures against staking.  Brandt’s prognosis paints a rather grim future, anticipating a regulatory “bloodbath” that could reshape the industry. Brandt Anticipates Strict Crypto Staking Regulation Recently, Brandt expressed concerns over the legal ambiguities surrounding cryptocurrency staking….

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