US House committee releases new stablecoin bill draft
US House Committee Releases New Stablecoin Bill Draft The US House Financial Services Committee has released a new draft bill that seeks to provide a legal framework for the issuance…
US court rejects Fed’s motion to dismiss Custodia Bank case
Custodia Bank’s legal struggle against the Federal Reserve took a step forward when a Wyoming federal judge rejected the dismissal motions from the Fed and the Federal Reserve Bank of…
Ooki DAO to shut down after ‘precedent setting’ court battle with CFTC
A U.S. District Judge has issued a default judgment ruling that necessitates Decentralized Organization Ooki DAO to cease operations permanently and pay a civil monetary penalty of $643,542. In September…
Binance VP of marketing: Crypto needs to ‘double down’ on community support
Crypto Needs to Double Down on Community Cryptocurrency projects need to focus on building strong communities around them in order to succeed. A strong community of users and supporters can…
Ooki DAO to shut down after ‘precedent setting’ court battle with CFTC
Ooki DAO to Shut Down Ooki DAO, a decentralized autonomous organization (DAO) that was the subject of a precedent-setting court case with the US Commodity Futures Trading Commission (CFTC), is…
DeFi volumes surge 444% after Binance, Coinbase lawsuits: Finance Redefined
Welcome to Finance Redefined – your go-to source for the latest news and insights on the ever-evolving world of decentralized finance (DeFi). Every week, we bring you the most important…
SEC charges against Binance and Coinbase are terrible for DeFi
The U.S. Securities and Exchange Commission’s allegations against Binance and Coinbase have significant consequences for the decentralized finance (DeFi) landscape, and they are anything but favorable. DeFi has emerged as…
US court rejects Fed’s motion to dismiss Custodia Bank case
US Court Rejects Federal Reserve’s Motion to Dismiss Custodia Bank Case A federal court in the US has rejected the Federal Reserve’s motion to dismiss a case against Custodia Bank,…
DeFi volumes surge 444% after Binance, Coinbase lawsuits: Finance Redefined
Introduction The recent surge in DeFi volumes has been a hot topic in the crypto world. Following the lawsuit against Binance and Coinbase, the DeFi space has seen a 444%…
Monero community lashes out against ‘Mordinals’ amid privacy concerns
Nonfungible tokens (NFTs) have finally made their way to the most well-known privacy-oriented blockchain, but not everyone is pleased with this development. Mordinals, which are similar to Bitcoin Ordinals, permit…