Day: December 19, 2023

RWA Protocol Ondo Finance Expands Tokenized Treasury Offerings to the Solana (SOL) Network and DeFi Apps

“The Solana DeFi ecosystem has demonstrated great resilience and growth potential, thanks to its innovative scaling and low transaction costs,” Nathan Allman, founder and CEO of Ondo Finance, said in a statement. “Integrating Ondo’s offerings with Solana not only aligns with our strategic growth but also paves the way for novel decentralized finance applications leveraging tokenized US Treasuries, benefiting a wide array of developers and users.” Source

42 Different Countries Discussed or Passed Crypto Regulations, Legislation in 2023: PwC

While the report identified several key areas of consideration for promoting cryptocurrency adoption, some issues proved more popular than others. According to the report, only 23 countries, including Japan, the Bahamas and several EU states, engaged in initiatives across all the focus areas. Meanwhile, Ugandan, Indian and Brazilian lawmakers and regulators focused on just one or two of those areas, underscoring their chillier attitudes toward the crypto industry. Source

Update – statement on Court of Appeal judgment on Freedom of Information Act appeal

The Court of Appeal has ruled against the Information Commissioner’s Office (ICO) in a Freedom of Information Act 2000 appeal regarding the ability to aggregate public interest factors for and against disclosure when applying exemptions under the Act. The Department for Business and Trade appealed the Upper Tribunal’s judgment that the public interest exemption cannot be combined when more than one exemption applies to the same information. In response, the ICO argued the Upper Tribunal’s judgment was correct, and the Act is clearly structured to allow sequential consideration of single…

Elastos eyes $700b Bitcoin staking market with Layer 2 network

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Elastos announced the launch of BeL2, a Layer 2 network built on Bitcoin, to introduce sophisticated BTC transactions on its blockchain. The blockchain network looks to introduce a key defi solution on Bitcoin (BTC) as innovations like inscriptions and spot ETF chatter fuel BTC’s narrative. The new L2 network will bring staking to Bitcoin and aim to unlock a potential multi-billion dollar market through its platform.  The arrival of BeL2 means that Bitcoin is now ‘smart’, highlighting the potential for Bitcoin holders to stake their assets directly and earn interest on…

University Presidents Can Learn From History of Hate Speech

The debate over what speech should be permitted on university campuses has reached a fever pitch after calamitous congressional hearings on antisemitism, in which the presidents of Harvard, Penn, and MIT refused to unequivocally state that calling for genocide of Jews would be impermissible at their schools. The ensuing uproar prompted Penn’s president M. Elizabeth Magill to resign. Shocking though they were to many Americans, the presidents’ stiff, lawyerly answers reflected how universities have regulated most speech. They’ve treated campuses as marketplaces of ideas, in which the administration is a…

Coinbase (COIN), Fidelity, Pantera, a16z Cryptocurrency Outlooks

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Santiment Breaks Down “Most Trending” Altcoins Of Past Week

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Here are the various altcoins that Santiment has identified to have been the most trending cryptocurrencies of the past week. Altcoins Like BONK Or SOL Saw Most Traction In Past Week In a new insight post, the on-chain analytics firm Santiment has discussed about some alts that have taken focus during the last week. Based on social media data, Santiment determines tokens to be “trending” if they have been receiving significant attention in the past 24 hours. The below chart shows the top altcoins for each day in the past…