ArkotNews

The firm started its fund as more crypto projects seek non-U.S. jurisdictions.

The high court's "major questions doctrine" could be used to limit the regulator's actions against crypto, said Jason Gottlieb, a partner at Morrison Cohen LLP.

The department's first analysis of illicit finance risks associated with DeFi recommends the U.S. look at enhancements to its existing anti-money laundering regime.

It would ban a future terraUSD, at least temporarily, and create licensing rules for fiat-backed stablecoin issuers.

The staking protocol gave users access to their staking rewards and lowered the barrier of entry to create an Ethereum validator.

The new stablecoin-like token, OMMF, will be backed by conventional money market funds and is available only to qualified purchasers and accredited investors. But retail investors can lend against the tokens via Ondo’s DeFi protocol Flux to indirectly access the yield.

Fresh economic data Thursday morning suggested slowing in both inflation and the employment picture.

Plus, investments in blockchain games and metaverse projects totaled $739 million for the quarter.

Speculative NFT project Nakamigos has recently broken into the NFT spotlight, spawning copycat projects such as Magamigos and Nakamigas that capitalize on the trend. But while meme projects may offer short-term gains, they rarely offer long-term value and ought be scrutinized.

There’s value in crypto, especially layer 1 protocols, even if regulators and politicians don’t dig enough to see it.