Despite muted anticipation for the new products, an executive of one of the issuers reportedly expects that the first-day issuance of the Hong Kong offerings will exceed the U.S. debut in January.Source
NEW YORK — Samourai Wallet co-founder Keonne Rodriguez pleaded not guilty to two criminal charges tied to creating and marketing the privacy-focused bitcoin wallet application and mixing service in a Manhattan courtroom on Monday.Source
Following DOJ action against Samourai Wallet and a possible Metamask investigation, Wasabi Wallet and Phoenix are closing their U.S. offerings. Is non-custodial crypto under threat?Source
Zhu Haokang is head of digital asset management and family wealth at one of the ETF providers, ChinaAMC.Source
Some 45% of the EIGEN token supply will go towards the EigenLayer community, while investors will be allocated 29.5% of the token supply, and 25.5% will go towards early contributors.Source
The biggest risk factors in the new era of decentralized finance may be economic, not technical, says Jesus Rodriguez, CEO of IntoTheBlock.Source
Also, the CFTC wants to bar Americans from betting on elections – even though it’s already illegal in most U.S. states.Source
Financial nihilism is a common philosophy in Web3 but, ultimately, there’s no way to build long-lasting value without finding real customers for real products and services that solve actual problems, says Lex Sokolin.Source
The Lummis-Gillibrand stablecoin bill subordinates state regulation to federal control, giving Washington too much power as to which entities can issue these important digital assets, say Jack Solowey and Jennifer J. Schulp at the Cato Institute.Source