The renewal of Gauntlet’s $2.3 million contract with crypto lending platform Compound Finance is facing pushback for “economic underperformance” and “conflicts of …
backlash
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Regulation
South Korean FSC head nominee faces backlash after denouncing crypto
by shayaanby shayaanLee Eok-won, the nominee to head South Korea’s Financial Services Commission, drew heavy criticism this week after dismissing crypto as lacking any …
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A federal judge has paused the Federal Trade Commission’s inquiry into Media Matters, issuing a temporary order that prevents the agency from …
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Scams
AI Version of Parkland Victim Used in Gun Control Interview Sparks Public Backlash
by shayaanby shayaanIn brief Former CNN host Jim Acosta interviewed an AI-generated avatar of Parkland victim Joaquin Oliver as part of a gun reform …
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Ripple’s push into the U.S. banking system has sparked a fresh backlash from traditional finance, and the company’s chief technology officer is …
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The Tony Blair Institute helped form a plan that proposed selling land in Gaza via blockchain tokens, the Financial Times reported Monday, …
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Markets
Anchorage to Phase Out USDC, Agora USD Citing Risks, Stirring Fierce Backlash
by shayaanby shayaanAnchorage Digital, a crypto custodian and federally chartered bank, said it will start phasing out and direct institutional clients to convert USDC …
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Finance
Coinbase Faces Backlash Over ‘Tone-Deaf’ Sponsorship of US Army Parade
by shayaanby shayaanPresident Trump rolled out the U.S. Army in a military spectacle that drew thousands of attendees on Saturday and cost upwards of …
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As Europe rolls out its new MiCA rules, major crypto companies are lining up to get licensed and operate across the EU. …
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In brief Bitcoin held firm above $104,000 despite nearly $1 billion in crypto liquidations and $430 million in ETF outflows triggered by …