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Chinese Economist Urges Government to Reconsider Crypto Ban — Warns of Missed Tech Opportunities
An economics professor and former adviser to the People’s Bank of China has urged the Chinese government to reconsider its ban on cryptocurrencies. He warned that banning crypto activities could result in missed opportunities that are…
MakerDAO launches $5 million legal defense fund
MakerDAO will set up the Defense Fund with an initial 5 million DAI.
The fund acts as a self-insurance tool and will only cover legal defense expenses of specific MakerDAO participants.
Funds will be secured in a multisig wallet, with the…
Core Scientific seeks to sell $6.6 million in Bitmain coupons
According to the records submitted with the court, on January 25 the defunct Bitcoin (BTC) mining business Core Scientific filed an emergency application in which they asked authorization to sell Bitmain vouchers with a value of $6.6…