Assistant Treasury Secretary Elizabeth Rosenberg said the Treasury was enhancing its regulatory regime and that DeFi should program in some compliance. The United States Treasury did a risk assessment of decentralized finance (DeFi) and found the sector lacking in several ways, Assistant Treasury Secretary for Terrorist Financing and Financial Crime Elizabeth Rosenberg reminded an audience…

The Solana Foundation has launched a real-time carbon emissions tracker to monitor the Solana blockchain. The Solana Foundation, in collaboration with data platform Trycarbonara, announced the launch of a real-time tracking dashboard to measure carbon emissions on the Solana blockchain. 1/ Today, the Solana Foundation is leading the charge in the climate fight by making…

Some pundits shared harsh sentiment toward a new euro-pegged stablecoin, but it’s not publicly accessible for the time being. Criticism has been leveled at a new euro-pegged stablecoin released in France due to a decision to restrict peer-to-peer transactions. French bank Societe Generale-Forge (SGF) released the Ethereum-based stablecoin called EUR CoinVertible (EURCV) on April 20, which is…

The company ceased its Ether mining operations long before the Merge Upgrade was completed. On April 20, specialized cloud provider CoreWeave announced that it had secured $221 million in a Series B funding round, putting the company on track to expand operations and increase capacity in various emerging technologies. The raise was led by Magnetar Capital with…

Developers love to tout the number of transactions that blockchains can process per second. Unfortunately, that fixation often distracts from other important issues — such as network security. The throughput of blockchains — namely, their ability to process X number of transactions per second (TPS) — is often touted in such a way as to downplay other…

Scientists at the University of Melbourne and Tsinghua University published pre-print research comparing the cryptocurrency market to traditional equities. A pair of computer science researchers recently published pre-print research indicating that the nascent cryptocurrency market is beginning to show a level of maturity similar to the traditional equities market. Dubbed “Collective dynamics, diversification and optimal…

The Danish startup founded by former Chainalysis staff helps crypto companies find banking services by connecting them to IBAN infrastructure. Danish startup Januar announced April 19 that it has received a Payment Institution License from the country’s Financial Supervisory Authority (DFSA). The license will allow Januar to conduct business in the 30 European Economic Area markets, whereas…

Decentralized physical infrastructure is offering the most real-world implementations for blockchain technology to date. The advent of blockchain technology has revolutionized several industries, ranging from finance (DeFi) and gaming (GameFi) to Web2 brands such as Nike for digital fashion and Starbucks for Web3 customer loyalty. However, one area that has remained essentially unchanged is physical infrastructure. Traditionally, the deployment…

Multichain token systems can move tokens between different blockchains, allowing users to access liquidity across multiple markets. Digital assets are typically restricted to their native blockchain networks, and existing methods of transferring tokens from one blockchain network to another are highly vulnerable to hacking or involve using a trusted third party. However, multichain tokens enable…

The anonymous MEV bot operator’s best day was April 18, where he profited about $950,000. An anonymous Maximal Extractable Value (MEV) bot operator has cashed in well over $1 million this week by executing “sandwich attacks” against buyers and sellers of two new meme coins. The wallet address, linked to the Ethereum Name Service (ENS) domain “jaredfromsubway.eth”…