Ethereum co-founder Joe Lubin says no chance ETH is classed as security

    The ConsenSys founder and Ethereum co-founder said it’s as unlikely as ride-sharing service Uber becoming illegal. Ethereum co-founder and crypto entrepreneur Joseph Lubin is confident that Ether won’t be classified as a security in the United States. Cointelegraph spoke with Lubin, Ethereum co-founder and founder of blockchain tech firm ConsenSys, in Tel Aviv at the Web3…

    Banks under pressure from U.S. authorities to cut ties with crypto firms

    United States authorities are allegedly discouraging banks from offering services to the crypto industry. United States authorities appear to be resurrecting past techniques to crack down on crypto firms and banks offering services to the industry, several sources told Cointelegraph. The alleged strategy consists of isolating the traditional financial system from the crypto market by…

    Crypto and securities: New interpretation of US Howey test gaining ground

    Lewis Cohen headed a team researching Howey-related case law to propose an application that differentiates between primary and secondary transactions. The crypto community celebrated a victory in court on Jan. 30 when the United States Securities and Exchange Commission (SEC) admitted in the remedies hearing of the LBRY case that secondary sales of its LBC…

    Bitcoin price more correlated to FTX developments than macro events: Research

    While inflation has an effect on the price of Bitcoin, researchers were bewildered by bitcoins resilience to other macroeconomic factors. The collapse of FTX and related developments did more to pull up or push down the price of Bitcoin throughout Q4, compared to macroeconomic events such as rate hikes, according to research. In a “State of…

    What is decentralized storage, and how does it work?

    Explore the concept of decentralized storage in this informative guide. Learn about the functioning and advantages of a decentralized storage network. Businesses face several problems when storing data on-premises. There are steep technical and cost issues in scaling infrastructure up and down, and maintaining storage area networks is a challenge. One also has to deal…

    Getting rid of crypto staking would be a ‘terrible path’ for the US — Coinbase CEO

    Banning retail crypto staking in the US would result in even more businesses moving offshore, argues the Coinbase co-founder. The CEO and co-founder of cryptocurrency exchange Coinbase, Brian Armstrong, believes that banning retail crypto staking in the United States would be a ‘terrible’ move by the country’s regulators. Armstrong made the comments in a Feb. 9 Twitter…