English High Court Rules Tether’s USDT Stablecoin Counts as Property
USDT attracts property rights as it can be the subject of tracing and can constitute trust property in the same way as other property, a judge in England declared.
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Tokenized Real-World Assets (Excluding Stablecoins) Market Value Hits Over $12B: Binance Research
RWAs continue to experience growth led by tokenized U.S. Treasuries.
Starknet Token Holders Ratify Plan to Implement Staking, in Landmark Decentralized Election
The new mechanism on Starknet means that anyone holding more than 20,000 STRK will be able to stake on the network, from the fourth quarter of this year.
Kraken Seeks Jury Trial in SEC Lawsuit, Presents Defense Arguments
Crypto exchange Kraken has demanded a jury trial in the case brought against it by the U.S. Securities and Exchange Commission (SEC), a court filing Thursday showed.
World Liberty, Crypto Project Helmed by Donald Trump’s Family, Will Release on Sept. 16
World Liberty Finance is helmed by Trump’s sons, Eric Trump and Donald Trump Jr, and the 18-year-old Barron Trump is the project’s “DeFi visionary.”
Kalshi’s New Political Prediction Markets Halted as CFTC Appeals Loss
The U.S. Commodity Futures Trading Commission appealed its loss against prediction markets platform Kalshi to the D.C. Appeals Court late Thursday.
DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger
The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass.
Federal Judge Threatens Ryan Salame With Sanctions After Former FTX Exec Says He Lied About Plea Deal Last Year
A federal judge on Thursday told former FTX executive Ryan Salame that he could be hit with sanctions after Salame lied to the judge about prosecutors not making promises to him as part of his plea deal last year, CNBC reported.
Ethereum’s Vitalik Buterin Amps Up Pressure on Layer-2 Networks to Decentralize Further
In 2022, Buterin proposed a set of stages for rollups, to classify them in their pursuit of decentralization. The criteria is meant to showcase that rollups tend to rely on “training wheels” and deploy their protocols to users before it’s ready to fully decentralize.
Stablecoins Increasingly Used for Savings, Payments in Emerging Countries, but Crypto Trading Still Leads: Report
The report surveyed more than 2,500 cryptocurrency users in Brazil, Nigeria, Turkey, Indonesia and India.