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View More NewsIn brief Paxos Securities Settlement Company has received SEC registration as a clearing agency. The registration allows Paxos to operate as a central securities depository and provide clearing and settlement services, while meeting ongoing regulatory requirements. The approval follows seven years of regulatory engagement, including a 2019 No-Action Letter and a pilot program operating since February 2020. Paxos Securities Settlement Company, a subsidiary of blockchain infrastructure firm Paxos, has received SEC registration as a clearing agency under Section 17A of the Securities Exchange Act.The registration makes Paxos the “only blockchain-native firm” approved by the SEC to operate as a central…
Ethereum core developers may soon get a new source of funding: a blockchain lottery.Decentralized lottery protocol Megapot said Thursday it is teaming up with Protocol Guild, an independent funding collective for Ethereum protocol contributors, to introduce what they describe as the crypto industry’s first programmable charity lottery.Under the arrangement, users can buy tickets for a daily lottery through a dedicated Protocol Guild portal for a chance to win prizes from a pool exceeding $1.1 million. Megapot said 100% of referral fees generated from ticket sales will be automatically distributed by smart contracts to Ethereum developers supported by Protocol Guild.The effort…
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I find the term “judicial activism” to largely be meaningless. There is often no discernible line between “making law” and “applying the law.” But I do think judges engage in judicial activism when they shed their robes on take on…
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I see no hope for the future of our people if they are dependent on frivolous youth of today, for certainly all youth are reckless beyond words… When I was young, we were taught to be discreet and respectful of elders, but the present youth are exceedingly wise [disrespectful] and impatient of restraint. ~Hesiod, 8th century BC Let’s get one thing straight, right from the start. As long as there has been writing, cultural commentators have been asking, “Why are the young women suddenly promiscuous, and the young men suddenly violent (and so unlike us when we were young)?”The basic…
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The US Commodity Futures Trading Commission (CFTC) and companies behind prediction market platforms are continuing legal fights against state-level authorities, with the latest battlegrounds…
In brief Sui’s layer-1 blockchain is currently suffering another major network outage. The network’s engineers have identified the issue and are rolling out a…
Stablecoin giant Tether’s U.S.-focused digital dollar token USAT (USAT) expanded more than sixfold month-over-month in April, it still lags far behind its rivals.According to…
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce said financial privacy is becoming increasingly undervalued in US regulation, warning against treating privacy-preserving technologies…
from the at-least-someone-is-doing-something dept Thirty-five (thirty-five!) former federal judges are asking a current federal judge to reopen the case where Donald Trump sued his…
Hyperliquid’s SPACEX-USDH perpetual contract suffered a violent flash crash on Thursday afternoon, plunging from an open of $2,277 to a low of $1,254, a…
May 28, 2026 – P2P.org, a blockchain infrastructure provider operating validators across 40+ proof-of-stake networks since 2018, today launched Syncro Data Stream, a real-time blockchain…
In brief A Google employee was charged over alleged Polymarket trades using private data. The CFTC also filed a civil case seeking penalties and…
In the rush to block young people from certain parts of the internet, lawmakers are creating a privacy and security nightmare for everyone. This…
from the miserable-spray-tanned-fuckwit dept Poll everyone you can. Even the most MAGA never dreamed up this scenario. There’s no single-issue voter whose kink is…
Sui network, a layer 1 blockchain developed by Mysten Labs, is experiencing a network outage on Thursday after the project said its mainnet had…
For years, crypto has thrived on speculative capital flows and the explosive popularity of decentralized finance (DeFi) tokens and applications.That still holds true for…
