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View More NewsThe White House countered the bankers’ concerns on Tuesday by posting economic data suggesting the worries are misguided.Jaret Seiberg, a policy analyst at TD Cowen, set the odds for a failure in the opening vote at 60%. In that scenario, he said, “Democrats, including those who are crypto friendly, decide the GOP changes are insufficient. It also likely means several Republicans vote no over stablecoin yield or law enforcement concerns.”Meanwhile, the crypto industry is asking that lawmakers at least keep the process alive with an opening yes vote that allows them to continue talking.”A yes vote is critical and keeps…
Ethereum and Base are set to implement different account abstraction standards after efforts to agree on a shared account abstraction standard broke down last week.Interoperability standards became secondary to each chain’s core goals, leading both to go their separate ways and “putting the burden on wallets,” Derek Chiang, founding member and researcher at Ethlabs, as well as a co-author of Ethereum’s EIP-8141 proposal, said in a Monday X post.The divergence could require wallet developers to support separate transaction formats to provide a consistent experience across networks. Account abstraction allows programmable rules for authorizing transactions and paying fees. Ethereum is now…
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Readers: If you’re a lawyer, active or otherwise, or a law student, tell us a few things about yourself in the comments. If you are not a lawyer, please do the same but in the separate post for you right…
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Karl Popper invited us to be clear about the problem we are trying to solve. Testing a claim is not the same as evaluating the character of the person making it, and the latter cannot be asked to stand in for the former. Because it takes cognitive effort to parse data, weigh arguments, and assess logical coherence, we often default to name-calling, ad hominem, and guilt-by-association instead. This is a lazy and unscrupulous way to argue, and it drags down discourse, not least because its prevalence has made it unremarkable.A news item in the Guardian on 31 August by the…
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The House Ways and Means Committee published a crypto tax bill addressing de minimis transactions, staking and other issues for which the industry’s clamored…
Balancer, a decentralized exchange and automated market maker, has proposed winding down the protocol after its post-exploit restructuring failed to generate enough revenue, with…
Financial rating giant S&P Global joined top traditional banks and exchange operators to fund Kaiko’s expansion into continuous market data services Read the full…
On September 15, the Senate has the chance to show that it can address issues in a reasonable timeframe, rather than waiting for the…
In a post on Friday, Vlad Tenev said securities issuers should control shareholder rights, but not separate products that track their publicly traded shares.…
Bankman-Fried’s lawyers challenged the exclusion of evidence about customer losses and argued that his $11 billion forfeiture was excessive. Read the full article here
An excerpt from the long opinion today in Lewis-Williams v. S.F. Bay Area Rapid Transit Dist., decided by Judge Ryan Nelson, joined by Judges…
A Russian-speaking operator targeted more than 20 organizations, while a Mali consultant used Claude to build a mass-surveillance platform. Read the full article here
California, a state once brimming with optimism for a free and open internet, is now leading the country in online safety regulation. On Thursday,…
The bank expects Sky to pass five times as much value to token holders by 2028 as USDS adoption and borrowing capacity continue to…
In brief Greenberg Traurig said an unauthorized actor accessed documents and posted them on the dark web. The firm notified affected clients; a Vermont…
On Thursday, the United States Supreme Court issued a ruling in Missouri’s controversial redistricting battle, backing the Missouri Supreme Court’s decision that the state…
