The government should promote innovation, not punish it
District Attorney of Sacramento County, Ho argues that ambiguous rules and enforcement practices, such as those for crypto, lead to confusion, rather than seeking clarity in the law to further growth....
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Hut 8 swaps Coinbase loan for cheaper FalconX deal, slashing borrowing costs as it bets big on AI
Hut 8 refinanced its $200 million bitcoin-backed credit facility with FalconX, cutting interest rates from 9% to 7% and freeing up 3,300 BTC ($260 million) in collateral. The move reflects miners shifting toward AI infrastructure while reducing debt costs. Similar refinancing trends among competitors like Riot signal growing lender confidence in crypto firms pivoting away from volatile mining revenues.
Aave fights court-ordered $73 million ETH freeze, argues ‘a thief does not own what he steals’
Aave filed an emergency motion to unfreeze $73 million in ETH seized after the Kelp DAO exploit, arguing the funds belong to affected users, not alleged North Korean hackers claiming restitution. The DeFi protocol challenges unproven terrorism-linked claims, stating "a thief does not own what he steals." The frozen assets are critical to a $327 million recovery effort.
South Korea’s largest crypto exchange Upbit launches Ethereum blockchain with Optimism Foundation support
Upbit is the Optimism Foundation's first client on its "self-managed" enterprise tier, giving it control over its core rollup architecture....