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Uniswap’s executed funding proposal shows the difference between a sentiment poll, a binding vote and the contract authorized to release tokens…. Read the full story at The Defiant

New York Attorney General Letitia James is trying to secure a $1.37 billion judgment against the operators of NovaTech and its predecessor AWS Mining, two successive cryptocurrency investment schemes that allegedly defrauded hundreds of thousands of investors worldwide out of more than $1 billion. Alleged founders Cynthia and Eddy Petion never appeared in court and, according to the AG’s office, fled the country. “NovaTech and AWS Mining scammed thousands of vulnerable New Yorkers by telling them they were making a safe investment when in reality, they were victims of a pyramid scheme,” James said in a statement. “These scammers targeted…

Few Wall Street institutions have had a more complicated relationship with BTC and crypto than JPMorgan. JPMorgan’s long-term CEO, Jamie Dimon, once called bitcoin a “fraud,” said that it was “worthless,” and described it as a “decentralized Ponzi scheme.” Moreover, he claimed that if he were using the government, he would shut it down. Fast-forward several years, and the banking behemoth he runs is putting traditional finance on public blockchains, accepting BTC and ETH as collateral, and, oh right, predicting that BTC could outperform stocks and gold over the next 10-15 years. How Did We Get Here? One of the…

Anti-money-laundering controls remain a central concern, he said, describing a need to understand and manage risks before introducing new rules.“We don’t want to create something with a big boom and then with a big collapse,” Valainis said. The government will implement solutions only when it is “1,000% sure” they would be transparent and understandable, he added.Members of the Latvian Blockchain Association (LBAA), which aims to make the country a major Web3 hub in the European Union, participate in working groups and testing, according to the minister.He named no individual commercial partners, though the LBAA’s members include crypto exchanges like Kraken…

CEO Sumit Gupta had told X users on Wednesday that early reports of a breach sounded like “a false alarm.”

In brief U.S. spot Bitcoin ETFs shed $137.9 million on Friday but ended the week up about $301 million, snapping a two-week losing streak. The funds remain down about $314 million for October, while Ethereum ETFs are down roughly $1.18 billion for the month. Bitcoin slipped 1.1% to about $80,490, and Myriad traders raised the odds of a drop to $77,500 this month to 43%. Bitcoin ETFs ended a choppy week in the green, but only just.U.S. spot Bitcoin ETFs shed $137.9 million on Friday, according to Decrypt’s ETF tracker, their second straight day of outflows. The two-day slide totaled…

In brief Six more companies, including Wells Fargo, Cisco, and Marvell, have objected to trading of their shares on OKXICE TSV, according to its Oct. 23 notice. That brings the total to 22, up from nine on Oct. 15, though the notices don’t explain the companies’ reasons or what the objections do. The notice also discloses risks, including no circuit breakers beyond halts, no protections against transaction reordering, and smart contract upgrades without advance notice. The list of companies that don’t want their shares traded on OKX and ICE’s planned tokenized stock venue keeps growing.Wells Fargo, Cisco Systems, and Marvell…

Solana activated Alpenglow on mainnet on Oct. 21 at slot 459,653,000, replacing TowerBFT with a consensus design that targets about 150 milliseconds to finality. Under the new protocol, confirmed and finalized become the same state.At the National Securities Clearing Corporation (NSCC), multilateral netting cuts the value of equities payment obligations by an average of 98%.Alpenglow shortens the time until a transaction becomes irreversible, and netting reduces the amount of money participants must move to complete trades.What Solana’s Alpenglow changesThe first phase of Solana’s Alpenglow upgrade, Votor, has validators exchange votes directly and aggregate them into certificates, which allows finalization in…

Spokespeople for Tether didn’t immediately respond to requests for comment.CoinDesk had been first to report earlier that Hines’ company — which had little track record or experience in politics — was making millions of dollars as the main campaign-advertising provider for a political action committee associated with Tether.Hines’ family firm, Nxum, has recently hired another official that worked as a White House crypto adviser, Harry Jung. The office that advised Trump on crypto issues has since gone vacant, with the departure of Patrick Witt, who had replaced Hines as its executive director.Blumenthal has been focusing significant attention on crypto, including…

TL;DR: The Zcash Foundation says it merged fixes for Zebra nodes that stopped syncing near the chain tip. The October 21 update places the work ahead of a stable NU7 release and reminds operators of the older client’s approaching stop date. Zcash’s preparation for NU7 includes a less glamorous but essential task: making sure nodes keep following the chain reliably. In an engineering update published Wednesday, the Zcash Foundation described fixes for synchronization problems reported after Zebra 7.0.0-rc.0. Its team also confirmed the same underlying cause on a mainnet node. The changes adjust how Zebra requests blocks from peers and…