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Compound Extends DeFi Ethos to Itself, Launches Governance Token

Decentralized finance (DeFi) platform Compound is going ahead and decentralizing itself. “My personal belief is that nobody would use bitcoin if it was run by the ‘Bitcoin Corporation,’” Robert Leshner, Compound’s founder, told CoinDesk in a phone call. “Its power comes from the fact that nobody truly controls it.” In that spirit, Compound is launching […]

Australian Soccer Club Calls Off Purchase Deal With Controversial Crypto Company

The owner of a top-tier Australian football club has walked away from buyout negotiations with a controversial cryptocurrency company. Owner Tony Sage confirmed Monday a deal to sell 80 percent of the equity in Perth Glory FC to the London Football Exchange (LFE) had been scrapped, according to Australian news source The New Daily. LFE […]

Crime And Punishment In The Cryptocurrency World – Forbes

On December 2, 2019, prosecutors in the Southern District of New York unsealed a criminal complaint against Virgil Griffith for conspiracy to violate U.S. sanctions authorized by the International Emergency Economic Powers Act by providing services to the Democratic People’s Republic of Korea (North Korea).  The indictment of Griffith, one of the developers of the […]

Warren Buffett Doesn’t Want to Own any Cryptocurrency – Cointelegraph

“Cryptocurrencies basically have no value,” Warren Buffett said in an interview on Monday. Speaking to CNBC reporter Becky Quick on Feb. 24, the fourth-wealthiest person in the world discussed his impression of Bitcoin following a fundraiser. In attendance was Justin Sun, CEO of Tron, and long-time believer in crypto. In May 2019, the two gathered […]

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