The U.S. government is pursuing a civil forfeiture claim on the more than 300,000 units of the tether (USDT) cryptocurrency said to have been stolen earlier this year. Author: Sebastian Sinclair
ConsenSys, Polychain, Tron, CipherTrace: Blockchain Startups Got $30M+ in US ‘PPP’ Bailout Loans
At least 45 crypto and blockchain startups, ranging from Bittrex to the Electric Coin Company, received U.S. Paycheck Protection Program loans, new filings show. Author: Nikhilesh De
Crypto Long & Short: Why the PayPal Rally Isn’t What It Seems, and Why That’s OK
PayPal opening up its network to bitcoin and crypto is a game-changer, but the announcement hides a bigger and more important message. Author: Noelle Acheson
DeFi Still Needs a Silk Road Moment
Adoption by criminal enterprises is evidence of the product/market fit for censorship-resistant tech and an indicator of whether innovation will see usage in the non-criminal world. Author: Boaz Sobrado
Bitcoin Price Closes Above $13K for First Time Since January 2018 Driven by a Flurry of Good News
Bitcoin had previously failed to close above $13,000 every day since Jan. 15, 2018. Author: Zack Voell
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