Investors like a16z behind the largest funds deploying capital in crypto are sticking to their guns, even though crypto valuations were down last quarter.
House Majority Whip Tom Emmer (R-Minn.) has introduced legislation that seeks to prevent the Federal Reserve from issuing a Central Bank Digital Currency (CBDC), while insisting that a digital equivalent to the dollar must uphold privacy and sovereignty.
BlockFi, one of the largest cryptocurrency lenders in the industry, is filing for Chapter 11 bankruptcy protection, according to a new filing on Monday.