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The statement also revealed that Milei held a meeting with KIP Protocol representatives on Oct. 19, 2024, in Argentina, where the company informed him about the Libra blockchain project and its aims to finance private ventures in the country.
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Milei also met with mysterious crypto entrepreneur Hayden Mark Davis at Casa Rosada on Jan. 30, who was presented to the president as an infrastructure partner for the project.
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Milei also met with mysterious crypto entrepreneur Hayden Mark Davis at Casa Rosada on Jan. 30, who was presented to the president as an infrastructure partner for the project.
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The statement also revealed that Milei held a meeting with KIP Protocol representatives on Oct. 19, 2024, in Argentina, where the company informed him about the Libra blockchain project and its aims to finance private ventures in the country.
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Additionally, Toncoin will be the only currency used to pay Telegram Mini App developers and channel owners for their earned Telegram Stars and advertisement revenue.
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The spokesperson said that Toncoin has always been the only non-fiat payment option accepted by Telegram. “This move further reinforces their ongoing commitment to integrating Toncoin within their ecosystem,” the representative added.
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The system, announced on Jan. 21, is the first blockchain-based dispute resolution platform for bug bounties — open calls for developers to review a project’s code for vulnerabilities, prevent hacks and earn rewards.
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The rules for the blockchain-based arbitration system were developed in collaboration with Greenberg Traurig, a legal firm with over 2,750 attorneys in 48 locations. The system also benefits from the New York Convention, which makes rulings enforceable in 172 countries.
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The new system aims to enhance efficiency, trust and integrity in bug bounty programs and the wider cybersecurity industry, according to Mitchell Amador, Immunefi’s founder and CEO.
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The report highlighted that some lawmakers in Texas have questioned the role of BTC mining as an alternative to gas peaker plants, even as ERCOT and peer-reviewed studies confirm its positive impact on grid stability.
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Reports suggested Trump was planning on signing an executive order potentially related to crypto, but the White House had not announced anything at the time of publication. Neither digital assets nor blockchain appeared on the administration’s list of policy priorities as they were first published on Jan. 20.
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The system’s basics could theoretically be applied to resolve any legal disputes in blockchain environments, not just bug bounty-related issues. Amador explained:
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According to the DARI report, BTC mining offers a cleaner and more cost-effective solution where miners operate continuously and generate revenue while remaining able to reduce energy consumption when needed during peak demand.
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Elon Musk’s Department of Government Efficiency (DOGE) has saved US taxpayers $36.7 billion, prompting calls from crypto industry leaders for greater transparency in government spending through blockchain technology.
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Elon Musk’s Department of Government Efficiency (DOGE) has saved US taxpayers $36.7 billion, prompting calls from crypto industry leaders for greater transparency in government spending through blockchain technology.
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Of the top 100, the Solana-based memecoin Fartcoin (FARTCOIN) rose over 58% as the week’s biggest gainer, followed by the XDC Network (XDC) token, up over 49% on the weekly chart.
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Thanks for reading our summary of this week’s most impactful DeFi developments. Join us next Friday for more stories, insights and education regarding this dynamically advancing space.
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A cryptocurrency businessman and a Los Angeles County Sheriff’s Department (LASD) deputy have admitted to federal crimes, including conspiracy, civil rights violations, and tax evasion.
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The Department of Justice announced the plea agreements on Jan. 17, stating that Adam Iza, 24, who dubbed himself the “crypto godfather,” founder of the Zort crypto trading platform, orchestrated a scheme involving intimidation, extortion, and fraud.
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Eric Chase Saavedra, 41, a former LASD deputy and task force officer, misused law enforcement resources to aid Iza’s illegal activities.
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