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Stay up to date on the latest crypto trends with our expert, in-depth coverage.

a16z Pushes Zero-Knowledge Proofs as Middle Ground for Privacy and Law Enforcement in Crypto
a16z Pushes Zero-Knowledge Proofs as Middle Ground for Privacy and Law Enforcement in Crypto

Andreessen Horowitz’s crypto investment arm is making the case that advanced cryptographic tools can both safeguard user privacy and satisfy regulators’ demands for transparency.

DeFi Planet·2025/08/20 23:35
Wall Street Trade Groups Urge Regulators to Rethink Basel Crypto Standards Amid Market Concerns
Wall Street Trade Groups Urge Regulators to Rethink Basel Crypto Standards Amid Market Concerns

Wall Street trade groups representing major financial institutions have formally called on global regulators to reconsider the Basel Committee’s proposed revised capital standards for crypto-assets.

DeFi Planet·2025/08/20 23:35
Flash
  • 22:04
    Ethereum Foundation Increases Investment in Privacy Technology, Launches New "Privacy Research Cluster"
    According to a report by Jinse Finance, the Ethereum Foundation announced on October 8 that it will expand its privacy research and development efforts by establishing a "Privacy Research Cluster" composed of 47 top researchers, engineers, and cryptographers, integrating the existing PSE team and related projects. The new cluster covers key technologies such as private payments, anonymous voting, zkID, and the privacy wallet Kohaku, while also setting up the Institutional Privacy Task Force (IPTF) to promote the implementation of privacy solutions for enterprises and institutions. The Foundation emphasized that privacy is a core feature of the Ethereum ecosystem, which will be integrated across protocol, application, and institutional levels to safeguard user freedom and digital trust.
  • 21:52
    UK to Appoint "Digital Markets Leader" to Promote Financial Market Tokenization
    Jinse Finance reported, citing Bloomberg, that the UK government will establish a "Digital Markets Lead" position, responsible for leading and coordinating the private sector's work on tokenization in wholesale financial markets. Lucy Rigby, Economic Secretary to the Treasury, stated that this position will promote the use of blockchain technology to enable the tokenized issuance, trading, and settlement of traditional assets such as stocks and bonds.
  • 21:11
    U.S. Senate confirms Trump-backed nominee Jonathan McKernan as senior Treasury Department official
    Jinse Finance reported that the U.S. Senate has approved, by a vote of 51 to 47, Trump nominee Jonathan McKernan as Deputy Secretary for Domestic Finance at the Treasury Department. McKernan previously served at the Federal Deposit Insurance Corporation (FDIC) and has long criticized excessive regulation and the phenomenon of crypto "de-banking." Treasury Secretary Scott Bessent called him an "ideal leader" and stated that McKernan will play a key role in reducing excessive government intervention and revitalizing the U.S. economy. McKernan said he will promote reforms conducive to growth both inside and outside the financial system, with a focus on financial market innovation and crypto integration issues.
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