CFTC Sues Goliath Ventures Over Alleged $397M DeFi Liquidity Pool Ponzi
The U.S. Commodity Futures Trading Commission sued Goliath Ventures Inc. and its chief executive, Christopher Delgado, on Tuesday, alleging the Florida company raised at least $397 million from roughly 1,600 customers by promising to place their bitcoin and ether in decentralized exchange liquidity… Read the full story at The Defiant
Riot Signs $9.1B, 20-Year AI Data Center Lease at Its Texas Bitcoin Mine
Riot Platforms has leased 191 megawatts of computing capacity at its Rockdale, Texas, bitcoin mining campus to an unnamed artificial intelligence company under a 20-year agreement the miner says will generate roughly $9.1 billion in revenue, according to an exhibit filed with the U.S. Securities… Read the full story at The Defiant
Stablecoin Card Issuer Rain Buys Merchant Wallet Startup Ansa
Rain acquired Ansa, a startup whose software lets merchants run their own branded prepaid wallets, the stablecoin card issuer announced. The purchase adds a product built on fiat. Ansa’s wallets hold dollar balances that customers load in advance and spend at the brand that issued them, and neither… Read the full story at The Defiant
ENS Tokenholders Hand Endowment Control to a Staffed Foundation
ENS tokenholders approved and executed a proposal that turns the ENS Foundation into a staffed organization with a full-time executive director and a five-seat board, and hands it onchain control of the DAO’s endowment. The opposition centered on the keys. The executable swapped the sole owner of… Read the full story at The Defiant
Coinbase Wins Abu Dhabi License for Tokenized Securities Hub
Coinbase has received a Financial Services Permission from the Financial Services Regulatory Authority of Abu Dhabi Global Market to build what it calls its international tokenization hub, clearing the exchange to arrange deals in investments and provide custody ahead of a launch of tokenized… Read the full story at The Defiant