Check out our new platform 🚀 https://thecapital.io/ — How DeFi Lending is Different from Traditional Lending In his article, DeFi Protocols Don’t Do “Lending,” Chervinsky argues that DeFi lending is not lending because it does not involve a trust-based creditor-debtor relationship. In a typical lending relationship, a creditor assesses the creditworthiness of a borrower to decide whether or not to take the risk of issuing a…

Privacy-focused blockchain projects often get a bad rap in mainstream news. Politicians and regulators seem convinced that privacy projects are behind a wide variety of nefarious activities from terrorist financing to money laundering. Because only bad guys want privacy, right? The reality is, it’s not just drug traffickers that use…

This article was originally published on CoinTelegraph. In February, United States Securities and Exchange Commission Commissioner Hester Peirce was asked to give her opinion on the SEC’s case against Telegram. She declined to comment at the time, as SEC officials do not speak publicly about ongoing enforcement actions. In late…

By Dean Steinbeck on The Capital — In recent months, a number of class-action lawsuits have been filed against Ripple for selling its XRP token in an unregistered securities offering. So far, the United States Securities and Exchange Commission has not published any official statement on this, which has kept everyone guessing. To help put an end…

By Dean Steinbeck on The Capital — One day, Kraken CEO, Jesse Powell got a message from one of his employees saying that his paycheck had bounced. It seemed strange to Jesse because there were definitely funds in the account. So he called up his bank to check. As it turns out, the bank closed all of…

Now that it’s harder to make a quick buck with ICOs, a new investment opportunity has sprung up: crypto staking. Some cryptocurrencies and exchanges now invite you to leave some crypto in a locked wallet. Then at the end of every month, they promise to automatically deposit rewards in your…

Two years ago, Prime Minister Joseph Muscat became a star in the crypto space when he announced that he was going to make Malta the most crypto-friendly jurisdiction in the world. Or as he called it ‘Blockchain Island.’ While most countries were either trying to ban crypto or figure out…

35-year-old Russian billionaire and entrepreneur, Pavel Durov, is no stranger to duking it out with governments. As the founder of Vkontakte, Russia’s largest social network, Durov was pressured by the Kremlin to shut down opposition groups on the platform in 2012. But the well-known libertarian blankly refused. Later Durov claimed…

One of my favorite blogs is written by the Prysm Group. This is a team of highly accomplished PhDs that research the application of economic theory to blockchain governance. It’s a must-read blog for blockchain enthusiasts who enjoy economic theory and its practical application. Recently, I was surprised to hear…