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A powerhouse alliance of DeFi advocates, spearheaded by the DeFi Education Fund (DEF), has launched a bold blueprint to combat global poverty, projecting up to $30 billion in yearly savings for unbanked populations through blockchain-driven financial reforms. Unveiled November 19 via a DEF blog post by policy lead Jenn Rosenthal, the initiative spotlights how decentralized tools can dismantle the “poverty …

In a stark escalation of U.S. crackdowns on crypto privacy tools, William Lonergan Hill, co-founder and Chief Technology Officer of Samourai Wallet, was sentenced to four years in federal prison on November 19 for conspiring to operate an unlicensed money-transmitting business that laundered over $237 million in illicit Bitcoin. The ruling by U.S. District Judge Denise L. Cote in Manhattan …

In a seismic blow to DeFi collaborations, Core Foundation has clinched a preliminary injunction from the Grand Court of the Cayman Islands, halting Maple Finance’s launch of rival product syrupBTC amid explosive allegations of trade secret theft and exclusivity breaches. The ruling, handed down by Justice Jalil Asif KC on November 19, bars Maple from using Core’s confidential data or …

Bitcoin (BTC) kicked off Asia’s trading session on a resilient note, stabilizing around $92,000 after a bruising week that saw it dip to seven-month lows near $88,500 amid a $1 trillion crypto market wipeout. The rebound gained traction from Nvidia’s blockbuster Q3 earnings, which crushed Wall Street forecasts and quelled fears of an AI bubble bursting—rippling positivity into risk assets …

Donald Trump’s high-stakes foray into DeFi, World Liberty Financial (WLFI), has been jolted by a pre-launch security breach, with the platform burning and reallocating $22.1 million in compromised WLFI tokens amid phishing attacks and third-party lapses. The revelation, disclosed via X on November 19, underscores vulnerabilities in the Trump family-backed project’s rollout, just weeks after its September 1 token debut, …