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Vitalik Buterin says crypto regulations have created ‘anarcho-tyranny’

Vitalik Buterin, co-founder of Ethereum, has shared his perspective on cryptocurrency regulations, characterizing them as “anarcho-tyranny.”

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Vitalik Buterin, co-founder of Ethereum, has shared his perspective on cryptocurrency regulations, characterizing them as “anarcho-tyranny.”

In his remarks, Buterin critiques the current regulatory landscape surrounding cryptocurrencies, arguing that it imposes heavy-handed controls while failing to address underlying issues effectively. He suggests that regulators often employ stringent measures on lawful activities while allowing illicit practices to flourish unchecked—a phenomenon he dubs “anarcho-tyranny.”

Buterin’s comments reflect broader concerns within the crypto community regarding regulatory frameworks that may stifle innovation and hinder the potential benefits of decentralized technologies. He advocates for a balanced approach that promotes transparency and accountability without stifling creativity and technological progress.

The Ethereum co-founder’s perspective underscores ongoing debates surrounding the regulation of digital assets and blockchain technologies. As governments worldwide grapple with the complexities of regulating a rapidly evolving sector, Buterin’s critique adds to the discourse on finding regulatory frameworks that foster innovation while addressing legitimate concerns such as consumer protection and financial stability.

As the cryptocurrency ecosystem continues to mature, stakeholders, including developers, investors, and regulators, are challenged to navigate the delicate balance between oversight and fostering innovation. Buterin’s insights into “anarcho-tyranny” highlight the nuanced challenges inherent in crafting effective regulatory policies that support the growth and sustainability of the crypto industry.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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