Decentralization clashes with illicit activity

THORChain has been called a money laundering protocol — a label no decentralized finance (DeFi) project wants unless it’s prepared to have regulators breathing down its neck. Its supporters have fended off the criticism by championing decentralization, while its critics point to recent activities that showed some of the protocol’s centralized tendencies. After exploiting Bybit…

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Smythson results improve but losses persist

Luxury leather goods and stationery retailer Frank Smythson has filed its accounts for the year to the end of last March and said that its business improved. That came as the economic situation in the UK and globally showed signs of recovery from the disruptions caused by the pandemic and despite the fact that challenges…

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Clippers may sit Kawhi Leonard in rematch with Mavericks

Apr 4, 2025; Inglewood, California, USA; Los Angeles Clippers forward Kawhi Leonard (2) moves the ball against Dallas Mavericks guard Spencer Dinwiddie (26) during the first half at Intuit Dome. Mandatory Credit: Gary A. Vasquez-Imagn Images The Los Angeles Clippers will continue their quest for a top-six spot in the Western Conference when they face…

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Zion Williamson’s Season Is Over—Again. Now What?

Shutting down Zion Williamson for the rest of the regular season was elementary for the New Orleans Pelicans, as natural as their “NOP” team abbreviation during broadcasts. Deciding how to proceed with the injury-plagued former No. 1 overall NBA Draft pick, however, seems anything but easy. Various injuries—the latest a back contusion—will limit Williamson to…

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Blazers pull away in 4th, earn pivotal win over Nuggets

Mar 21, 2025; Portland, Oregon, USA; Portland Trail Blazers forward Deni Avdija (8) dribbles the ball during the first half against Denver Nuggets guard Jamal Murray (27) at Moda Center. Mandatory Credit: Troy Wayrynen-Imagn Images Deni Avdija scored a season-high 36 points on 12-of-16 shooting to lead the Portland Trail Blazers to a convincing 128-109…

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DeFi Development seeks $1B to boost Solana investments, expand treasury

DeFi Development Corp (formerly Janover) aims to raise over $1 billion worth of capital to invest in Solana, the industry’s sixth-largest cryptocurrency by market capitalization. The Nasdaq-listed firm, previously a real estate financing platform connecting commercial property lenders and buyers, announced its plans in a Form S-3 registration statement filed with the US Securities and…

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