Manufacturing Giant Relocates Production Facilities Despite Trade Challenges

Key Takeaways: Northern Data Group is selling its Bitcoin mining arm for up to $200 million. The company will repurpose […] The post Europe’s Largest Bitcoin Miner Abandons Crypto to Join the AI Gold Rush appeared first on Coindoo.

CME FedWatch indicates a 64.5% chance of a Fed rate cut, impacting crypto volatility and price movements.Read more...

The post Ethereum Giants Form Alliance in $100 Billion DeFi Policy War appeared on BitcoinEthereumNews.com. Seven of Ethereum’s most established protocol teams, including Aragon, Lido Labs Foundation, and the Uniswap Foundation, have joined forces to form the Ethereum Protocol Advocacy Alliance (EPAA). The alliance represents a rare moment of unity among Ethereum’s core builders, as growing regulatory scrutiny in the US and Europe threatens to reshape governance for decentralized systems. Sponsored Sponsored Ethereum’s Protocol Teams Go on the Offensive Amid Tightening Regulation For years, Ethereum’s Layer-1 protocols have quietly powered DeFi, stablecoins, and smart contracts across the global web3 ecosystem. However, as governments rush to regulate crypto, protocol developers, not just exchanges, are being drawn into policy debates. The new global coalition will defend the open infrastructure that secures more than $100 billion in on-chain assets. In announcing the EPAA, the founding teams stated that their goal is to ensure laws and regulations accurately reflect how blockchain systems operate, rather than how they are perceived. “We’ve seen firsthand the technical and practical complexity involved in building on-chain systems. Bringing together the most credible protocol teams will help ensure regulatory outcomes are workable for the builders moving this space forward,” said Anthony Leutenegger, CEO of Aragon, in a statement shared with BeInCrypto. What the Alliance Stands For The EPAA’s shared policy framework centers on four key priorities: Protecting the neutrality of the protocol layer, ensuring code itself isn’t subject to regulation. Advancing on-chain transparency as a real-time, verifiable source of compliance. Preserving flexibility for innovation by avoiding rigid or overbroad standards. Upholding global access to permissionless, decentralized infrastructure. Sponsored Sponsored Each of these principles reflects a broader concern among Ethereum’s technical community. More closely, the concern is that policymakers may unintentionally constrain the open networks that make DeFi resilient. “Decentralization is the foundation of Ethereum’s credibility and resilience. Through the EPAA, we’re ensuring that policy recognizes…