a16z-backed onchain messaging platform Towns officially launches
The same team behind Towns also created River Protocol, which enables transparency, security and decentralization in the new messaging app.
Related Posts


Philippine SEC Exposes Fraudulent ‘Abundance-Based’ Crypto Investment Scheme
The Philippines Securities and Exchange Commission (SEC) has flagged its third cryptocurrency scam this month, warning investors against a scheme dubbed “The Billion Coin” (TBC).Marketed as a so-called “abundance-based cryptocurrency,” the SEC said in an advisory on April 14 that TBCoin’s promoters present the asset as a decentralized cryptocurrency that “aims to revolutionize the global…

ShapeShift to decentralize entire company, plans for largest airdrop in history
ShapeShift, a leading non-custodial cryptocurrency exchange, is planning to open-source its platform and dissolve its entire corporate structure — an unprecedented move that underscores the company’s commitment to decentralization. Largest airdrop in historyAs part of its decentralization pledge, ShapeShift plans to airdrop 340 million FOX tokens to over one million users who traded $1 or more…

Malaysian billionaire steps down to pursue ‘horse currency’ offering
“I am handing over the public-listed company’s business to the new directors and I will concentrate on cryptocurrencies,” said the 65-year-old. The founder of Malaysian investment giant Country Heights Holdings is stepping down from his position to focus on issuing a cryptocurrency.According to a Sept. 28 article in news outlet The Edge Markets, billionaire Lee…

Report: XRP Market Cap Could Be Overestimated By Billions
The market capitalization of distributed ledger tech company Ripple’s XRP token could be overvalued by as much as $6 billion, according to a recent report from crypto analytics firm Messari.Ahead of Ripple’s Q4 2018 report, Messari researched the “health and legitimacy” of the XRP’s market capitalization using data from cryptocurrency exchanges and third party cryptocurrency…

House overturns SEC’s anti-crypto guidance, Biden to veto: Law Decoded
U.S. President Joe Biden may block the U.S. House of Representatives’ decision.

Crypto Markets Showing Signs of Recovery, Bitcoin Hovers About $8,200
Monday, Sept. 30 — Bitcoin (BTC), together with most altcoins, has been trading relatively flat in the last 72 hours, but the overall crypto market seems to be ready to turn around.Cryptocurrency market daily overview. Source: Coin360Bitcoin has not yet been able to recover from last Tuesday’s double-digit losses, but the coin is showing signs…

Montana becomes 4th US state to advance Bitcoin reserve bill to House
Montana has passed a Bitcoin reserve bill at the subcommittee level, making it the fourth US state to advance a related bill to the House.

Institutional managers hold a record $72.3B of crypto — CoinShares
Bitcoin and the broader cryptocurrency market are bullish again; institutional investors have increased their allocation accordingly. 552 Total views 32 Total shares Institutional inflows into cryptocurrency products rose last week, as investment managers increased their exposure to Bitcoin (BTC) and leading altcoins, according to the latest CoinShares report. Total assets held by institutional managers reached $72.3…