Arbitrum to distribute $215M in ARB tokens for gaming innovation
Initially introduced in March, the proposal gained official approval on June 7, with a majority of over 75% of votes in favor.
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Bitcoin could be one upgrade away from overtaking Ethereum DeFi
A single, long-dormant string of code, hidden deep within the original Bitcoin stack, can introduce a suite of new functionality that could potentially see the Bitcoin network rival Ethereum in terms of decentralized finance (DeFi) activity. The upgrade is called “OP_CAT” (short for operation code concatenate) and refers to a few simple lines of code

Polygon announces scalable data availability infrastructure Avail
The Polygon team is set to launch a data availability solution for sidechains and layer-two protocols. 272 Total views 2 Total shares Ethereum (ETH) scalability infrastructure developer Polygon has announced the rollout of a general-purpose, scalable data availability solution called Avail.According to a release issued on Monday, Polygon revealed that Avail will function as a…

Bitcoin stuck under $40K, but BTC price hits another all-time high vs. Russian ruble
Bitcoin (BTC) recovered from one-week lows on March 8 after a lack of progress in Russia-Ukraine talks sent markets tumbling.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCommodities "trading like meme stocks"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing at $37,170 on Bitstamp after Monday’s Wall Street open.Overnight progress maintained support, with the pair trading…

Sen. Warren urges Treasury Secretary Yellen to combat rising crypto threats
Elizabeth Warren outlined her concerns about the cryptocurrency market in a letter addressed to Janet Yellen that was obtained by CNBC. 427 Total views 50 Total shares Senator Elizabeth Warren, a Democrat from Massachusetts, has called on United States Treasury Secretary Janet Yellen and other regulators to develop a “comprehensive and coordinated” framework for addressing…

BTC price stays under $19K amid hopes Q4 will end Bitcoin bear market
Bitcoin (BTC) hit new weekly lows into Sep. 28 as risk asset drawdown continued overnight.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: "First new lows" before Q4 recoveryData from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to $18,461 on Bitstamp, down almost $2,000 versus the previous day’s high. The change of direction came in lock…

What You Need To Know About Congress’s Two Proposed Crypto Laws
As the cryptocurrency universe enters 2020, U.S. lawmakers are drafting bills to provide clarity around stablecoins and offer regulations for tech companies like Facebook that might want to create their own cryptocurrencies.The draft legislation “Keep Big Tech Out Of Finance Act” was proposed on July 15, 2019 by the Democratic majority of the House Financial Services…

Binance sued in Canada, CZ could serve 36 months in prison: Law Decoded
Cryptocurrency exchange Binance is under legal pressure in Canada and the Philippines, while U.S. prosecutors are demanding 36 months in prison for Changpeng Zhao.

Qtum Awards $400K Grant to Columbia University Research Team for Smart Contracts R&D
Open source blockchain project Qtum has awarded a $400,000 grant to academics at Columbia University to fund the development of a new programming language for Ethereum (ETH)-style smart contracts. The news was announced in an email shared with Cointelegraph Dec. 19.The research and development (R&D) grant will go to a team of two PhD and…