Bitcoin News Roundup for May 12, 2020

Starkware, the company behind the Ethereum layer 2 blockchain StarkNet, said in a press release that they will be open-sourcing their cryptographic software tool, STARK Prover, which has been renamed as Stone, on Aug. 31.The company is known for its “zero-knowledge” proofs, a type of cryptographic technology that’s now being used by several competing projects…

news Ethereum’s true believers think the world’s second-largest blockchain can still be all-encompassing. Others think a more-focused path would be best. That was the tension on display at Day 1 of the ConsenSys-organized Ethereal Summit NY, a Blockchain Week gathering held at Pioneer Works in Red Hook, Brooklyn on Friday. “Ethereum’s going to eat everything,” Ameen Soleimani,…

Grayscale CEO Michael Sonnenshein resigned, will be replaced by Peter Mintzberg on Aug. 15."Michael guided the firm through exponential growth & oversaw its pivotal role in bringing spot bitcoin ETFs to market," Barry Silbert, CEO of parent company Digital Currency Group, wrote on X.12:43'The Voice' Makes Its Way to the Metaverse00:53Staking Has Been a Major

MakerDAO Weighs Accepting Real-World Assets as Crypto Loan CollateralDecentralized finance (DeFi) could soon boast a real-world use case.  MakerDAO, the organization behind the dollar-pegged stablecoin known as DAI, is in the process of voting on whether to further diversify the collateral it accepts for loans beyond cryptocurrency and tokens to include real-world assets (RWAs).  Specifically,…

Just over three months ago, an indicator called "Bollinger bandwidth" based on bitcoin's weekly price changes signaled a volatility boom. Sure enough, volatility picked up prior to the recent debut of spot BTC ETFs in the U.S.Now, the monthly chart Bollinger bandwidth has carved out a pattern that preluded Bitcoin's near-vertical rallies of 2016 and

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The past two days’ share price moves for the six most heavily capitalized companies in the U.S. tell you all you need to know about why we must urgently decentralize the artificial intelligence economy. The first headlines were that the third-quarter profits and revenue from Microsoft, Alphabet, Apple, Meta and Amazon all beat or met

Dubai-based BitOasis recently acquired a license to act as a broker-dealer in Bahrain. CoinDCX is among the most prominent crypto exchanges in India, boasting a user base of over 15 million. 07:47 How Upcoming Elections Around the World Could Impact the Crypto Industry 07:47 How Upcoming Elections Around the World Could Impact the Crypto Industry

news Five Canadian banks now let customers digitally verify their identities in a “privacy-enhanced and secure way” using blockchain technology. For the effort, Canadian Imperial Bank of Commerce (CBIC), Royal Bank of Canada (RBC), Scotiabank, Toronto–Dominion (TD) Bank and Desjardins Group have integrated with a mobile app called Verified.Me, developed by SecureKey Technologies. SecureKey announced the news…