Crypto Users Bridge Millions to zkSync Blockchain in Hopes of Token Airdrop

The Luxembourg competition authority is opening a market study into blockchain technology, according to a Tuesday announcement. The study potentially represents the first probe of its kind into the economics of Web3.The government of the European Union member – which is a significant financial center despite its small size – has said it sees the…

Patrick McHenry, the retiring chairman of the House Financial Services Committee, said he's confident that his crypto legacy will become permanent policy by 2025.The so-called FIT21 crypto bill is now a "consensus product" of the House and can't be ignored, he said.Rep. Patrick McHenry (R-N.C.) vowed the crypto industry won't have long to wait to

Yat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future with this pioneering investor in the metaverse and NFTs.Yat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future with this pioneering investor in the metaverse and NFTs.Cam Thompson is a news reporter at CoinDesk.Yat SiuCo-Founder…

Jan 16, 2020 at 12:00 UTCUpdated Jan 16, 2020 at 12:53 UTCGemini ad, image via ShutterstockWinklevoss-Led Gemini Exchange Now Has Its Own Insurance CompanyGemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has created its own insurance company to protect clients against the potential loss of coins from its offline vaults – with a…

Apr 22, 2020 at 19:30 UTCLibraLibra’s Long Road From a Facebook Lab to the Global Stage: A TimelineWhat a long and winding two and half years it’s been for Libra, the digital currency project spawned by Facebook. For much of that time, all that was known about the social network’s ambitions for the cryptocurrency space was…

BitGo, one of the largest custody specialists in the digital asset industry, celebrated its 10-year anniversary this year. It is an incumbent, it is an institution and it is led by CEO Mike Belshe.The company was one of a few to raise capital in a depressed market this year, and even more significantly, it raised

Credit: Munshots/UnsplashAt a press conference Sunday Minnesota Department of Public Safety commissioner John Harrington compared the methods police were using to identify protestors to those used to track COVID-19 cases.  We’ve “begun analyzing the data of who we have arrested, and begun, actually, doing what you would think as almost pretty similar to our COVID. It’s…

Sep 19, 2020 at 13:00 UTC (KevinAlexanderGeorge/iStock via Getty Images Plus)Why the First US Crypto Bank Is a Big DealKraken became the first crypto exchange to win a U.S. banking license this week. Here’s why that matters.  This episode is sponsored by Crypto.com, Bitstamp and Nexo.io. On this edition of The Breakdown weekly recap, NLW looks at: DEXetition – Uniswap’s…

Apr 28, 2020 at 04:18 UTCUpdated Apr 28, 2020 at 04:22 UTCHydropower plant image via ShutterstockA Chinese city in the world's bitcoin mining hub is publicly encouraging the blockchain industry to help consume excessive hydroelectricity ahead of the summer rainy season.Ya'an, one of the many cities in China's mountainous Sichuan province, a region that's estimated…