DEF buys patent to stop lawsuits against MakerDAO and Compound

As Venezuela’s economy continues to endure hyperinflation, more businesses start accepting crypto. Over 20,000 shops and enterprises in Venezuela will reportedly start accepting crypto by June 1. This news was made available as part of an effort to drive crypto adoption in the hyperinflation-stricken country. Earlier today, Panama-based cryptocurrency merchant gateway startup, Cryptobuyer, announced a partnership…

Major cryptocurrency exchange Binance has launched the testnet of its new decentralized exchange, Binance DEX, according to a press release shared with Cointelegraph on Feb. 20.Per Binance, the exchange, powered by Binance Chain — a new blockchain and peer-to-peer (p2p) distributed system — is already available for customers. Users can create wallets and start exchanging…

Neil Tan, Chair of the FinTech Association of Hong Kong, said the opening of the financial industry to digital assets was “just a natural progression." 265 Total views 2 Total shares Own this piece of history Collect this article as an NFTCrypto-friendly Hong Kong is still gung-ho about giving its citizens access to crypto trading…

Bitcoin (BTC) Lightning Network nodes have claimed 2.2 BTC in “justice transactions” to deter potential thieves, a BitMex Research analysis revealed on July 15.A so-dubbed “justice transaction” is a punitive mechanism involving the closure of a lightning channel that is suspected to be attempting theft. As the report outlines:“[B]y design, when a thief attempts to…

“The approval of each and every Bitcoin-linked investment product strengthens our arguments about why the U.S. market deserves a spot Bitcoin ETF," said CEO Michael Sonnenshein. 591 Total views 28 Total shares Digital asset manager Grayscale reported overwhelming support in public comments for its application to launch a spot Bitcoin exchange-traded fund.In a Monday letter…

In my approximately two-decade career at Microsoft, I had the privilege and the opportunity to first work on the company’s emerging enterprise strategy, to architect and ship key enterprise technologies, and to build a strategic enterprise business and profit and loss. I think I can say with some level of credibility that I understand the…

When receiving new shirts you’d bought online, or bought some jeans from one of the fashion stores on your street, the question that may have come to mind then was, how did these items get to be in my hands? The answer is supply chains. Supply chains in the fashion industry organize people, activities and information…

New research from decentralized CPU-sharing network Golem shows a concept for identity authentication using Proof of Device, based around Intel’s SGX technology. 776 Total views 31 Total shares Decentralized CPU-sharing network, Golem, published its research into a Proof of Device, PoD, mechanism for user authentication, June 5. While still a proof of concept, the research…

Bitcoin’s (BTC) 43% rally from $29,482.61 on July 21 to $42,316.71 on July 30 has invigorated the bulls who had been sitting on the sideli. After the sharp rise, some analysts are debating whether Bitcoin could repeat its sharp bull run seen in 2013 and 2017.Vailshire Capital founder and CEO Jeff Ross highlighted that Bitcoin…