Eclipse, the first Ethereum L2 based on Solana launches mainnet

Investors in the round included Ripple, SIX Fintech Ventures, and Middlegame Ventures. 539 Total views 5 Total shares Digital asset market maker Keyrock has raised $72 million in a Series B round of funding, according to an announcement on Nov. 30. Ripple, SIX Fintech Ventures, and Middlegame Ventures are among the investors in the round.Funds…

Multimedia film director and artist Yi Zhou is set to mint the first-ever royal nonfungible tokens, or NFTs, based on the story of Italy's House of Savoy. The digital works are made in collaboration with the House of Savoy's (non reigning) descendent, Emanuele Filiberto di Savoia, Prince of Venice.The House of Savoy is known for…

FTX founder Sam Bankman-Fried has received official criminal charges after the collapse of his cryptocurrency exchange, which is more than just a moral victory for the exchange’s roughly 1 million individual investors. While not locked in yet, things appear to be on track for these investors to take a more favorable tax position as SBF’s…

Eccentric cryptocurrency advocate John McAfee admitted his anonymity-oriented project Ghost “copy-pasted” parts of its whitepaper from the documentation for open-source privacy coin PIVX in a series of tweets today. He nonetheless appears to intend to sue PIVX for defamation. Ghost vs. PIVX — brief recapEarlier this week, PIVX developers claimed that the Ghost whitepaper was plagiarized…

It looks like crypto stakeholders turned out in force, despite the Treasury's best efforts to evade scrutiny. 2804 Total views 19 Total shares Despite many objections to the truncated timeframe, public comments are due tonight in response to the U.S. Treasury's proposal to require businesses like crypto exchanges to know the identities behind wallets with…

U.S. senators including Elizabeth Warren and Bernie Sanders claimed crypto tax evaders are siphoning off billions from the government. 174 Total views 16 Total shares A number of United States’ lawmakers have urged the Internal Revenue Service (IRS) and the Treasury to speed up the closure of tax loopholes being exploited by “crypto tax evaders.”In…

The chairman of Russia’s State Duma Committee on Financial Markets has said that a state-backed stablecoin would be a complete equivalent to the Russian fiat ruble in a digital space, state-operated Russian news agency RIA Novosti reported Nov. 7.Chairman Anatoly Aksakov said that the “crypto ruble,” which may appear after the adoption of laws regulating…

The Haeundae Beach System in Busan is part of a pilot project that aims to offer crypto payment solutions to beachgoers in the summertime. 930 Total views 19 Total shares A pilot project run by Bitbeat-affiliate company CIC Enterprise wants to provide crypto payment solutions at two of the busiest beaches of the country for…

He says that institutional players look for certain volume and market cap levels when considering altcoins. 1059 Total views 6 Total shares Could institutional investors begin expanding into altcoin purchases? Blockfi’s vice-president for Europe and Asia, David Olsson, mentioned liquidity as a component of consideration.Some digital assets on the market, including newer ones, may see…