Gate Ventures, Movement Labs, Boon Ventures to launch $20M crypto fund
The fund will support protocols targeting the Move programming language and interoperability with the Ethereum ecosystem.
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Gas tokens gain 300% as the quest for Ethereum network alternatives expands
Network congestion and high transaction costs on the Ethereum (ETH) network have been a persistent issue for investors and developers for the past year and this has shone a spotlight on blockchain projects that offer a solution to these issues. One class of tokens that has received a boost in both trading volume and price over…

Crypto enthusiasts are wrong to target Gary Gensler
The animus of the entire crypto world is focused on Securities and Exchange Commission Chair Gary Gensler.Critics argue that he paints cryptocurrencies with too broad a brush. They argue that he gaslights well-meaning entrepreneurs by encouraging them to “come in and register,” knowing his process is set up for them to fail. They argue he…

UK court rules Tether is property in first English law post-trial crypto ruling
It comes a day after a UK government bill aimed to clarify that crypto was “personal property” under property laws.

OKEx Crypto Exchange Lists Bitcoin Cash ABC Under Original Bitcoin Cash Ticker
The Malta-based cryptocurrency exchange OKEx announced that it will list Bitcoin Cash ABC under the original Bitcoin Cash ticker BCH, according to an official statement Dec. 11.According to the announcement, the sixth largest crypto exchange will change the ticker of Bitcoin Cash ABC from BCHABC to BCH. It will also change the Bitcoin Cash SV…

Coinbase CEO on its Wells Notice: SEC is like soccer referees in a game of pickleball
Brian Armstrong made the interesting analogy when asked to explain the firm's recent "Wells Notice" in "NFL terms." 358 Total views 3 Total shares Own this piece of history Collect this article as an NFTBrian Armstrong, the CEO and co-founder of crypto exchange Coinbase has compared the Securities and Exchange Commission (SEC) to “soccer refs”…

El Salvador launches first Bitcoin mining pool as Volcano Energy partners with Luxor
El Salvador’s ambitious renewable energy Bitcoin mining operation welcomes its first mining pool as Volcano Energy partners with Luxor. 402 Total views 3 Total shares El Salvador officially launched its first local Bitcoin (BTC) mining pool as the Volcano Energy project begins mining blocks through Lava Pool in partnership with Luxor Technology.The Bitcoin-friendly country’s $1

Italian gov’t to ramp up surveillance of crypto market
The latest draft policy stipulated fines between 5,000 and 5 million euros ($5,400–$5.4 million) for market manipulation and other financial crimes.

Polkadot Officially in Mainnet as Governance Removes Admin Rights
Polkadot is now officially in mainnet mode as the last centralizing shackle has been thrown off by the network. 671 Total views 8 Total shares The Polkadot blockchain is now fully decentralized and permissionless after a decision passed by community governance removed the admin rights enjoyed by the Web3 Foundation.Gavin Wood, the co-founder of Polkadot…