Nancy Pelosi mulls supporting Republican’s FIT21 crypto bill: Report
The former House Speaker is reportedly considering support for the Republican crypto legislation, breaking from ranking Democrats.
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Grayscale CEO Michael Sonnenshein steps down
The CEO will be replaced by Goldman Sachs executive Peter Mintzberg effective Aug. 15.
Successful smart cities will be impossible without decentralized techs
Smart cities are steadily garnering attention worldwide as they become points of aspiration for many jurisdictions. There is a very clear relationship in these urban utopias between the citizens for whom they are built and the systems, networks and devices that enable their safe, secure and efficient operation. Most importantly, they will be built on…
Fortune 500 firm Geely to launch joint blockchain venture in China
A Swiss blockchain developer and Geely will provide enterprise blockchain solutions to clients, with a focus on digital identity, regtech and privacy enhancement technologies. 3198 Total views 14 Total shares Swiss enterprise blockchain developer, the Concordium Foundation, has signed a joint venture agreement with the $200 billion Chinese conglomerate, Geely Holding Group — the largest…
Balancer protocol launches version 2 of its automated market maker
Automated market makers, or AMMs, have become a staple of the rapidly growing DeFi industry. 2343 Total views 10 Total shares Balancer, a leading automated market maker, has launched version 2 of its protocol, promising faster speed, lower costs and improved liquidity. In addition to revamping the user interface, Balancer’s backend will provide more efficient routing…
Coinbase officers, board members face suit over alleged insider trading during listing
The suit charges the alleged inside traders saved over $1 billion by selling their shares when the company went public, despite knowing they would lose value. 108 Total views 1 Total shares Own this piece of history Collect this article as an NFTA Coinbase shareholder has filed a stockholder derivative complaint against some of the…
Another court applies the Howey investment contract analysis to crypto
On June 25, 2020, the United States Securities and Exchange Commission brought suit in the Northern District of California against NAC Foundation LLC, also known as the NationalAtenCoin Foundation, and Rowland Marcus Andrade, the company’s CEO, alleging that the company had violated the federal securities laws by selling an unregistered, pre-functional version of an “Anti-Money…
Hash Rate and Bitcoin Price During Mining Events: Are They Related?
On Saturday Bitcoin (BTC) price dropped below $9,000 again, increasing the uncertainty surrounding future price estimates and reminding investors that the Coronavirus continues to impact markets across the world.Cryptocurrency market daily performance. Source: Coin360Interestingly, Bitcoin’s hash rate reached an all-time high on March 5 - 157 quintillion hashes per second - according to the available…
YouTube’s Algorithm Is Punishing Crypto Content, and No One Knows Why
On March 16, YouTube released a statement warning its creator community that video removals may increase during the coronavirus pandemic. The popular video-sharing platform said that its system currently relies on a combination of people and technology, noting that machine learning is being leveraged to detect potentially harmful content. Once these algorithms find “harmful content,”…