StarkWare launches $1M research fund for ZK Bitcoin scaling
StarkWare’s fund seeks to promote research into OP_CAT and demonstrate its potential to unlock and benefit Bitcoin and the blockchain community in general.
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Bitcoin Has Soared Above Intrinsic Value During Latest Rally, JPM Strategists Claim
Strategists from United States banking giant JPMorgan Chase (JPM) have argued that bitcoin (BTC)’s recent rally has ostensibly soared past what they calculate to be its intrinsic value. Their analysis was reported by Bloomberg on May 20.The strategists — who reportedly include JPMorgan global market strategist Nikolaos Panigirtzoglou — judge that the top coin has recently…
Blockchain firm raises $25M to develop third-generation architecture
Intent-centric blockchain protocol Anoma secures $25 million in funding to continue developing its third-generation architecture. 434 Total views 2 Total shares Swiss nonprofit Anoma Foundation has secured a significant funding boost to continue the development and research of its third-generation blockchain architecture.A third fundraising round secured $25 million for the organization, which is building what…
Crypto should become a regular part of TradFi within 5-10 years: Exchange CEO
Bittrex Global CEO Oliver Linch believes crypto conferences won’t exist in five to 10 years — because crypto will become just a part of traditional finance. 327 Total views 4 Total shares Crypto needs to establish itself as a “brand new” component of traditional finance, rather than try to squeeze itself into existing financial products,…
Bitfinex DeFi Offshoot Burns $20M Tokens in Bid to Drive DEX Adoption
DeversiFi, the decentralized exchange (DEX) spin-off of former Bitfinex sister exchange Ethfinex, has burned $20 million worth of its governance and utility token, Nectar (NEC).According to a statement, March 30, this is designed to drive DEX adoption after large centralized exchanges struggled to cope during the recent cryptocurrency sell-off.Governance token switches to deflationary modelThe Nectar…
Tokens but not crypto: Nigeria SEC prepares new digital asset rules
Nigeria’s securities regulator will take at least 10 months to determine whether to register a digital asset-related company. 298 Total views 16 Total shares Own this piece of history Collect this article as an NFTNigeria, one of the world’s most curious nations about cryptocurrencies like Bitcoin (BTC), is preparing new industry regulations for digital asset…
JPMorgan Chase reportedly shuts down bank accounts of Bitcoin mining firm
Delaware-based Compass Mining offers U.S. citizens exposure to Bitcoin mining via its private infrastructure. 2179 Total views 58 Total shares American banking giant JPMorgan Chase has reportedly blocked all account activities of Compass Mining, a Bitcoin (BTC) mining company based out of Delaware. The information came to light when Compass Mining CEO Whit Gibbs announced:“Shoutout…
North Korea Needs Its Own National Crypto, CBDC Fever Spreads in Asia
It seems that a movement to create a national cryptocurrency is gaining momentum in Asia. Following China, the North Korean authorities announced their readiness to issue digital money and even indicated the availability of all required resources — both technical and human — to implement this task. Will the government of the most isolated country in…