Strategic blockchain investments by HTX Ventures: A mid-year analysis

Major United States-based cryptocurrency exchange Coinbase shut down its Chicago office and scaled down the development of its matching engine, Fortune reports on April 23.Per the report, the exchange will consolidate the high-frequency trading matching engine efforts into its San Francisco office. Coinbase also purportedly laid off about 30 employees and will relocate some to…

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.Cointelegraph interviewed Velvet Capital’s CEO on the challenges facing DeFi and the key barriers it needs to overcome to go mainstream. Cosmos-based Umee and Osmosis merge to create

Boomers down under are worried about volatility, but millennials are filling their crypto bags. 841 Total views 1 Total shares Research has revealed that one in five Australians believe that crypto is the key to homeownership as confidence in traditional savings dwindles.The survey, conducted by cryptocurrency exchange Kraken, found that an increasing number of young…

The dedicated office would oversee "all non-defense related deployment and activities related to blockchain technology within the Federal Government.” 4565 Total views 42 Total shares A new bill filed on Thursday, H.R.9067, seeks to create an office that will “coordinate” federal applications of blockchain technology. Sponsored by Rep. Darren Soto, a Democrat representing Florida’s 9th district,…

Regulatory attitudes toward crypto are constantly evolving, often at a slower pace than the crypto industry itself. Institutions and the broader public will not seriously consider working with cryptocurrencies without clear and comprehensive regulation. Furthermore, the industry suffers from widespread scams, phishing and hacks that very often have no legal repercussions. This bolsters the audacity…

Germany becomes the latest European nation to officially question OpenAI’s compliance with GDPR. 350 Total views 6 Total shares Own this piece of history Collect this article as an NFTOpenAI faces another hurdle in its quest to continue doing business in the European Union as German authorities have launched an inquiry into the company’s privacy…

Russian police arrested a 30-year-old crypto miner who they accuse of stealing over $494,000 in electricity from the state power network. 680 Total views 22 Total shares Police arrested a resident in Makhachkala, Russia, on June 9, who allegedly created an illegal massive crypto-mining structure that connects around 500 platforms to the local power supply…

FTX CEO Sam Bankman-Fried says stablecoins could be the most straightforward route to crypto industry regulation in revealing tweets. 807 Total views 6 Total shares FTX founder and CEO Sam Bankman-Fried, also known as “SBF,” rounded off 2021 on an optimistic note. SBF waxed lyrical about the crypto market’s state in 2021 while revealing the…

Solana (SOL) started Friday at a new record high as investors continued to bet positively on its success in the decentralized finance (DeFi) and nonfungible tokens (NFT) sector.The SOL/USD exchange rate reached $146.28 for the first time in history, following a 35% month-to-date rally. The huge upside move lifted the pair’s returns for the year…