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An unusual phenomenon called 'backwardation' is taking place in Bitcoin (BTC) futures trading, mainly the June contract, which expires on June 25. The fixed-month contracts usually trade at a slight premium, indicating that sellers request more money to withhold settlement longer. Futures should also trade at a 5% to 15% annualized premium on healthy markets, in…

This “Crypto City” guide looks at Melbourne’s crypto culture, the city’s most notable projects and people, its financial infrastructure, which retailers accept crypto and where you can find blockchain education courses — and there’s even a short history with all the juicy details of famous controversies and collapses.Fast factsCity: Melbourne Country: Australia Population: 5.15M Established:…

Researchers have re-engineered the Hyperledger Fabric to support almost seven times more transactions per second (TPS), according to a May 2 news release from Canada’s University of Waterloo.A new series of optimizations increased the volume of data that the blockchain — used by financial institutions, IT giants and engineering companies — can process. Where it…

Chris Georgen, founder of the social impact-focused blockchain company Topl, believes that many consumers are unaware of the consequences of their buying habits. “Forced labor, deforestation, the destruction of endangered habitats… As responsible citizens of the world, we wouldn’t knowingly support, condone or participate in anything like this,” he tells Magazine.  “Unfortunately, too often, what…

The United States Government Accountability Office’s (GAO) Innovation Lab posted ads for job positions to develop “use case prototypes” for blockchain technologies in late-March.GAO is the supreme audit institution of the U.S. government and provides evaluation and investigative services for Congress.GAO to explore prototype applications for DLTThe two positions seek an ‘Interdisciplinary Computer Engineer/Computer Scientist’…

The protocol announced an agreement to buy out 100% of FTX Ventures’s and Alameda Research’s equity position. 675 Total views 5 Total shares Interoperability protocol LayerZero Labs announced on Nov.10 an agreement to buy out 100% of FTX Ventures’ and Alameda Research’s equity position, including token warrants and all agreements between the parties. In March, the…

Russia is apparently becoming a more attractive market for cryptocurrency firms as another major crypto platform is adding Russian language support.Poloniex, a popular crypto exchange originally based in the United States, has begun adding the Russian language on its platform just three months after leaving the U.S. market.Announcing the news in a Feb. 13 blog…

An ETH wallet tied to Mexican national Mario Alberto Jimenez Castro was allegedly used for illicit fentanyl sales in the United States. 197 Total views 6 Total shares The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has added a crypto wallet allegedly connected to a major international crime

“We’re not just talking about crypto assets, or cash assets, or physical assets — we’re also talking about information, and information here is an asset,” said James Bromley. 949 Total views 20 Total shares James Bromley, a partner at law firm Sullivan & Cromwell representing debtors in FTX’s bankruptcy case in the District of Delaware,…