UMA Protocol

Aug 21, 2020 at 18:49 UTCUpdated Aug 21, 2020 at 20:26 UTC(canadastock/Shutterstock)Zug-based decentralized finance (DeFi) data aggregator DIA announced on Friday it has raised $15 million through the sale of its governance token. In a press statement emailed to CoinDesk, the Swiss firm said this was the first round of its token sale. After a…

Nov 29, 2019 at 17:30 UTCUpdated Nov 29, 2019 at 17:30 UTCCisco Patent Would Secure 5G Networks With a BlockchainNetwork tech giant Cisco has won a patent detailing how it could leverage blockchain to secure the data in 5G telecommunication networks.The San Jose, Calif.-based company submitted a patent application in June 2018 for a blockchain…

Bitcoin's (BTC) monthly close today may provide a strong directional bias to the leading cryptocurrency. Notably, things may get tougher for BTC if prices fail to defend the 21-month exponential moving average (EMA), currently at $6,108, as the EMA has been acting as a strong support since June. This is evident from the fact that…

Dorsey's gift is the latest in a stream of donations to Coin Center. Jack Dorsey speaks at Oslo Freedom Forum 2020 (Screenshot)Feb 10, 2021 at 7:28 p.m. UTCTwitter CEO Donates $1M to Coin CenterJack Dorsey donated $1 million to cryptocurrency policy think tank Coin Center, per a tweet announcement from the organizations director Jerry Brito.…

Wormhole, a communication bridge between Solana and other top decentralized finance (DeFi) networks, has added user interface support for the Terra network.The move allows users to port digital assets between Terra, Solana (SOL), Ethereum (ETH), and Binance Smart Chain (BSC) via a single unified interface without the need to double wrap Terra tokens.Like stablecoins whose…

Jack Schickler is a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium. He doesn’t own any crypto.Texas and other U.S. state financial regulators have ordered a crypto "investment scam" purporting to use artificial intelligence (AI) to cease all activity in an order from Wednesday.The scheme operated by Horatiu Caragaceanu, The Shark of Wall…

The U.S. Securities and Exchange Commission settled charges with decentralized finance lending platform Rari Capital and its co-founders, alleging that it operated as an unregistered broker, offered unregistered securities offerings and misled investors. Jai Bhavnani, Jack Lipstone and David Lucid, the platform's co-founders, also settled charges with the SEC, the regulator announced Wednesday. Rari offered

The top Republican candidate dropped out of the U.S. House of Representatives speaker race, leaving Republicans in turmoil and crypto legislation in uncertainty.As long as the role goes unfilled, House Financial Services Committee Chairman Patrick McHenry can't pay attention to crypto, because he was picked as acting speaker.Republicans in the U.S. House of Representatives are

Jun 26, 2020 at 10:50 UTCUpdated Jun 26, 2020 at 11:31 UTC(Rico Markus / Shutterstock.com)Crypto.com has confirmed to CoinDesk it is moving to refund customers as the U.K. regulator orders Wirecard’s card issuer to cease all operations immediately. Crypto.com CEO Kris Marszalek told CoinDesk they were refunding 100% of customer funds as the Financial Conduct…