Vancouver mayor plans to introduce ‘Bitcoin-friendly city’ plans
The proposed plan by Vancouver Mayor Ken Sim for the city’s “diversification of financial resources” suggested an investment in Bitcoin as a reserve asset.
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Turns out, it’s pretty difficult to insure crypto users and platforms
Crypto insurance providers spend enormous amounts of time judging whether to provide coverage to a crypto company, and almost none of them offer assurances to individuals, insurance and crypto executives told Cointelegraph.Last year saw $3.9 billion stolen from crypto companies, decentralized finance platforms and users, a massive 22% rise from the prior year — and…
Ethereum validators may have to stake 64X more ETH, devs discuss
The proposal received mixed reactions from the crypto community, with some users stressing that it would make the network more centralized. 216 Total views 2 Total shares Ethereum core developers plan to implement a 64-fold increase in the minimum amount of staked Ether (ETH) required to become a validator, from 32 ETH to 2048 ETH.The…
Arca, Blocktower to merge into unified crypto platform
BlockTower’s venture capital arm, BlockTower Venture Capital, will continue to operate independantly.
US legislators introduce bill for in-depth study of blockchain in commerce
Three Representatives are calling on the Secretary of Commerce to study blockchain for consumer protection. A trio of United States House Representatives — two Democrats and a Republican — have officially introduced a new bill to spur more in-depth analysis of blockchain technology in Congress.On Sept. 1, Rep. Darren Soto (D-FL), Rep. Brett Guthrie (R-KY)…
Alameda Research invested $1.15B in crypto miner Genesis Digital: Report
Sam Bankman-Fried was consulted on the capital injection, which was made before crypto prices plummeted. Own this piece of crypto history Collect this article as NFTCrypto mining company Genesis Digital Assets was the biggest venture investment made by Alameda Research, FTX's sister company and in the center of the exchange's bankruptcy. Documents disclosed by Bloomberg…
Ethena to launch new stablecoin backed by BlackRock’s BUIDL
Ethena’s synthetic stablecoin USDe can benefit from incorporating UStb during periods of weak funding conditions, Ethena Labs said.
Chainalysis announces $170M funding round, platform now valued at $8.6 billion
This is the tenth and largest funding for the blockchain aggregation and reporting service since its inception in October 2014. Chainalysis, a blockchain analytics provider, has announced its $170 million Series F funding round. The fresh funding succeeded its $100 million raise back in June 2021 and more than doubly exceeded its valuation of $4.2 billion…
Core Ethereum developer details changes to expect after the Merge
With the Merge still at least three months away, core Ethereum developer Time Beiko offered a few suggestions and reminders for developers and users of Ethereum. 436 Total views 8 Total shares Core Ethereum (ETH) developer Tim Beiko has outlined a series of suggestions and expectations about the upcoming Merge for applicatio and protocol developers…