Vitalik Buterin breaks down ‘Binius’ as a way to speed up zero-knowledge proofs
The Ethereum co-founder expects “many more improvements” in binary-field-based proving techniques in the months ahead.
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Deutsche Telekom joins Subsquid decentralized network
Deutsche Telekom’s latest partnership with Subsquid follows its recent announcement to expand into Bitcoin mining at BTC Prague.
Do Kwon had the right idea, banks are risk to fiat-backed stablecoins: CZ
Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of stablecoins. 183 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe death spiral of the Terra (LUNA) and TerraUSD (UST) ecosystem served as a catalyst to the 2022 bear market…
BIS-funded regulator to probe DeFi entry points like stablecoins
Despite providing many novel services, DeFi does not differ substantially from traditional finance in its functions, the Financial Stability Board stated. 208 Total views 7 Total shares Own this piece of history Collect this article as an NFTThe Financial Stability Board (FSB), the financial regulator funded by the Bank for International Settlements (BIS), is pushing…
US: Lawmaker Calls for More Action from Congress on Regulating Crypto
Congressman Bill Huizenga has urged for the U.S. Congress to focus on crypto regulation in an interview with Bloomberg July 27. Huizenga wants to see more oversight in what he considers the “muddied and fairly opaque” initial coin offering (ICOs) and digital assets markets. Speaking in his Capitol Hill office, Huizenga argued that Congress should…
Valkyrie’s latest ETF offering has exposure to Bitcoin
The filing specifies that Valkyrie’s ETF may invest up to 10% of its net assets in securities of Bitcoin mining firms, as well as up to 5% in the securities of pooled investment vehicles in the U.S. that hold BTC. 174 Total views 10 Total shares Crypto asset manager Valkyrie has launched an exchange-traded fund…
Oprah and The Rock collect crypto donations for Maui wildfires victims
The Rock and Oprah Winfrey launched the People’s Fund of Maui to provide direct financial support to those affected by the calamity. 95 Total views 1 Total shares The crypto community joins in to support the Maui community as a relief fund championed by A-list celebrities Oprah Winfrey and Dwayne ‘The Rock’ Johnson accepts donations
Crypto rug pulls: What is a rug pull in crypto and 6 ways to spot it
A rug pull is a type of crypto scam that occurs when a team pumps their project’s token before disappearing with the funds, leaving their investors with a valueless asset. Rug pulls happen when fraudulent developers create a new crypto token, pump up the price and then pull as much value out of them as…
Korean crypto exchanges are now in compliance with the Travel Rule
South Korean crypto exchanges have reached the government-mandated deadline to come into compliance with the so-called Travel Rule, but not all industry players are pleased with the measure.Starting today, Korean exchanges will flag any crypto transfers worth more than roughly $821. Transfers higher than that value will be restricted to user-verified wallets and a select…