Artist Ai Weiwei Uses Ethereum to Make Art About ‘Value’

The Takeaway: Projects like MakerDAO, Compound, dYdX and Dharma realized in 2018 they were a distinct group with shared interests within the cryptocurrency industry.Finance has been part of Ethereum from the beginning, but the first attempt to do finance on the "world computer" ended in disaster in 2016: The DAO.A unit of account was key…

Sep 10, 2020 at 16:50 UTCRep. Darren Soto (in foreground) (Rep. Ruben Gallego/Wikimedia Commons)Rep. Darren Soto (D-Fla.) – sponsor of a number of legislative proposals around blockchain technology – is accepting cryptocurrency donations for his reelection campaign. Soto made the announcement during the U.S. Blockchain Debate on Wednesday, hosted by Soto's campaign and the Chamber…

The feature, added to alleviate fee pressure during Bitcoin’s bull market, could be live within a month's time.Jan 22, 2021 at 2:00 p.m. UTCUpdated Jan 22, 2021 at 2:25 p.m. UTCOKCoin to Integrate Bitcoin’s Lightning Network in Q1OKCoin is the latest crypto exchange to support Bitcoin’s Lightning Network.Per details shared with CoinDesk, the exchange is…

Another challenge to Section 230 of the Communications Decency Act, which protects tech platforms from being liable for various forms of content posted on them, has re-emerged, with bipartisan support. It takes a page from the Banking Secrecy Act (BSA) but, rather than filing Suspicious Activity Reports (SARs), the bill would force tech companies to…

Jan 15, 2020 at 22:27 UTCCredit: Nicolas Maduro/TwitterVenezuela’s Maduro: Airlines Must Use Petros to Pay for FuelVenezuelan President Nicolas Maduro has declared all flights out of the country must use the oil-backed petro cryptocurrency to pay for fuel.In his annual speech to the Venezuelan Constituent Assembly, Maduro announced the state-owned oil company, PDVSA, would only…

The Securities and Exchange Commission’s lawsuits against Binance and Coinbase this week have set up a high-stakes battle that will engage all three branches of the U.S. government in a competition for power, determine whether the crypto industry will decamp the U.S. for good, and define the future of digital money.The SEC’s aggressive actions against…

Tokenization platform Libre, which is working with Nomura's Laser Digital, Brevan Howard's WebN Group and Hamilton Lane, goes live.Libre has added a tokenized version of a BlackRock money-market fund so investors can earn yield while parking their capital.CEO Avtar Sehra says collateralized lending with Nomura's Laser Digital as liquidity is planned for early in the

Jul 22, 2020 at 18:33 UTCTotal ETH Option Open Interest (via Skew)Open Interest in Ether Options Jumps to New Record HighInvestor interest in ether options is stronger than ever, possibly due to excitement surrounding Ethereum’s long-awaited protocol change, dubbed ETH 2.0.  Data from major exchanges – Deribit and OKEx – shows that open interest in…

Parade of military forces, along with photographs of Qasem Soleimani, Tehran, Iran, May 31, 2019. (Image via Shutterstock)Bitcoin jumped the most in two weeks after a U.S. drone strike killed a top Iranian military commander, fueling speculation that heightened geopolitical turmoil might spur demand for the cryptocurrency in 2020. The digital asset’s price jumped 5 percent…