Aurora launches $90M fund to finance DeFi apps on Near Protocol

Polygon’s Mudit Gupta said that despite moving fast in theoretical security, the crypto space is “so far behind” when it comes to practical security. 253 Total views 17 Total shares While private or mnemonic keys offer many advantages for security, they also present practical challenges, according to Mudit Gupta, the chief information security officer of layer-2…

Judy Shelton, President Trump's nominee for the Federal Reserve board of governors, has advocated for getting back to a gold standard, possible "in a very cryptocurrency way." 1185 Total views 60 Total shares President Donald Trump’s nominee for the Federal Reserve board of governors is reiterating her advocacy for the gold standard — and adding…

Bitcoin (BTC) has stopped its decline and is attempting a recovery along with select altcoins. Some traders have been fearing a massive sell-off in Bitcoin but Capriole CEO Charles Edwards said that Bitcoin’s worst crashes have happened “due to miner capitulation (December 2018 and March 2020), when BTC fell below production costs.” However, the current…

Throughout the middle of March, many Americans received stimulus checks from the government, and while the payments — $1,400 for every U.S. citizen earning less than $80,000 annually — will be a blessing for millions in desperate economic straits as a result of the COVID-19 crisis, it has raised again the specter of inflation. And…

Global monetary watchdog, the Financial Action Task Force (FATF), has added its voice to the growing chorus of concerns over Facebook’s Libra and other stablecoins.Mass adoption of such currencies could hinder efforts to detect and stamp out money laundering and terrorist financing, Reuters reported on Oct. 18.Managing the potential risks of mass adoptionSpeaking to reporters…

The electronic payment provider is permanently closing operations due to the inability to satisfactorily meet the standards of the FCA after suspending operations for three years. 273 Total views 3 Total shares The electronic payments provider ePayments is putting the final nail in the coffin of its operations. ePayments issued email notices to clients on…

Russian Premier League soccer champion Zenit St. Petersburg is the latest high-profile club to enter the blockchain gaming world. 1186 Total views 17 Total shares Zenit St. Petersburg — the top soccer club in Russia's Premier League — has signed on to the Ethereum blockchain-based fantasy soccer game Sorare platform.As of Oct. 15, Zenit players…

One CFTC commissioner dissented, calling the action “regulation by enforcement.”