DEF buys patent to stop lawsuits against MakerDAO and Compound

In addition to “smart accounts” Ethereum adoption will be boosted by Web3 gaming along with zkEVM scaling and security, says Laura Shi. Account abstraction, also known as “smart accounts” could eventually onboard a billion users from the Asia region to Web3, according to an executive at Ethereum software solutions provider ConsenSys.Speaking to Cointelegraph, the director…

Crypto industry is coming to save the troubled Euro monument in Frankfurt after traditional banks refused to support the symbol of Eurozone decision-making. 144 Total views 17 Total shares The paths of traditional finance and the cryptocurrency industry have intersected again, with a crypto startup coming to save the iconic Euro monument in Frankfurt.Frankfurt-based crypto…

Eugene Kaspersky, the CEO of the cybersecurity giant Kaspersky, stated in a recent interview that “cryptocurrencies are a great idea, but the world is not ready for them yet.” Kaspersky made the statement to financial news website Arabian Business on March 1.Kaspersky elaborated, stating that he believes that in the future — “perhaps in a…

The news surrounding BlackRock’s application for a spot Bitcoin (BTC) exchange-traded fund (EFT) sent the asset’s price from its local lows in mid-June to a strong monthly close of +12%. To most observers, this was a sign that institutional investment into the cryptosphere is once again on the horizon. A future approval of a spot…

Bitcoin (BTC) looked poised to give up $27,000 as support on May 17 with traders lying in wait for new lows.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewWhales meet low liquidityData from Cointelegraph Markets Pro and TradingView showed BTC/USD trading near $26,800 at the time of writing.The pair had staged multiple crosses of the $27,000…

Ether (ETH) took charge as a new month begins and the second-largest cryptocurrency by market capitalization rallied to a new all-time high at $3,338. This has many analysts shouting out that a new 'altcoin season' has commenced. Meanwhile, Bitcoin  (BTC) price is continuing to meet resistance around the $56,000 to $58,000 level. Data from Cointelegraph Markets and TradingView…

Monday proved to be a surprisingly fruitful day for Bitcoin (BTC) price as the digital asset rallied 12.73% to $6,599 before pulling back to $6,380 a few hours later. Despite gloomy news of the U.S. reaching 3,000 deaths from the Coronavirus and major retailers furloughing 500,000 workers, traditional markets also surged on Monday. The S&P 500…

"We’re not trying to grow really significantly, but resources to grow at least six percent to grow our enforcement arm in this space," said Gary Gensler. 129 Total views 1 Total shares Gary Gensler, chair of the United States Securities and Exchange Commission, or SEC, has cited concerns about cryptocurrency enforcement in its budget request…