Former Ava Labs exec reveals ‘Commonware’ crypto primitives framework
According to software developer Patrick O’Grady, Commonware raised $9 million from venture capital firms Haun Ventures and Dragonfly.
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FinCEN lists Binance among the top Bitcoin counterparties of Bitzlato
FinCEN placed Binance next to the darknet market Hydra as a major counterparty receiving Bitcoin from Bitzlato. 153 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe United States Financial Crimes Enforcement Network (FinCEN), a bureau of the Treasury Department, has argued that Binance is linked to the…

Jack Dorsey Gives $5M to Support UBI — Could Crypto Deliver it?
The Twitter CEO announced on May 21 that he would be giving $5 million to Humanity Forward, a UBI-proponent established by Andrew Yang. 1371 Total views 38 Total shares Jack Dorsey, CEO of Twitter and mobile-payment platform Square, is donating $5 million to Humanity Forward, a group launched by crypto-friendly former presidential candidate Andrew Yang,…

US House committee chair repeatedly presses SEC chair: ‘Is Ether a commodity or a security?’
Securities and Exchange Commission chair Gary Gensler has said the SEC considers Bitcoin a commodity, but refused to pin down Ether at an oversight hearing. 272 Total views 2 Total shares Own this piece of history Collect this article as an NFTPatrick McHenry, chair of the United States House Financial Services Committee, jumped right into…

Five Hours to Failure: The ‘Save Yam’ Proposal Is Falling Short
A Yam Finance code flaw saw the project ask investors to pledge to save the platform. Not enough have. 1661 Total views 14 Total shares The future of the Yam Finance yield farming protocol hangs in the balance as it awaits token deposits for a governance vote that could save the project.With less than five…

Aave v2 launches liquidity mining program targeting stablecoin borrowers
Aave has launched its v2 liquidity mining program, offering roughly $880,000 worth of governance token rewards to users daily until July 15. 493 Total views 2 Total shares Aave has launched liquidity mining incentives for its v2 protocol, paying out governance token rewards exceeding 20% to users who borrow stablecoins. At the time of writing, users…

5 largest regulated US digital asset managers hold over $46B of crypto
Cointelegraph Consulting’s 2021 ranking of the top five United States-based regulated crypto asset management firms highlights that Bitcoin’s explosive growth in price has catapulted many digital asset managers past the half-billion-dollar mark. As more and more investors are turning to the digital asset market, these companies are on track to becoming important players in the U.S.…

Ripple CTO clarifies on SEC appeal, highlights case complexity
According to David Schwartz, the SEC is seeking an appeal at this specific point based on its interpretation that the legal case has not yet concluded. 564 Total views 4 Total shares In a recent update on X (formerly Twitter), the chief technology officer of Ripple Labs, David Schwartz, brought attention to a recent development…

Buy the Pump, Sell the Dump — Does Momentum Investing Work in Bitcoin?
Since the start of the year, Bitcoin (BTC) price has been as high as $9,200 — a 2-month high — while going as low as $6,900 on Jan. 3. Bitcoin’s volatility is one of the most frequently discussed issues that arise when investors evaluate Bitcoin as an asset class. However, its volatile behavior is what…