Oklahoma senator introduces Bitcoin Freedom Act for BTC payments
“If Washington D.C. can ruin something, it likely will. And it is certainly ruining the US Dollar,” said Senator Deevers after introducing the bill.
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Active user wallets on Ethereum DeFi have dipped 40% in one month
Wallets interacting with Ethereum-based decentralized finance protocols have dipped significantly since mid-February. 238 Total views 1 Total shares According to DappRadar, the unique active wallet count on the Ethereum DeFi market has seen a significant drop. Between mid-February and the time of writing, unique active wallets on Ethereum DeFi have dipped almost 40%.While Ethereum (ETH)…

Binance Labs Leads $5.7M Series A Round to Launch FIO Protocol
A venture arm of major global crypto exchange Binance has led a $5.7 million funding round to launch new decentralized blockchain protocol, the FIO Protocol.According to a press release shared with Cointelegraph on Sept. 5, Binance labs has invested in Denver-based blockchain usability firm Dapix, which is developing the Foundation of Interwallet Operability’s (FIO) Usability…

Judge has ‘strong views’ about Coinbase inquiry into Gensler’s private msgs
Judge Katherine Polk Failla said she would hear from SEC and Coinbase lawyers on July 15 whether SEC Chair Gary Gensler’s private communications on crypto were fair game.

Focus on NFTs and interoperability pushes Icon (ICX), Ark and Axie Infinity higher
High levels of excitement continue to surround all things NFT-related as nonfungible art, collectibles and new business models built on the nascent sector attract a diverse array of investors. In addition to the development of lucrative secondary markets for NFT listings and sales, crypto projects that are focused on NFTs, DeFi and cross-chain interoperability have also…

Robinhood axes almost 1 in 10 staff members as stock hits all-time low
“We determined that making these reductions to Robinhood’s staff is the right decision to improve efficiency,” noted Robinhood CEO and co-founder Vlad Tenev. 1194 Total views 4 Total shares Popular retail trading platform Robinhood has fired 9% of its workforce amid a firesale of its stock that has seen HOOD plunge to all-time lows. In…

State Street reveals digital asset platform for institutional clients
The firm revealed it has “$44.3 trillion in assets under custody and/or administration and $4.4 trillion in assets under management.”

SingularityDAO appoints Chris Poulin as CTO and head of AI
The merger between artificial intelligence and decentralized finance is growing. SingularityDAO focuses on creating AI-driven investment portfolios. 616 Total views 30 Total shares Decentralized finance (DeFi) portfolio manager SingularityDAO has appointed research scientist Chris Poulin as its new chief technology officer and head of artificial intelligence, underscoring the company’s ambitions for AI-driven investment solutions.In his…

Beverage Turned Bitcoin Mining Company Long Blockchain Moves into Loyalty Market
Long Blockchain Corp., the drinks manufacturer turned blockchain startup, announced that it had again changed its line of business and will now also focus on loyalty schemes, local news outlet Long Island Business News reported July 31. The New York-based company, which saw major stock price volatility after it unexpectedly rebranded to Long Blockchain from…