Unstoppable Domains to Roll Out Web3 Messaging Service on Polygon
Sandy Carter, chief operating officer and head of business development at Unstoppable Domains, told CoinDesk that its latest messaging service is another step in the company’s mission of fostering Web3 identity and bringing builders together through a Web3 native communication tool that also ensures privacy, a vital feature for sensitive discussions as projects develop.
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Polygon Becoming Increasingly Independent From Ethereum as App Numbers Rise: Report
How long does a layer 2 remain a layer 2?A new report released on Wednesday from blockchain development platform Alchemy shows that the number of apps on self-described Ethereum layer 2 Polygon is growing at a rapid rate and that the ecosystem is increasingly becoming independent from projects on the Ethereum base layer.More than 3,000…

Here’s Another, Surprising Reason Why Crypto Prices Fell – Derivatives
Mar 10, 2020 at 20:55 UTCUpdated Mar 10, 2020 at 21:02 UTCHere’s Another, Surprising Reason Why Crypto Prices Fell – DerivativesThe traditional markets' recent sell-off drove cryptocurrency prices down, but the way it did so was more complicated than even many of the most sophisticated players in crypto were able to grasp. That’s because crypto’s…

Enterprises Would Use DeFi, if It Weren’t so Public
Aug 15, 2020 at 12:00 UTCUpdated Aug 15, 2020 at 12:42 UTC(Stefan Steinbauer/Unsplash)Enterprises Would Use DeFi, if It Weren’t so PublicPaul Brody is a Principal and Global Blockchain Leader at EY. Decentralized finance (DeFi) services are booming, but there’s indication it’s recycling the same money around and around. To grow this market, enterprises need to…

JPMorgan May Merge Its Blockchain Project With Ethereum Studio Consensys: Report
Feb 11, 2020 at 12:11 UTCUpdated Feb 11, 2020 at 12:34 UTCBanking giant JPMorgan Chase may soon merge its Quorum blockchain project with ConsenSys, the ethereum-focused software developer and investor.According to a Reuters report Tuesday citing "people familiar with the plans," while the terms of the deal currently under discussion are still not agreed, the…

Binance to Advise Ukraine Government on Upcoming Crypto Regulation
news Malta-based cryptocurrency exchange Binance has agreed to help Ukraine prepare new rules for cryptocurrencies, as well as digitize the country’s finances. Announced by the exchange Wednesday, Ukraine’s Ministry of Digital Transformation has signed a memorandum of understanding (MoU) with Binance to work together on “establishing the potential legal status of virtual assets and currencies…

Market Wrap: Bitcoin Steady at $7.5K as Short Sellers Back Off
Apr 24, 2020 at 20:29 UTCUpdated Apr 24, 2020 at 20:44 UTCMarket Wrap: Bitcoin Steady at $7.5K as Short Sellers Back OffSince Thursday’s jolt in bitcoin prices, the cryptocurrency has traded in a tight range close to the $7,500 level. It has not only come back from the losses suffered in March, it’s also showing…

Coinbase Resumes Bitcoin Buying and Selling in Wyoming
Three years since Coinbase pulled out from Wyoming, it is now returning to the Cowboy State after renewing its money transmitter license.

USD Coin Arrives: Circle’s Crypto Stablecoin Is Now Trading
Four months after first announcing the creation of a dollar-backed stablecoin, cryptocurrency finance firm Circle is releasing it to the world. Circle co-founders Sean Neville and Jeremy Allaire wrote in a blog post Wednesday that its USD Coin (USDC), developed with help from the company's CENTRE affiliate consortium, would act as a mean to tokenize…