Wikipedia Competitor Everipedia’s Blockchain Is Now Live
Blockchain-based Wikipedia competitor Everipedia launched its mainnet on Thursday, based on the EOS network.
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U.S. Commodities Agency May Change Risk Rules to Consider Crypto
The U.S. Commodity Futures Trading Commission (CFTC) has proposed an overhaul of its rules for risk management, and Commissioner Christy Goldsmith Romero said the changes should insist firms prepare themselves for crypto volatility and the risks from holding customers’ digital assets.The CFTC issued a proposal Thursday to invite comments on possible changes to the agency’s…
Ethereum Foundation Weighs $15 Million Bid to Build ‘Randomness’ Tech
news At the cutting edge of blockchain research is a potential $15 million dollar venture by the Ethereum Foundation centered around a technology called Verifiable Delay Functions (VDFs). Acting as a source of computer-generated randomness that is unpredictable and unbias-able, VDFs are envisioned for use in a highly-anticipated “proof-of-stake”(PoS) system called Serenity which the ethereum network…
Gary Gensler’s Bitcoin ETF Clown Show
As if the egg on his face wasn’t enough, Gary Gensler also has sour grapes. An hour after the U.S. Securities and Exchange Commission (SEC), the agency he leads, approved just under a dozen spot bitcoin ETFs, Gensler issued a statement making absolutely clear the move is absolutely not an endorsement of bitcoin (BTC).This is
WATCH: UNICEF’s Crypto Fund Plans to Pay for Internet in Public Schools
news Plans are in place to allow non-profit UNICEF to use cryptocurrencies donated by the Ethereum Foundation and other organizations to fund internet connectivity in public schools around the world. Announced at ethereum developer conference Devcon, UNICEF unveiled a cryptocurrency fund to receive, hold, and distribute bitcoin and ether donations . Making the first contributions to…
Tether
Tether was one of the first cryptocurrencies to peg its market value to a fiat currency. Launched in July 2014, Tether, originally called “Realcoin”, valued each token at $1.00 to reduce the friction of moving real currency throughout the cryptocurrency ecosystem. Due to its dollar peg, Tether and other similar cryptocurrencies have been dubbed “stablecoins”.…
A More Than $1T Bitcoin DeFi Opportunity
Since its inception in 2009, bitcoin (BTC) has steadily gained adoption and now has a market capitalization of over $1.3 trillion. It was designed to be a decentralized currency and real-time gross settlement system. The decentralized, protocol-based approach enables holders to shift trust from a centralized actor to a decentralized, code-enforced protocol.You're reading Crypto Long
Regulation News Moves Bitcoin Prices, BIS Report Says
A new report from the Bank of International Settlements (BIS) contends that bitcoin markets are swayed by news events related to regulation. "While cryptocurrencies are often thought to operate out of the reach of national regulation, in fact their valuations, transaction volumes and user bases react substantially to news about regulatory actions," argues the report,…
Opporty Founder Calls SEC Suit ‘Grossly Overstated’ in Public Defense
Jan 28, 2020 at 14:00 UTCUpdated Jan 28, 2020 at 14:07 UTCCredit: Andriy Blokhin / Shutterstock.comOpporty Founder Calls SEC Suit ‘Grossly Overstated’ in Public DefenseThe founder of blockchain marketplace Opporty has said the Securities and Exchange Commission's (SEC) legal case against the firm could have repercussions for other crypto companies. In an eight-page open letter…