Cryptocurrency company Coinbase withdrew from the American Blockchain Association after the Binance US exchange joined it. “It is with great disappointment that I announce my immediate withdrawal from the Blockchain Association,” wrote Coinbase's Hermine Wong. "This means Coinbase is...
Facebook has unveiled a new financial unit called Facebook Financial, which is going to be directed by the co-founder of the Libra blockchain project David Marcus. “Today, we are creating a new group that will monitor everything related to payments / financial services on Facebook,” said...
After Pavel Durov's team refused to implement the Telegram Open Network cryptocurrency project, reports appeared in the media that the sale of this popular messenger was allegedly being prepared. Recall that the project to launch the Gram token and the TON blockchain network was stopped due to...
The Ethereum Classic (ETC) network has undergone a 51% attack again. On August 6, Bitfly tweeted that its Ethermine mining pool has disabled ETC payments after reorganizing over 4,000 blocks. Today another large 51% attack occurred on the #ETC which caused a reorganization of over 4000 blocks....
Last week, Blockstream released c-lightning 0.9.0, the latest version of one of the popular Lightning Network protocol implementations. The release was titled "Rat poison squared on steroids" (a reference to Warren Buffett's comment on bitcoin, which he called "rat poison...
The US Securities and Exchange Commission plans to acquire tools for analyzing smart contracts. On July 30, the regulator announced its intention to conclude a contract for the purchase of "tools for analyzing smart contracts in a distributed ledger." The SEC announced its interest in...
Huobi Group, the owner of the Huobi cryptocurrency exchange, is launching a new fund for investments in the Decentralized Finance (DeFi) market. Charlene Wu, who previously worked in the investment department of China Merchant Bank International (CMBI), a subsidiary of one of the largest Chinese...
Ethereum developers have partnered with Consensys and DeepWork Studio to release a "Launch Validator Platform" for the Medalla Testnet, which will launch on August 4th. The goal of the platform is to teach the self-staking process on the Ethereum 2.0 blockchain, which will run on the...
Cardano is planning to become the most attractive network for launching DApps soon. The intention to make the network the main competitor of Ethereum was told by its founder and CEO of IOHK Charles Hoskinson. On Twitter, he wrote that next year, the reputation of his project among DApps developers...
The volume of funds blocked in the MakerDAO DeFi protocol reached $1 billion for the first time, strengthening the project's leading position in the decentralized finance market. This is evidenced by data from the DeFi Pulse. Over the past day, this figure has increased by 6.7%. Blocked funds have...
The US startup Zap, as part of its investment round earlier this year, attracted $3.5 million in funding. The company disclosed relevant information in a report to the US Securities and Exchange Commission (SEC). Just out: Visa partner Zap secretly raised $3.5 million from the unicorn-maker behind...
According to Chinese media reports, the Beijing government is to publish a newsletter reflecting the use of blockchain tech in government services in China. According to him, government services are already using 140 apps running on the blockchain. Apps fall into three categories: data interchange,...
HDR Global Trading, the parent company of the BitMEX crypto derivatives exchange, announced the restructuring and creation of a new holding organization called the 100x Group. “100x will become the holding formation for HDR and assets, including the BitMEX platform,” said co-founder Arthur...
Braver, a fork of the Brave browser, announced a name change due to legitimate threats from the developers of the original project. Braver is now called Bold Browser. The controversy arose because the name Brave is too related to Braver. Brave CEO Brendan Eich confirmed that he intended to take...
The US SEC announced that it intends to simplify the application process for investment companies, which could also significantly accelerate decision-making on proposals from cryptocurrency and blockchain companies. On July 6, on its website, SEC announced that it had voted in favor of an...
Even though in May 2020, Telegram stopped working on TON blockchain, the TON test network has been working for almost a year. On July 6, an official group of developers of the TON test network announced that it would stop supporting it. By August 1, the remaining validators of the TON test network...
Singapore’s blockchain ecosystem now has 234 companies. Such statistics were provided by a group of organizations, which also compiled a “map” with the logos of these companies. It turned out that since 2019, the number of blockchain companies has grown by more than 50%. The map, which was...
At the end of 2019, LocalBitcoins revenue added approximately 10%, amounting to $ 29.5 million. The data are presented in comparison with 2018, then the total income of the cryptocurrency platform amounted to $ 26.9 million. The company was able to improve its financial performance even though last...
