MakerDAO to dissolve Foundation and become truly decentralized again
MakerDAO plans to complete its roadmap to decentralized governance with the dissolution of its foundation in the coming months. Pioneering...
Month: July 2021
ETH developer Virgil Griffith back in jail after allegedly checking Coinbase account
Griffith will likely spend the next two months in jail before his trial in September. Ethereum developer Virgil Griffith has...
Auditors reveal USDC backing as Jim Cramer sounds alarm over Tether’s mad money
Grant Horton has conducted an audit on USDC’s reserves and Jim Cramer has questioned what's going on with Tether's commercial...
Study suggests Canadian CBDC could promote digital innovation within the country
The Bank of Canada suggested that a Canadian CBDC could provide a number of innovations, including the elimination of transaction...
Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets
On July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s...
Robinhood Aims for $35 Billion Market Valuation in Upcoming IPO
An amended prospectus filed yesterday by Robinhood indicates the company is aiming to get a valuation of up to $35...
Grooming Products Firm Axe Releases Limited Edition ‘Crypto Scented’ Doge Body Spray
On Tuesday, the company that owns the brand of male grooming products, Axe, announced the launch of a dogecoin-themed and...
Blockfi Ordered to Stop Offering Interest-Bearing Crypto Accounts in New Jersey
On July 19, the CEO of the crypto financial services firm Blockfi, Zac Prince, told the public that the New...
Crypto.com deploys its Ethereum Virtual Machine chain testnet
Running on a proof-of-authority consensus algorithm, Cronos is powered by Ethermint, a proof-of-stake chain interoperable with Ethereum and EVM-compatible chains....
Is It Too Late or Just the Time to Get Into Bitcoin Investment?
Should I Buy Bitcoin Now? Unsurprisingly, Bitcoin has been experiencing highly volatile action in 2021. The cryptocurrency has become associated...
Enjin plans to use NFTs to promote sustainability and equality as member of UN pact
The company previously said it planned to enable carbon-neutral NFTs by 2030, and claimed its JumpNet blockchain is already carbon-negative....
FTX smashes crypto funding record with $900m raise to become exchange decacorn
The crypto derivatives exchange has seen its valuation soar over the past year, reflecting the rapid growth of digital assets...
$13K Bitcoin price predictions emerge with BTC falling below historic trendline
The 50-week simple moving average earlier offered incredible support for Bitcoin's long-term bullish bias, but bears convincingly took it during...
New EU proposal looks to tighten regulations for sending cryptocurrency
The European Commission looks to block large anonymous transfers of cryptocurrency in an effort to limit money laundering activity. The...
Majority of Institutions to Hold Digital Assets in Near Future, Survey Suggests
Most institutional investors look forward to adding digital assets to their portfolios, in spite of concerns over crypto market volatility....
