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WalletConnect, a product for connecting Ethereum wallets, has raised $11 million in a Series A funding round co-led by Union Square Ventures and 1kx at an undisclosed valuation, according to an announcement shared with CoinDesk. The capital will help scale wallet interoperability and develop a generalized messaging layer. Original Source
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"Chair Powell, obviously you do not administer sanctions, but you are an expert on the international financial system. Are other countries currently using cryptocurrencies to evade sanctions? I'm thinking here of North Korea, Iran, Venezuela," she said. Source
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“Crypto, specifically, because of its decentralization, is decidedly on the theory side,” Buterin concluded, arguing that emergent technology that impacts social structures, such as crypto, could nonetheless benefit from theory-based development. Source
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Though the likes of Bored Apes and Pudgy Penguins take the headlines, and the potential for decentralized finance (DeFi) and play-to-earn gaming is undeniably grand and exciting, the marketing potential for nonfungible tokens (NFTs) deserves equal attention. It boils down to this: With NFTs, virtually anything can be gamified to
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Russian President Vladimir Putin believes that it's “still premature” to use cryptocurrencies for settling trades of energy resources like oil.The Russian president discussed potential use cases of cryptocurrencies in a Thursday CNBC interview following a plenary session of the Russian Energy Week forum.According to a full interview text published on
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Bitcoin (BTC) returned to beat the week’s four-month highs on Oct. 8, climbing $2,000 in two hours.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC’s price beats Wednesday’s highData from Cryptox Markets Pro and TradingView showed BTC/USD hitting just over $56,150 on Bitstamp in a fresh show of bullish momentum.Wednesday’s dramatic uptick had
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The proposal is a nuanced attempt to square the circle at the heart of crypto network funding. The quandary goes something like this: If the token for a new network is classified as a security from the start, only institutional players and venture capitalists will be able to buy it.
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The New York-based Xethalis, formerly of Chapman and Cutler LLP, has long tackled crypto’s square-peg-round-hole regulatory status. He worked with the Winklevoss brothers in 2012 to submit the first bitcoin exchange-traded fund (ETF) application to U.S. regulators (the Securities and Exchange Commission (SEC) has still yet to approve a single
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Gary Gensler, chair of the United States Securities and Exchange Commission, is once again urging crypto projects with securities to register with the regulatory body to ensure that investors are protected.In a prepared statement for his testimony at the Senate Committee on Banking, Housing, and Urban Affairs scheduled for Sept.
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