The below is a direct excerpt of Marty’s Bent Issue #1236: “Blockstream has made some progress on signature aggregation research.” Sign up for the newsletter here. via Blockstream via Blockstream There’s currently a lot of noise out there right now. The bitcoin price is down, people are restless and a lot of attention is being drawn toward things that will…
By far, the innovation with the most impact in the Web3 world this year is the sidechain. The highest-volume blockchain providers in the world — Binance, Polygon, Ankr and Avalanche — have all recently released sidechain functionality. They are investing hundreds of millions into these new implementations — and with good reason. Sidechains are the most likely multichain solution to…
A class-action lawsuit has been filed claiming that cryptocurrency solana (SOL) is an unregistered security under the Howey test. “The specific facts and circumstances relating to SOL securities support the conclusion that SOL is a security under the Howey test,” the plaintiff argued. Solana Is a Security, Lawsuit Claims A lawsuit, filed on July 1 in the U.S. District Court…
This is an opinion editorial by Dan, cohost of the Blue Collar Bitcoin Podcast. A preliminary note to the reader: This was originally written as one essay that has since been divided into three parts for publication. Each section covers distinctive concepts, but the overarching thesis relies on the three sections in totality. Much of this piece assumes the reader possesses…
Tesla CEO Elon Musk has formally informed Twitter that he is terminating his $44 billion bid to buy the social media platform. “Twitter is in material breach of multiple provisions” of the agreement, Musk’s lawyer explained. Musk Ending Deal With Twitter Citing ‘Material Breach of Multiple Provisions’ Tesla and Spacex CEO Elon Musk’s lawyer sent a letter to Twitter Inc.…
Securities regulators in Texas and Alabama announced today that they are expanding their investigations into Voyager following the emergence of new information after the collapse of the exchange. “What we’re seeing now is that a lot of these crypto-lending firms may not have fully disclosed what they were doing on the backside with investors’ money,” Joe Rotunda, director of enforcement…
In an unexpected turn of events, Tesla CEO Elon Musk announced his intention to end the $44 billion Twitter deal via a letter sent to the board of the social media giant. In short, the world’s richest man is not happy with the lack of information Twitter provided about spam and fake accounts. According to the letter, which is addressed…
Binance CEO Changpeng Zhao is cracking down on wash trading occurring on its crypto exchange following the firm’s decision to remove fees for Bitcoin spot trades. Wash trading is when when traders sell and buy assets from themselves or make otherwise fictitious trades. For example, NFT marketplace LooksRare sees plenty of wash trading because of its LOOKS token, which is…
Ripio, an Argentina-based cryptocurrency exchange, announced the launch of two products, a cryptocurrency educational textbook to help newcomers navigate the crypto market, and a Web3 wallet that the company aims to position as an easy gateway to the metaverse. While other Latam-based exchanges have laid off some staff to survive the current market, Ripio is expanding to Spain. Ripio…
Ripio, an Argentina-based cryptocurrency exchange, announced the launch of two products, a cryptocurrency educational textbook to help newcomers navigate the crypto market, and a Web3 wallet that the company aims to position as an easy gateway to the metaverse. While other Latam-based exchanges have laid off some staff to survive the current market, Ripio is expanding to Spain. Ripio…
