Hart Lambur, founder of DeFi project UMA Protocol, talks to Decrypt’s Liam Kelly in our Decrypting Mainnet series at Mainnet 2022 all about what UMA does and what they have in store for the next iteration of their oracle, and how to write decentralized financial contracts. Source: https://decrypt.co/videos/live-events/O34VRnrb/meet-funky-crypto-finance-lab-uma-protocol
The regulatory crackdown on crypto continues. The Commodity Futures Trading Commission on Thursday announced settled charges against the founders of bZeroX, the company behind the bZx protocol. The CFTC fined bZx founders Tom Bean and Kyle Kistner $250,000 for allegedly “illegally offering leveraged and margined retail commodity transactions in digital assets,” as well as failing to adopt customer identification requirements…
The strength of the U.S. dollar continues to negatively impact risk assets, but that did not prevent Bitcoin and select altcoins from staging a few strong rallies this week. Source: https://cointelegraph.com/news/price-analysis-9-23-spx-dxy-btc-eth-bnb-xrp-ada-sol-doge-dot
Digital asset data analytics company Inca Digital will study the implications of digital assets for national security under a year-long contract with the Defense Advanced Research Projects Agency (DARPA), the company announced Sept. 23. DARPA is the R&D branch of the United States Department of Defense. Inca Digital will work on a project called “Mapping the Impact of Digital Financial…
XRP, a cryptocurrency originally launched by the founders of crypto payments company Ripple, jumped 11% early Friday morning following a strong week of gains—and hope from investors that the SEC’s lawsuit against Ripple may be coming to an end. Trading today for XRP has since cooled a bit, now up 3% on the day. But that’s still enough for a…
Bitcoin mining firm Compute North filed for Chapter 11 bankruptcy protection in Texas on Thursday as the crypto winter continues to put pressure on crypto mining operations. The bankruptcy petition filed on September 22, indicates the company looks to stabilize operations in order to repay creditors. Compute North Files for Chapter 11 Bankruptcy Protection Five months ago last April, Compute…
Many companies and industries are incorporating Web3 technologies into their business structures, and the travel industry is no exception. On Sept. 21, Flybondi, an Argentinian airline, announced a strategic alliance with TravelX, a blockchain technology company responsible for tokenizing flight tickets. The partnership intends to enable travelers to purchase airline tickets as non-fungible tokens through Binance Pay, using USDC as…
The economic landscape may seem dire at the moment, but it’s unlikely to affect blockchain development, according to Pantera Capital CEO Dan Morehead. In an interview for Real Vision on Thursday, the venture capitalist said that he believes blockchain technology will perform based on its own fundamentals, regardless of the conditions indicated by traditional risk metrics: “Like any disruptive thing,…
press release PRESS RELEASE. INTERNET CITY, DUBAI, Sep. 23, 2022 – LBank Exchange, a global digital asset trading platform, has listed PRIMEZTOKEN on September 23, 2022. For all users of LBank Exchange, the PRIMEZTOKEN/USDT trading pair is now officially available for trading. Aiming to introduce Japan’s world-class contents to Japan and overseas using blockchain technology, Primez provides an NFT marketplace…
America’s Defense Advanced Research Projects Agency, better known as DARPA, has turned to analytics firm Inca Digital to build out a new crypto mapping tool to analyze the impact of cryptocurrencies on U.S. national security. The terms of the small business innovation (SBIR) contract will also give the information about the role crypto plays in illicit finance. Specifically, Inca Digital’s…
