LayerZero CEO Bryan Pellegrino is optimistic about the future of the blockchain industry and the “really important plumbing” LayerZero provides for it. Source: https://cointelegraph.com/public/index.php/news/layerzero-s-market-shifting-there-s-a-better-environment-ahead-for-everyone-ceo-says
Month: June 2023
Crypto offers Africans a ‘lifeline’ from inflation and corruption, say execs
While many investors in the West may look to crypto to speculate the next biggest trend, blockchain technology is actually solving “real-world problems” in Africa such as hyperinflation and “corruption,” executives told Cointelegraph. Speaking to Cointelegraph, Chris Maurice, founder and CEO of Yellow Card — Africa’s largest cryptocurrency exchange — said crypto in Africa “is growing at the speed of…
UK crypto bill reaches final stage, on track for passage
The legislation now waits on King Charles’ table for royal assent, the final step required for a parliamentary bill to become law. Source: https://cointelegraph.com/public/index.php/news/uk-crypto-bill-reaches-final-stage-on-track-for-passage
CME Group set to introduce ETH to BTC Ratio futures
The scheduled launch date for these futures contracts is set for July 31, pending regulatory review. Source: https://cointelegraph.com/public/index.php/news/cme-group-set-to-introduce-eth-to-btc-ratio-futures
U.S. House committee chairs, Blockchain Association turn up heat on SEC head Gensler
Three committee chairs in United States House of Representatives have sent a letter to U.S. Securities and Exchange Commission (SEC) chair Gary Gensler demanding a more satisfactory response to their November 1 letter regarding the SEC chairman’s and the agency’s compliance with recordkeeping requirements. Judiciary Committee chair Jim Jordan, Oversight Committee chair James Comer and Financial Services Committee chair Patrick…
Coinbase’s Ethereum Layer-2 Network Base Preps for Mainnet Launch
As Coinbase’s Ethereum layer-2 network Base draws closer to a mainnet launch, the cryptocurrency exchange said Wednesday its technology has been extensively vetted by security researchers. More than 100 people recently pored over the network’s code as part of an audit contest, Coinbase said in a blog post. And across various parts of the network’s architecture, experts couldn’t find any…
Yuga’s HV-MTL Forge Beginner’s Guide: Do You Need Bored Ape NFTs to Play?
This story comes from GG. Your Web3 Gaming Power-Up Discover GG Yuga Labs’ latest game experience, the HV-MTL Forge, has finally been released. But what is it and how does it work? In March, the Bored Ape Yacht Club and Otherside creator Yuga Labs released its HV-MTL NFT collection, which stands for “heavy metal.” Holders of Yuga Labs’ Sewer Pass…
Fidelity renews push for spot Wise Origin BTC Trust, making it 7th applicant this year
Asset manager Fidelity Investments has filed an application for a spot Bitcoin exchange-traded fund (ETF), according to a filing by Cboe BZX Exchange with the United States Securities and Exchange Commission (SEC) dated June 19. Fidelity’s application follows BlackRock’s spot Bitcoin ETF application on June 15 and those of WisdomTree, Invesco and Valkyrie in the following days. According to Bloomberg, seven…
“Sam Bankman-fried really hurt the industry” — Anthony Scaramucci
During a panel at Collision 2023 in Toronto, Canada, Anthony Scaramucci, former White House Communications Director, and founder of Skybridge Capital, stated that disgraced crypto executive Sam Bankman-Fried “really hurt the industry in the United States from a regulatory perspective.” Scaramucci continued: “He embarrassed the politicians; he gave a lot of money to them. They spent a lot of time…
CME Group set to introduce ETH to BTC Ratio futures
On June 29, the Chicago Mercantile Exchange (CME) Group announced its plans to introduce Ether/Bitcoin Ratio futures. The launch of these futures contracts is slated for July 31, subject to regulatory review. Efficiently capture the relative value of ether and bitcoin in a single trade with Ether/Bitcoin Ratio futures, launching July 31. https://t.co/WDFhIt5rJ7 — CME Group (@CMEGroup) June 29, 2023 According to…