A new Polygon Improvement Proposal (PIP-29) has been introduced that would establish a 13-person governance body to execute upgrades to system smart contracts for existing and future Polygon protocols. The proposed members of the inaugural Protocol Council include Polygon co-founder Jordi Baylina, Viktor Bunin, protocol specialist at Coinbase, the Ethereum Foundation researcher Justin Drake, ️and Cometh CEO Jerome de Tychey,…
“It’s good at answering Bitcoin and economics-related questions, at least better than GPT-4”, Aleksandar Svetski tells Cointelegraph at a bustling Bitcoin Amsterdam. The entrepreneur, author and founder of Spirit of Satoshi, a novel AI large language model (LLM), begins to unpack the arduous journey his small startup has undertaken to create its Bitcoin-centric AI chatbot. The model is the result of…
The Pareto principle, explained The Pareto principle emphasizes how crucial it is to identify key players, major cryptocurrency or influential projects. According to the Pareto principle, commonly referred to as the 80/20 rule, roughly 80% of outcomes result from 20% of causes. Vilfredo Pareto, an economist from Italy, observed that 20% of the population in Italy controlled 80% of the…
The Metaverse concept gained a lot of traction both from the crypto community and venture capital firms during the peak of the bull run. The likes of Meta (Facebook) and Apple joining the metaverse bandwagon only gave more legitimacy to the concept. However, the approach of both multi-billion dollar tech firms has been quite a different approach towards it. On…
The crypto exchange has applied for a license under the EU’s new Markets in Crypto-Assets Regulation with the Central Bank of Ireland and, if successful, will b… Source: https://cointelegraph.com/app/public/index.php/news/coinbase-ireland-europe-mica
BTC supply dynamics show all-time high percentage ownership by long-term holders, and Bitcoin investors should “do the math” as a result, analysis says. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-long-term-investors-own-76-percent-btc
SynFutures, a Singapore-based decentralized exchange (DEX) focused on perpetual futures, has just secured an impressive $22 million in its latest funding round. The funding round, which pushes SynFutures’ total funding to $38 million, was spearheaded by Pantera Capital and also saw participation from SIG DT Investments, a subsidiary of the Susquehanna International Group (SIG DTI), as well as HashKey Capital.…
The crypto exchange has applied for a license under the EU’s new Markets in Crypto-Assets Regulation with the Central Bank of Ireland and, if successful, will b… Source: https://cointelegraph.com/public/index.php/news/coinbase-ireland-europe-mica
Major cryptocurrency investment firm Grayscale has filed a new application with the Securities and Exchange Commission (SEC) for a new spot Bitcoin (BTC) exchange-traded fund (ETF). Grayscale on Oct. 19 submitted an S-3 form registration statement with the SEC intending to list the shares of Grayscale Bitcoin Trust on the New York Stock Exchange (NYSE) Arca under the ticker symbol…
The New York Attorney General’s office has filed a lawsuit against Genesis Global Capital, Gemini Trust, and Digital Currency Group (DCG) this morning. The complaint also includes allegations against Soichiro Michael Moro, the former CEO of Genesis, and Barry E. Silbert, the founder and CEO of DCG. “These cryptocurrency companies lied to investors and tried to hide more than a…
