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” Crypto Biz: The biggest problem with DeFi isn’t what you think “ Cryptocurrency has converted another veteran of Wall Street after ex-Morgan Stanley executive Kevin Lepsoe launched a new platform for decentralized finance (DeFi). His new firm, Infinity Exchange, received a nice injection of seed funding in a bid to boost DeFi adoption among…
” Ethereum may now be more vulnerable to censorship — Blockchain analyst “ Ethereum’s upgrade to proof-of-stake (PoS) may make it more vulnerable to government intervention and censorship, according to the lead investigator of Merkle Science. Speaking to Cointelegraph following the Ethereum Merge, Coby Morgan, a former FBI analyst, and the Lead Investigator for crypto…
” Ex-Citadel execs raise $50M for high-frequency crypto trading platform “ Cryptocurrency startup Portofino Technologies has officially launched its high-frequency trading platform for digital assets, securing major funding from venture capital firms in the process. In launching its platform, Portofino disclosed that it had raised $50 million in equity funding from Valar Ventures, Global Founders…
” It’s on! Where to catch the Ethereum Merge live “ Ethereum (ETH) is heading for the most significant upgrade in its history, which is scheduled to happen at around 5:27am UTC on Sept. 15. Those wanting to watch the Ethereum network make its historic shift to proof-of-stake (PoS) in real-time will have plenty of…
” Linux to launch Foundation to support digital wallet development “ The Linux Foundation, a global nonprofit organization that enables innovation within the blockchain ecosystem through access to open source technology, has announced plans to launch the OpenWallet Foundation (OWF). The OWF is a collaborative effort between companies in the technology and public sector, as…
” SWIFT and Symbiont announce corporate data blockchain pilot “ The Society for Worldwide Interbank Financial Telecommunication (SWIFT) disclosed on Tuesday a partnership with fintech company Symbiont to provide more accurate data for financial firms through blockchain technology. Vanguard, Citigroup, American Century Investments, and Northern Trust are among the companies participating in the initiative. According to…
” Crypto miner Poolin offers IOU tokens after suspending withdrawals “ Poolin, one of the largest Bitcoin mining pools by hash rate, has announced it will be issuing IOU tokens in an effort to “minimize the impact of withdrawal suspension” for users. In a Tuesday blog post, Poolin said its wallet service will be releasing…
” BitGo sues Galaxy Digital for acquisition breach, seeks $100M in damages “ Digital asset custodian BitGo has filed a lawsuit against Mike Novogratz’s cryptocurrency investment firm Galaxy Digital for terminating the former’s acquisition. BitGo took to Twitter on Tuesday to disclose details of its lawsuit against Galaxy after the latter terminated the $1.2 billion…
” SEC to address growing crypto issuer filings with specialized offices “ In light of the influx of filings from cryptocurrency issuers in the United States, the Securities and Exchange Commission (SEC) decided to set up two new offices this fall to provide specialized support to the seven offices currently responsible for reviewing issuer filings. …
” MicroStrategy to reinvest $500M stock sales into Bitcoin: SEC filing “ MicroStrategy, the largest institutional Bitcoin (BTC) buyer, entered an agreement with two agents — Cowen and Company and BTIG — to sell its aggregated class A common stock worth $500,000,000, reveals Securities and Exchange Commission (SEC) filing. MicroStrategy, co-founded by Bitcoin bull Michael…