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“# Atomic swaps and network upgrades send Monero (XMR) price to a 3-year high ” As the 2021 bull market cycle unfolds with decentralized finance and nonfungible tokens, or NFTs, being two of the biggest driving forces for growth, old-school cryptocurrency projects have quietly been climbing higher as their established track records begin to attract…
“# Andreessen Horowitz leads $28M Aleo raise ” Aleo, a privacy-focused blockchain, has secured $28 million in investments to bring its zero-knowledge applications to a wider market. California-based venture capital firm Andreessen Horowitz led the private investment round. Notable contributions also came from Coinbase Ventures, Galaxy Digital, Variant Fund, Polychain Capital and the Joseph Lubin-led…
“# European Central Bank releases results of digital euro consultation ” The European Central Bank has published the results of a public consultation on a potential digital euro as the institution inches closer to deciding whether to formally study such an initiative. According to a Wednesday announcement, the ECB received more than 8,200 responses to its public…
“# Revealed: Top 4 user complaints about Signal’s new crypto payments beta ” Privacy-focused messenger app Signal has posted early user feedback from the UK-based beta launch of its payments integration with Mobilecoin’s MOB token. A blog post by Signal head of growth and communication Jun Harada revealed the top four user complaints about its…
“# Oasis Foundation announces implementation of Tidal DeFi insurance platform ” The Oasis Foundation, an offshoot of Oasis Network developers Oasis Labs, announced in a blog post on Friday that decentralized finance (DeFi) insurance and coverage provider Tidal Finance will be implementing a version of their platform on the Oasis Network. The blog post noted…
“# DeFi’s critical missing piece: Credit scores ” Over the last 12 months, the remarkable growth in decentralized finance has been driven by one thing: the ability of users to earn strong yields on their crypto assets by lending, staking and providing liquidity. Depending on your risk appetite, gains from DeFi investments can run tens…
“# Crypto at risk after Facebook leak: Here’s how hackers can exploit data ” Facebook is no stranger to data hacks and leaks, with the company having been on the receiving end of many high-profile security breaches in recent years. For example, back in 2018, the social media giant revealed that it had inadvertently exposed…
“# Encrypted messaging app Signal enables private payments using MobileCoin ” Encrypted messaging app Signal has begun testing a payments feature that allows users to send cryptocurrency to other users privately. Signal announced on Tuesday, Apr. 6, that it is integrating support for MobileCoin for a new peer-to-peer payments system in the beta version of…
“# Singapore PM tells followers to ‘remain vigilant’ on crypto after seeing name used to sell tokens ” Lee Hsien Loong, Prime Minister of Singapore, claims someone set up a profile on the social token platform BitClout to sell tokens using the information from his Twitter account. In a Facebook post Friday, Loong urged Singaporeans…
“# Federal judge’s decision could be a blow for the privacy rights of crypto users ” A federal judge has implied that an individual may not have the right to force the Internal Revenue Service, or IRS, to expunge financial records it obtains from crypto exchanges. In granting a motion to dismiss filed in December,…