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Ethereum Layer 2 Development Investing Round Led by Union Square Ventures

A Series A funding round for Matter Labs’ Layer 2 zkSync scaling protocol has been announced. Its goal is to bring the Solidity smart contract language to the platform. The round has been led by some big names in the crypto and internet security industries including early Twitter investor Union Square Ventures (USV), Cloudflare, Firebase, … Continued The post Ethereum Layer 2 Development Investing Round Led by Union Square Ventures appeared first on BeInCrypto. дальше »

2021-3-2 09:22


SEC Explains Itself by Issuing a Risk Alert for Crypto Assets

The SEC pointed out that Risk Alerts are not judgements or warnings or hints at acceptance regarding the subject matter. The alerts only represent the view of the Commission. SEC Viewpoint In this case, the SEC’s Division of Examinations observed certain points “during examinations of investment advisers, broker-dealers, and transfer agents” regarding crypto. дальше »

2021-2-27 18:01


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Bitfinex Settles with New York Prosecutors for $18.5M

The case between New York authorities and major crypto exchange Bitfinex has finally reached a conclusion with an $18.5 million settlement. Meanwhile, Tether’s reserve which has been a matter of some speculation will soon be put to rest with quarterly information to be provided following the settlement of the case. NYAG vs. Bitfinex Settlement: TetherRead More дальше »

2021-2-23 17:39


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Top US Banking Regulator Reveals Positive Cryptocurrency Regulation Coming in Weeks

The top U.S. banking regulator has confirmed that positive cryptocurrency regulation is coming in a matter of weeks, by the end of the Trump term. “It’s going to work for everybody,” said the regulator, adding that the new regulation will “make it easier for crypto investors to know how to invest,” therefore attracting more institutional […] The post Top US Banking Regulator Reveals Positive Cryptocurrency Regulation Coming in Weeks appeared first on Bitcoin News. дальше »

2020-12-7 21:30


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‘DeFi Will Migrate to Centralized Platforms,’ Says Dev

Independent developer and consultant Udi Wertheimer believes it’s only a matter of time before Defi projects move off of Ethereum and onto centralized platforms. Wertheimer, who was featured as a guest on the Funky Crypto Podcast with retired MMA fighter Ben Askren and Litecoin Foundation Chief Evangelist John Kim, discussed the recent downturn in the […] The post ‘DeFi Will Migrate to Centralized Platforms,’ Says Dev appeared first on BeInCrypto. дальше »

2020-9-8 03:30


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Report: Paxos Chosen As PayPal Partner for Crypto Services Offering

Payments giant PayPal has chosen Paxos to handle digital assets for the upcoming (yet unconfirmed) crypto offering, CoinDesk reported Monday. PayPal the Biggest Financial Firm to Onboard Crypto? Coindesk said “two people familiar with the matter” told the publication that PayPal users will soon have access to crypto services; including trading and storage. дальше »

2020-7-20 13:00


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PayPal and Venmo Reportedly Moving Into the Bitcoin and Crypto Market

PayPal, the global payments network and industry leaders, is planning to start selling large-cap cryptocurrencies to its 325 million consumer base, as per reports on June 23. Turning to BTC CoinDesk quotes unnamed, “well-placed” industry members as the sources on the matter, with the latter stating PayPal will commence the “buys and sells of crypto”Read MoreRead More. дальше »

2020-6-23 10:30


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QuadrigaCX Operated Like a ‘Revolving Door’ Before Going Bankrupt: Canadian Regulators

A new in-depth report on the now-defunct Canadian crypto exchange QuadrigaCX shows the platform operating as a Ponzi scheme months before going bust. From trading with fake assets to covering losses with user deposits, the late Gerald Cotten allegedly ran QuadrigaCX in such a way that the platform was likely doomed to fail no matter […] The post QuadrigaCX Operated Like a ‘Revolving Door’ Before Going Bankrupt: Canadian Regulators appeared first on BeInCrypto. дальше »

2020-6-12 08:25