One of the largest cryptocurrency mixing protocols, Tornado.cash, has announced the project will deploy on the L2 (layer 2) Ethereum platform Arbitrum One. The creators of the Ethereum-based mixing application explain that settling on Arbitrum will allow Tornado.cash...
Satoshi
Former Citi banker launches $1.5B crypto fund, taps Algorand as first partner
The crypto economy continues to lure top talent from Wall Street. Matt Zhang becomes the latest industry veteran to jump ship. A Wall Street veteran with over 14 years of experience has launched a new venture fund dedicated to cryptocurrency and blockchain startups,...
Law Decoded: India ponders going full China on crypto, Nov. 22–29
The world's sixth-largest economy could adopt a hardline stance against decentralized cryptocurrencies as soon as this winter. Are big emerging economies more likely to gravitate toward blanket crypto bans? China has set a precedent, and now it appears as if India...
Genesis Trading’s chief technology officer departs firm
Genesis Trading's chief technology officer Pat DeFrancesco is no longer with the cryptocurrency trading and lending firm, according to a source familiar with the move. DeFrancesco, a veteran of the trading technology world, joined the firm in June 2019. He previously...
Budweiser Launching Ethereum NFTs as ‘Key to the Budverse’
The storied beer brand is debuting 1,936 NFTs ranging from $499 to $999, each unlocking future benefits and perks. News Source from Decrypt.co
MicroStrategy purchases $414.4 million worth of Bitcoin, with total BTC balance eclipsing $3.5 billion
The business data analytics firm has been investing in BTC since August 2020. Michael Saylor, CEO of enterprise data analytics company MicroStrategy, announced Monday via a Twitter post and company filing that the firm purchased an additional 7,002 Bitcoin (BTC),...
Indian Government Answers Questions on Bitcoin Transactions, Karnataka Scam, Legality of Crypto Trading
The Indian government has answered three sets of questions in parliament regarding bitcoin transactions, the high-profile bitcoin scam in Karnataka, and the legality of cryptocurrency trading and crypto exchanges in India. Meanwhile, the winter session of parliament...
Lines in the sand: US Congress is bringing partisan politics to crypto
Cryptocurrency is now a hot topic in United States politics. It wasnt always like this, however, especially since just a small percentage of U.S. politicians seem to have a baseline understanding of digital currencies.Nonetheless, its now a wedge issue poised to morph...
Jack Dorsey plans to step down as Twitter CEO: Report
It’s unclear if Dorsey plans to leave the social media company to focus on operations at Square and the platform’s initiative to develop a decentralized Bitcoin exchange. Twitter chief executive officer Jack Dorsey is reportedly planning to resign his position at the...
MELD’s $1B ISPO highlights emerging use cases for Cardano, crypto fundraising
Roughly 40,000 participants staked nearly 620 million ADA as part of MELD’s first-ever initial stake pool offering, which concluded on Oct. 27. DeFi banking protocol MELD recently made headlines for attracting more than $1 billion worth of staked Cardano (ADA) to its...