“The current state of crypto is fragmented, as there has been a proliferation of blockchains and applications, but users on a given blockchain can’t access applications on another,” Kol said. “It’s confusing and complex, and results in a user experience that many, even crypto veterans like our team, find cumbersome and unruly,” he added. Source link
Immunefi focuses on bug bounties for various crypto projects. Source
Bitcoin futures ETFs: There are a few different Bitcoin futures ETFs available on the market. These allow investors to gain exposure to the price movement of Bitcoin, without owning Bitcoin directly. An advisor may decide that this is appropriate because the client wants price exposure but does not want to open an account on a crypto exchange. However, there are certain things that the advisor must be aware of – and disclose to their client – when using a futures-based product, including expense ratios, contango and backwardation, among others. Source
What that is, and why it matters. Source
Social media is one of the most important inventions of the digital age. It has allowed us to communicate and connect with the world in a way that has never been possible in human history. Furthermore, it offers us the ability to form bonds with the world and find like-minded individuals who share the same ideas and beliefs. However, social media is not without its limitations. One of the largest of which is to do with how information is presented and passed along. Social media platforms are practically all 2-dimensional,…
Things have not been looking too good for the crypto market in recent months, with the market seemingly being gripped by one piece of bad news after another. To this point, on Aug. 8, the United States Department of the Treasury’s Office of Foreign Assets Control issued legal sanctions against digital currency mixer Tornado Cash. As per the regulatory body, since the platform’s inception in 2019, it has been used for a host of illicit money laundering activities estimated to be worth $7 billion. Of this sum, it is estimated…
Ethereum dropped below $1,300 on Thursday, as markets continued to react to the U.S. Fed’s latest decision to raise interest rates. Following speculation of a 100-basis-point hike, the Federal Reserve hiked rates by 0.75%, as it continues to struggle against rising consumer prices. Bitcoin also declined, moving close to the $18,000 level. Bitcoin Bitcoin (BTC) moved closer to $18,000 on Thursday, as markets slipped following the latest U.S. Federal Reserve policy meeting The Fed opted to increase interest rates by 75 basis points on Wednesday, with Chair Jerome Powell hinting…
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A discussion on the future of layer 2 blockchains in a post-Merge era. Source
“As long as it meets the criteria, then they could be included in the white list. So it’s a very open and very transparent method of creating a white list,” said Jay Jayawijayaningtiyas, the country manager of crypto exchange Luno, which is a member of the ABI. Luno’s parent company, Digital Currency Group, owns CoinDesk. Source