The airdrop comes as Optimism looks for an edge over its largest competitor, Arbitrum, another Ethereum layer 2 albeit one without a token. Abritrum currently boasts more than double the amount of transacting wallets as Optimism, widening the gap between the two exchange’s transacting wallets over the past month. Source
The bitcoin hardware wallet manufacturer Coinkite has announced the launch of a new product, the Coldcard Q1, which features a QWERTY keyboard and QR code scanner. Coinkite details that the battery-powered device utilizes the same security model as the Coldcard Mk4. Coinkite Introduces the Coldcard Q1 Over the past three months, companies have unveiled new hardware wallets for securely storing cryptocurrency assets. In Dec. 2022, Ledger announced the launch of Stax, designed by iPod creator Tony Fadell. The following month, decentralized exchange (dex) aggregation service 1inch Network disclosed its plans…
Ethereum co-founder and crypto entrepreneur Joseph Lubin is confident that Ether (ETH) won’t be classified as a security in the United States. Cointelegraph spoke with Lubin, Ethereum co-founder and founder of blockchain tech firm ConsenSys, in Tel Aviv at the Web3 event, Building Blocks 23. Asked if ETH could be classed as a security in the U.S. after Ethereum’s transition to a proof-of-stake (PoS) consensus model, Lubin said: “I think it’s as likely, and would have the same impact, as if Uber was made illegal.” “There would be a tremendous…
Bradford noted the move doesn’t necessarily mean the company will issue any of the authorized shares, but it will give the company the option to use equity, if needed, to reach its targeted growth. “We believe the [increased] shares would provide us the flexibility to not only maintain market share, but to substantially grow market share, just as we have in the past,” he said on the conference call. Original
Aave Companies, the firm behind the decentralized finance (defi) project Aave, has announced the launch of a stablecoin called GHO on the Ethereum testnet network Goerli. The codebase is available on Github and has undergone audits by Open Zeppelin, Sigmaprime and ABDK. Aave Invites Programmers to Test GHO Before Mainnet Deployment On Thursday, Aave Companies announced the launch of its native stablecoin GHO on the Ethereum Goerli testnet. The company also released the open-source codebase on Github. The developers of Aave are inviting programmers and prospective integrators to begin testing…
Other members sanctioned include Maksim Mikhailov, a developer known as “Baget,” Valentin Karyagin, a developer known as “Globus,”Mikhail Iskritskiy, an alleged money launderer for the group known as “Tropa,” Dmitry Pleshevskiy, a coder known as “Iseldor,” Ivan Vakhromeyev, a manger known as “Mushroom,” and Valery Sedleski, an administer known as “Strix.” Source
The American state of Mississippi is one step closer to protecting the rights of cryptocurrency miners after the state senate passed the Mississippi Digital Asset Mining Act on Feb. 8. There is a companion bill under consideration in the state house of representatives. The senate bill, authored by state Sen. Josh Harkins, legalizes home digital asset mining and the operation of mining businesses in areas zoned for industrial use. There are already crypto miners operating in Mississippi, which has some of the lowest electricity rates in the country. However, the…
Olta Andoni, chief compliance officer at financial firm Enclave Markets, says that Mason Rothschild was looking to “piggyback” off of the French luxury brand’s reputation. But even artists who are creating digital art aren’t free of consumer protection laws. Source
A crypto exchange project initially proposed by 3AC and Coinflex has now launched an official website and waitlist as of Feb. 9. Called “Open Exchange (OPNX)”, the new project alleges that it will be “the world’s first public marketplace for crypto claims trading and derivatives,” according to a tweet from the project’s official Twitter account. 1/ Introducing Open Exchange. Open Exchange will start as the world’s first public marketplace for crypto claims trading and derivatives. Then become the world’s most radically transparent CEX. The claims waitlist is now open @…
Kraken, a U.S.-based cryptocurrency exchange, has agreed to wind down its cryptocurrency staking program as part of an arrangement with the U.S. Securities and Exchange Commission (SEC) to settle for the unregistered offer of its staking services. The exchange will also pay $30 million in disgorgement, prejudgment interest, and civil penalties, as indicated by the regulator. Kraken To Pay $30 Million For Not Registering Staking Services Kraken, one of the largest U.S.-based cryptocurrency exchanges, has agreed to pay $30 million in disgorgement, prejudgment interest, and civil penalties to the U.S.…