July 2023

Coinbase Soars After Reaching Cboe Surveillance Sharing Agreement for 5 Bitcoin ETF Applications

July 11, 2023 boss

“On June 21, 2023, the Exchange reached an agreement on terms with Coinbase, Inc., an operator of a United States-based spot trading platform for Bitcoin that represents a substantial portion of US-based spot trading platform for Bitcoin that represents a substantial portion of US-based and USD denominated Bitcoin trading, to enter into a surveillance-sharing agreement (“Spot BTC SSA”) and executed an associated term sheet,” the filing stated. Original

Brevan Howard Joins $12M Fundraising Round for Liquid Staking Protocol Alluvial

July 11, 2023

Software development company Alluvial has raised $12 million in a Series A funding round to further development of Liquid Collective, a liquid staking protocol. Ethereal Ventures and Variant co-led the fund with participation from Brevan Howard Digital, Avon Ventures, Nascent Capital, a_capital, Robot Ventures, Fenbushi, IOSG and Blockdaemon, among others. Source

Former FTX Executive Ryan Salame Investigated by Federal Prosecutors Over Possible Campaign Law Violations: WSJ

July 11, 2023

Ryan Salame, who was FTX’s co-chief executive of its Bahamas-based unit, is being investigated for potentially illegally avoiding federal limits on contributions to Michelle Bond’s campaign for the Republican primary for New York’s 1st congressional district, according to the report, citing people familiar with the matter. Source

Dan Harmon’s Web3 TV Show ‘Krapopolis’ Finally Gets Premiere Date

July 11, 2023

The animated show, helmed by the “Rick and Morty” creator, has already been renewed for a second and third season ahead of its September release. Source

10 tips for blockchain-based data providers seeking to scale

July 11, 2023

Each year, the amount of data generated across the globe is growing exponentially. From the explosion in the use of digital tools in the workplace to the ever-growing use of Internet of Things devices, social media, online gaming, e-commerce and other digital platforms, each day sees the creation of a massive amount of data that needs to be stored securely and efficiently. Blockchain technology provides a decentralized, immutable, secure solution, making it an ideal option for multiple industries. But first, blockchain-based data providers need to prove they can scale to…

ConsenSys launches Linea zkEVM to further scale Ethereum

July 11, 2023 boss

The Ethereum ecosystem welcomes another layer-2 scaling solution as ConsenSys begins onboarding partners to its Linea network, which has produced significant scaling milestones in testing. Linea is an Ethereum layer-2 scaling network that allows developers to build or migrate decentralized applications for Ethereum. It operates using zero-knowledge proofs and is Ethereum Virtual Machine (EVM) equivalent, meaning its applications can seamlessly interact with the Ethereum blockchain. The network went through a lengthy testnet period which saw some 5.5 million unique wallets carry out over 46 million transactions. ConsenSys outlined improvements to Linea’s performance,…

Data Startup Space and Time Creates Chatbot Powered by OpenAI’s ChatGPT for Database Querying

July 11, 2023

Space and Time’s technology, proof-of-SQL, “allows the data warehouse to generate a SNARK cryptographic proof of SQL query execution, proving that query computation was done accurately and that both the query and the data are verifiably tamperpoof,” according to its website. Within Web 3 environments, this is particularly important because there are no trusted entities to ensure the accuracy of the data or the query. Source

EU’s Metaverse Vision Focuses on Standards, Governance and Funding

July 11, 2023

For a new virtual worlds partnership to be set up the commission’s science funding program, Horizon Europe, “you could think of an amount in the order of 200 million euros that will be available,” as well as potential investment via EU regional funds, said a commission official, speaking under condition of anonymity. Source

DAO Index Coop Looks to Improve Limitations of Structured On-Chain Products

July 11, 2023

Structured products in traditional finance typically combine several products, such as stocks or bonds, into a single package. Should their use in crypto grow, they could be seen as evidence of the growing sophistication of the industry and its increasing ability to attract mainstream investors. Source CoOpDAOImproveIndexLimitationsOnChainProductsStructured CryptoX Portal

Bug bounties can help secure blockchain networks, but have mixed results

July 11, 2023

Bug bounties are programs organizations offer to incentivize security researchers or ethical or white hat hackers to find and report vulnerabilities in their software, websites or systems. Bug bounties aim to improve overall security by identifying and fixing potential weaknesses before malicious actors can exploit them. Organizations that implement bug bounty programs typically establish guidelines and rules outlining the scope of the program, eligible targets, and the types of vulnerabilities they are interested in. Depending on the severity and impact of the discovered vulnerability, they may also define the rewards…