The Information Commissioner’s Office (ICO) has signed onto a new international multilateral agreement with the Global Cooperation Arrangement for Privacy Enforcement (Global CAPE) to cooperate in cross-border data protection and privacy enforcement. As part of the Global CAPE, the ICO will be able to provide assistance with investigations and share information with member countries without having to enter separate memorandums of understanding with each nation. Global CAPE members include the United States, Australia, Canada, Mexico, Japan, the Republic of Korea, the Philippines, Singapore, and Chinese Taipei. The ICO’s association…
Category: ICO
Ethereum Layer 2s Could Rocket to $1T Base Valuation by 2030, VanEck Says
The valuation is based on the future expected usage of several layer 2 networks across usecases such as metaverse, banking and gaming. Source
Wormhole’s W Token Yields a 999%-a-Week Return on Solana Protocol Kamino
Wormhole allows users to transfer tokens between different blockchains, such as Ethereum, Solana, Terra and others. The token was among the most anticipated this year because Wormhole remained one of the few major protocols that did not offer a token. The W price has dropped almost 30% in the past 24 hours, CoinGecko data shows. The CoinDesk 20 Index, a measure of the broader crypto market, has lost 1.24%. Source
Crypto Market Maker GSR Recieves Singapore Crypto License
The license is the first awarded by Singapore to a crypto market maker. Source
Frax Finance Expands to Cosmos Ecosystem Via Asset Issuance Chain Noble
The expansion to the Cosmos ecosystem, an interoperability network, is expected to boost the adoption of FRAX and sFRAX in diverse applications, including trading, savings, payments and collateral, while offering Cosmos users a decentralized alternative to USDC, the world’s second-largest dollar-pegged cryptocurrency. Source
Optimism-Based DEX Velodrome Deploys to Bitcoin L2 BOB
April 4: Velodrome, an AMM-based decentralized exchange on Optimism, officially announced their second major deployment onto the BOB (Build on Bitcoin) network, a Bitcoin layer-2 network with EVM compatibility. According to the BOB team: “The Superchain is a network of interoperable layer-2 chains that will share bridging, governance, upgrades, a communication layer and more, all built on and powered by the OP Stack. Velodrome will be the primary MetaDEX of the Superchain. The MetaDEX acts as the liquidity and volume hub, and this integration seamlessly unlocks BTC DeFi and fosters…
For Crypto, the Global Regulatory ‘Olympics’ Has Already Begun
In this competition, there are four distinct contests: regulatory effectiveness, founder depth, market size and capital market strength. As a former crypto regulator responsible for enhancing New York’s regulatory system and now a venture capital investor, I understand how difficult it is to win in all four of these categories, especially those outside of your direct control. Source
The Protocol: Using the Money Printer
If you have the money printer – as is the case for many of the blockchain projects with the power to create their own digital tokens – why wouldn’t you use it? PLUS: Vitalik Buterin riffs on meme coin and Ethereum’s new “blob market.” Source
Digital Assets Platform, With Former Goldman Partner as Co-Founder, Aims to Disrupt Structured Product Market
“The firm designs both off-the-shelf and customized investment solutions to ensure it can accommodate a broad range of market views expressed by its clients,” the company said in a press release. “Moreover, ARP Digital aims at being inclusive to a wide range of clients by enabling multiple delivery and settlement options such as cash or kind settled OTC products, bankable structured notes, and fund products.” Source
Defending Goldman Sachs’ Latest Crypto Criticism
I’m not going to add to the criticism here, satisfying as that may be. Instead, I’m going to try to defend her statements. To be clear, I deeply disagree with most of them – but I also believe that better understanding opposing views makes us stronger advocates for crypto’s potential. Plus, it brings down the irritation level, which is good for overall well-being. And it’s a fun mental exercise. Source