To achieve the net-zero goal ASAP, we must find a way to actively integrate end consumers into the energy market. The answer is Decentralized Physical Infrastructure Networks, says Kai Siefert, founder and CEO of Combinder, a user-owned distributed energy network. Source
“Over 87% of crypto registrations were rejected, withdrawn or refused,” the FCA said. “We help firms applying for authorisation by communicating our expectations and issuing guidance on good and poor practice. This is helping firms understand what is required – 44 crypto firms now have money laundering registration.” Source
Blink if you’ve missed it, but Web3 – the idea that users can have digital ownership powered by cryptography, blockchain and digital assets – is happening on Telegram, and in a major way. Web3 is now available on anyone’s smartphone. It’s a hugely positive development somewhat ignored by all the recent, mostly negative, news surrounding Telegram. Source
BCB closed a $60 million Series A funding round in January 2022. The round was co-led by Foundation Capital with participation from BACKED VC, PayU (the e-payments business of Prosus), Digital Currency Group, Nexo, Wintermute, Menai Financial Group, Circle, Tokentus Investment, Cowa, Profluent Ventures and LAUNCHub Ventures. Source
Barnier, 73, is the European Union’s former Brexit negotiator and is affiliated with the right-wing Republican party. Attal, a 35-year-old from the centrist Renaissance party, resigned shortly after the July 8 election left the left-wing coaltion New Popular Front with the most seats in the parliament. Source
Euler, a DeFi lending protocol that suffered a $200 million-plus exploit in 2023, says it has reemerged with the launch of Euler v2, “a meta-lending protocol that enables unlimited use cases for on-chain credit.” According to the team, “the protocol will allow builders to create highly customizable borrowing and lending vaults that can be permissioned or permissionless. As decentralized finance continues to gain traction and more users seek out secure and efficient ways to manage credit on-chain, Euler v2 will play a pivotal role in scaling the crypto lending market,…
Stakers and node operators will receive 70 million tokens, while ecosystem partners and the EigenLayer community will receive 10 million and 6 million respectively, with distribution due to start on Sep. 17. The tokens equate to around 5% of EIGEN’s total supply, which will be 1.67 billion tokens at launch. Source
Bitcoin fell below $57,000, erasing gains from Wednesday’s brief rally above $58,000. BTC was trading around $56,800 at the time of writing, around 0.3% higher than 24 hours ago. The broader digital asset market, as measured by the CoinDesk 20 Index, added about 1%, with SOL and DOGE leading the gains. Bitcoin peaked above $65,000 on Aug. 25 and has been falling ever since, with the downtrend characterized by brief, shallow bounces, a sign of a persistent “sell-on-rise” mentality. This likely stems from increasing U.S. recession risks, which lead to…
Crypto markets are becoming increasingly financialized, and hashrate-backed contracts are not new. What’s unique about Blockstream’s note is its duration. Most contracts lock in the hashprice for up to 12 months, James Macedonio, Blockstream’s SVP global head of mining sales and business development, said. BMN2, an EU-compliant security token, gives exposure to the bitcoin hashrate over a 48-month period. Source
“We are pleased to put this matter behind us,” said Lucas Moskowitz, Robinhood Markets’ general counsel in an emailed statement. “The settlement fully resolves the Attorney General’s concerns related to historical practices, and we look forward to continuing to make crypto more accessible and affordable to everyone.” Source