“Toposware joining Polygon Labs signals our continued commitment to building the world’s best ZK research and development team,” said Marc Boiron, the CEO of Polygon Labs, in a telegram message to CoinDesk. “ZK technology is central to our overarching strategy, driving initiatives including building the leading aggregated blockchain network with the AggLayer, empowering developers to launch new L2 chains on Ethereum with the CDK, enabling DeFi projects to scale and enhance security with Polygon zkEVM and enhancing the security of Polygon PoS as it becomes ZK enabled.” Source
Tag: Firm
Bitcoin (BTC) Layer 2 Ark Protocol’s Team Forms New Firm as Lightning Network Competitor
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Bitcoin Firm Unchained Partners With University of Texas to Launch $5 Million Bitcoin Endowment Fund
The financial services firm Unchained and the University of Texas have partnered to launch a long-term endowment fund in bitcoin (BTC). Joseph Kelly, CEO and co-founder of Unchained, set the ball rolling with a personal donation of two bitcoins. The bitcoin financial services firm also intends to connect UATX faculty and their research with key […] Original
NYDFS Issues New Crypto Firm Guidance for Consumer Complaints
“Consumers have a right to a transparent and timely process for resolving complaints and answering questions, irrespective of the company or product in question,” said NYDFS Superintendent Adrienne A. Harris. “This guidance outlines clear expectations for a positive customer experience, which benefits both consumers and business.” Source
Research Firm Predicts Ethereum Explosion To $15,000 With ETFs
Michael Nadeau, founder of The DeFi Report, has published a deep dive into the implications of the approval of spot Ethereum (ETH) Exchange-Traded Funds (ETFs) on the cryptocurrency’s price trajectory. This analysis follows on the heels of a significant regulatory nod from the US Securities and Exchange Commission (SEC), which approved the 19b-4 applications for eight leading financial entities — Grayscale, Bitwise, BlackRock, VanEck, Ark 21Shares, Invesco, Fidelity, and Franklin. These approvals, granted under a collective omnibus order on May 23, set the stage for the final steps, which involve…
Medical Tech Firm Semler Scientific Invests in Bitcoin, Acquires 581 BTC
On Tuesday, the publicly traded medical technology firm Semler Scientific announced its decision to allocate bitcoin to its treasury. The company disclosed that it had acquired 581 bitcoins for a total of $40 million. Semler Scientific Embraces Bitcoin Joining the trend initiated by Microstrategy in 2020, another company has reportedly begun holding bitcoin on its […] Original
Crypto Lending Firm Maple Finance Unveils Syrup Yield Platform and Rewards Token
Maple’s Syrup promises users yields of 15% by depositing Circle’s USDC stablecoin into the platform, for which those users receive LP tokens (syrupUSDC), with additional yield in the form of “Drips,” a loyalty payment derived from using the SYRUP rewards token, Maple said in a press release on Tuesday. Source
Crypto Infrastructure Firm Ramp Network Secures Ireland Registration
It plans to make Ireland its European headquarters and secure a license as a Crypto Asset Service Provider. Source
Bittrex Global CEO commends Thailand’s firm regulatory approach towards crypto
In an interview with crypto.news Oliver Linch, CEO of Bittrex Global, discussed Thailand’s regulatory direction regarding the cryptocurrency sector. Thailand’s Securities and Exchange Commission (SEC) has intensified its regulatory framework to curb unlicensed crypto activities, citing fraud and money laundering concerns. “The SEC warns people and investors to be cautious about using unauthorized digital asset operators because they do not receive legal protection,” the regulator said in a statement. The commission banned access to unlicensed crypto exchanges last month and introduced significant changes aimed at fortifying the digital asset market.…
Research Firm Favors Bitcoin (BTC) ‘Covered Strangle’ Strategy to Enhance Portfolio Yield
“Our favorite strategy is to buy bitcoin Spot, Sell 100,000 strike call, and Sell 50,000 strike put for the December 2024 expiry. Selling the call could yield 11%, and selling the put could yield 6%,” Markus Thielen, founder of 10x Research, said in Monday’s client note, detailing the suggestion. Original