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Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App

20.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox...

Polygon 2.0 begins groundwork for decentralized governance

20.7.2023
This expansion is set to encompass all blockchains and applications running on the Polygon network, thereby democratizing the upgrade process and fostering community participation

Bipartisan bill to regulate DeFi, crypto security risks, introduced into US Senate

19.7.2023
The bill was introduced in the evening and has not been published yet, but it is already causing a stir. Crypto Twitter calls it a “nonstarter.”

Centralized exchanges will become gateways for DeFi: dXdY Foundation CEO Charles d’Haussy

18.7.2023
CEO Charles d’Haussy doesn’t view centralized exchanges as competitors for dXdY

Web3 Revolution: ‘Low Latency Is King’ Says Fleek Network Lead Researcher

18.7.2023
According to Parsa Ghadimi, the lead researcher at the Web3 infrastructure platform Fleek Network, many developers of decentralized apps (dapps) continue to shun Web3 infrastructure because it has low latency. Ghadimi asserts that developers and users are more concerned with performance than...

Enterprise blockchain: ‘Ethereum for Business’ explains key use cases

16.7.2023
Paul Brody’s “Ethereum for Business” gives a basic overview of enterprise Ethereum, while providing real-world use cases of how EY clients leverage the technology

Synthetix takes on counterparty risks with Infinex derivatives exchange

15.7.2023
The upcoming exchange, Infinex, will cater to both novice and experienced traders by offering features similar to centralized exchanges (CEX)

Token hoarders defeat the purpose of most DAOs: Study

14.7.2023
The study also showed that decentralized organizations work best when they’re built around a tight-knit group of focused participants

The Fall of Multichain: A Tale of Unexpected Turbulence and Security Breaches

14.7.2023
In an unforeseen chain of events that unfolded between May and July 2023, the CEO of Multichain, Zhaojun, was apprehended by Chinese authorities, destabilizing the blockchain project. The situation escalated when user assets began to be transferred to unknown addresses. From Seizure to Shutdown:...

Decentralized Wireless Network Operator World Mobile Gains Licensed Spectrum for US Coverage

14.7.2023
Decentralized wireless network operator World Mobile has secured licensed spectrum in four US states. In a Thursday press release, the company said the licensed spectrum, obtained in states including California, New Mexico, Nevada, and Utah, provides a strong foundation for its expansion plans...

BIS Report Cites ‘Inherent Limitations’ of Cryptocurrencies; Questions Their Role in Global Economy

13.7.2023
The Bank of International Settlements (BIS) has published a report on cryptocurrencies and explains that the technology has serious “flaws.” BIS researchers insist that permissionless blockchains have “inherent limitations” that lead to network congestion and high fees. BIS Report: ‘Crypto Has...

Regulation, User Trust, and Tech Constraints Stand in the Way of Mass Crypto (Banking) Adoption, Says Brighty’s CTO Nikolay Denisenko

10.7.2023
In an interview with Cryptonews, Nikolay Denisenko, the co-founder and CTO of mobile digital finance Brighty app and former Lead Backend Engineer at neobank Revolut, spoke of the major challenges crypto companies face when moving into neobanking. He further discussed how neobanks can utilize DeFi...

BLU Mission Forms Strategic Partnership with Unidef to Foster Decentralization

10.7.2023
PRESS RELEASE. Dubai, UAE — July 10, 2023 – Today, BLU Mission, an organization committed to the growth and integrity of the broader crypto ecosystem, is excited to announce its partnership with Unidef (unidef.org). The collaboration aims to expedite the transition towards a decentralized...

Vitalik Calls Out ‘Centralized World’ Stifling Crypto Innovation, Tim Draper Adjusts BTC Price Prediction, and More — Week in Review

9.7.2023
“The real competition is not other chains, it’s the rapidly expanding centralized world that is imposing itself on us as we speak.” So says Ethereum co-founder Vitalik Buterin addressing the current volatile regulatory realities in crypto. In other news, venture capitalist Tim Draper...