CEO Charles d’Haussy doesn’t view centralized exchanges as competitors for dYdX. Decentralized finance (DeFi) organization dYdX Foundation, an independent nonprofit founded to support the dYdX protocol, recently launched a public testnet for its latest version, v4. According to the foundation, this puts them ahead of schedule for the impending launch of the v4 mainnet, something...Continue Reading

There’s a lot of work left to be done on Web 3.0. The European Commission is getting ahead of itself by trying to move to what it calls “Web 4.0.” On July 11, the European Commission formally adopted its new strategy on Web4 and virtual worlds with the aim of ensuring “an open, secure, trustworthy,...Continue Reading

Fidelity Digital Assets gave a bullish forecast for ETH in the next 12 months, while a separate survey from CryptoVantage found 47% of investors expect Ether to “surpass” Bitcoin. Fidelity Digital Assets released a “Q2 2023 Signals Report” on July 18, which claimed that Ether’s outlook for the next 12 months and the long term is...Continue Reading

A token maker provides the necessary infrastructure and functionalities for individuals or organizations to design, issue and manage their own tokens. Key considerations while selecting a good token maker A good token maker should be secure, rich in features and reputable. Picking the right token maker is paramount in ensuring that token creation is successful....Continue Reading

The crypto exchange is currently involved in a legal battle with the U.S. Securities and Exchange Commission over allegedly offering unregistered securities. Brian Armstrong, the CEO of United States-based cryptocurrency exchange Coinbase, is reportedly planning to meet with members of Congress to discuss digital asset legislation and related issues. According to a July 17 Bloomberg...Continue Reading

Representative Ritchie Torres shares a surname with Judge Analisa Torres in the SEC v. Ripple case and referred to the XRP court ruling as the ‘Torres Doctrine’. New York Representative Ritchie Torres has called on United States Securities and Exchange Commission (SEC) chair Gary Gensler to reconsider the regulator’s position on crypto following a “dreadful...Continue Reading

The bank used the Hedera network to settle payments in South Korean, Thai and Taiwanese currencies in real-time in its second stablecoin pilot project. South Korea’s Shinhan Bank has completed its second proof-of-concept using stablecoins for international remittances. Siam Commercial Bank’s SCB TechX unit and an unnamed Taiwanese financial institution also participated in the project....Continue Reading

BlackRock’s application for a spot Bitcoin ETF has kicked off the next Bitcoin bull run, which will culminate in 2024 with a speculative parabolic run, according to Morgan Creek Capital’s Mark Yusko. BlackRock’s application for a Bitcoin exchange-traded fund (ETF) has sparked the beginning of a new crypto bull market, which will go parabolic at...Continue Reading

Bitcoin returns to a tug-of-war over the $30,000 mark, with BTC price action costing RSI weeks of upside. Bitcoin (BTC) targeted new month-to-date lows at the July 18 Wall Street open as bulls refused to give up on $30,000 support. BTC/USD 1-hour chart. Source: TradingView BTC price: Heavy resistance risks weekly downtrend Data from Cointelegraph...Continue Reading

Blockchain protocols can’t (and shouldn’t) ignore AI’s potential, but it’s important to implement it with caution and care. Across industries, it seems all anyone is talking about is artificial intelligence. Even companies that aren’t tech-forward are scrambling to discover how AI works and what it could do for them. Given the impact AI is predicted...Continue Reading