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27 May 2021
FinCEN seeks presentations on zero-knowledge proofs, other privacy tech for September event
The Financial Crimes Enforcement Network (FinCEN) announced Wednesday that it is soliciting participation for its Innovation Hours Program on September 9, 2021.
Specifically, FinCEN is seeking out input from companies that deal with privacy technology such as zero-knowledge proofs, an encryption me...
The team behind the decentralized exchange (DEX) Uniswap is preparing to deploy the exchange on the upcoming Ethereum scaling solution Arbitrum. The deployment will go ahead as long as a snapshot vote passes, one that is showing overwhelming support in favor of the expansion.
Uniswap is the biggest ...
Large investors used bitcoin’s price crash last week to acquire more coins, according to blockchain analytics firm Chainalysis.
In its latest market intel report, Chainalysis chief economist Philip Gradwell wrote that “investor whales” bought 77,000 bitcoin last week, an amount currently worth just...
Quick Take
Polygon is a scaling solution built on top of the Ethereum blockchain
Since its rebranding in February, Polygon has grown in TVL from 0.5B to 5B in May, with notable partnerships with AAVE, Curve Finance and SushiSwap
Polygon intends to build a suite of scaling solutions ran...
News
27 May 2021
Sichuan hosts seminar to gauge potential bitcoin mining ban’s impact on hydropower economy
Government officials of Sichuan's energy regulators are hosting a seminar next week to gauge the impact that shutting down local bitcoin mining activities would have had on the hydro-electricity excess this year.
The Sichuan energy regulatory office under China's National Energy Administration sent ...
The situation in the cryptocurrency market can be called nothing short for a real “storm”. At a moment like this, we're all deeply concerned about our crypto assets while trying to protect it from devaluing and future risks.
Any experienced crypto holder will tell you that i...
News
26 May 2021
Carl Icahn hints at investments in the crypto space, says ‘I’m looking at the whole business’
Billionaire investor Carl Icahn is eyeing the crypto space, according to a Wednesday interview, though he appeared to demur on the idea of making direct purchases in the immediate future.
Icahn cited both bitcoin and Ethereum in an interview with Bloomberg, remarking that "While I don't now own cryp...
Securities and Exchange Commission (SEC) chair Gary Gensler thinks crypto is slipping through certain gaps in the current regulatory system, and exchange regulation is the way to address them.
During a Wednesday hearing before the Financial Services and General Government subcommittee of the House ...
A PayPal executive said Wednesday that the payments giant is working to allow its customers to withdraw their cryptocurrency holdings.
Speaking at CoinDesk's Consensus 2021 virtual conference, Jose Fernandez da Ponte — a PayPal vice president and general manager for blockchain, crypto and digital cu...
News
26 May 2021
Apple cites cryptocurrency experience in job post for alternative payments biz dev role
Two years ago, Apple Pay vice president Jennifer Bailey said that there was a “long-term potential” for cryptocurrency.
A new job posting indicates that the technology giant remains interested in cryptocurrencies — at least, in the border context of alternative payment methods.
Apple is currently ...
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