Coinbase to Invest $2 Million USDC in DeFi Protocols Compound and dYdX news Coinbase is putting money to work as part of a bid to grow the decentralized finance (DeFi) ecosystem.Announced Tuesday, the US cryptocurrency exchange is investing 1 million USDC each in lending protocols Compound and dYdX.Called the “USDC Bootstrap Fund,” Coinbase says the new fund will support developers by “investing USDC directly in the… R3 Partners With Dubai Firm to Tap $120 Billion Sukuk Market news R3 struck a strategic partnership with Dubai-based fintech startup, Wethaq, to build next-generation financial architecture for Islamic capital markets.Wethaq, a “platform-as-a-service” firm, aims to use R3 Corda’s blockchain to manage the pre-sale, issuance, management and financialization of Sukuk securities, Islamic financial certificates similar to bonds.According to the International Islamic Financial Market Annual… Ethereum 2.0: Closer Than Ever, Still Plenty of Work to Do Jul 31, 2020 at 12:50 UTCUpdated Jul 31, 2020 at 13:00 UTCEthereum art (CoinDesk archives)Ethereum 2.0: Closer Than Ever, Still Plenty of Work to Do“Though now evolved in many ways,” Gavin Wood wrote in Ethereum’s 2015 yellow paper, “the key functionality of a blockchain with a Turing-complete language and an effectively unlimited inter-transaction storage capability… Australia Wants Citizens With Disability to Settle Insurance on a Blockchain An Australian federal science agency is working with one of the “Big Four” commercial banks in the country to test a blockchain application that aims to make it easier for citizens with disabilities to settle insurance payments.The Commonwealth Bank of Australia (CommBank) and the Commonwealth Scientific and Industrial Research Organization (CSIRO) said in an announcement… Inside the Craze for Filecoin Crypto Mining in China Jul 13, 2020 at 02:15 UTCProtocol Labs co-founder and CEO Juan Benet speaks at CoinDesk’s Construct 2017 conference.(CoinDesk archives)Inside the Craze for Filecoin Crypto Mining in ChinaAs Filecoin inches closer to a blockchain mainnet launch – after several delays since its $200 million raise in 2017 – investors in China are again speculating heavily… As Bitcoin Cash Hard Forks, Unknown Mining Pool Continues Old Chain news A rogue chain has developed during a planned bitcoin cash hard fork, as an unknown mining pool failed to update to the new chain’s software.
The on-going chain battle, which should be resolved by bitcoin cash’s internal rules, gives an insider look into how proof-of-work (PoW) consensus mechanisms operate.The hard fork occurred on… Japanese City to Trial Blockchain Voting System Dec 7, 2020 at 9:31 a.m.UTCJapanese City to Trial Blockchain Voting SystemA Japanese city is turning to blockchain technology to allow residents to vote online in local elections.According to an announcement on Thursday, Tokyo-based blockchain firm LayerX and digital ID solutions provider xID have teamed up to build a “safe and convenient” voting platform… CFTC Chair Giancarlo Hints at What’s Holding Back Bakkt’s Bitcoin Futures feature The Takeaway Bakkt, the proposed bitcoin futures exchange, remains in regulatory limbo CFTC Chairman Christopher Giancarlo wouldn’t discuss specific proposals, but his general comments about crypto regulation offer hints at the reasons Bakkt is languishing Part of the problem appears to be the firm’s plan to custody its own bitcoin, and clear trades through… Leave a Reply You must be logged in to post a comment.Search.
