Innovate some compliance mechanisms, US Treasury official tells DeFi community
    22 Apr 2023
    226 Views

    Assistant Treasury Secretary Elizabeth Rosenberg said the Treasury was enhancing its regulatory regime and that DeFi should program in some compliance. The United States Treasury did a risk assessment of decentralized finance (DeFi) and found the sector lacking in several ways, Assistant Treasury Secretary for Terrorist Financing and Financial Crime Elizabeth Rosenberg reminded an audience…

    Solana launches emissions dashboard to spur blockchain carbon footprint transparency
    22 Apr 2023
    219 Views

    The Solana Foundation has launched a real-time carbon emissions tracker to monitor the Solana blockchain. The Solana Foundation, in collaboration with data platform Trycarbonara, announced the launch of a real-time tracking dashboard to measure carbon emissions on the Solana blockchain. 1/ Today, the Solana Foundation is leading the charge in the climate fight by making…

    ‘Worst code I’ve ever seen’: Euro stablecoin faces centralization criticism
    21 Apr 2023
    207 Views

    Some pundits shared harsh sentiment toward a new euro-pegged stablecoin, but it’s not publicly accessible for the time being. Criticism has been leveled at a new euro-pegged stablecoin released in France due to a decision to restrict peer-to-peer transactions. French bank Societe Generale-Forge (SGF) released the Ethereum-based stablecoin called EUR CoinVertible (EURCV) on April 20, which is…

    Former Ethereum miner CoreWeave raises $221M in Series B
    21 Apr 2023
    207 Views

    The company ceased its Ether mining operations long before the Merge Upgrade was completed. On April 20, specialized cloud provider CoreWeave announced that it had secured $221 million in a Series B funding round, putting the company on track to expand operations and increase capacity in various emerging technologies. The raise was led by Magnetar Capital with…

    Blockchains like Solana brag about ‘speed’ — but it’s misleading
    21 Apr 2023
    210 Views

    Developers love to tout the number of transactions that blockchains can process per second. Unfortunately, that fixation often distracts from other important issues — such as network security. The throughput of blockchains — namely, their ability to process X number of transactions per second (TPS) — is often touted in such a way as to downplay other…

    Researchers find cryptocurrency ‘signatures of maturity’ similar to equities market
    21 Apr 2023
    201 Views

    Scientists at the University of Melbourne and Tsinghua University published pre-print research comparing the cryptocurrency market to traditional equities. A pair of computer science researchers recently published pre-print research indicating that the nascent cryptocurrency market is beginning to show a level of maturity similar to the traditional equities market. Dubbed “Collective dynamics, diversification and optimal…