Optimism and other layer 2 scaling systems such as Arbitrum are supposed to make transactions on the Ethereum blockchain cheaper and faster. After Ethereum completes its EIP-4844 upgrade, also called proto-danksharding, later this year, it will make transaction...
Tolokonnikova began creating Putin’s Ashes in August, when Pussy Riot members burned an image of Russian President Vladimir Putin in a protest. Collecting the ashes from the event, Tolokonnikova bottled them to create the artwork for the NFT...
Web3 loyalty programs have numerous advantages over traditional loyalty programs, but three will resonate the most with policymakers: ownership, control and interoperability. With a Web3-based loyalty program, users have true ownership of their points, tier status and brand-related...
MNGO, a crypto governance token that grants its holders voting rights over Mango Markets’ operations, “was offered and sold as a security,” the SEC said, noting it is investigating “other securities law violations” alongside the Eisenberg case. That...
“We have to hold 100% of client assets (same kind and same amount) in cold wallets every day,” said Takaaki Kato, head of sales and trading at Bitflyer, one of Japan’s largest crypto exchanges. “If this is not...
Hu joined Dragonfly Capital, a crypto-focused investment banking firm, in 2019 as a general partner and head of liquid strategy. He previously spent three years as an associate at BlackRock with the Alternative Investment Group. In April, Dragonfly...
Such meteoric rises, Johnson explained, are often followed by an all-too-common ending: “Like lightning striking, in an instant, the exchange suspends trades, shutters the windows for withdrawals, silences traffic on its website and files for bankruptcy protection, leaving...
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One promise on which President Yoon has been able to deliver, however, is the legalization of securities tokens, which are blockchain-based digital forms of traditional securities. On Jan. 19, FSC Chairman Kim Joo-Hyun announced that security token offerings...
What is critical to the development of crypto in the broader market now is “accurate timely information,” according to Hill, and that depends on developing “definition and expectations,” to better understand what, when and how crypto-related assets...