The CFTC is putting a lot of effort into decentralized finance (DeFi). CFTC Chair Rostin Behnam has made it clear that aggressive regulation of this developing field is not negotiable, a month after the agency resolved accusations against key DeFi protocols. Behnam made a striking comparison during his talk at
Just like a Phoenix, Polker is rising from the ashes. The past eighteen months have been challenging across the blockchain industry, but Polker has displayed resilience during these dark times. Poly Network was hacked in July, and their bridge lost control of over 50 tokens – PKR included. Despite having
SAN FRANCISCO–(BUSINESS WIRE)–#blockhain—Toku and Quantstamp, two leading companies serving the web3 industry, are excited to announce a strategic partnership that brings security audits and compensation tax audits together as part of a bundled service to provide blockchain companies with seamless support to power their businesses. As the web3 industry continues
The cryptocurrency market was buzzing as the MKR token from Maker DAO took center stage, reaching a peak not seen since May 2022, a 16-month high. Further, as of today, September 27, MKR has continued to make a strong impression on investors, surging from its low point of $504 in
Ibiza NXT returns with its third edition, taking place from October 4th to 6th on Ibiza, the globally renowned ‘White Island’. This iconic destination has embarked on a transformative journey to evolve into a ‘blockchain island’ committed to enhancing connectivity, scalability, and sustainability within its vibrant community. This year’s conference
Tezos Foundation, which promotes development on the Tezos blockchain, is backing its exclusive naming service Tezos Domains with their IDO already live for the Tezos community. TrustSwap launchpad is meant to host the IDO for wider communities on 25th September 2023. The project has announced their Initial Decentralized Offering (IDO)
The plan to sell 116 million OP tokens to seven individual purchasers have been made public by Optimism as part of its treasury management strategy. Considering the current market price of OP tokens, the sale will generate approx. $159M. While it was speculated that Optimism will “dump” its tokens on
The countdown is on as NexTech Week Tokyo returns to Makuhari Messe in Japan this autumn! Mark your calendars for October 25–27, 2023, as preparations are underway to welcome tech enthusiasts, industry professionals, and curious minds from around the world. With over 300 industry-leading exhibitors, NexTech Week Tokyo sets a
Layer 2 scaling solutions, like Polygon, Arbitrum, and Optimism, are improving different aspects of L1 blockchains, including decentralization, security, and interoperability. Meanwhile, Layer 3 networks, with their application-specific paradigm, are customizing trends and progress in the broader blockchain ecosystem. New paradigms and decentralized applications (dApps) are continually emerging in this
Transaction and wallet activity on Tron, a measure of its popularity among investors and traders, have lately grown, lending credence to the recent price jump. Moreover, Tron’s founder, Justin Sun, has shown interest in purchasing the assets of defunct cryptocurrency exchange FTX. The goal, as the founder of Tron indicated,
