Major cryptocurrencies are unchanged over 24 hours. But masking the calm are erratic back-and-forth price swings around the Fed meeting that flushed out leveraged futures bets, triggering heavy liquidations. About $286 million in positions were liquidated across 87,294 traders in 24 hours, according to CoinGlass. Longs accounted for $186 million of the damage and shorts
U.S. Securities and Exchange Commission Chair Paul Atkins said the regulator is prepared to write crypto market rules if Congress fails to pass the CLARITY Act, offering an agency-led fallback as Senate negotiations continue. Summary SEC Chair Paul Atkins says agency rules could proceed if Congress fails to pass CLARITY. Senate Banking advanced the bill
This alert is related to a consensus issue that occurred on the Frontier network at block 116,522, mined on 2015-08-20 at 14:59:16+02:00 – Issue has been fixed, see “Fix” below. Impact: High Issue description: State database consensus issue in geth with deletion of account data, which could happen during SUICIDE instructions. Affected implementations: All geth implementations
Pro-crypto Senator Cynthia Lummis on Wednesday slammed Democrats for holding back the Clarity Act. Speaking on the Senate floor, Senator Lummis, of Wyoming, spoke of the bipartisan work that had gone into the bill — but questioned why it was stalling. Lawmakers are hoping the Clarity Act gets passed before Congress departs for August recess.
Crypto exchange Luno is cutting about 20% of its global workforce as part of a restructuring confirmed on July 28 by Chief Executive James Lanigan. Summary Luno is cutting 20% of its global workforce while expanding institutional and business-to-business services worldwide. Twelve crypto-related companies reported July restructurings, with 894 disclosed jobs affected across six named
ETH DEV would like to thank everyone for their participation in the Olympic test network, which helped us greatly in stress testing, optimization, and finding bugs in the Ethereum clients, as well as determining what the limits of the current Ethereum system are. To that end, we are pleased to announce the Olympic reward recipients.
The global internet ecosystem is shifting from a centralized model to something that is decentralized and verifiable. Although it’s a huge industry, there are some strategic bottlenecks that occur, especially in terms of the hardware and the infrastructure that powers the entire ecosystem. To address this evolution and these bottlenecks, Sol SyncUp is co-hosting an
Robinhood Markets reported record second-quarter revenue on July 29, as growth in event contracts, options and equities offset another decline in cryptocurrency trading. Summary Robinhood’s Q2 revenue rose 32% to a record $1.31 billion, while net income climbed 48%. Event contract revenue reached $156 million, rising more than 10x and overtaking cryptocurrency transaction revenue. Crypto
An increasing number of proposed applications on top of Ethereum rely on some kind of incentivized, multi-party data provision – whether voting, random number collection, or other use cases where getting information from multiple parties to increase decentralization is highly desirable, but also where there is a strong risk of collusion. A RANDAO can certainly
Vitalik Buterin wants Ethereum to stop competing primarily on speed and focus instead on what the Ethereum Foundation calls CROPS, the cypherpunk properties of censorship resistance, openness, privacy and security. The success of that bet will ultimately depend on whether anyone values those properties enough to matter. Against a backdrop of growing competition from rival
