crypto
* Decentralized finance (DeFi) protocol Sky's new stablecoin could have a decentralized court-like appeals process. * The stablecoin USDS won't have a freeze function at launch but can be upgraded with it later. * If the freeze function goes live, users can tap into decentralized governance for transparency. * The
blockchain
* Executives from Blockchain Capital, MetaGood, Dragonfly, Arche Capital, and Breyer Capital discuss venture capital strategy at Wyoming Blockchain Symposium. * Investors with traditional approaches lag behind crypto-native counterparts in terms of investment performance. * Dragonfly's Rob Hadick highlights the differences in liquidity, development time, risk, and open source nature of
crypto
* Vice President Kamala Harris will support policies to foster the cryptocurrency industry, according to a senior campaign advisor. * The Democratic National Committee Chair, Jamie R. Harrison, met with executives from Bitcoin mining firm Marathon Digital. * The Democratic Party's official platform does not mention cryptocurrencies or blockchain technology. * Democratic
crypto
* FedNow launched in July 2023, aimed to disrupt crypto but failed. * Crypto market cap increased by 59% since FedNow's launch. * FedNow's features overlapped with blockchain value propositions. * FedNow didn't displace most crypto assets, including XRP. * XRP community lost hope in FedNow's impact
australia
* Australian stablecoin startup Stables expands to Europe with Mastercard partnership. * Stables users can use USDC for purchases in 27 European countries. * Stablecoins gaining mainstream adoption beyond crypto enthusiasts. * Stablecoin transaction volumes surge in 2023 for trading and payments. * Australia seen as ideal regulatory "sandbox" for crypto firms. * Stables
bankruptcy
* FTX creditors can choose cash or crypto payout at market value. * Judge approved voting plan for creditors on June 25. * Creditors dissatisfied with proposed 118% cash return plan. * Vote aims to gather feedback from FTX customers. * Creditors have until Aug. 16 to vote on the plan. * FTX has recovered $11.
assange
* Julian Assange freed after plea deal with U.S. DOJ, ending legal battle. * AssangeDAO raised 16,500 ETH for legal costs, facing calls for transparency. * WikiLeaks accepted Bitcoin donations, sustaining operations during financial blockades. * Assange's release marks end of jail time, using private jet funded by crypto enthusiasts.
crypto
* 54% of Japanese investment managers plan to invest in crypto in next 3 years. * 25% of firms have a positive impression of digital assets. * Preferred allocation to crypto is 2%-5% of AUM. * 62% view crypto as a diversification opportunity. * Main driver for future investment is development of new products.
crypto
* 54% of Japanese investment managers plan to invest in crypto assets in the next 3 years. * 25% have a positive view of cryptocurrencies like bitcoin and ether. * 62% see crypto assets as a diversification opportunity. * Primary drivers for investment include ETFs, staking, lending, and other financial products. * Japan aims to
crypto
* MakerDAO delegate loses $11M in Aave Ethereum and Pendle USDe tokens in phishing scam. * Scam Sniffer detected incident on June 23. * Delegate signed multiple phishing signatures, leading to loss of digital assets. * 3,657 aEthMK tokens transferred to recipient address in 11 seconds. * Delegate plays key role in MakerDAO governance,
bitcoin
* Winklevoss twins donated $2 million in Bitcoin to Trump's campaign, exceeding legal limits. * Trump's campaign refunded the excess amount, citing federal law restrictions. * Gemini founders criticized Biden's administration for anti-crypto stance. * The twins support Trump as pro-Bitcoin, pro-crypto, and pro-business. * Trump's acceptance
crypto
* The FSB will focus on risks of stablecoins in emerging economies. * Challenges from increased stablecoin adoption in the crypto sector will be considered. * FSB discussed challenges in monetary policy and capital flow management in EMDEs. * Global stablecoin arrangements in EMDEs pose higher adoption and risks. * Stablecoin regulation remains unresolved between