MegaLabs, Behind the ‘Real-Time’ Blockchain, Raises $20M, Led By Dragonfly
The fresh round of capital will go towards building out the MegaETH protocol, with the aim of having a testnet go live in the next few months.
U.S. Supreme Court Says No More In-House Tribunals for the SEC, Other Federal Regulators
The U.S. Supreme Court ruled Thursday to strip the U.S. Securities and Exchange Commission (SEC) of one of its key enforcement processes, deciding in a 6-3 vote that the federal agency’s use of in-house judges is a violation of the constitutional right to a jury trial.
The Prize for Owning Web3 Distribution Is Enormous. Here’s Why It Won’t Go to Big Tech
Ten years from now, decentralized organizations will be the new leading class, with the FAANGs of the world as specialized service providers. Who will lead distribution is even more intriguing, says Alex Felix, Co-Founder and Chief Investment Officer of CoinFund.
DePIN Is the Sharing Economy 2.0
Daniel Andrade, co-founder of Hotspotty, was deep in the DePIN space before it had a name. More than an incremental innovation for crypto, he sees it as a fundamental shift in how we manage everything from wireless networks to energy grids.
Every DePIN Has a Story
Sean Carey, the co-founder of Helium, says decentralized physical infrastructure (DePIN) can solve real problems while rewarding users. This is what he expects to see in the future.
Crypto for Advisors: Decoding the Ether ETF Filings
For fans of crypto, ETFs, or both, the potential spot ether ETF launch has carried on the excitement that began earlier this year with the spot bitcoin ETF launch.
How Make Money on Crypto: A Guide to Staking on CryptoHeap
What are crypto assets and how do they work? Crypto assets are digital currencies, tokens, or NFTs that use cryptography … Continue reading
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Coinbase Accuses U.S. SEC, FDIC of Improperly Blocking Document Requests
A research firm Coinbase contracted is suing the U.S. Securities and Exchange Commission (SEC) and a federal banking agency, accusing them on Thursday of failing to produce documents under open-records laws that would shed light on the regulators’ views on cryptocurrencies.
Bitcoin Miner CleanSpark to Buy Peer GRIID in $155M Deal
The deal will be all-stock based and has been approved by both companies’ board members.
EU’s Restrictive Stablecoin Rules Take Effect Soon and Issuers Are Running Out of Time
The European Banking Authority told CoinDesk it intends to publish a final report on how it will monitor stablecoin issuers by the end of the month.