“We’re not necessarily looking for more authority without more resources,” said Dan Berkovitz in regards to crypto markets. Dan Berkovitz, one of three commissioners currently serving at the U.S. Commodity Futures Trading Commission, said while the agency is suited to futures contracts, swaps, and options trading, it would need additionalContinue Reading

Layer-two-based DeFi and DEX platforms have seen an incredible surge in user activity, revenue and total value locked since the launch of Arbitrum and Avalanche’s cross-chain bridge. In the increasingly competitive landscape of blockchain technology and cryptocurrencies, protocol innovation and the ability to solve the biggest problems facing the cryptoContinue Reading

Mysten Labs’ engineers formerly created the blockchain network on Facebook’s Diem and Novi crypto projects. Sommelier, a co-processing protocol to the Ethereum Virtual Machine, or EVM, has today announced a research and development partnership with Mysten Labs to increase liquidity transaction speeds and launch smart contract applications on the CosmosContinue Reading

Efforts to expand Bitcoin’s functionality for payments, smart contracts and Web 3.0 are well underway, opening the door to wider mainstream adoption. Dfinity Foundation’s Internet Computer blockchain is bringing smart-contract capabilities to the Bitcoin (BTC) network, potentially opening the door to new use cases for the premier cryptocurrency.  Internet ComputerContinue Reading

The advent of the blockchain-driven economy is attracting a new demand for operational intelligence and monitoring services. Blockchain intelligence platform Metrika has concluded a $14 million Series A fundraiser to bootstrap the next phase of its growth strategy, further underscoring the venture capital demand for budding blockchain startups.  Metrika announcedContinue Reading

The government agency hinted at possible additional sanctions for “financial institutions, cyber insurance firms, and companies involved in digital forensics and incident response” that facilitated ransomware payments. The United States Department of the Treasury has announced it will impose sanctions on Czech Republic and Russia-based business Suex OTC for allegedlyContinue Reading