60 Organizations Launch Campaign Urging US Congress to Protect Privacy

On Wednesday, 60 organizations involved in cryptocurrencies, open-source and free software, and human rights and privacy-preserving projects launched a new campaign calling on the 118th U.S. Congress to protect privacy. The groups, including Fight for the Future, Electric Coin Co., and the Tor Project, insist that Congress needs to deliver policies dedicated to standing up … Read more

Defi More Scalable Than Traditional Finance, New Study Says

Despite the market conditions that prevailed in much of 2022, decentralized finance (defi) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has said. Even though the total value locked dropped from the peak of $180 billion in Dec. 2021, to just over $50 billion by end of … Read more

Crypto Settlement Startup Zebec Gets $15 Million to Craft Programmable Cash Stream Payments

The multi-signature treasury management and settlement startup Zebec has revealed the company has raised $15 million in order to bolster a continuous and programmable cash stream protocol on the Solana blockchain. Zebec says the company aims to be the “payment solution for DAOs, crypto projects, Web3 and the metaverse.” Zebec Raises $15 Million to Bolster … Read more

Bank of Russia Lists Crypto Companies Among Financial Pyramids

The Central Bank of Russia has recently expanded its database of financial market players suspected of illicit activities. Several crypto companies have been added to the list along with entities bearing signs of Ponzi schemes, as well as illegal credit organizations and forex dealers. Central Bank of Russia Blacklists Crypto Platforms As part of its … Read more

Bank of Russia Tests Services Related to Cryptocurrencies

Russia’s central bank has examined three platforms offering crypto-related services. The projects have been tested in its regulatory sandbox in the course of 2020. Bank of Russia has received dozens of requests to pilot various financial services since it created the closed regulatory environment around three years ago. CBR Pilots 3 Crypto Projects in 2020 … Read more

Analyst Lyn Alden Says Ethereum Is Still an ‘Unfinished Project’

A bitcoin (BTC) strategist and investor remain skeptical towards the Ethereum protocol, considering it an “unfinished product.” Lyn Alden, an advisor for the dollar cost averaging BTC investing app Swan Bitcoin, believes the network lacks a concrete model, “other than just speculation.” Alden Prefers Bitcoin’s Modular Design From an Engineering Perspective In a blog post … Read more

Film Reels and Steel: Github Plans to Archive Bitcoin Code for 1,000 Years

The Microsoft subsidiary, Github recently revealed the “Archive Program,” an initiative that aims to preserve open source technologies for 1,000 years. The newly launched effort plans to store snapshots of open source technology 250 meters underground on the Norwegian island of Svalbard. The source code management and collaboration platform also plans to store the Bitcoin … Read more

Crypto Bulls Roadshow Coming to Over 15 Indian Cities — With Government Participation

India’s Crypto Bulls Roadshow, a nonprofit initiative to prepare India for the next bull run, is coming up, and government organizations are joining the drive. Currently, 15 cities in India are planned for but more may be added based on demand. There is no fee to participate in the roadshow and there will be online … Read more