The Crypto Industry Responded to the IRS Proposed Broker Rule
Some people are concerned about privacy. Some about veri. And some about…Richard Heart?
Financial
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Financial
The Graph, Known as ‘Google of Web3,’ Plans AI-Assisted Querying
The blockchain indexing protocol released a new roadmap to add features, in one of the project’s biggest upgrades since a $50 million fundraising in 2022.
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Ether Could Hit $3,000 as Soaring Network Activity Turns Token Deflationary
The Ethereum blockchain settled $250 billion of transactions last week, the highest since mid-March, underpinning ether’s bullish outlook.
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U.S. Banking Watchdog Hsu Says Tokenization Promising, But Crypto Full of Fraud
Michael Hsu, the acting chief of the U.S Office of the Comptroller of the Currency that oversees banks, is excited about the possibilities of tokenization to solve settlement problems.
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Avail, Data Availability Solution to Rival Celestia, Unveils ‘Incentivized Testnet’
The announcement comes as Celestia’s recent launch and airdrop has kindled interest in “modular” blockchain projects that can relieve the burden on primary networks like Ethereum.
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Crypto VC Funding Slowed Last Week as $35M Raised in 9 Deals Including Uniswap DAO
Summary of blockchain project fundraising for the week of Oct. 30 to Nov. 3. Highlights included a $12M raise for Ekubo Protocol and $6.3M for the AI-based blockchain project Modulus.
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U.S. Federal Reserve’s Barr Holds Line on Central Bank Needing Stablecoin Powers
Vice Chairman Michael Barr argued that the Fed needs regulatory and enforcement authority over stablecoin issuers – a point of contention in the debate over legislation.
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Nil Foundation Plans New Ethereum Rollup With Zero-Knowledge Proofs, Sharding
The foundation claims that this will be the first ZK rollup that enables sharding, combining two popular scaling technologies.
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Crypto Broker sFOX Offers Commission-Free Blockchain Staking from Regulated Custody
“We are providing a gateway to staking without stepping in the middle or taking any revenue or profit,” founder Akbar Thobhani said.
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Coinbase Adds Four National Security Experts to its Global Advisory Council
Coinbase has been embattled in efforts to legitimize crypto in the U.S. and is fighting the U.S. Securities and Exchange Commission (SEC) in an unregistered-securities dispute.