Project Manager at Square Crypto Stresses Focus on Bitcoin in Twitter AMA

[ad_1] Steve Lee, a project manager at Square Crypto — the crypto arm of the payments company Square — made a number of recent remarks that solidify the company’s emphasis on Bitcoin (BTC). Lee commented to this effect in the course of an “ask me anything” (AMA) session via Twitter on July 29.Jack Dorsey had previously discussed how Square Crypto aims to develop the crypto ecosystem in general, and is

US Defense Dept. to Experiment With Blockchain-Based Security

[ad_1] The United States Department of Defense (DoD) is pursuing blockchain solutions for cybersecurity as part of its digital modernization strategy.The DoD released plans for blockchain tech in its four-year roadmap on July 12, entitled “DoD Digital Modernization Strategy: DoD Information Resource Management Strategic Plan FY19–23.”According to the report, the DoD’s research branch, the Defense Advanced Research Projects Agency (DARPA), is currently engaged in at least two exploratory blockchain projects

Head of SEC Enforcement Dept. for Cryptocurrency, Cyber Security Resigns

[ad_1] The chief of the United States Securities and Exchange Commission (SEC) Division of Enforcement's Cyber Unit, Robert A. Cohen, has stepped down from his role at the commission.According to an official announcement by the SEC, Cohen served as the first chief of the Cyber Unit since its inception in 2017.The Cyber Unit is in charge of securities violations pertaining to cryptocurrency and digital assets, in addition to cyber-related trading

Chile-Based Remittance and Payment Firm CurrencyBird Joins RippleNet

[ad_1] Chile-based peer-to-peer remittance company CurrencyBird has joined RippleNet, Ripple’s global blockchain-based network of payment providers, according to an announcement published on July 25.CurrencyBird has thus ostensibly become the first Chilean payments company to join RippleNet, a network of institutional payment-providers such as banks and money services businesses that use solutions developed by Ripple to send money globally.The company states in the post that the partnership will allow it to

Blockchain Startup Nets $2.4 Million in Public Funding to Fight Food Slavery

[ad_1] Blockchain startup Lumachain has received $2.4 million in public funding from Main Sequence Ventures, a $165.6 million venture capital fund backed by the Australian government and the federal Commonwealth Scientific and Industrial Research Organisation. Lumachain’s newly-received funds will go toward staffing fees as well as international expansion, according to a report by local financial news periodical the Australian Financial Review (AFR) on July 29. Lumachain reportedly uses blockchain technology to

Circle CEO to Testify Before Senate on Blockchain and Digital Assets

[ad_1] Circle co-founder and CEO Jeremy Allaire is scheduled to testify before congress tomorrow as a representative of The Blockchain Association — a business organization comprised of blockchain industry advocates. Allaire will testify before the Senate Committee on Banking, Housing and Urban Affairs in an open session hearing called “Examining Regulatory Frameworks for Digital Currencies and Blockchain.”In his prepared testimony released on July 29, Allaire is prepared to discuss a number

Ethereum Classic Labs Announces Accelerate Program to Promote ETC Apps

[ad_1] Ethereum Classic Labs incubator officially announced its accelerator program to promote the development of products based on the Ethereum Classic network.On July 28, Ethereum Classic Labs published a blog post to provide details about Ethereum Classic Labs Accelerate, a program for funding and educating blockchain firms and communities that are creating products and services on the Ethereum Classic blockchain.According to the announcement, the first Cohort of Ethereum Classic Labs

Bitcoin Whale Transfers $468 Million for ‘Low Dollar Fee’

[ad_1] Bitcoin takes a lot of criticism over its ‘unsuitability’ as a payments mechanism but when it comes to low fee transfers the digital-asset is king when compared to the fees charged by traditional remittance houses. Owner 26 Transfers $468.5 Million for How Much? On Monday, Whale Alert, a cryptocurrency transaction tracking bot, tweeted that a Bitcoin whale known as ‘Unknown Owner 26’ moved $468.5 million worth of Bitcoin (49,756)

Exploring the SLP Token Universe Built on the Bitcoin Cash Chain

[ad_1] Since last August, the Simple Ledger Protocol (SLP) has become a prevalent application within the Bitcoin Cash ecosystem. So far there’s been thousands of SLP tokens created, a number of which have been very popular and used regularly. Tokens have been issued by governments like Liberland, there’s a new SLP stablecoin backed by USD, a city-token being built for Dublin, Ohio and trading platforms like Coinex and Altilly have

US Commodity Futures Trading Commission Rehires Advisor From Coinbase

[ad_1] The United States Commodity Futures Trading Commission (CFTC) has announced that it is hiring Andrew L. Ridenour as senior counsel to the chairman. Up until recently, Ridenour worked at the major cryptocurrency exchange Coinbase.CFTC Chairman Tarbert unveiled Ridenour and others as new hires on July 17, commenting that the “counsel and expertise of my team will be essential to our efforts to keep our derivatives markets vibrant and hold