Innovation

The crypto industry has been facing various challenges under the current administration, as discussed by Andreessen Horowitz founders Ben Horowitz and Marc Andreessen. They openly criticized the Biden-Harris Administration’s handling of the cryptocurrency sector, pointing out regulatory hurdles that are hindering innovation and growth. The lack of clear guidance from the Securities and Exchange Commission
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BitcoinOS (BOS) developers recently achieved a monumental milestone in blockchain history by successfully verifying the first-ever zero-knowledge proof (ZKP) on the Bitcoin mainchain. This breakthrough paves the way for significantly enhanced scalability and functionality for Bitcoin without the need for modifications to its underlying consensus code. The final verification of the ZK proof took place
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Igloo, Inc., the company known for its popular NFT brand Pudgy Penguins, has recently secured a whopping $11 million in funding to propel the development of its groundbreaking Ethereum layer-2 scaling network, Abstract. This significant achievement marks a crucial step forward in Igloo’s quest for blockchain innovation. The lead investor in this successful funding round
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Atari has long been a prominent figure in the gaming industry, known for its innovative approach to classic video games. The partnership with Coinbase marks a significant shift towards incorporating blockchain technology to reinvent games such as Asteroids and Breakout. This collaboration aims to eliminate intermediaries and ensure that game sale proceeds directly benefit the
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The United States House of Representatives recently made a significant move by unanimously passing the Financial Technology Protection Act. The bill, introduced by Representative Zach Nunn in April 2023, aims to combat the use of digital platforms for illicit activities and terrorism financing. This legislation was approved on July 22, 2024, highlighting the government’s commitment
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The Digital Chamber recently sent a letter to Vice President Kamala Harris urging her to adopt a forward-looking approach to digital assets and blockchain technology. The Chamber emphasized the immense potential of these technologies for innovation, economic growth, and financial inclusion. Despite the support for the industry among key Democratic leaders, there is a public
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