Author: American Coins & Gold

Vitalik Buterin's Ethereum Wallet Proposal, Scribbled in 22 Minutes, Gets Positive Reviews
After a technical proposal to improve Ethereum wallets met with some opposition, a familiar figure swooped in last week to devise an alternative.

The Crypto Industry’s Influence on U.S. Elections is Bigger Than Ever, Industry Insiders Say
The crypto industry is throwing its weight around in Washington in hopes of influencing the upcoming U.S. elections, spending an unprecedented amount of money to get crypto-friendly candidates elected and educate lawmakers – all in hopes of finally getting a friendly regulatory framework for crypto established.

DeFi Lender Liquity Unveils New Stablecoin With User-Set Borrowing Rates in White Paper
Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and pays the lion’s share of protocol revenues back to liquidity providers.

'Liquid Vesting' Is Oxymoronic Blockchain Feature That Lets Early Investors Sell Without Waiting
A new feature from Colony Lab, a developer and project incubator in the Avalanche blockchain ecosystem, called “liquid vesting,” lets users sell their tokens before their vesting period is over.

State of Wisconsin Buys Nearly 0M Worth of BlackRock Spot Bitcoin ETF
The U.S. state of Wisconsin purchased 94,562 shares of the BlackRock’s iShares Bitcoin Trust (IBIT) in the first quarter of the year, a filing shows. The shares are worth nearly $100 million.

Peter Thiel's Founders Fund, Vitalik Buterin Back M Investment in Polymarket
The series B funding round comes during a breakout year for the crypto-based prediction market platform, and brings its total funding close to $75 million.

'CryptoDad' Giancarlo Joins Paxos Board
Paxos has added J. Christopher Giancarlo, a former chairman of the U.S. Commodity Futures Trading Commission who has been a public advocate for the cryptocurrency sector, to its board of directors, the company told CoinDesk.

RWA Platform Re Debuts Tokenized Reinsurance Fund on Avalanche with M Commitment from Nexus Mutual
The aims to broaden access to the $1 trillion reinsurance industry, making it more efficient and transparent with blockchain technology.

First Mover Americas: Bitcoin Dips Below K Ahead of U.S. Inflation Figures
The latest price moves in bitcoin (BTC) and crypto markets in context for May 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Tornado Cash Developer Alexey Pertsev Sentenced to 64 Months in Prison by Dutch Court
Alexey Pertsev was found guilty of money laundering $1.2 billion worth of crypto.