FreeCryptoCurrency.Me

Although the guidelines are not hard rules, they leave the door open for fintech and crypto firms, many of which have been stymied while applying for such accounts. 

The post Federal Reserve opens up master account access to banks with ‘novel charters,’ in win for crypto and fintech appeared first on The Block.

Starkware launched a new form of scaling technology on August 11 for its starkEx and Starknet scaling solutions. Recursive proving improves the speed and transaction fees allowing Starkware to vastly increase its scalability.

The post Starkware launches recursive proofs in bid to boost Layer 2 scaling appeared first on The Block.

DeFi lender Aave says it will require a DAO governance vote to implement any smart contract-level censorship related to government sanctions.

The post Aave says on-chain wallet address censorship will require DAO consensus appeared first on The Block.

BitGo has hit back against Galaxy Digital, which announced earlier Monday the termination of its plan to acquire the crypto custody firm.

The post BitGo says it will seek over $100 million after Galaxy moves to end acquisition appeared first on The Block.

Crypto’s leading policy think tank is weighing a court challenge to the Treasury’s sanctioning of decentralized transaction mixer Tornado Cash.

The post Coin Center prepares legal challenge to Treasury’s Tornado Cash sanctions appeared first on The Block.

Many negotiations remain before the new “Anti-Money Laundering Authority” goes live, but all signs are that it’s on the way. 

The post The EU is on the verge of creating a new AML regulator that will oversee crypto appeared first on The Block.

Bitcoin miner Bitfarms posted $142 million in net loss and $42 million in revenue last quarter.

The post Bitcoin miner Bitfarms reports $142 million second-quarter net loss appeared first on The Block.

Crypto investment firm Dragonfly has acquired crypto hedge fund MetaStable Capital and has unveiled a rebrand.

The post Investment firm Dragonfly acquires crypto hedge fund MetaStable Capital appeared first on The Block.

Quick Take

• Last month slightly more than $2 billion was allocated across 192 funding deals. Venture funding in dollar amounts for the sector has declined for four consecutive months
• The frequency of Seed and Early Stage fundraising has remained relatively constant, meanwhile, funding for Mid to Later stage companies was nearly nonexistent
• DeFi and Web3 were the only two sub-categories to have monthly increases in their number of deals  and funding in dollar terms

While helping to lower overall cost per NFT transactions, the move spurred discourse about the ethics of royalty-free trading.

The post An NFT market maker set 0% royalties, sparking concerns about the future of artist compensation appeared first on The Block.