Musk: SpaceX Owns Bitcoin
Musk went on to say that aside from Tesla, his aerospace company SpaceX also has bitcoin in its portfolio. However, unlike his electric car company, with $1.5 billion invested in BTC, Musk did not disclose how much of the crypto asset SpaceX owns.

Twitter CEO Jack Dorsey for the first time has publicly said that bitcoin will be a “big part” of the company’s future.
Dorsey said bitcoin could be integrated into Twitter’s products such as Super Follows, Commerce, Subscriptions, and Tip Jar.
#BTC
#DeFi, #forbitswap\

VitalikButerin talking ” Why Ethereum Login " at
#ethcc
random same color
#Ethereum,
#forbitswap
#DeFi
Space Decentralized finance of the world

forbitswap
@forbitswap
20s
Area-above-curve definition:
and Average-difference definition.
draw the graph of a function,
#Defi
#decentralized
@VitalikButerin
talk "Against overuse of the Gini coefficient "

The week ending July 29th saw a complete reversal from previous weeks. For the first time since the May crash, sectors experienced two-digit weekly returns, possibly marking the bottom of the recent multi-month decline. The leading sector this week was DeFi finishing the week with a whopping 23% return.

“A parallel financial system with no rules, no oversight, and no limits.” That’s how U.S. Senator Sherrod Brown described what the DeFi movement aims to create, during a hearing this week before the Senate Banking Committee.

It’s no wonder that many institutional firms have been hesitant about dipping their toes in water that is still so murky from a regulatory perspective. These firms abide by stringent requirements, particularly that they can only interact with identified individuals — while most entities in DeFi are pseudonymous.

But while some, like libertarian ShapeShift CEO Erik Voorhees, argue that DeFi should be a “protest” against the current financial system, one that outmaneuvers regulation wherever possible, others want to enable institutions to take part. The idea is to create DeFi products that comply with existing regulations in order to attract a large amount of institutional money.

What is forbitswap?
forbitswap is a decentralized exchange (DEX) running on Ethereum.
It’s specifically designed for a swapping platform that cuts out the middleman and allows users to trade cryptocurrency directly with one another. This allows traders to retain control of their funds at all times rather than having to entrust them to an exchange provider, with trades executed using smart contracts.

Ethereum’s London upgrade has happened successfully.
Due to EIP-1559, the network is now burning ETH on a regular basis.
Ethereum’s London hard fork has gone live and its effects are already underway. The network upgrade included a specific improvement called EIP-1559, which was designed to simplify how transaction fees are paid.

But part of the new mechanism involves burning a portion of the transaction fees, removing them from the circulating supply of coins. And while new ether (ETH) is being issued every block, this reduction in supply is helping to counter that — effectively reducing the network’s rate of inflation.

The future of the blockchain industry is interoperable networks. Layer-2 solutions are at the forefront of the ongoing revolution.

Bitcoin is trading at its highest level in several months, shrugging off anxiety about crypto-specific language in the bipartisan $1 trillion infrastructure bill currently being debated in Washington.
#Crypto #CryptoNews #Bitcoin  #decentralized #decentralizedfinance #Defi #DeFi

The price of bitcoin was trading around $46,000 at the time of writing, up more than 30% over the last month. The last time the digital currency was trading at this level was in May.

DeFi refers to financial services that use blockchain technology to get rid of the need for centralized authorities such as clearing houses and banks. NFTs are pieces of crypto technology that cannot be exchanged with one another, onto which collectible items such as art can be written.

Real-world financial markets could benefit from technology that makes them more widely available. They could also benefit from technology that allows fast, cheap, permissionless access. Robinhood promised wider access to stock markets for smaller retail investors, but has not completely delivered, nor are Robinhood-type apps readily available in less developed parts of the world. Decentralized protocols such as DEXs disrupt the disruptors and offer global access to financial assets for all.

78% of these ‘mafia’ fundraising rounds are from folks who spun out of CeFi and Infrastructure companies. This does not come as a surprise as they are some of the oldest ‘sectors in crypto’ and are the most likely to have alumni spinouts raising funds.

43% of the funding deals completed by members of mafias have come out of leading Infrastructure companies and foundations. With 9 companies raising a round in 2021, ConsenSys keep showing how successful they are in inspiring entrepreneurs to spin out.


Some NFTs and Web3 companies have started to spin out entrepreneurial talent. With RabbitHole ($3.6M) and early other ventures being built by former employees, Dapper Labs should be getting a mafia of its own later this year.