The biggest crypto news and ideas of the day |
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Dimitra is enhancing agricultural productivity for farmers worldwide, setting the Agtech standard with cutting-edge AI, blockchain, and real-world technologies that ensure transparency, optimize yields and improve compliance. Dimitra’s pivotal role lies in its integration of AI, blockchain, IoT, and other cutting-edge technologies across platforms like Connected Farmer and Connected Cacao, with further applications covering carbon, deforestation and livestock sectors. Dimitra’s RWA programs also offer sustainable farming and digital investment opportunities, such as shared ownership of fruit trees through NFTs. By providing AI-driven insights and solutions, Dimitra empowers farmers to optimize operations and increase yields. The utilization of blockchain technology guarantees transparency and traceability, cultivating trust within the agricultural supply chain. Dimitra leads the way in AgTech innovation and expansion, ensuring a brighter future for agriculture. Dimitra not only revolutionizes farming practices but also drives positive social and environmental changes for future generations. |
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A Finance Pro's Guide to Consensus Day 2 |
Crypto, the U.S. Elections, and the Next Administration (10:00 AM CDT • 11:00 AM EDT) Tim Draper, one of the first major VCs to buy bitcoin, is joined on the mainstage Polygon Labs Chief Legal Officer Rebecca Rettig and Messari CEO Ryan Selkis to discuss how politics affects crypto policy. About 15% of Americans — including about a quarter of Millennial voters — own, trade or use crypto: Can they become a unified voting block? State of Crypto Policy Summit: SEC and CFTC Commissioners Speak (11:00 AM CDT • 12:00 PM EDT) Hester Pierce and Summer Mersinger, commissioners of the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), respectively, will discuss where the U.S. is going wrong with crypto regulation and how to get the world’s largest economy back on track. Digital Asset ETFs: A New Frontier, 10 Years in the Making (12:00 PM CDT • 1:00 PM EDT) It took over a decade to launch the first spot bitcoin ETF in the U.S. but only weeks to establish themselves as some of the hottest investment vehicles this year. Asset managers from BNY Mellon, BlackRock, Bitwise and Fidelity will discuss where the market goes from here, and the prospects for launching a spot Ethereum ETF this year. Prometheum's Perspective (4:10 PM CDT • 5:10 PM EDT) In an industry as contentious as crypto, perhaps no startup is more controversial than Prometheum, the special purpose broker dealer that wants to list “crypto asset securities” — including Ethereum. Co-CEO Aaron Kaplan will give his perspective about why crypto needs regulated entities to run the show. |
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A Dev's Guide to Consensus Day 2 |
Crypto, the U.S. Elections, and the Next Administration (10:00 AM CDT • 11:00 AM EDT) Tim Draper, one of the first major VCs to buy bitcoin, is joined on the mainstage Polygon Labs Chief Legal Officer Rebecca Rettig and Messari CEO Ryan Selkis to discuss how politics affects crypto policy and how the upcoming presidential election will change the landscape for starting a blockchain company. Passport to Europe: Understanding the EU’s MiCA Framework (11:30 AM CDT • 12:30 PM EDT) The European Union’s landmark MiCA package creates a clear set of rules and guidelines for crypto companies to follow. Not only will the ruleset help to turn the EU into a hub for blockchain businesses, but it could also shape policy across the globe. Which Countries Will Win the War for Web3? (2:30 PM CDT • 3:30 PM EDT) Gemini Chief Operating Officer Marshall Beard, Dragonfly General Partner Rob Hadick and Crypto Council for Innovation CEO Sheila Warren will discuss the jurisdictions where crypto companies not only survive but thrive. Jurisdictions that create pathways for crypto companies stand to benefit as the industry invests in the regions that welcome them with open arms. Prometheum's Perspective (4:10 PM CDT • 5:10 PM EDT) In an industry as contentious as crypto, perhaps no startup is more controversial than Prometheum, the special purpose broker dealer that wants to list “crypto asset securities” — including Ethereum. Co-CEO Aaron Kaplan will give his perspective about why crypto needs regulated entities to run the show. |
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Bermuda is rapidly emerging as a global leader in technology sectors, including FinTech, and has pioneered a robust, yet pragmatic, regulatory and legislative framework for digital asset businesses looking for a quality ecosystem to test ideas, develop products and scale internationally. Bermuda Business Developmnt Agency (BDA) encourages direct investment and helps companies start up, relocate, or expand their operations in Bermuda. Contact us at info@bma.bm or learn more about our dedicated conceirge service at bda.bm. |
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The Takeaway: Core Issues |
AUSTIN, TEXAS – Ethereum co-founder Joseph Lubin is taking the fight to the U.S. Securities and Exchange Commission (SEC). In late April, his firm Consensys decided to preemptively sue the U.S. securities watchdog after receiving what’s known as a Wells notice – or an indication that the agency is building a case against a firm. On the Mainstage at Consensus 2024, the longtime crypto advocate gave a sense of what Consensys is trying to get out of its lawsuit filed “in the great state of Texas.” Namely: regulatory clarity, the preservation of free markets in crypto and a resolution that open source developers will not be targeted. “What we're trying to achieve is the freedom to innovate,” Lubin said on stage. “We have been doing our best to thread the needle between offering access to applications and needing to be a regulated financial institution. We're pretty sure we got it right and continue to get it right,” which is why the SEC’s recent, call it interest, in Ethereum is so worrying. Lubin suggested that the SEC has begun to target the biggest players in Ethereum like decentralized exchange Uniswap, the nonprofit Ethereum Foundation and major development studio Consensys precisely because their efforts challenge the potential authority and “vested interests” of regulators and legislators. “Ethereum represents an existential threat to the weight of life of those who would prefer to perpetuate the system and be a top down control,” Lubin said, adding later that crypto is already changing “the structure of society.” “We need some sort of deliverance from top down command and control because it's not working as well as it needs to,” he added. At the same time, however, Lubin said that crypto has crossed “the chasm” into American politics, which has become an increasingly popular talking point among speakers. For instance, CEO Tom Farley of Bullish (which owns CoinDesk) and President of New York Stock Exchange Lynn Martin agreed on stage that in 10 year’s time it’s unlikely crypto remains a partisan issue. Likewise, Lubin noted the former President Trump’s embrace of crypto and recent judicial wins have led to a sea-change in how it is being evaluated politically. But he stressed the importance of talking to “all parties that are holding power currently,” even if many in crypto are “more interested in moving beyond the current political constructs” through decentralized tech. “Most of the people who are empowered by the technology realize that decentralization is consistent with American principles like free market capitalism and democracy,” Lubin said. Read online. – D.K. @danielgkuhn daniel@coindesk.com |
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Arculus: Moving Toward a Passwordless Future w/ Dr. Adam Lowe With increasing cyber threats, our security practices must evolve. So, why haven’t we embraced more secure solutions? Dr. Adam Lowe says, “The best security is the one people use,” implying usability is key. The CoinDesk team spoke with Dr. Lowe to unpack this idea. Lowe is the Chief Product & Innovation Officer at CompoSecure who’s made his career on the cutting-edge of innovation. He has authored several technical book chapters, and is listed as an inventor on over 500 patents and patents pending, including Arculus, a next-gen digital security platform giving people the ability to secure their digital assets and identities. Continue reading. |
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