Bittrex, Merkle Science, Bitgo Join Crypto Market Integrity Coalition
Following the introduction of the Crypto Market Integrity Coalition (CMIC) with 17 member firms last February, the organization has added eight new members. New coalition recruits include Bittrex, Merkle Science, Crystal Blockchain and Bitgo. 8 Crypto Market Firms Join Crypto Market Integrity Coalition to Improve Self-Regulation Seven months ago, 17 crypto firms announced the formation of the Crypto Market Integrity Coalition (CMIC), a group that aims to bolster a sensibly-regulated crypto industry. Original CMIC members included Circle, Coinbase, Anchorage Digital, Huobi Tech,....
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The self-regulatory organization backed by Solidus Labs is known for its integrity pledge; BitGo, Bittrex and Merkle Science are among the new members. The Crypto Market Integrity Coalition (CMIC) announced the induction of eight new members, the organization announced on Sept. 29. The organization, which now has 38 members who have all taken a pledge to uphold market integrity and efficiency, describes itself as such:“CMIC [...] gives a unified voice to the crypto industry’s commitment to continually improving market integrity and collaboration with regulators.”According to its statement,....
On February 7, 2022, a group of 17 digital asset companies revealed they formed an organization called the Crypto Market Integrity Coalition (CMIC). The well-known firms include crypto companies like Coinbase, Circle Internet Financial, Huobi Tech, Bitmex, Cryptocompare, and Solidus Labs. The newly formed group says the coalition is “committed to a safe and sensibly-regulated crypto industry.”
Leading Digital Asset Firms Launch a Crypto Market Integrity Coalition
17 crypto companies and organizations have announced the launch of an advocacy group called the Crypto....
The cryptocurrency industry is responding to the best-practices advocacy group’s call for a fair, stable and regulated market. The Crypto Market Integrity Coalition, an organization founded two months ago by 17 cryptocurrency exchanges, firms and industry associations worldwide, announced 13 new members have joined. The group is centered around a pledge endorsed by members’ CEOs or chief compliance officers that (among other things): “We will integrate principles that uphold Market Integrity and Market Efficiency into our operations and business strategy.” The coalition, or CMIC, was....
This article helps you to understand the importance of and differences between Merkle vs. Verkle trees in blockchain. Merkle trees vs. Verkle treesThere are many differences between both types of trees, particularly in providing Merkle proofs and Verkle proofs.The whole set of sister nodes in a Merkle tree, including Merkle Patricia trees, constitutes evidence of a value. The proof must include all nodes in the tree with any parent node in common with the node you are attempting to prove. On the other hand, in a Verkle tree, you only need to supply the path plus a tiny bit extra as....
Software engineer and bitcoin angel investor Ben Davenport is departing from a three-year stint at Facebook to join BitGo - a company that helps users and organizations better secure their bitcoin funds. Davenport, who has early-stage invested in at least seven bitcoin startups since 2011, will join as head of product and co-founder, he told CoinDesk, adding: "The way I think about Bitgo is it's a pioneering leader in security for bitcoin." BitGo and multisig. Davenport pointed out that BitGo was one of the first companies to release a multi-signature (or 'multisig') bitcoin wallet - a....