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Texas State Regulator Greenlights Banks to Custody Crypto - CoinDesk

Texas State Regulator Greenlights Banks to Custody Crypto - CoinDesk

CoinDeskCoinDesk10 Jun 2021 | 23:39 pm
State-chartered banks in Texas have been given the green light to custody crypto assets on behalf of their customers, a state regulator announced Thursday. The guidance is not representative of new law, but an affirmation that banks are allowed to provide crypto custody services as long as there are adequate protocols in place and the banks are complying with existing legal
Introducing unFederalReserve’s Bug Bounty program

Introducing unFederalReserve’s Bug Bounty program

MediumMedium24 May 2021 | 13:57 pm
UnFederalReserve has launched a Bug Bounty program to encourage developers and ethical hackers to find vulnerabilities in its platform. The program will reward people for finding previously undisclosed and undiscovered vulnerabilities that could lead to the loss of assets, the freezing of assets or bring harm to a user in any way. With rewards ranging from $500 to $150,000, rewards will depend on the severity of the vulnerability.
unFederalReserve (eRSDL) is available on KuCoin

unFederalReserve (eRSDL) is available on KuCoin

MediumMedium21 May 2021 | 21:35 pm
UnFederalReserve and the eRSDL token has been added to one of the top crypto exchanges in the world — KuCoin. KuCoin currently boasts over 750 million trades and facilitated the transactions of over 260 billion (USD) token sales. The CeFI space is ripe with high cost lenders and other entities in need of liquidity.
~450 Million MaxCap and LP Rewards Staking APY Adjustment

~450 Million MaxCap and LP Rewards Staking APY Adjustment

MediumMedium18 May 2021 | 04:18 am
The eRSDL MaxCap will settle in the range of 450 to 455 million, depending on timeliness of execution and internal security audits. As soon as the MaxCap reaches the range stated above, rewards will be reduced to 0 in the same fashion as described below. ERSDL is a fork of SUSHI token and its associated MasterChef contracts, including a 48 hour timelock.
Borrow Limit for uneRSDL and Borrowing eRSDL

Borrow Limit for uneRSDL and Borrowing eRSDL

MediumMedium15 May 2021 | 15:28 pm
UnFederalReserve is a fork of the Compound smart contracts. Setting: 2,000,000 eRSDL is max allowed for Borrowing. New borrows are not allowed unless the total amount of borrows is under this limit. Current borrows remain unchanged.
Reserve Lending® APY Adjustments

Reserve Lending® APY Adjustments

MediumMedium11 May 2021 | 03:03 am
As of May 10, 2021, Reserve Lending is a fork of the Compound smart contracts. Borrow rewards and supply rewards are implemented via the same setting. The following APY adjustments considered launch data, community feedback and APYs associated with these tokens on other platforms.
unFederalReserve launches Reserve Lending® DeFi

unFederalReserve launches Reserve Lending® DeFi

CointelegraphCointelegraph06 May 2021 | 00:00 am
UnFederalReserve has launched Reserve Lending, a peer-to-peer lending platform. The platform will allow short-term lending and borrowing transactions to settle almost instantaneously, with all parties having the security of a U.S. regulatory compliant framework and encryption protocols that exceed that of even the largest global banks.
Reserve Lending Launch Date and Max Cap Survey

Reserve Lending Launch Date and Max Cap Survey

MediumMedium30 Apr 2021 | 21:11 pm
Reserve Lending will go live on Thursday, May 6th, 2021 at 2pm ET (18:00 GMT). We reserve the right to delay the launch in the event leadership deems it in the best interests of the community. We want your opinion on eRSDL’s maximum total supply.
unFederalReserve Reserve Lending APY guidance and The Second Key: Courtesy / Efficiency

unFederalReserve Reserve Lending APY guidance and The Second Key: Courtesy / Efficiency

MediumMedium29 Apr 2021 | 20:39 pm
Residual Token, Inc., a fork of Compound, is launching its Reserve Lending platform. 20 million eRSDL in total will be available to community members participating in the Reserve Ecosystem. The platform will be sponsored by a separate legal entity than unFederalReserve, but will provide analytics and advice.
unFederalReserve and The First Key: Safety

unFederalReserve and The First Key: Safety

MediumMedium23 Apr 2021 | 15:08 pm
UnFederalReserve’s CTO Ryan Medlin and CTO Howard Krieger have written a blog post titled, “Safety is our most important key.” “We welcome all eRSDL holder, security researchers and hackers to help us in this task. Safety is really a community effort, but we will do everything we can as a company to do the
NYSE president is bullish on Coinbase listing and DeFi

NYSE president is bullish on Coinbase listing and DeFi

CointelegraphCointelegraph22 Apr 2021 | 00:00 am
The world of finance is "past the point of no return" on crypto, said Thomas Farley, president of the New York Stock Exchange. "I think the crypto space is amazing right now. It's the best-kept secret in the world, and maybe the history of the financial markets," he added.
unFederalReserve© Management Token Policy

unFederalReserve© Management Token Policy

MediumMedium14 Apr 2021 | 18:00 pm
As of April 14, 2021, unFederalReserve's leadership team will keep 33% of their tokens in unlocked, personal accounts. Howard Krieger, Ryan Medlin and Kevin Thompson will lock 80% of its tokens in May 2021. The remaining tokens will be available at the following schedule. All transactions will be publicly recorded in #transparent-accounting.
SEC commissioner Hester Peirce unveils updated version of 'safe harbor' proposal for crypto tokens

SEC commissioner Hester Peirce unveils updated version of 'safe harbor' proposal for crypto tokens

The BlockThe Block14 Apr 2021 | 00:03 am
SEC Commissioner Hester Peirce has unveiled an updated version of her proposed regulatory safe harbor for token sales. The proposal seeks to provide network developers with a three-year grace period within which, under certain conditions, they can facilitate participation in and the development of a functional or decentralized network.
Mark Cuban, Vitalik Buterin, Winklevoss Twins to Speak at 2021 Ethereal Virtual Summit May 6-7 - Decrypt

Mark Cuban, Vitalik Buterin, Winklevoss Twins to Speak at 2021 Ethereal Virtual Summit May 6-7 - Decrypt

DecryptDecrypt13 Apr 2021 | 21:56 pm
The Ethereal Virtual Summit, the "Burning Man of crypto," is set for May 6 and 7, 2021. The two-day conference will kick off with a fireside chat with Mark Cuban, the billionaire "Shark Tank" investor and Dallas Mavericks owner. Past speakers have included Binance's Changpeng "C.Z." Zhao, Brian Armstrong of Coinbase, Mike Novogratz of Galaxy Digital and Amber Baldet of Clovyr.
Coinbase IPO: Everything you need to know about the ‘watershed moment’ in crypto

Coinbase IPO: Everything you need to know about the ‘watershed moment’ in crypto

MarketWatchMarketWatch13 Apr 2021 | 20:08 pm
Coinbase is set to go public on the Nasdaq under the ticker symbol “COIN” as a direct listing, meaning it isn’t raising new money, as a company would in a traditional IPO. The crypto exchange was co-founded in 2012 by Brian Armstrong, 38, who runs the platform as CEO.
VC funds bullish on crypto, increase investment in blockchain startups

VC funds bullish on crypto, increase investment in blockchain startups

CointelegraphCointelegraph11 Apr 2021 | 00:00 am
In Q1 2021, 129 crypto and blockchain startups received about $2.6 billion in funding, according to a Bloomberg report. This figure is already $300 million more than the total funding for such companies in the whole of 2020. This early-stage funding frenzy also appears to be spreading to the retail side with initial decentralized exchange offerings regularly becoming oversubscribed.
Development Update: March 31, 2021

Development Update: March 31, 2021

MediumMedium31 Mar 2021 | 15:29 pm
The Reserve Lending platform is ready for Alpha testing on Monday, April 5th, 2021. The eRSDL rewards calculation for participating in our platform is complete. The Chainlink price oracle integration is complete! This is a big step forward in secure and accurate pricing information.
Reserve Lending® Critical Bugs Have Been Fixed and is Ready for Alpha Testing!

Reserve Lending® Critical Bugs Have Been Fixed and is Ready for Alpha Testing!

MediumMedium17 Mar 2021 | 11:39 am
UnFederalReserve is on schedule for an end-of-Q1 Alpha release, which is two weeks away. Reserve Lending is in the final test stages, and is scheduled for two rounds of independent auditing as we prepare it for release. Most critical security issues have been uncovered in the Compound smart contract security reports dating back to 2019.
Disney Debuts New "Five Keys" Logo, Places Emphasis on Inclusion

Disney Debuts New "Five Keys" Logo, Places Emphasis on Inclusion

Blog Mickey - Disney NewsBlog Mickey - Disney News13 Mar 2021 | 15:41 pm
The Walt Disney Company has debuted a new 'Five Keys' logo, placing an emphasis on the newly added 'Inclusion' key. This key was added as part of Disney’s effort to drive meaningful cultural change within their organization and how they interact with their guests. The move to put Inclusion at the heart of the existing Four Keys is meant to focus on employee to employee interactions, in addition to how Cast interact with
Development Update: March 2, 2021: Core Lending Functionality Deployed to Ropsten Testnet

Development Update: March 2, 2021: Core Lending Functionality Deployed to Ropsten Testnet

MediumMedium02 Mar 2021 | 15:09 pm
UnFederalReserve will provide bi-monthly development updates until Mainnet launches. Core Lending Functionality deployed to Ropsten Testnet. Community members can now supply any token they would like from our initial token list, and can also earn a return or borrow a token from the list.
Robinhood, GameStop and Natural Rights

Robinhood, GameStop and Natural Rights

MediumMedium28 Feb 2021 | 03:27 am
The unFederalReserve community has responded to the events surrounding Reddit, Robinhood and GameStop Corp (NYSE: GME). Robinhood’s mission statement implies that not only does it support the concept of natural rights and laws, but that it actively ties its mission to the actualization of those things. The community questions whether or not Robinhood violated a natural right.
The eRSDL and unFederalReserve Operational Ecosystem

The eRSDL and unFederalReserve Operational Ecosystem

MediumMedium11 Feb 2021 | 14:16 pm
UnFederalReserve’s product is ideally suited for a U.S. Treasury chartered bank. The product is funded by the cumulative balances of high-yield, money market accounts. Funds are then drawn through a line of credit (“Lightning”). The rates are established by either the participants or the bank, for example, through auction bond process.
Anchorage Granted US’s First National Crypto Bank Charter: A Clear Path for UnFederalReserve

Anchorage Granted US’s First National Crypto Bank Charter: A Clear Path for UnFederalReserve

MediumMedium26 Jan 2021 | 18:16 pm
The Office of the Comptroller of the Currency (OCC) has approved the creation of a national trust bank allowing custody and transfer of cryptocurrencies. UnFederalReserve’s “credit vs. cash” spot market is currently in discussions with potential partners who either hold or are pursuing OCC approval for this reason. Goldman Sachs recently announced its pursuit of digital custodial services.
OCC’s Stablecoin Announcement Affirms unFederalReserve’s Concept

OCC’s Stablecoin Announcement Affirms unFederalReserve’s Concept

MediumMedium12 Jan 2021 | 14:30 pm
The US Office of the Comptroller of the Currency (OCC) has confirmed that the use of stablecoins for bank-permissible functions like payment settling is permitted. UnFederalReserve will use stablecoin as a credit vs. cash spot market to help smaller bank-and-non-bank lenders cover cash deficits while also earning on cash excesses.
unFederalReserve Announces June Timeframe for 475mn eRSDL Token Supply Cap

unFederalReserve Announces June Timeframe for 475mn eRSDL Token Supply Cap

MediumMedium02 Jan 2021 | 15:09 pm
Residual Token, Inc. d/b/a unFederalReserve has announced that the total eRSDL token supply will be capped in June 2021. The total supply will not exceed 475 million tokens. The June date was selected to provide leadership the time to safely implement the cap, while not distracting key resources from product development.
BitMart Exchange to List unFederalReserve (eRSDL), DeFI Utility Token for a ‘Credit v Cash’ Spot…

BitMart Exchange to List unFederalReserve (eRSDL), DeFI Utility Token for a ‘Credit v Cash’ Spot…

MediumMedium21 Dec 2020 | 12:41 pm
BitMart Exchange will list unFederalReserve’s utility token eRSDL on Tuesday, December 22, 2020, at 2:00 p.m. Eastern Standard Time. BitMart Exchange is a premier global digital assets trading platform with over 2 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. The platform offers 400+ trading pairs with one of the lowest trading fees.
New Look for unFederal Reserve!

New Look for unFederal Reserve!

MediumMedium18 Dec 2020 | 05:31 am
Unfederal Reserve has updated its brand identity with a new logo and fresh look. "You'll start to notice differences in UnFederalReserve’s appearance on our social media channels, our website, and in our upcoming marketing materials," the company said. "We would also like to thank @Zach F E, the winner of our logo design competition, who received over 62% of the eRSDL voting weight from among several submissions," it added.
Blockchain, Cryptocurrency, and Transparency — Explained

Blockchain, Cryptocurrency, and Transparency — Explained

MediumMedium24 Mar 2019 | 17:24 pm
Blockchain is a way to store data so that it can be retrieved, verified, and have new records added. Decentralization offers some revolutionary features like immutability, which makes all transactions final, which means there is no chance of anyone changing or canceling transactions. A blockchain can be used for almost anything that needs a secure and immutable database.