Solana sees ‘dramatic increase’ in institutional portfolios: CoinShares
CoinShares found a significant increase in hedge funds and wealth managers survey respondents who have allocated to Solana compared to earlier this year.
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FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers
A recent FBI announcement urging Americans not to use unlicensed money-transmitting services misses “a great deal of nuance” about how crypto services operate, says Piper Alderman Partner Michael Bacina.
Bitcoin miner Marathon increases 2024 hash rate target to 50 EH/s
If Marathon reaches its 50 EH/s target, it would mark more than a 100% increase in the firm’s hash rate since the start of 2024.
Gordon Goner on his dramatic health battles and Bored Apes turning 3
The Bored Apes founder was diagnosed with a heart condition with a 50% fatality rate. But things are looking up for Wylie Aronow and BAYC.
'Epic sat' mined from fourth Bitcoin halving block sells for $2.1M
One satoshi is currently worth $0.00065 — but some sats hold inherent “collectible value” in the Bitcoin ecosystem, cryptocurrency exchange CoinEx Global explained.
$6B scam accused in court, China loophole for Hong Kong Bitcoin ETFs: Asia Express
There’s only one way left for Chinese nationals to access the Hong Kong Bitcoin ETFs, $6B scam accused in court, and more: Asia Express.
Anti-crypto SEC commissioner’s term is up in 41 days — Will she be replaced?
Caroline Crenshaw may continue to serve at the SEC for an additional 18 months after her term ends in June if the White House doesn't nominate a replacement.
BONK, POPCAT and Solana memecoins stay green even as Bitcoin price drops
Memecoins in the Solana ecosystem defy the recent bearish downtrend in the crypto market by managing to generate double-digit gains.
Stripe bringing back crypto payments, this time with a stablecoin
Stripe customers will be able to pay with USDC beginning this summer, president Jack Collison said, after the company canned BTC payments in 2018.
Will Dogecoin skyrocket 7 months after the Bitcoin halving again?
The top memecoins are far from previous highs, yet retail investors may view them as fairer opportunities than VC-backed coins with high fully diluted valuations.
Square merchants can now convert up to 10% of sales to Bitcoin via Cash App
Block gets 1% of every conversion.
Bitcoin’s funding rate flattens, but should BTC bulls rejoice and buy the dips?
Bitcoin bulls tend to celebrate when BTC’s funding rate is negative, but is it really a “generational buying opportunity?”
Boomers to pour $300B into crypto markets — Morgan Creek Capital
Morgan Creek Capital CEO Mark Yusko believes the full impact of Bitcoin ETF adoption has yet to be realized, as boomers will continue to gain more exposure to digital assets.
Consensys files lawsuit against SEC and commissioners over Ether
The company warned that the SEC reversing a position it had held since 2018 on Ether as a security could “spell disaster” for the network and drive innovation to a halt in the U.S.
Blockaid says it caused crypto drainer to shut down, defends against claims of 'false positives'
The team defended itself against claims of excessive false positives, suggesting it was so effective that it caused a crypto drainer to give up in frustration.
‘Persistent inflation’ will be key in Bitcoin’s run to $200K — Crypto fund manager
“Unsustainable budget deficits” and “persistent inflation” have HashKey Capital analysts predicting a $100,000 to $200,000 Bitcoin price by the end of 2024.
Visa provides stablecoin analytics dashboard with ‘noise’ filtered out
The financial services giant wants to make data about stablecoin usage clear and accessible, which requires some processing.
Meta’s letting Xbox, Lenovo, and Asus build new Quest metaverse hardware
Each company has its own special plans for the Quest mixed-reality device.
SEC reviews new rules for Bitcoin options trading
The Securities and Exchange Commission is evaluating whether exchanges’ current surveillance and enforcement mechanisms can handle Bitcoin exchange-traded products (ETPs).
House committee ranking member says a stablecoin bill could be coming soon
House Financial Services Committee Ranking Member Maxine Waters said a stablecoin bill “in the short run” was coming amid negotiations with Republican lawmakers and the Senate.
a16z Crypto recommends startup founders ‘never publicly sell tokens’ in US
“The SEC argues that nearly every token should be registered under U.S. securities laws,” commented a16z Crypto’s general counsel, Miles Jennings.
Ethereum L2 Movement Labs raises $38M for Move-EVM adoption
Through Facebook’s Move-based Ethereum virtual machines, Movement Labs aims to enhance smart contract security and transaction throughput within the Ethereum ecosystem.
Bitcoin price risks 1-week lows as US GDP sparks 'stagflation' woes
Bitcoin traders remain unfazed while BTC price action follows stocks downward on the back of surprise U.S. macro data.
Here’s the 6 biggest crypto VC deals in Q1 2024 and late 2023
The volume of crypto VC funding in Q1 2024 surged for the first time since the start of the crypto winter in 2022.
Decentralized AI is key to more unbiased AI algorithms — Masa co-founder
Google’s Gemini AI has faced recent outrage after generating historically inaccurate imagery and biased results. Decentralized AI development could be the key to creating more transparent and unbiased results.
Avail integrates leading layer-2 networks to create more cost-efficient chains
Avail joins forces with leading layer-2 networks for increased Web3 scalability through data availability and rollup unification for a more interconnected blockchain landscape
DeFi bull market confounds expectations with RWAs and ‘recursive airdrops’
Industry figures assess the state of decentralized finance in 2024 and whether it is developing as expected.
Turkey tops the world in stablecoin buying share vs. GDP
Stablecoin purchases in Turkey amount to 4.3% of GDP, the highest among global economies, according to Chainalysis.
Memecoins are like a ‘risky casino’ — Andreessen Horowitz exec
The chief technology officer of VC firm Andreessen Horowitz said that memecoins are like risky casinos that deter real builders from the crypto ecosystem.
How blockchain-based voting can restore trust in the electoral process
Brian Rose also aims to implement a new London cryptocurrency to promote financial education in the Greater London area.