‘The Bitcoin Standard’ author becomes economic adviser to El Salvador
Dr. Saifedean Ammous thinks El Salvador will be debt free if it accumulates Bitcoin for the next five years.
Posts published on May 30, 2023 go to media archive 1/4
Could Ben.eth’s PSYOP tokens face legal scrutiny? It depends, say lawyers
Michael Kanovitz, a lawyer threatening to file a class action against Ben.eth, says the PSYOP scheme bear similarities to cases that have seen SEC enforcement.
Hong Kong and UAE central banks collab on crypto rules, fintech development
The two central banks are aiming to align their financial service sectors and said both share “many complementary strengths.”
BRICS Bank to Offer More Loans in Local Currencies — President Calls for ‘Diversified Global Currency System’
The New Development Bank (NDB), aka the BRICS bank, is seeking to offer more loans in local currencies to reduce dependence on the U.S. dollar and avoid foreign exchange risk. “We need to create a diversified global currency system,” NDB’s…
China to gain most from restrictive US crypto regulations: Coinbase CEO
The Coinbase CEO has been hugely critical of the U.S. failure to provide the crypto industry with regulatory clarity and has long argued it will push firms offshore.
Russia Actively Shifting to Settlements in National Currencies, US Dollar Share Declining, Says Foreign Minister
Russia is actively shifting to settlements in national currencies with its partners, Foreign Minister Sergey Lavrov has affirmed. He expects the transition away from the U.S. dollar to only gain momentum. “This is true not only for Africa, but also…
First Mover Asia: Nearly $275 Million in Ether Burnt This Month as It Continues Deflationary Trend
Also: Bitcoin and volatility have a tricky relationship. BTC steadies below $28K after dip.
AI demand briefly catapults Nvidia into $1 trillion club
Nvidia share prices have more than tripled since October last year as demand for AI tech surges.
Raydium Prices Shot 30% 2 Weeks Ago Before Plunging, What Happened?
RAY, the native governance token of Raydium, the automated market maker (AMM) decentralized exchange (DEX) on Solana, soared 30% on May 17 before reversing gains, plunging to spot rates. RAY Prices Under Pressure According to CoinMarketCap data on…
US Government Presses for Independent Examiner in FTX Bankruptcy Case
Bitcoin Edges Below $28K as Investors Eye US Debt Ceiling Progress
Investors awaited a House vote on the debt ceiling deal, scheduled for Wednesday.
Chainlink Bulls Must Overcome Key Hurdle For Potential 7% Rally
Chainlink Price has been attempting to reverse its recent losses over the past few weeks. Currently, Chainlink is trading under a crucial resistance mark which has caused the altcoin to face rejection. Over the last 24 hours, Chainlink has managed…
Yield farming app accumulates $12M TVL 2 weeks after launch
The Origin Ether app deposits Ether into Curve, Convex, stETH, rETH, and sfrxETH.
Nansen lays off 30% of its workforce
The CEO of Nansen cited two reasons for the layoffs, including an overly aggressive hiring phase during the bull market and the prolonged crypto bear market that followed.
Is Bitcoin Poised For A Comeback To Higher Price Levels? Experts Weigh In
Bitcoin (BTC), the largest cryptocurrency by market cap, is currently showing signs of a new momentum refresh and the beginning of a newly formed bull run. Market analyst Justin Bennet accurately predicted this move, citing recent range highs and a…
Critical Vulnerability in Tron’s Multisig Mechanism Exposed $500M in Digital Assets: Report
According to a report published by the cybersecurity research team known as 0d, a division of Dwallet Labs, researchers discovered a critical vulnerability in the Tron network’s native multi-sig mechanism. The cybersecurity experts explained…
Researchers propose new scheme to help courts test deanonymized blockchain data
A team of researchers proposed five “argumentative schemes” designed to protect the rights of crypto crime suspects while also helping investigators.
US CFTC issues letter on digital asset derivatives, clearing compliance in 3 areas
The letter is a reminder, but a highly specific one that is reminiscent of the SEC’s recent custody rule proposal in part.
AI experts sign doc comparing risk of ‘extinction from AI’ to pandemics, nuclear war
The “Godfather of AI” and the CEOs of OpenAI, Google DeepMind and Anthropic are among the hundreds of signatories.
Pro-Bitcoin Legislation Reigns Victorious In Texas This Year As The Legislative Session Ends
Bitcoin policy advocates celebrated several victories in the recent quarter, including the success of Texas SB 1929, a pro-mining bill, and the defeat of Texas SB 1751, an anti-mining bill. VP of Research at Riot Platforms Pierre Rochard expressed…
ProShares’ Bitcoin Futures ETF Increasingly Underperforms BTC This Year: K33 Research
The underperformance stems from hidden costs of rolling futures contracts every month as they expire called the “contango bleed,” exacerbated by this year’s rebound in BTC price.
Crypto exchange Bybit exits Canada, citing ‘recent regulatory development’
Headquartered in Dubai, Bybit plans to leave Canada while exploring expansion into new markets like Kazakhstan.
Avalanche Price At Critical Support Level: What Direction Lies Ahead?
Despite the lingering bearish sentiment in the market, the Avalanche (AVAX) price has shown some upward movement. AVAX is hovering around a significant support line that has historically propelled its price in previous months. AVAX has experienced…
Paxful Announces Appointment Of Interim CEO Roshan Dharia
Paxful, a global peer-to-peer Bitcoin platform, has announced the appointment of Roshan Dharia as the new Interim Chief Executive Officer, effective immediately. This comes after a brief shutdown period of the exchange prior to the departure of…
Some SBF charges will be dropped if Bahamas objects, U.S. prosecutors say
The charges relating to Sam Bankman-Fried’s alleged bank fraud, operating an unlicensed money transmitter service and bribing Chinese officials may be dropped.
Fantom (FTM) Gas Incentive: The Secret Sauce To Reclaiming L1 Dominance
Fantom (FTM), a leading Layer 1 (L1) blockchain platform, has launched a new Gas Monetization program to incentivize high-quality Decentralized Applications (dApps) and attract top talent to the ecosystem. With the recent announcement of the…
Tether Expands: Stablecoin Issuer Announces Sustainable Bitcoin Mining Project in Uruguay
After announcing its plan to invest 15% of profits into bitcoin, the company Tether Limited has taken another step toward its crypto goals. Tether, the stablecoin issuer, has revealed its latest venture: “sustainable bitcoin mining…
Bitcoin on-chain and options data hint at a decisive move in BTC price
BTC’s historically low volatility could abruptly change in June, with long-term holders making moves and options traders showing an uptick in bearish positions.
Stablecoin Issuer Tether To Begin Bitcoin Mining Operations In Uruguay
Tether, the company behind the widely popular USD stablecoin, has announced its foray into energy production and sustainable Bitcoin mining operations in Uruguay. According to the announcement, Tether’s collaboration with a local licensed company…
Web3 Payments Firm Transak Raises $20M
The startup offers on- and off-ramps that could make it easier for new users to interact with Web3 projects.