Tornado Cash sentence 'radically unfair and unreasonable' — Nym CEO
CEO Harry Halpin pointed to history and used Nazi Germany as an example of why digital privacy must be protected in the 21st century.
Posts published on May 30, 2024 go to media archive 2/4
DePIN networks can disrupt Big Tech and free the internet
DePIN networks can eat infrastructure the way software consumed most commerce. Akash, Helium and Filecoin are at the forefront of that movement.
Elon Musk Says Crypto Can Shift Power From Government to the People, but Denies Discussing Crypto With Trump
Tesla and Spacex CEO Elon Musk has debunked reports claiming that he advised former U.S. President Donald Trump on cryptocurrency. While stating that he is pretty sure he has not discussed crypto with Trump, Musk said crypto can “shift power…
Everyone at Consensus 2024 Is Talking About Biden’s Crypto Flip Flop. Is He for Real?
Attendees are cautious optimistic about apparent regulatory and legislative changes, though not everyone is convinced.
This Bitcoin Metric Is “One Of Crypto’s Top Leading Indicators”: Santiment
The on-chain analytics firm Santiment has explained how this Bitcoin indicator has been one of the top leading indicators in the cryptocurrency market. Holdings Of Bitcoin Investors With At Least 10 BTC May Correlate To Price In a new post on X…
This CEO Is Looking For The Next Generation Of Bitcoin Fund Managers
“I’m sorry, but there’s nothing more I can do to help you.”Samara Asset Group (FRA: ECV) CEO Patrick Lowry had some choice words when it came to explaining just how much opportunity, and perhaps myopia, exists in the financial universe when it…
US pro-crypto super PAC Fairshake gets $25M from Andreessen Horowitz
The major contribution comes a day after the PAC received an equal amount from Ripple.
$2.18 Billion Digital Assets in Kind Returned to Earn Users, Gemini Says
Cryptocurrency exchange Gemini announced on Wednesday that Earn users have received $2.18 billion of their digital assets in kind, representing 97% of their assets owed and a 232% recovery since Genesis halted withdrawals. This recovery follows a…
Sen. Warren Wants to Know How Drug Agencies Are Pursuing Crypto Ties to Fentanyl
The Massachusetts Democrat called for answers from the U.S. drug agencies today on progress in the crackdown on drug traffickers' use of crypto.
UXLINK’s Profit Rises Sharply in Web3 Social Infrastructure
PRESS RELEASE. UXLINK, a leading Web3 social platform and infrastructure provider, has reported a significant increase in profits, driven by its innovative business model and expanding ecosystem. For Users: UXLINK offers a platform where users can…
Ethereum Hovering Above $3,700 As Mega Whales Accumulate: $4,900 Incoming?
At spot rates, Ethereum prices have been edging lower, recently even retesting the immediate support at $3,700. Even though the coin is still hovering around this level, optimism is high that it will spike higher in the coming days. Ethereum Whales…
Implementing FIT21 could be a ‘slow, slow process’ — CFTC Commissioner
Summer Mersinger anticipates extensive coordination and potential delays in the implementation of FIT21 across U.S. regulatory agencies if it is enacted.
SEC Commissioner pitches safe space for digital securities experiment
Hester Pierce said her “sandbox” pitch would offer opportunities for cross-border collaborations between blockchain firms without fear of regulatory threats.
Bitcoin’s Scaling Dilemma: Binance Report Sheds Light on BTC’s Enhancement Hurdles
Franklin Templeton's Jenny Johnson on Bitcoin ETFs, RWA Tokenization and Blockchain's Potential for TradFi
The president and CEO of the asset management giant said blockchains are "transformational tech" that can help drive down operational costs during a panel discussion at Consensus 2024.
Crypto Strategist Who Predicted Bitcoin Rejection At $70,000 Reveals Where Price Is Headed Next
A crypto strategist who accurately predicted the current Bitcoin downtrend has shown where the price is headed from here. If the analyst’s prediction is anything to go by, then the decline in the crypto market may only just be in its beginning…
Aptos Integrates Chainlink's CCIP and Data Feeds to Boost Decentralized App Development
Aptos will be the first blockchain that uses the Move coding language to integrate Chainlink's services, according to the announcement at Consensus 2024 in Austin.
Crypto Can't Be Regulated by Current US Regulators
Alexandra Damsker, author of "Understanding DeFi," argues that the shifting nature of tokens means that agencies like the SEC and CFTC are incapable of regulating crypto effectively.
Shibarium’s New Checkpoint Mechanism Cuts Ethereum Bridging Time
The Shiba Inu (SHIB) network development team has dramatically improved the Shibarium network, according to a post from the Shibarium network’s X account. The work reduces the token bridging time to Ethereum from seven days to roughly 45 minutes…
Is The MEV Monster Under Bitcoin's Bed?
What's MEV?For the uninitiated, Maximal Extractable Value (MEV) involves various techniques used by market actors to capture additional value by exploiting price inefficiencies in blockchain transactions.One naive form of MEV is called “transaction…
New York sets customer service standards for virtual currency entities
The BitLicense just got a little tougher with new mandatory standards for treating customers right.
Blackrock’s IBIT and Fidelity’s FBTC Drive $28M Inflows for US Bitcoin ETFs
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their streak of positive gains, collecting $28.3 million in inflows. This marks the 12th consecutive day of positive inflows for U.S. bitcoin ETFs. Blackrock’s IBIT Tops…
3 reasons why Ethereum is stuck below $3,900
Factors include uncertainty in the spot Ethereum ETF launch, high ETF futures open interest, and stagnant Ethereum network usage.
Lil Pump-And-Dump: SEC Issues Warning As More Musicians Dump Their Memecoins
The celebrity token frenzy seems to be the hottest topic of the week. The newly launched memecoins have been criticized by crypto community members as the tokens have been launched with massive controversy. After a week or so of pumping and…
Gambling is on the rise — So why is investing still restricted?
Americans aren't allowed to make certain investments unless they earn $200,000 annually or they're worth more than $1 million — but they are free to gamble.
Traders say Bitcoin price fights “last resistance” at $69K before new all-time highs
The Bitcoin price remains stuck below $69,000 over the past 10 weeks, but analysts say it is a healthy price action
Crypto losses from fraud and hacks declined 12% in May — Immunefi
The decline in crypto scams and frauds continued, with only $52 million lost in May compared to $59 million the previous year.
Blockchain helps harvesting better avocados in Kenya — Here’s how
Small-scale farmers lack the essential tools to address significant challenges in avocado production. Here’s how blockchain and AI can help them.
Terraform Labs, Do Kwon Reach Preliminary Settlement With SEC
Singapore-based Terraform Labs and its founder Do Kwon have reportedly reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC) after being accused of misleading cryptocurrency investors before the 2022 collapse of…
Citadel-backed Hidden Road halts ByBit access for clients
Hidden Road cited Know Your Customer verification policies and concerns surrounding Anti-Money Laundering regulations on the ByBit exchange.