Paxos Cuts 20% of Staff: Reports
[Jun 13, 2024 4:01 AM] Bloomberg report says the company will have an increased focus on tokenization.
119 / 444 Relevant items tagged with #News
Posts: 13,292
Posts
ERCOT CEO: Texas' Power Grid Needs Larger Increase Than Expected to Handle AI, Bitcoin Mining
[Jun 13, 2024 3:59 AM] The Electric Reliability Council of Texas' CEO said in Senate testimony that the state's grid capacity will need to double in the next decade to handle demand, while the Lieutenant Governor of Texas says more scrutiny is coming for this industry.
DeFi Giant Curve Roiled as Founder's Loans Get Liquidated; CRV Slides 30%
[Jun 13, 2024 2:57 AM] Addresses tied to Curve founder Michael Egorov are borrowing nearly $100 million in various stablecoins against $140 million in curve tokens.
Stick With Bitcoin, 10x Research Says After Fed Predicts Just One Rate Cut For 2024
[Jun 13, 2024 1:33 AM] ETF inflows resumed Wednesday as U.S. inflation came in lower-than-expected.
Bitwise Analysis: AI and Crypto Fusion Poised to Elevate Global Economy by $20 Trillion
[Jun 12, 2024 2:23 PM] Bitwise’s Senior Crypto Research Analyst, Juan Leon, predicts a transformative impact on the global economy as artificial intelligence (AI) and cryptocurrency converge, potentially adding $20 trillion to the global Gross Domestic Product…
Peer-To-Peer Bitcoin Trading Protocol Hits Milestone
[Jun 12, 2024 1:18 PM] Civkit, a project attempting to revitalize the global peer-to-peer economy, announced the release of its first alpha version following over a year of dedicated development. The protocol aims to enable peer-to-peer trading in a decentralized manner…
The Protocol: How Optimism Filled in Its Missing Tooth
[Jun 12, 2024 12:18 PM] In this week's newsletter, we delve into the Ethereum layer-2 network Optimism's delivery of "fault proofs," a piece of functionality that was glaringly missing even though it was at the heart of the project's security setup.
Fed Sees Just One Rate Cut This Year; Bitcoin Gives Up Session Gains
[Jun 12, 2024 12:14 PM]
Terraform Labs, Do Kwon Agree to Pay SEC a Combined $4.5B in Civil Fraud Case
[Jun 12, 2024 12:10 PM]
Pixelverse Raises $5.5 Million to Expand Web3 Gaming Ecosystem
[Jun 12, 2024 11:20 AM] Pixelverse, a developing entertainment studio and game ecosystem, has secured $5.5 million in a private funding round led by prominent Web3 venture capital firms. The funds are intended to support the growth of Pixelverse’s gaming platform…
Bitcoin Miners Cash in on BTC Rally as Exchange Transfers Hit Two-Month High
[Jun 12, 2024 9:39 AM] Transfers from bitcoin {{BTC}} mining pools to exchanges reached a two-month high this week as BTC hovered around its local high $70,000.
Brazil's Largest Bank Itaú Opens Bitcoin and Crypto Trading to All Users
60,000,000 customers at Brazil&U.S. CPI Was Flat in May, Beating Expectations; Bitcoin Rises to $69.2K
[Jun 12, 2024 6:42 AM] Stubbornly high inflation readings in the past months curbed rate cut expectations weighing on asset prices.
First Mover Americas: Bitcoin Stabilizes Amid Further ETF Outflows
[Jun 12, 2024 6:00 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 12. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto and Artificial Intelligence Could be a $20 Trillion Megatrend, Bitwise Says
[Jun 12, 2024 5:55 AM] The two industries could add a collective $20 trillion to global GDP by 2030, the report said.
MetaMask Adds 'Pooled Staking' for Cheaper Ethereum Validation
[Jun 12, 2024 4:00 AM] The new feature aims to expand the accessibility of staking, which previously required an investment north of $100,000. But the project is still missing features offered by other staking platforms.
U.S. CPI and Fed Meeting: Things to Watch Out as BTC Nurses Losses
[Jun 12, 2024 3:50 AM] BTC has come under pressure in the lead up to the key events that could influence Fed rate cut expectations.
Zimbabwe Is Seeking Comments on the Crypto Industry: Report
[Jun 12, 2024 3:41 AM] Zimbabwe is seeking comments from the crypto industry as it tries to understand the sector more.
Crypto Hacks Net $19B Since 2011 and Illegal Activity on Blockchain Is Still Growing
[Jun 12, 2024 3:00 AM] Almost $19 billion worth of cryptocurrency has been stolen in thefts dating back to 2011 as the industry continues to grapple with rising blockchain-related crime, according a report from Crystal Intelligence.
Bitcoin ETFs See $200M Net Outflows in Fed, CPI Jitters
[Jun 12, 2024 1:56 AM] The eleven ETFs recorded $200 million in net outflows on Tuesday, the highest since May 1 figures of $580 million.
Former Coinbase Business Developer: ‘There Wasn’t a Long-Term Case for Bitcoin Payments’
[Jun 12, 2024 1:33 AM] Nick Tomaino, a former business developer and marketing lead at Coinbase, explained how the idea of bitcoin for payments gradually lost its relevance in the market. Tomaino detailed that Coinbase rode this premise back in 2014 to raise $125 million…
Donald Trump Says He Wants All Remaining Bitcoin to Be 'Made in USA'
[Jun 12, 2024 12:11 AM] Early Tuesday Trump met executives from Nasdaq-listed bitcoin mining firm CleanSpark Inc. and Riot Platforms.
Donald Trump Commits to Championing Bitcoin Mining in DC
[Jun 11, 2024 7:19 PM] Today, Donald Trump met with Bitcoin Magazine's CEO David Bailey and several prominent U.S. Bitcoin miners. The meeting saw Trump commit to championing Bitcoin mining both in Washington D.C. and on the global stage.Today was a historic moment in…
Donald Trump Jr. Advocates for Father as Leading Bitcoin Proponent
Bitcoin Pullback to $66K Triggers $250M in Crypto Liquidations as Traders Brace for 'Wild Wednesday' of FOMC, CPI Report
[Jun 11, 2024 11:11 AM] Tomorrow's Fed "dot plot" of interest rate projection and forward guidance by Chairman Powell will be key for what's next for the digital asset market, K33 Research said.
Will Trump Trounce Biden? Polymarket Traders Are Betting on It.
[Jun 11, 2024 10:49 AM] With a 56% chance of winning, according to the prediction market's traders, the former president has a 22-point lead over the incumbent, far bigger than what the polls indicate.
Coinmetrics: Meme Coins Reshape Crypto Landscape Despite Centralized Token Holdings
[Jun 11, 2024 10:12 AM] The meme coin sector has exploded to a staggering $60 billion market capitalization, reshaping the digital asset landscape and outperforming traditional crypto assets. Researchers Tanay Ved and Matías Andrade from Coinmetrics provide insights…
Crypto Mixers, Privacy Coins, Layer 2s Complicate Tracing for Law Enforcement, EU Innovation Hub Says
[Jun 11, 2024 10:01 AM] Separately, France's markets regulator said crypto remains a high risk for money laundering.
TipLink Aims for Crypto Newcomers With Google-Powered Solana Wallet
[Jun 11, 2024 9:41 AM] "It unlocks the rest of the world for easy onboarding," said CEO Ian Krotinsky.
Metaplanet Discloses $1.6M BTC Purchase; Shares Jump 10%
[Jun 11, 2024 8:31 AM] Japanese investment firm Metaplanet has disclosed an additional bitcoin {{BTC}} purchase worth 250 million yen ($1.58 million), taking its total holdings up to 141 BTC ($9.4 million).