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Imagine Regulators Shutting Tether Down - What Happens to Bitcoin?


Bitcoin (BTC), as a cryptoasset, is tethered to tether (USDT) tightly. Ever since becoming tradable in 2015, USDT has come to occupy an increasingly important part of the bitcoin and wider cryptocurrency ecosystem. Now, USDT is the third-biggest token by market capitalization, and by virtue...

How to Conditionally Add Attributes to Objects


JavaScript is full of tricks that you don’t know you want until you … want … them. Or maybe just until you see them. One trick I recently realized was conditionally adding attributes to React elements. Of course this trick essentially boils down to conditionally adding properties...

Snapped Up Stakes, Stepping Down CEOs, CBDC Pilots and 20 Crypto Jokes


This week in the Cryptosphere: Vitalik Buterin said that high Ethereum fees might be gone even before ETH 2.0, and DeFi darling yearn.finance crashed 60% from its ATH, while Virgin Galactic Chairman said BTC can’t be correlated to traditional assets. TaoTao said it “ended negotiations” with...

Defi Market Cap Drops 25.1% in One Day: Proponents Say Tokens Self Correcting


The latest data from Santiment shows that the collective market capitalization of all defi-related assets dropped by 25.1% on October 7, while daily trading volumes went down 30.2%. The data also shows popular defi tokens like Sushi took heavy knocks after dropping by 50.9% during the week. Also...

Bitmex CEO Hayes Steps Down Following U.S. Criminal Charges


Arthur Hayes, chief executive officer of bitcoin derivatives exchange Bitmex, is stepping down from his position a week after U.S. prosecutors filed criminal charges against him. Hayes is leaving together with other top executives who are facing similar charges. The company announced on Thursday...

Breaking: Arthur Hayes Steps Down As CEO of BitMEX


Arthur Hayes. Source: a video screenshot, Youtube, CfC st. Moritz BitMEX founders Arthur Hayes and Samuel Reed have stepped back from all executive management responsibilities for their respective CEO and CTO roles with immediate effect, the company announced today. Also, with fellow Founder...

Curate Custom Content with mediastack


I used to have a personal aggregator of sites I enjoyed but maintaining it was a nightmare. I needed to grab each site’s RSS feed, categorize their contents, deal with errors and individual rate limits, etc. I had to tear the whole project down because it was a nightmare to manage. Fast...

Ethereum Transaction Fees Fall 82%, as Defi Hype Eases


The average cost of sending a transaction over the Ethereum blockchain has fallen by 82% from a September 2 peak of $11.61, down to $2.09 as of October 4. The decline may be the result of a slow down in the hype around decentralized finance (defi) protocols. According to data from Glassnode...

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