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Coinbase Newsletter Flags Rise of Pepecoin and BRC-20 Tokens, Irks Crypto Twitter
11.5.2023
A Coinbase newsletter said meme coins allow investors to make big profits in a short period of time but warned of long-term investing in these tokens
Seoul Court Greenlights Seizure of Do Kwon’s Assets Worth $176 Million
11.5.2023
According to a local report, South Korean prosecutors have been given the green light by the Criminal Division of the Seoul Southern District Court to seize assets owned by Do Kwon, the co-founder and former CEO of Terraform Labs. The report discloses that a total of 233.3 billion won ($176...
NFT.NYC 2023 in full bloom: Fine art, web3 royalty, & content creation
11.5.2023
NFT.NYC was one of the most celebrated tech events of the year, featuring hundreds of speakers and panelists from many of today’s leading blockchain projects and companies. Over the course of 3 days (April 12 to 14), participants heard from representatives of top NFT platforms OpenSea...
A ‘Tremendous Variety of Possible Transaction Types’ — A Look at the Conversation Between Nakamoto and Andresen
11.5.2023
The Bitcoin mempool, otherwise known as the network’s transaction backlog, is still clogged with over 390,000 transactions waiting to be processed by miners. To clear the mempool, more than 190 blocks need to be mined. As the scaling issues continue to plague the network, a conversation between...
BRICS Leaders Set to Discuss Common Currency to Challenge US Dollar Dominance in Upcoming Summit
11.5.2023
The BRICS nations are set to discuss the feasibility of a common currency at the upcoming leaders’ summit. “It’s a matter we must discuss and discuss properly,” a South African minister stressed, noting that a growing number of countries are saying: “Why can’t we trade in our own currencies?...
Investment Analyst Warns Successful BRICS Currency Could Hurt US Living Standards
11.5.2023
Investment analyst Jon Wolfenbarger has warned that a successful BRICS currency could hurt U.S. living standards and “lead to less power for the U.S. government, similar to the weakening of the UK after World War II.” He stressed: “Due to the Russia-Ukraine war and China’s continued economic...
First Mover Asia: Expect Bitcoin to Hit $25.2K Soon: Strategist
11.5.2023
ALSO: Bitcoin needs a compelling narrative to break from its current range, but that likely will not occur until next year, says the CEO of Web3 bond-market platform Umee
Economist Peter Schiff Says ‘Nobody’s Money Is Safe in Any Bank’ — Warns of Financial Crises, Depressions
11.5.2023
Economist Peter Schiff expects a lot more banks to fail, warning that “nobody’s money is safe in any bank.” He stressed: “When the Fed sets interest rates too low and prints a lot of money … it unleashes massive inflation, creates tremendous economic imbalances that result in financial crises...
Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years
10.5.2023
Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures suggest....
Ether Selling Pressure Post-Shanghai Upgrade Was 'Non-Event,' Says Nansen
10.5.2023
The number of staked ether has climbed to 19.55 million, a new all-time high, as ETH staking deposits surpassed withdrawals
Aragon’s ANT Rallies After Cofounder Proposes Token Buybacks to End Activist Crisis
10.5.2023
Aragon's governance crisis began to subside Wednesday after the DAO builder's cofounder proposed buybacks, seemingly siding with a key talking point of activist investors
Crypto Derivatives Market Share Hits All-Time High
10.5.2023
Binance continues to be the dominant crypto derivatives trading platform
8 Fashion Tips To Transform Into A Horror Game Protagonist
10.5.2023
This summer, we’re dressing like horror video game protagonists, like this TikTok with over 100 thousand views recently declared. But not in the sour browns or bloated hoodies you see men wearing in games like Alan Wake or Silent Hill—we need to start dressing like the girls.Read more
Bitget Introduces the BRC20 Zone and Lists Ordinals (ORDI)
10.5.2023
PRESS RELEASE. May 10 2023 Victoria, Seychelles – Bitget, the top derivatives and copy trading platform, has announced the listing of the ORDI token in the newly launched BRC-20 zone and has also revealed plans to bring other promising BRC-20 tokens to its platform. In addition to ORDI...
Uniswap Weighs Proposal to Enrich Token Holders, Switch on Liquidity Pool Fees
10.5.2023
The plan to implement fees on all of Uniswap’s version two liquidity pools, and some of its version three pools, would funnel money to the protocol’s treasury and token holders
Paypal’s Latest Report: $1 Billion in Crypto Assets, Holdings Are Predominantly BTC and ETH
10.5.2023
Payments behemoth Paypal has disclosed in a Form 10-Q financial report filed with the U.S. Securities and Exchange Commission (SEC) that it is holding nearly $1 billion in cryptocurrency assets. This news comes on the heels of Paypal’s announcement that Venmo now facilitates external...
Rehypothecation May Be Common in Traditional Finance, but It Will Never Work With Bitcoin
10.5.2023
Applying rehypothecation onto bitcoin or crypto ignores the fundamental essence of these assets arising from a core bitcoin innovation, Christopher Calicott writes
U.S. Internal Revenue Service Files Claims Worth $44 Billion Against FTX Bankruptcy
10.5.2023
The largest of the claims includes a $20.4 billion claim against Alameda Research LLC, which details nearly $20 billion in unpaid partnership taxes
If Bitcoin Can’t Handle a Few JPEGs, How Can It Handle the World?
10.5.2023
Bitcoin Dips Below $27K, Reversing Post-CPI Rally
10.5.2023
The BTC/USD trading pair on Coinbase was trading as low as $26,800 before regaining some ground