CZ calls out Justin Sun for farming SUI at the expense of the little guys, “useless” PEPE up 20x, new 3AC venture in hot water in Dubai.
Decentral Block Post
Access real-time blockchain and cryptocurrency news updates from around the globe.
Justin Sun’s SUI-farming sins, PEPE’s wild run, 3AC’s oyster philosophy: Asia Express
CZ calls out Justin Sun for farming SUI at the expense of the little guys, “useless” PEPE up 20x, new 3AC venture in hot water in Dubai.
Justin Sun’s SUI-farming sins, PEPE’s wild run, 3AC’s oyster philosophy: Asia Express
CZ calls out Justin Sun for farming SUI at the expense of the little guys, “useless” PEPE up 20x, new 3AC venture in hot water in Dubai.
Montana governor signs pro-cryptocurrency mining bill into law
The legislation included revisions to laws aimed at prohibiting discriminatory electrical rates for mining firms, and not allowing taxation for crypto used as a method of payment.
New White House standards strategy could have implications for crypto industry KYC
The Biden administration has released a strategy document focusing on setting standards for “critical and emerging” technologies such as blockchain and digital ID.
FTX bankruptcy judge approves sale of LedgerX
The judge said he read all the papers and declarations related to the FTX debtors' motion for the sale of LedgerX and was “satisfied” with the proceedings.
North Carolina House passes bill banning CBDC payments to the state
The latest version of the legislation included limiting the Federal Reserve from using the U.S. state as a potential testing ground for its own CBDC pilot.
Examining global successes and challenges in regulating crypto: Report
Crypto regulation remains controversial, with different governments taking different approaches, but growing adoption will likely lead to more clarity.
Bitcoin drops with stocks as analyst warns of banking crisis 'endgame'
Nerves become apparent across risk assets as U.S. regional banks add to already significant losses.
Bitcoin drops with stocks as analyst warns of banking crisis ‘endgame’
Bitcoin (BTC) slid below $29,000 around the May 4 Wall Street open as United States equities showed jitters over the resurgent banking crisis.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Too much all at once” for U.S. banks
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD losing ground as the S&P 500 shed 0.7%.
The risk asset comedown accompanied more mayhem for U.S. regional bank stocks, with PacWest Bancorp once again leading the way, falling over 50% on the day.
The embattled lender had already seen major losses and, at the time of writing, was down 86.5% year-to-date. In a statement, the bank nonetheless described its position as “solid.”
As Cointelegraph reported, reassurances of U.S. authorities over the banking system stability appeared at odds with reality for many commentators, with confusion only increasing as the crisis continued.
How are Bitcoin options traders positioning for the US banking crisis?
The total crypto market cap has been ranging sideways, but Bitcoin derivatives markets indicate pro traders don't expect any major price corrections.
How are Bitcoin options traders positioning for the US banking crisis?
The total crypto market cap has been ranging sideways, but Bitcoin derivatives markets indicate pro traders don't expect any major price corrections.
How are Bitcoin options traders positioning for the US banking crisis?
For the past 14 days, cryptocurrency markets have been trading within an unusually tight 7.1% range. In other words, investors are unwilling to place new bets until there’s additional regulatory clarity, especially in the United States.
The total crypto market capitalization fell by 1% to $1.2 trillion over the seven days ending May 4, primarily as a result of Bitcoin’s (BTC) 1.1% price decline, Ether’s (ETH) 0.2% loss and BNB (BNB) trading down 1.4%.
Total crypto market cap in USD, 12-hour. Source: TradingViewNotice that the exact same $1.16 trillion–$1.22 trillion total market capitalization range previously stood for 12 days between March 29 and April 10. The conflicting forces: regulatory uncertainty weighing it down and the banking crisis pushing prices upward are likely the reason for the lack of risk appetite on both sides.
SEC’s crypto crackdown could backfire
The Coinbase exchange, for instance, has been battling the U.S. Securities and Exchange Commission regarding the need for clear rules for trading digital assets. The stakes were raised after the exchange was handed a Wells notice, a “legal threat” for “possible violations of securities laws,” on March 22.
However, the latest decision has been favorable to Coinbase, as the court has instructed the SEC to clarify the security rules for digital assets within 10 days.
Bitcoin crowdfunding is Lightning: El Salvador school program hits 1 BTC in donations
Bitcoin education program "My First Bitcoin" reaches 1 BTC in donations, with Bitcoin Beach matching contributions, fueling expansion.
Joe Lubin: The truth about ETH founders split and ‘Crypto Google’
Joe Lubin explains what really happened in 2014 when two co-founders were pushed out and how Ethereum really is becoming the “World Computer.”
Joe Lubin: The truth about ETH founders split and ‘Crypto Google’
Joe Lubin explains what really happened in 2014 when two co-founders were pushed out and how Ethereum really is becoming the “World Computer.”
Joe Lubin: The truth about ETH founders split and ‘Crypto Google’
There’s a narrative that’s grown up around Ethereum’s two most important co-founders, Joe Lubin and Vitalik Buterin, to explain how they went in different directions almost a decade ago.
It suggests the pair fell out over the blockchain’s future direction, with the idealistic 20-year-old Buterin determined to turn Ethereum into a nonprofit foundation, while Lubin and others wanted to commercialize the technology via a for-profit company.
“That wasn’t really what happened,” the billionaire founder of Ethereum infrastructure and software firm ConsenSys tells Magazine during an in-depth interview in Tel Aviv.
“What happened was people were looking for a way to explain why these two people were bumped out of the project. And that was a convenient way to label it. But that wasn’t the reason they were moved.”
Lubin’s referring to Ethereum’s infamous “Red Wedding” in 2014 when the eight co-founders and the team gathered to incorporate Ethereum as a company.
Joe Lubin: The truth about ETH founders split and ‘Crypto Google’
Joe Lubin explains what really happened in 2014 when two co-founders were pushed out and how Ethereum really is becoming the “World Computer.”
Joe Lubin: The truth about ETH founders split and ‘Crypto Google’
Joe Lubin explains what really happened in 2014 when two co-founders were pushed out and how Ethereum really is becoming the “World Computer.”
Joe Lubin: The truth about ETH founders split and ‘Crypto Google’
Joe Lubin explains what really happened in 2014 when two co-founders were pushed out and how Ethereum really is becoming the “World Computer.”