Dr. Chiente Hsu is CEO and cofounder of ALEX (Automated Liquidity Exchange), the first complete DeFi exchange on Bitcoin. Bitcoin is the only way to get truly decentralized finance (DeFi). DeFi hasn’t yet emerged as a game-changing force because it requires fully expressive smart contracts which aren’t possible on the core Bitcoin protocol due to their security trade-offs. However, there…
On June 1, 2022, the Solana network halted block production again as the blockchain network has stopped working a number of times during the network’s lifetime. According to the Solana status update, validator operators are being asked to prepare for a restart. Solana Continues to Be Plagued by Outages, SOL Downtime Denounced by the Crypto Community The blockchain network Solana…
Stablecoin projects have been thrust into the limelight over the past month as the popularity of algorithmic stablecoins and the collapse of the Terra project put a spotlight on the important role dollar-pegged assets play in the crypto market. In response to the void left by UST, multiple protocols have released new stablecoin projects in an effort to attract new…
OpenSea CEO Devin Finzer previously told Decrypt that some suspicious NFT trades made by a former executive had been “misframed” as insider trading. Today, the Department of Justice called those trades “insider trading.” The FBI and Department of Justice arrested and charged Nate Chastain, a former OpenSea product manager, with wire fraud and money laundering for alleged trades he made using…
On June 1, United States prosecutors in Manhattan charged Nathaniel Chastain, 31, with insider trading. Chastain was a former product manager at OpenSea, the largest nonfungible token (NFT) marketplace. This will be the first case of its kind regarding digital assets and traditional criminal investigations. Former employee of NFT marketplace charged in first ever digital asset insider trading schemehttps://t.co/Q8C8btS743 —…
If you’ve been on Crypto Twitter lately, you might be asking yourself: WTF are all these goblin NFTs clogging up my feed? We had the Kevin spinoffs from Pixelmon, the CryptoDickButts, the MFers … and now this? But if you’ve been lucky enough to avoid much of the meme-laden JPG fodder, let Decrypt introduce you to the one—and only—Goblintown. Goblintown…
Despite May’s price correction, which took Bitcoin (BTC) as low as $23,800, institutional investors seem unwilling to lose confidence in the cryptocurrency. The Purpose Bitcoin ETF, launched in February 2021, has been seeing a consistent inflow over the last five trading days. The fund’s holdings have increased to 43,701.7 BTC as of Tuesday, according to Glassnode data reported by Jan…
This is an opinion editorial by Koa Frederick, Senior Vice President of SaaS strategy at Accelerate Agency. Giving gifts can be a tricky thing. Plain old cash seems low effort. Socks are called unmentionables for a reason. Personal care products could get interpreted as unsolicited advice. What to buy for the friend or loved one who has everything? It’s a…
Bitcoin (BTC) has made a tentative start to the month of June, suggesting that bears have not gone into hibernation just yet. Although Bitcoin is trading nearly 55% off its all-time high of $69,000, whales and institutions remain cautious and have not jumped into the market with gusto according to BlockTrends analyst Caue Oliveira. According to CryptoQuant contributor Venturefounder, if…
In brief Prominent NFT photographer Isaac “Drift” Wright spoke with Decrypt. He discusses his next moves as well as his view of the expanding NFT photo space. Isaac “Drift” Wright’s photography evokes powerful emotions in viewers, depicting death-defying scenes captured from the tops of skyscrapers, bridges, and cranes around the U.S. Photos from his Ethereum NFT collection “Where My Vans…
