Illustration by Mitchell Preffer for Decrypt Although the upward price action this week was slower than the last, many of crypto’s leading coins still posted notable gains over the last seven days, after Credit Suisse became the latest catastrophe to roil the banking world, driving investors towards riskier assets as a potential hedge against the contagion. They weren’t the only…
Month: March 2023
G7 to collaborate on tighter crypto regulation: Report
The next G7 meeting might bring a push from the seven biggest democracies for tougher regulations on cryptocurrencies around the world, Kyoto news agency reports on March 25. Together, leaders from Japan, the United States, the United Kingdom, Canada, France, Germany, and the European Union will outline a cooperative strategy to increase crypto transparency and enhance consumer protections, as well…
Painter Lee Mullican’s Pioneering 1987 Digital Art Released via Tezos NFTs
Lee Mullican’s physical paintings reside in the permanent collections of the The Museum of Modern Art (MoMA), the Los Angeles County Museum of Art (LACMA), and other prestigious institutions—but the late artist was also an early digital experimenter, and some of his decades-old compositions have been tokenized and released as NFTs. On Thursday, NFT art platform Feral File released “LeeMullican.PCX,”…
US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion – Bitcoin News
As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that on March 9, about 9,860 bitcoins worth roughly $269 million were sent to a Coinbase…
Bitcoin liquidations vanish as trader hopes $30K will hit before dip
Bitcoin market volatility dries up as sideways trading cools bullish BTC price predictions in the near term. Source: https://cointelegraph.com/public/index.php/news/bitcoin-liquidations-vanish-as-trader-hopes-30k-will-hit-before-dip
Community-driven crypto projects still thriving despite headwinds
The highly anticipated launch and airdrop of Arbitrum’s native governance token ARB took place on March 23, creating a buzz around the layer-2 protocol as hundreds of thousands of eligible users and DAOs tried to claim it. Overwhelming user demand led the airdrop claim page to crash shortly after its launch, displaying 404 and 429 errors for over an hour,…
Venezuela shuts down crypto mining facilities, exchanges amid corruption probe
According to Venezuela’s attorney general office, government officials were running parallel oil operations with the assistance of the national crypto departmen… Source: https://cointelegraph.com/public/index.php/news/venezuela-shuts-down-crypto-mining-facilities-exchanges-amid-corruption-probe
Bitcoin is 1 week away from ‘confirming’ new bull market — analyst
Bitcoin (BTC) has a matter of days to go before beginning a new macro uptrend, the latest analysis says. In his latest Twitter activity, popular trader and analyst Rekt Capital flagged a key monthly close in the making for BTC/USD. BTC price action closely mimics past cycles Despite facing problems flipping $28,000 to support, BTC price action is firmly on…
The Founder of Rotten Tomatoes Says Web3 Entertainment Isn’t Nearly Entertaining Enough Yet
The Founder of Rotten Tomatoes Says Web3 Entertainment Isn’t Nearly Entertaining Enough Yet Rotten Tomatoes founder Patrick Lee, who has led companies at the intersection of technology and entertainment from Web1 to Web3, spoke to Decrypt’s Sander Lutz at Outer Edge LA about the current state of decentralized gaming, film and television. Source: https://decrypt.co/videos/live-events/ri2LLifZ/the-founder-of-rotten-tomatoes-says-web3-entertainment-isnt-nearly-entertaining-enough-yet
What Are Stealth Addresses? – Decrypt
In brief Stealth addresses provide more privacy for transactions on Ethereum. The system offers a method of privacy similar to generating a new address for each transaction but without the hassle of manually creating those addresses each time. A stealth address can be thought of as a wallet address that is cryptographically tied to the recipient’s public address, but that…