The regulated Bitcoin futures index is reportedly a first in Latin America and is set to debut in May. Source: https://cointelegraph.com/public/index.php/news/argentina-securities-regulator-approves-bitcoin-futures-index
Month: April 2023
Blockchain Association files brief in Tornado Cash case
Crypto advocacy groups Blockchain Association and DeFi Education Fund filed a brief in United States District Court in Austin in the case brought by six individuals against the United States Treasury Department over the sanctioning of Tornado Cash. The amicus (friend of the court) brief supports the plaintiff’s motion for a partial summary judgment. The six plaintiffs in the case…
Price analysis 4/12: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Today’s CPI report highlighted a slight decline in inflation, a development which could put a strong price floor beneath Bitcoin and select altcoins. Source: https://cointelegraph.com/news/price-analysis-4-12-btc-eth-bnb-xrp-ada-doge-matic-sol-dot-ltc
Mr. Brainwash, 100 Influencers, and Web3 Walk Into a Museum
On a recent weeknight in Beverly Hills, two social media influencers stared up at a hulking Tyrannosaurus rex made of books. “Do you get it?” one influencer asked the other. The second squinted at the dinosaur. “I heard the artist explain it,” the first one continued. “It’s because they’re both going extinct.” The influencers, and over a hundred others of…
FTX has recovered $7.3B in assets, will consider rebooting exchange
Sam Bankman-Fried’s failed cryptocurrency exchange filed for bankruptcy in November 2022 and has since been mired in court proceedings. Source: https://cointelegraph.com/public/index.php/news/ftx-has-recovered-7-3b-in-assets-will-consider-rebooting-exchange-in-q2-2023
LimeWire Launches Nostalgic Music Downloading Game With Crypto Rewards
The nostalgic brand of early 2000s music peer-to-peer file-sharing service LimeWire has been resurrected in Web3, and a quirky music downloading game that plays on its history has been released today. The LimeWire Game simulates an old Windows operating system with the LimeWire software running. Players must enter their email address in order to play. The browser-based game involves pretending…
Warren Buffett Likens Bitcoin to Gambling and Chain Letters in Recent Interview – Bitcoin News
Finance mogul Warren Buffett, one of the most successful investors in history, discussed bitcoin during an interview on CNBC’s Squawk Box on April 12. As he has done in previous interviews, the business magnate likened bitcoin to a gambling scheme and chain letters he received as a child. Buffett Shares His Two Cents on Bitcoin, Warns Against Making a Living…
T. Rowe Price, WisdomTree join Avalanche subnet for forex testing
Financial market firms T. Rowe Price Associates, WisdomTree, Wellington Management, and Cumberland have joined an Avalanche (AVAX) subnet to test the idea of blockchain-based foreign exchange, according to an announcement from the Avalanche team. The new subnet is called “Spruce,” and is part of Avalanche’s Evergreen Subnet ecosystem. Following last week’s Avalanche Evergreen announcement, today marks the launch of the…
When levees break, liquidity flows — Analyzing Ethereum Shapella and liquidity staking derivatives
The Ethereum network’s planned Shanghai hard fork is nearly here. Planned for April 12, this is the first major upgrade since The Merge in September 2022. The “Shapella” upgrade (a combination of the two major proposals Shanghai and Capella), includes EIP-4895 which enables validators to withdraw staked ETH from the Beacon chain (Consensus layer) to the EVM (execution layer). The…
OpenSea collector pays 100 ETH for a free NFT: Nifty Newsletter, April 5–11
In this week’s newsletter, find out why a nonfungible token (NFT) collector paid $192,000 for a free NFT. Check out how community members responded as Reddit deployed its contract for its Gen 3 NFT avatars, and how a previously unreleased David Bowie track has been turned into an NFT. In other news, discover how LooksRare plans to compete with rival…