The creator of Ethereum has revisited the “Bitcoin block size war,” rethinking his alliance with the “big block” camp in the late 2010s and now conceding that the “small block” contingent prevailed for good reason. Reflecting on two Bitcoin history books told from opposite sides of the debate, Vitalik Buterin published a lengthy blog post on Friday over how Bitcoin…
Month: May 2024
Ripple CEO says XRP ETF 'inevitable' — Consensus 2024
Brad Garlinghouse said he believes the market is headed toward a $5 trillion valuation and that the advent of XRP, SOL, and other crypto ETFs is a matter of time. Source: https://cointelegraph.com/news/ripple-ceo-xrp-etf-inevitable-consensus-2024
Bybit restructures executive team following $26M airdrop fiasco
Bybit confirmed internal role changes for several executives following a botched airdrop that affected 320,000 users and led to a $26 million compensation payout. Source: https://cointelegraph.com/news/bybit-restructures-executive-team-airdrop-fiasco
Franklin Templeton Reveals Ethereum ETF Fee
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Franklin Templeton has become the first asset manager to reveal the management fee on their proposed Ether spot ETF—and it’s virtually non-existent. Per an updated S-1…
Metaplex Announces Introduction of Hybrid Defi Protocol for Solana
Metaplex, a Solana-based protocol that allows for the easy deployment of NFTs across applications, has introduced MPL-404, a hybrid decentralized finance standard. MPL-404 leans on SPL-404, a protocol that allows for the exchange of an NFT for a fixed number of tokens assigned by the designers of each artistic collection. Metaplex Aims to Extend Hybrid […] Source: https://news.bitcoin.com/metaplex-announces-introduction-of-hybrid-defi-protocol-for-solana/
Bybit Confirms Executive Changes After Notcoin Launch Issues
Cryptocurrency exchange Bybit has confirmed reports of an executive reshuffle following issues with the Notcoin launch, which resulted in $23 million in compensation to 320,000 users. News outlet Wu Blockchain reported that several executives “voluntarily resigned” and that Bybit has recruited new technical and spot managers. “We are aware of the recent news regarding our executive movements,” a Bybit spokesperson…
Caitlyn Jenner Releasing a Meme Coin Is Riskier Than Kim Kardashian Shilling Ethereum Max, Legal Experts Say
A bevy of celebrity-backed meme coins has captured the crypto zeitgeist recently, but experts say they may be courting bigger legal risks compared to past enforcement actions. The U.S. Securities and Exchange Commission (SEC) has targeted celebrities for promoting cryptocurrencies on social media before—a list that notably includes Kim Kardashian, the celebrity entrepreneur and step-daughter to Caitlyn Jenner. And Jenner…
Crypto Biz: Solana’s rise, BlackRock’s growing BTC exposure, and more
This week’s Crypto Biz explores Solana’s comeback, BlackRock funds’ growing exposure to Bitcoin, Riot Platforms’ bid for Bitfarms, Semler Scientific using BTC as a treasury reserve, and more. Source: https://cointelegraph.com/news/crypto-biz-solana-rise-blackrock-btc-exposure
Senator Lummis sends letter to Biden urging no veto for SAB 121 repeal
The Senator pointed to the troubling manner in which the Securities and Exchange Commission issued its controversial staff accounting bulletin. Source: https://cointelegraph.com/news/senator-lummis-biden-urging-no-veto-sab-121-repeal
Paraguay seizes 2,738 ASICs as power theft crackdown continues
Power-intensive crypto mining is controversial in Paraguay, where an attempt at crypto regulation was vetoed because of it. Source: https://cointelegraph.com/news/paraguay-seizes-2738-crypto-mining-units-power-theft-crackdown