At a fireside chat Thursday, Ethereum founder Vitalik Buterin completely ignored a question asking if he cared about the prospect of spot ETH exchange-traded funds (ETF) being approved in the United States. But he did weigh in on a secondary question on privacy, specifically in regards to the recent sentencing of an Ethereum protocol developer. The crypto figurehead said that Tornado…
Month: May 2024
CBDC Anti-Surveillance State Act passes US House in partisan vote
The potential misuse of the CBDC technology trumped arguments about innovation or even good legal drafting. Source: https://cointelegraph.com/news/cbdc-anti-surveillance-state-act-passes-house
Former Bitmex CEO Arthur Hayes: A Weak Yen Solution Might Propel Bitcoin to $1 Million
Arthur Hayes, former CEO of Bitmex and current CIO of Maelstrom, has predicted the geopolitical and economic dynamics that will be taken to equilibrate the exchange rate between the U.S. dollar and the Japanese yen might propel bitcoin prices to $1 million. Hayes states that eventually, the U.S. will be forced to act by printing […] Source: https://news.bitcoin.com/former-bitmex-ceo-arthur-hayes-a-weak-yen-solution-might-propel-bitcoin-to-1-million/
‘Notcoin’ Missions Let You Passively Earn Crypto via Telegram—Here’s How
Notcoin, the viral clicker game that had tens of millions of users fervently tapping a digital gold coin to earn crypto via Telegram, has launched a new type of mission that lets players passively earn crypto token rewards. After conducting its NOT token airdrop via The Open Network (TON) last week, Not ranks as the largest gaming token launch so…
Coinbase Loses Supreme Court Case Over Dogecoin Sweepstakes
In a unanimous decision, the U.S. Supreme Court ruled against Coinbase on Thursday in the crypto exchange’s latest dispute before the nation’s top legal venue. The 9-0 ruling, however, did not address any of Coinbase’s crypto-related practices—nor is it likely to impact the hot-button issue of American crypto regulation. Instead, the decision addressed a single bureaucratic element of Coinbase’s ongoing…
U.S. House Passes Bill Banning Federal Reserve CBDC
In a largely partisan vote, the U.S. House of Representatives has moved to prohibit the Federal Reserve from launching a central bank digital currency (CBDC). The bill, known as the CBDC Anti-Surveillance State Act, was introduced by Majority Whip Tom Emmer (R-Minn.), with concerns raised by Republicans regarding the potential for a U.S. CBDC to infringe on Americans’ privacy and…
Fantasy Top Leads NFT Sales, Exceeds $1 Million
The Fantasy Top collection surged to the top of CryptoSlam’s daily non-fungible token sales chart on Wednesday, exceeding $1 million in transactions for the first time this week. The leading Blast collection reported 7,467 transactions involving 2,246 unique buyers and 2,749 sellers. Meanwhile, the Ethereum blockchain outperformed other platforms on the same day, recording sales of $6.25 million, although this…
Ethereum’s Historic Daily Surge: Surpasses Mastercard, LVMH Market Caps
Ethereum experienced a remarkable rally on Monday, marking its largest daily gains in three years and surpassing industry giants like Mastercard and LVMH in market capitalization. The surge was triggered by increasing speculation regarding the Securities and Exchange Commission’s (SEC) potential approval of a spot Ethereum exchange-traded fund (ETF). News of the heightened probability of SEC approval for a spot…
Meet the women behind the world’s largest crypto exchanges
Both former television hosts, Binance’s Yi He and Bitget’s Gracy Chen, currently lead the world’s largest crypto exchanges by volume. Source: https://cointelegraph.com/news/meet-women-behind-world-largest-crypto-exchanges
Howey Who? How US Crypto Bill FIT21 Defines Decentralized Networks
Decentralization has served as crypto’s North Star since its beginnings, but with Wednesday’s passage of a crypto market structure bill, the concept could soon become enshrined in U.S. law. Known as the Financial Innovation and Technology for the 21st Century Act, or FIT21, the bill passed by lawmakers in the House of Representatives would provide a pathway for cryptocurrencies to…