May 2, 2024
Coinbase Adopts New Crypto Accounting Standards Early, Boosting Q1 Results
The company recorded an extra $737 million in mostly unrealized gains in the quarter by using mark-to-market rules.
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Fintech firm Block plans to invest 10% of its monthly bitcoin-related gross profits into buying the asset itself till the end of the year, adding to its existing stash of $482 million worth of bitcoin.
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This week in crypto: Stablecoin regulation stalls, Hong Kong debuts spot ETFs, a16z buys into Optimism, FTX unloads Solana holdings, and more!
Fintech firm Block plans to invest 10% of its monthly bitcoin-related gross profits into buying the asset itself till the end of the year, adding to its existing stash of $482 million worth of bitcoin.
Aimed at enterprises, MicroStrategy Orange would use inscriptions in witness data to store and manage decentralized IDs.
The development of BOB, which launched its mainnet on Wednesday, is part of a cultural shift towards experimentation within the Bitcoin ecosystem.
This week in crypto: Stablecoin regulation stalls, Hong Kong debuts spot ETFs, a16z buys into Optimism, FTX unloads Solana holdings, and more!
The company recorded an extra $737 million in mostly unrealized gains in the quarter by using mark-to-market rules.
Tether’s record earnings come as US stablecoin issuers have been tracking a new stablecoin regulation bill making its way through Congress.
The closely-followed multi-manager firm has expanded its longtime traditional finance strategies into digital assets.
This week in crypto: Stablecoin regulation stalls, Hong Kong debuts spot ETFs, a16z buys into Optimism, FTX unloads Solana holdings, and more!
The $280 million move comes three days after EigenLayer announced its initial plans for its token genesis event, which attracted a range of criticisms, including how the airdrop allocation followed a linear distribution model that favored whales.
Navigating EigenLayer’s Airdrop Fallout, Shkreli’s Crusade on Io.net, and CZ’s High-Profile Crypto Sentencings!
The proposed new liquidity layer would allow the Aave DAO to onboard new borrow modules and offboard old ones without the need to migrate liquidity.
This week in crypto: Stablecoin regulation stalls, Hong Kong debuts spot ETFs, a16z buys into Optimism, FTX unloads Solana holdings, and more!
Sreeram Kannan, founder of EigenLayer, and the Eigen Foundation’s Robert Drost explain everything about the recently announced EIGEN token and how they are responding to critics who say the stakedrop favored whales.
The $280 million move comes three days after EigenLayer announced its initial plans for its token genesis event, which attracted a range of criticisms, including how the airdrop allocation followed a linear distribution model that favored whales.
Navigating EigenLayer’s Airdrop Fallout, Shkreli’s Crusade on Io.net, and CZ’s High-Profile Crypto Sentencings!
This week in crypto: Stablecoin regulation stalls, Hong Kong debuts spot ETFs, a16z buys into Optimism, FTX unloads Solana holdings, and more!
Magic Eden recently surpassed OpenSea in weekly trading volume for the first time, highlighting how the competitive landscape among NFT marketplaces is continuing to shift.
This week in crypto: Renzo’s ezETH depegging crisis, Changpeng Zhao faces SEC penalties, Grayscale introduces Bitcoin Mini ETF, and more!
This week in crypto: Senators target stablecoin legislation, heightened scrutiny on CFTC Chair’s previous dealings, advances in Ethereum layer 2 solutions, Uniswap’s risky fee increase strategy, Bitcoin’s rising dominance in fees, and more!
This week in crypto: Stablecoin regulation stalls, Hong Kong debuts spot ETFs, a16z buys into Optimism, FTX unloads Solana holdings, and more!
How fair was the founder and former CEO of Binance’s sentence? See how it stacks up to other recent banking prosecutions across crypto, TradFi, and the casino industry.
The former chief of Binance was sentenced by a Seattle judge to four months behind bars for violating the Bank Secrecy Act.
Prosecutors have recommended a prison sentence of at least three years for Zhao for violating the Bank Secrecy Act, but his lawyers have argued for simply probation.
This week in crypto: Stablecoin regulation stalls, Hong Kong debuts spot ETFs, a16z buys into Optimism, FTX unloads Solana holdings, and more!
As “casters” descend on Venice Beach for FarCon, Unchained looks at how discussions on Farcaster are kinder and gentler than the often rough-and-tumble dynamic on X (Twitter). Here’s what to know and who to follow.
From locked-up tokens to squabbles over EigenLayer’s snapshot date, arguments have been brewing around the airdrop.
Analysts are optimistic that Base could eventually become a significant contributor to Coinbase’s top line, but many think it may take a while to get there.
Navigating EigenLayer’s Airdrop Fallout, Shkreli’s Crusade on Io.net, and CZ’s High-Profile Crypto Sentencings!
Unraveling the SEC’s Uniswap Probe: A Deep Dive into DeFi’s Legal Challenges. Plus: Dubai’s Flood Impact on a Major Crypto Event and the Crypto Community’s Resilience. Also, Decoding Bitcoin’s Latest Halvening: What Does it Mean for Inflation and Market Dynamics?
BlobScriptions made waves in the Ethereum community as a new type of inscription, similar to Ordinal inscriptions on Bitcoin.
The Runes protocol brings a new fungible token standard to Bitcoin that improves on its predecessor BRC-20.
