LATEST

March 19, 2024

Bitcoin Price Briefly Dips to $8,900 on Crypto Exchange BitMEX

BitMEX says it is investigating unusual trading activity on its BTC/USDT spot market after large sell orders saw the price of bitcoin momentarily fall to $8,900.

PODCASTS

How Ethereum’s Dencun Upgrade Could Lead to the Rise of Millions of Layer 3s - Ep. 620

Episode #620 | March 15, 2024

How Ethereum’s Dencun Upgrade Could Lead to the Rise of Millions of Layer 3s

Base creator Jesse Pollak argues that much cheaper Layer 2 transactions, as well as other developments, will enable the creation of multitudes of specialized Layer 3s that are deeply connected to the onchain economy.

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March 6, 2024

Is Bagel the Future of Machine Learning Data in Crypto?

Bidhan Roy, founder and CEO of Bagel, says there’s a better future for AI learning.

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Bitcoin

March 19, 2024

Bitcoin Price Briefly Dips to $8,900 on Crypto Exchange BitMEX

The price of bitcoin briefly dipped to a low of $8,900 on crypto exchange BitMEX late on Monday, with market participants attributing the activity to a “rogue trader” who sold just under 1000 BTC on the spot market. The news was first flagged by X user “@syq” who noted that …

March 15, 2024

Senators Call on SEC’s Gary Gensler to Cool It on Approving More Crypto ETFs

Senators Jack Reed (D-RI) and Laphonza Butler (D-CA) penned a letter to SEC Chair Gary Gensler earlier this week urging the Commission to halt the approval of further crypto exchange-traded products (ETPs) in U.S. markets.  The letter, which began circulating on social media late Thursday, highlights concerns regarding inadequate risk …

March 15, 2024

Bitcoin DeFi App Sovryn to Deploy on Hybrid Layer 2 Network Build on Bitcoin

Earlier this week, a governance vote for Bitcoin decentralized finance (DeFi) protocol Sovryn resulted in the decision to deploy the app on new Bitcoin layer-two network Build on Bitcoin (BOB).  Sovryn originally launched on the Ethereum Virtual Machine-compatible Rootstock sidechain in late 2020 and focuses on providing many of the …

March 15, 2024

Bitcoin Market Flashes High Risk Signals: Glassnode

It’s been a volatile 24 hours for bitcoin, with the asset losing nearly 8% after hitting a new all-time high above $73,800. Analysts at onchain analytics firm Glassnode say that’s something to be expected, given the current state of the market. Of the 10 risk framework metrics, nine are flashing …

Business

March 18, 2024

SEC Sanctioned for ‘Abuse of Power’ in Debt Box Lawsuit

The U.S. Securities and Exchange Commission (SEC) has been hit with sanctions for its lawsuit against Debt Box, for acting in bad faith and undermining the integrity of the judicial process. In an 80 page opinion, U.S. District Judge Robert J. Shelby imposed sanctions on the regulator, in addition to …

March 16, 2024

Solana at 4: Memecoins Help Drive Network to All-Time High in Market Cap Post FTX Collapse

Almost a year-and-a-half ago, Solana was reeling from the collapse of FTX, with its token price plummeting nearly 70% to under $10. But as Solana reaches the fourth anniversary of its first block on March 16, it has ridden a wave of growth — and confidence — with 1.2 million …

March 15, 2024

Lazarus Group Moves $13 Million in Stolen Crypto to Tornado Cash

Lazarus Group, the North Korean cybercrime group that is believed to be behind the HTX and HECO bridge hacks last year, has started laundering a portion of the funds stolen through crypto mixer Tornado Cash. Blockchain analytics firm Elliptic found that wallet addresses tagged to Lazarus had laundered $13 million …

March 14, 2024

Avalanche Foundation Reveals Its 5 Initial Memecoin Holdings

The Avalanche Foundation, the nonprofit organization charged with supporting the Avalanche blockchain network, disclosed its holdings of five different memecoins early Thursday morning. According to a blog post, the Avalanche Foundation holds Coq Inu, Gecko, Kimbo, NoChill, and Tech. These five tokens, which “represent the fun, spirit, uniqueness, and interests …

DeFi

March 18, 2024

Jupiter’s Token (JUP) Soars to All-Time High Before Retreating; Market Cap Now Stands Near $2 Billion

The price of JUP, the native governance token for the Solana-based decentralized exchange aggregator, Jupiter, reached a record high Monday morning ET, jumping to as high as $1.59 before settling at $1.40 at press time.  According to data from CoinGecko, JUP has increased 10% in the past 24 hours and …

March 15, 2024

Bitcoin DeFi App Sovryn to Deploy on Hybrid Layer 2 Network Build on Bitcoin

Earlier this week, a governance vote for Bitcoin decentralized finance (DeFi) protocol Sovryn resulted in the decision to deploy the app on new Bitcoin layer-two network Build on Bitcoin (BOB).  Sovryn originally launched on the Ethereum Virtual Machine-compatible Rootstock sidechain in late 2020 and focuses on providing many of the …

March 14, 2024

The Chopping Block: The Ups-and Downs of Crypto since 2020 and where we are now!

Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest news. In this week’s episode the squad asks: Is MakerDAO setting a new precedent for DeFi protocols with its emergency rate hike? How significant is the …

March 11, 2024

Arbitrum DAO Removes Proposal to Fund Tornado Cash Developers’ Legal Defense

The Arbitrum decentralized autonomous organization (DAO) appears to have revoked a proposal to fund the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev. The proposal, which was submitted to the governance forum on March 8, called for allocating ARB tokens worth close to $1.3 million from the …

Ethereum

March 18, 2024

Ether.Fi’s Newly Airdropped Governance Token Already Has a $360 Million Market Cap

Ether.Fi’s airdrop distribution of its ETHFI governance token went live Monday morning in a move aimed at decentralizing the liquid staking protocol. Trading in the $3 to $3.50 range for much of the day, the token already has a market cap surpassing $362 million.  Factors that determined eligibility for the …

March 18, 2024

Base Daily Transactions Spike to 2 Million Post Dencun Upgrade

Base, an Ethereum layer 2 network developed by Coinbase, recorded a million dollar rise in daily transactions following the successful deployment of Dencun on the Ethereum mainnet. Blockchain data shows that daily transactions on Base surged to 2.1 million on March 16, roughly a day after Dencun went live. Meanwhile, …

March 15, 2024

Arbitrum to Unlock $2 Billion in ARB Tokens to Offchain Labs on Saturday

Arbitrum on Saturday will unlock over $2 billion worth of ARB tokens to team members, advisors, and investors of Offchain Labs, the software firm tasked with developing the layer 2 blockchain network. The token unlock is the largest in Arbitrum’s history and will nearly double the circulating supply of ARB, …

March 15, 2024

How Ethereum’s Dencun Upgrade Could Lead to the Rise of Millions of Layer 3s

Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform. Ethereum’s long-awaited Dencun upgrade finally went live this week, and many L2s immediately saw their transaction fees fall dramatically, as was the intention. Among them …

NFTs

March 18, 2024

Milady Founder Claims Hack After Millions in ETH and NFTs Drained

Krishna Okhandiar, the founder of Remilia and the Milady non-fungible token (NFT) collection, more commonly known by the pseudonym “Charlotte Fang” has claimed that his wallet was drained by hackers after several popular NFTs and assets were transferred out and liquidated over the weekend. Dumpster DAO flagged the suspicious transactions …

March 3, 2024

Marathon’s Slipstream Mines Largest Bitcoin Block on Record

The largest ever bitcoin block, measured by byte size, has been mined — and it consists entirely of a Bitcoin Ordinals inscription.  The block was mined by bitcoin mining firm Marathon Digital’s Slipstream, a direct transaction submission service on bitcoin made possible by the company’s proprietary mining pool MARA, and …

February 26, 2024

Yuga Labs to End Support for NFT Marketplaces That Don’t Respect Royalties

Yuga Labs, the non-fungible token (NFT) heavyweight, announced on Monday afternoon that its collections with a royalty filter will only be available for trading on marketplaces that enforce royalty payments starting Tuesday. “We will be sunsetting our support for marketplaces who don’t support royalties for ALL creators. This means that …

February 23, 2024

Pudgy Penguins Is Getting a Domain Extension Via Unstoppable Domains

Web3 digital identity provider Unstoppable Domains announced Friday morning that crypto denizens and specifically holders of the NFT collection Pudgy Penguins can acquire domains that end in “.pudgy.” According to a press release shared with Unchained, the partnership between Unstoppable Domains and Pudgy Penguins through the introduction of the new …

Regulation

March 18, 2024

SEC Sanctioned for ‘Abuse of Power’ in Debt Box Lawsuit

The U.S. Securities and Exchange Commission (SEC) has been hit with sanctions for its lawsuit against Debt Box, for acting in bad faith and undermining the integrity of the judicial process. In an 80 page opinion, U.S. District Judge Robert J. Shelby imposed sanctions on the regulator, in addition to …

March 18, 2024

Binance Cofounder Changpeng Zhao Teases New Educational Project Ahead of Sentencing

Binance cofounder and former CEO Changpeng Zhao, who is currently awaiting sentencing for a series of anti-money laundering violations, announced Monday that he would be launching a new “education project,” promising details to follow.  With just over a month remaining until his sentencing on April 30, Zhao took to X …

March 18, 2024

SEC Is Still Worried About the Security of Binance.US’s Assets, Filings Show

The Securities and Exchange Commission’s landmark case against Binance is homing in on a key question: Who has the keys to Binance.US’s assets? Binance remains by far the largest crypto exchange in the world, despite the SEC’s case, as well as criminal charges from the Justice Department in November against …

March 15, 2024

US Prosecutors Recommend 40 to 50 Years in Prison for Sam Bankman-Fried

U.S. prosecutors have submitted sentencing recommendations for Sam Bankman-Fried, recommending to the court that the former FTX CEO be imprisoned for a minimum of 40 to 50 years. In writing their recommendation to Judge Lewis Kaplan, who has presided over Bankman-Fried’s trial, the government emphasized that the scale and callousness …

Tech

March 16, 2024

Solana at 4: Memecoins Help Drive Network to All-Time High in Market Cap Post FTX Collapse

Almost a year-and-a-half ago, Solana was reeling from the collapse of FTX, with its token price plummeting nearly 70% to under $10. But as Solana reaches the fourth anniversary of its first block on March 16, it has ridden a wave of growth — and confidence — with 1.2 million …

March 13, 2024

Ethereum Completes Milestone Dencun Upgrade, Which Should Substantially Reduce Fees

Ethereum has completed a significant upgrade of its blockchain network, which is expected to pave the way for the next generation of crypto users to transact onchain without suffering significant spikes in gas fees. The upgrade, named “Dencun,” was completed early morning Wednesday ET after it was activated on Ethereum’s …

March 12, 2024

Gnosis Chain and ZKSync Have Already Upgraded to Be Compatible With Ethereum’s Upcoming Dencun Hard Fork

Some crypto protocols have upgraded their smart contracts ahead of Ethereum’s anticipated hard fork on March 13 in an effort to be compatible with EIP-4844, a critical element of the upcoming Dencun upgrade. Developers of zkSync performed a protocol upgrade yesterday to make the zero-knowledge-based rollup compatible with EIP-4844, said …

March 8, 2024

How Much Will the Dencun Upgrade Really Reduce Ethereum Layer 2 Fees By?

In less than a week’s time, fees on Ethereum layer 2 networks are set to be reduced dramatically, thanks to Ethereum’s Dencun upgrade. Scheduled for March 13, Dencun is the next major upgrade on Ethereum’s ambitious multi-year roadmap to reduce transaction fees, increase security, and future proof the network. At …



In Case You Missed it

The Chopping Block: The Ups-and Downs of Crypto since 2020 and where we are now! - Ep. 619

Episode #619 | March 14, 2024

The Chopping Block: The Ups-and Downs of Crypto since 2020 and where we are now!

The Chopping Block: Solana Memecoin Mania, MakerDAO’s Rate Hike, and Reminiscing on March 12th 2020!

The Chopping Block: Meme Coin Frenzy, Decentralized AI, & Uniswap's Fee Strategy - Ep. 617

Episode #617 | March 9, 2024

The Chopping Block: Meme Coin Frenzy, Decentralized AI, & Uniswap’s Fee Strategy

The Chopping Block: The Jeo Boden Effect, Innovations in Crypto AI, and Uniswap’s Strategic Fee Initiative!

For Beginners

retropgf

March 5, 2024

What Is Retroactive Public Goods Funding?

Retroactive public goods funding (RetroPGF) is a decentralized voting mechanism that delivers crypto-incentives to public goods projects based on impact.

Optimism Superchain

March 4, 2024

What Is Optimism Superchain And Why Is it Popular for Projects?

The Optimism Superchain is a unified network of Layer 2 blockchain networks built using OP Stack.

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