Ethereum Questioned by Once-Bullish VC The “Ethereum (ETH) has bottomed and will recover” narrative just got a whole lot more complicated. On Wednesday, legendary venture capitalist Fred Wilson came out with his latest blog on the cryptocurrency market. Titled “Some Thoughts On Crypto“, it may seem like an innocuous post....
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Bitcoin > Libra If you were to ask a random consumer on the street to choose between Bitcoin and LIbra, they would likely choose the latter. Anecdotally, this writer’s friends and family have expressed more interest in the Facebook-backed cryptocurrency than Bitcoin, believing that the former has more potential due...
Crypto exchange Bitfinex has recovered $315,000 lost in the 2016 hack. The U.S. Department of Homeland Security helped in the recovery as apart of an ongoing prosecution against the hackers.
Summary: Cryptocurrency market maker Wintermute was appointed to the committee for unsecured FTX creditors. Wintermute and eight other members form the committee, according to a court document seen by EthereumWorldNews. Sam Bankman-Fried’s crypto exchange filed for Chapter 11 bankruptcy in the U.S. on November 11, 2022. Crypto market maker Wintermute...
Ripple has filed an opposition to the SEC's anticipated interlocutory appeal regarding last month's summary judgment.
Over the past few weeks, the price of XRP has finally started to break higher. As covered in previous reports from this very outlet, the cryptocurrency gained over 35% from its bottom of $0.18 established in December, rallying as high as $0.25 just a few days ago as of the...
Gavin Woods, the founder of Kusama and Polkadot Blockchain, has resigned from his role as Parity’s CEO Bjorn Wagner will now be the new CEO of Parity Technologies. Per a Bloomberg report, Polkadot’s founder Gavin Woods has resigned from his position as the CEO of Parity Technologies, the firm that...
Elon Musk has tweeted a 2014 Youtube video that explains 'everything about' Dogecoin.
Summary: The Electric Coin Company has initiated research on a possible transition of ZCash from a proof-of-work mechanism to a proof-of-stake. The research will focus on shielded wallet UX and security, cross-chain interoperability, proof-of-stake security, issuance rate, on-chain governance, and reducing the protocol’s complexity. The rationale behind exploring ZCash’s possible...
Summary: The Aave DAO completely voted in support of a proposal to launch the third iteration of its lending service on Metis, an L2 scaling network built atop Ethereum’s blockchain. Launching on Metis will allow users of the popular DeFi lender to access lower transaction fees and enjoy liquidity incentives...
Nexo has announced that it is shutting down its U.S business due to the lack of regulatory clarity.
In brief: According to CZ, the 15th BNB coin burn will happen in a month or so Yesterday, Binance Coin dipped by 14% as news broke of the US CFTC investigating the exchange One year ago, Binance Coin was trading at $6.40 due to the Coronavirus dip of mid-March BNB...