Coinbase CEO Brian Armstrong Says Decentralized Finance Should Be Protected From Regulatory Overreach

Coinbase CEO Brian Armstrong is voicing his opinion on potential regulations involving crypto and decentralized finance (DeFi). Armstrong says he’s grateful that Michigan Democrat Debbie Stabenow and Arkansas Republican John Boozman are attempting to get the ball rolling on regulatory clarity for crypto and DeFi. The US Senators have been working to create legislation that …

Crypto incubators have a responsibility to maintain fiscal discipline

Contrary to popular belief, a bear market provides ideal conditions for startup founders and developers to work on technological innovations. The absence of market frenzy and speculative investing helps startups to focus on the fundamentals, which are beneficial in the long run. However, bear markets dry up capital sources, and liquidity becomes the proverbial mirage …

Bitcoin will surge in 2023 — but be careful what you wish for

The Bitcoin (BTC) community is divided about whether the token’s price is going to surge or crash in the year ahead. A majority of analysts and technical indicators suggest it could bottom between $12,000 and $16,000 in the months to come. This correlates with a volatile macroeconomic environment, stock prices, inflation, Federal Reserve data and …

Weekly MacroSlate: Which part of the Big Short film are we in right now? As U.S. treasury yields continue to climb and invert across the yield curve

Macro Overview Recap of critical events, week commencing Oct. 10 As CryptSslate attended Bitcoin Amsterdam, there was no weekly MacroSlate report for the week commencing Oct. 10. Key macro topics that occurred were; On Oct. 13, the U.S. CPI inflation report showed a worrying jump in prices excluding food and energy for September, pushing the …

Mango Markets hacker rugpulls Mango Inu after warning investors would “definitely lose all your money”

The Mango Markets “hacker,” who goes by Avraham Eisenberg, bragged on Twitter about his latest project, Mango Inu, a meme coin based on Eisenberg’s infamous Mango Markets exploit. Eisenberg, however, made it clear on Twitter a couple of days after launching the project that anyone who invested would “definitely lose all your money.” Eisenberg later …

Zilliqa’s vision for Web3 gaming prioritizes gameplay – deep dive into roadmap – SlateCast #26

Zilliqa (ZIL) platform is known for its scalability solution called sharding. Sharding refers to dividing the network into several smaller component networks called shards. This allows the platform to process transactions in parallel, which increases the number of transactions it can process. Zilliqa’s Head of Gaming and Technology, Valentin Cabela, talked to CryptoSlate about separating …

Wintermute CEO argues Crypto Twitter “doesn’t matter” as much as “US regulators, politicians” in response to SBF discourse

CEO of Wintermute, Evgeny Gaevoy, took to Twitter on October 23 to add commentary to the discourse around FTX CEO Sam Bankman-Fried and his intentions within the crypto industry. Gaevoy argued that Crypto Twitter is a “tiny subset of the world” and “doesn’t matter.” Gaevoy went on to say that “US regulators and politicians as …

A Look at the First Phone-to-Phone Bitcoin Transfer Using a Nokia N900 Smartphone

When Satoshi Nakamoto created Bitcoin, the full node client came with a wallet often referred to as Bitcoin-Qt. Nakamoto’s simplified payment verification (SPV) concept was not available until two years later, after the former Bitcoin Core developer Mike Hearn published BitcoinJ in 2011. However, prior to the first SPV client or optimized lightweight bitcoin wallet, …

Analysts Say an Onslaught of Fed Rate Hikes Could Spur a ‘Bond Market Flash Crash’ or ‘Blow up the Treasury’

The U.S. economy has been struggling with inflation running rampant and investors are eagerly waiting for the U.S. Federal Reserve to announce the next federal funds rate hike next month. Harris Kupperman, the founder of the hedge fund Praetorian Capital, believes the onslaught of Fed rate hikes could very well “blow up the Treasury.” Furthermore, …

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