Monthly archives: October 2023

A prominent crypto venture capital firm is comparing Ethereum (ETH) to the mobile operating system Android and Solana (SOL) to iOS. In a new blog post, Placeholder Capital makes a case for why Ethereum and Solana are comparable to the two different operating systems. “Ethereum and Solana are like Android and iOS. Android values modularity: …

Continue reading “Crypto Venture Firm Placeholder Capital Says Ethereum and Solana Are Like Android and iOS – Here’s Why”

A widely followed crypto trader says digital assets are reaching the end of a bear market while breaking down Bitcoin (BTC). Crypto analyst Michaël van de Poppe tells his 668,300 followers on the social media platform X that the crypto markets might already be reversing. “The final stage of the bear market for crypto.  We might …

Continue reading “Trader Says Crypto Entering Final Stages of Bear Market, Examines a Weakening Bitcoin (BTC)”

Philippine-based crypto exchange Coins.ph says it is teaming up with fintech firm Circle to enable its 18 million Filipino users to enjoy better remittance services. In a statement, Coins.ph says stablecoin-denominated remittances enable fast, cheap and secure international money transfers. Circle is the company behind USDC, the second-largest stablecoin by market that aims to keep …

Continue reading “Circle Partners With Fintech Company To Tackle the Philippines’ $36,100,000,000 Remittance Industry”

One of the co-creators of popular meme asset Dogecoin (DOGE) is calling out the DOGE community for its lack of productivity. In a new thread on the social media platform X, Billy Markus, also known as Shibetoshi Nakamoto, says that the DOGE community doesn’t “do anything productive at all” but also adds that developing for …

Continue reading “Dogecoin Co-Founder Billy Markus Calls Out DOGE Community, Says They Do Nothing Productive”

Uniswap launched a beta version of its wallet app for Android, paving the way for a Google Play Store launch once testing is complete. News Join us on social networks Decentralized crypto exchange Uniswap launched a closed beta Android version of its mobile app on October 12, according to a blog post from the app’s …

Continue reading “Uniswap launches Android wallet beta for Google Play”

Former Alameda Research chief executive Caroline Ellison says former FTX CEO Sam Bankman-Fried directed her to commit fraud. Ellison said Alameda, the trading arm of FTX, took around $14 billion from the exchange’s customers and used it for investments between 2020 and 2022, according to lengthy court transcripts from Bankman-Fried’s trial released by Inner City Press …

Continue reading “Ex-Alameda CEO Caroline Ellison Says Sam Bankman-Fried Directed Her To Commit Crimes As Trial Enters Week Two”

The legal action followed reports staff at the commission had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations. Breaking news Join us on social networks The United States Commodity Futures Trading Commission (CFTC) has filed a complaint against Stephen Ehrlich, the former CEO of crypto lending firm Voyager Digital. In an Oct. 12 …

Continue reading “CFTC announces lawsuit against Voyager Digital and former CEO”

An attempt to withdraw USDR stablecoins amid a liquidity crunch appears to have gone horribly wrong. News Join us on social networks During the crisis on Oct. 11 involving real-estate-backed U.S. dollar stablecoin Real USD (USDR), a trader appears to have swapped 131,350 USDR for 0 USD Coin (USDC), resulting in a complete loss on …

Continue reading “Trader swaps 131K stablecoins for $0 during USDR depeg”

Bitcoin sales by FTX come to light as part of the SBF trial, as one prediction suggests that they stopped the BTC price from hitting $100,000. Markets News Join us on social networks Bitcoin (BTC) failed to hit $100,000 during the 2021 bull market because defunct exchange FTX kept selling BTC, analysis claims. In an …

Continue reading “Did SBF really use FTX traders’ Bitcoin to keep BTC price under $20K?”

The experiment demonstrated that CBDCs could be wrapped to purchase NFTs on blockchains such as Ethereum. News Join us on social networks Mastercard has completed a trial involving wrapping central bank digital currencies (CBDCs) on different blockchains, similar to wrapped Bitcoin (wBTC) and wrapped Ether (wETH). According to the Oct. 12 announcement, the trial was …

Continue reading “Mastercard announces successful wrapped CBDC trial results”