In recent years, attention towards layer two (L2) scaling solutions for Bitcoin has persisted, though bitcoin capacity in the Lightning Network has seen a decline. In recent years, other varieties of L2 solutions have emerged, capturing the attention of the crypto community. On March 19, 2024, the lead developer at Blockchair unveiled L2 Watch, an …
Continue reading “From Rollups to Sidechains, L2 Watch Catalogs Dozens of Bitcoin Layer 2 Solutions”
Leading smart contract platform Ethereum (ETH) is showing signs of growth despite its underperformance and the regulatory uncertainty surrounding it, according to market intelligence firm IntoTheBlock. In a new article, the head of research at the crypto analytics platform says that Ethereum volumes are reaching levels they haven’t seen in years, signaling growth. “Ethereum has …
Eight financial giants are shelling out tens of millions of dollars to settle a decade-long whistleblower lawsuit. JPMorgan Chase, Bank of America, Citigroup, Morgan Stanley, Fifth Third Bancorp, Barclays, Bank of Montreal (BMO) and William Blair were sued in 2014, accused of reaping millions in illicit profits by rigging interest rates on municipal bonds. The …
The hackers who struck Heco Bridge, a project linked to Tron (TRX) founder Justin Sun, have been funneling their stolen Ethereum (ETH) into the sanctioned crypto mixer Tornado Cash (TORN). The blockchain security firm PeckShield notes the exploiters sent 40,391.8 ETH worth approximately $145.7 million to Tornado Cash in the past eight days. Source: PeckShield/X …
In 2017, Every-bro David Portnoy was tired of the crypto questions being lobbed in his mind with nothing there to hit them. Who hasn’t wondered about cryptocurrency? What is it? How does it work? The questions are typical and pervasive. If you are one of the few who has informed themselves and obtained crypto knowledge, …
Continue reading “Every-Bro David Portnoy’s Hapless Tale of Crypto Foolery”
Gary Gensler thinks some crypto firms skirt mandatory disclosure requirements. The chair of the U.S. Securities and Exchange Commission (SEC) recently spoke to the Columbia Law School Conference and laid out the reasons why he believes mandatory disclosure requirements for companies are important. “The benefits from investors having access to disclosure required by laws and …
In the span of just six days, the nine freshly launched spot bitcoin exchange-traded funds (ETFs) have gathered 20,859.57 bitcoins, valued at over $1.3 billion. Holding 474,363.55 bitcoins worth $30.6 billion, these new ETFs are short of 25,636.45 coins to hit the 500,000 milestone. Excluding GBTC, Fidelity’s FBTC and Blackrock’s IBIT Dominate Bitcoin ETFs In …
This week’s non-fungible token (NFT) sales have taken another nosedive, intensifying the downtrend that began with a 16.55% decline from March 9 to March 16, 2024. The last seven days have witnessed an even steeper drop, with NFT sales plummeting by 18.57%. Cryptopunk #7,804 Shines in a Week of Falling NFT Sales In line with …
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As of March 22, the bitcoin holdings of Grayscale’s Bitcoin Trust (GBTC) have diminished by 27,917.37 compared to its status three days prior, now amounting to 350,252 bitcoin valued at approximately $22.2 billion. Since evolving into an exchange-traded fund (ETF) listed on public exchanges, GBTC has shed billions in bitcoin over the preceding 71 days. …
Continue reading “From Peak to Present: GBTC’s Bitcoin Holdings Decrease by 266,827 BTC in 71 Days”
A widely followed crypto analyst is warning that Ethereum (ETH) could collapse in value after failing to hold a key level. In the latest edition of the trader’s altcoin newsletter, pseudonymous crypto trader Rekt Capital warns that Ethereum could dip below $3,000 based on historical precedence. “Ethereum is in a complicated spot. Because it has …
A closely followed crypto strategist believes one red-hot Shiba Inu (SHIB) rival will be a top performer in the ongoing bull market. Pseudonymous analyst Inmortal tells his 211,200 followers on the social media platform X that he is bullish on the dog-themed crypto asset Floki (FLOKI) due to significant project announcements. “Important announcement on Thursday. …
Web3 has always felt like an inclusive and empowering community to be a part of. In making the transition from traditional finance to DeFi, there has been no lack of support, encouragement, and guidance. Embodying a leadership role as a female has also felt free from obstacles or adversity. Gender Gap Still Evident However, despite …
Continue reading “Op-ed: Funding isn’t the core solution to bridging the gender gap in Web3”
A London resident reportedly caught with bitcoins worth over $4.3 billion has been convicted for entering into a money laundering arrangement. The woman specialized in converting digital assets into physical assets, such as multimillion-dollar houses and jewelry. Converting Bitcoin to Physical Assets A British woman, found in possession of bitcoins currently valued at over $4.3 …
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Argentines are increasingly turning to online side jobs to have an additional crypto-based income. According to the local press, students who have lower incomes and are affected by the adverse conditions of the national economy, are the ones who are commonly getting into these jobs with foreign companies or platforms that pay in crypto. Argentines …
Continue reading “Reports: Crypto Is at the Forefront of the Side Job Economy for Argentines”
A crypto trader who called Bitcoin’s (BTC) 2018 price floor thinks that top memecoin Dogecoin (DOGE) is gearing up to witness a big upside move. The analyst pseudonymously known as Bluntz tells his 250,400 followers on the social media platform X that DOGE is in a solid position to print gains against both the US …
