EUL tokens jumped 47% on the transfer of tokens. Source: Coindesk Original Post: Euler Finance Hacker Sends 51,000 Stolen Ether Back to Protocol
Categorie: Coindesk
Bitcoin Was a Winner During the U.S. Banking Crisis, but Illiquidity Prevents It From Being a USD Hedge
While capital flowed into bitcoin amid a period of uncertainty, the cryptocurrency’s fractured liquidity arguably played the largest role in its surge. Source: Coindesk Original Post: Bitcoin Was a Winner During the…
The UK Has Created Crypto Banking Problems
U.K. lobbying groups and lawmakers have been complaining that crypto clients can’t find a bank and are faced with restrictions, so they are calling the government to act. Source: Coindesk Original Post:…
Crypto Pundits Romance the Hyperinflation and Dollar Death Narrative. Is It a Real Scare?
Coinbase’s former CTO, among others, has predicted that bitcoin will reach $1 million as the dollar fades, but these doomsayers are ignoring other historical precedents. Source: Coindesk Original Post: Crypto Pundits Romance…
Amazon's NFT Plans Teased in a Receipt Mailed Friday Afternoon
In an email to CoinDesk’s Nikhilesh De, Amazon appeared to confirm that digital tokens, an NFT gallery and resale opportunities are coming to the site. Source: Coindesk Original Post: Amazon’s NFT Plans…
NFTX DAO Eyes Treasury Rebalancing After USDC Wobbles
The decentralized autonomous organization’s token holders are voting to diversify $2 million of its treasury’s assets amid a turbulent crypto market. Source: Coindesk Original Post: NFTX DAO Eyes Treasury Rebalancing After USDC…
Bitcoin Edges Below $28K as Investors Weigh Deutsche Bank Contagion Fears
But the largest cryptocurrency by market capitalization is still up about 16% in March. Ether dropped below $1,800. Source: Coindesk Original Post: Bitcoin Edges Below K as Investors Weigh Deutsche Bank Contagion…
Magic Eden Forms Web3 Games Collective With Leading Publishers, Communities
The NFT marketplace has teamed up with Yield Guild Games, Game7 and Fenix Games to bring Web3 games mainstream. Source: Coindesk Original Post: Magic Eden Forms Web3 Games Collective With Leading Publishers,…
Bitcoin From Defunct BTC-e on the Move Again: Report
Someone is trying to cash out bitcoin from an exchange that has been inactive since the U.S. shut it down in 2017. Source: Coindesk Original Post: Bitcoin From Defunct BTC-e on the…
Eversheds Sutherland Files for Property Rights Over FTX.com Customer Assets
Lawyers asked the court for an early stage summary judgment, to ring-fence FTX assets frozen in the accounts of non-U.S. customers. Source: Coindesk Original Post: Eversheds Sutherland Files for Property Rights Over…
Federal Reserve Says Custodia’s Plans Would Endanger Itself and the Crypto Industry
The Federal Reserve Board argued that Custodia Bank’s proposed business model was “inconsistent” with approval in an order explaining its denial of the Wyoming-based crypto bank’s application for membership. Source: Coindesk Original…
Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs
BlockFi filed for bankruptcy in the wake of FTX’s collapse. Source: Coindesk Original Post: Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of .7M of Mining Rigs
Former SEC Branch Chief Explains Why U.S. Has Jurisdiction in Do Kwon Case
Lisa Braganca says the Terraform Labs founder and his team knowingly reached out to U.S. investors, despite being based in Singapore. Source: Coindesk Original Post: Former SEC Branch Chief Explains Why U.S….
Regulatory Pressure Did Not Shut Down Privacy Tool, Aztec Founders Say
Despite U.S. efforts to sanction Tornado Cash and other crypto privacy tools, Aztec says it shut down its Ethereum zero-knowledge tools for “commercial” reasons. Source: Coindesk Original Post: Regulatory Pressure Did Not…
Matter Labs Has No Plans for zkSync Era Airdrop, But Crypto Twitter Is Speculating
Based on the precedent set by many crypto projects, including this week’s example with Arbitrum’s airdrop of its ARB token, the speculation over a possible zkSync airdrop isn’t totally unfounded. Source: Coindesk …
Bank Consolidation Threatens Freedom, Makes Case for Bitcoin
The biggest threat from the banking crisis triggered by this month’s collapse of Silicon Valley Bank might not lie in the potential for depositors to lose their savings but in the censorship…
A Sudden Onset of Hyperinflation: What Will Happen to Bitcoin?
Source: Coindesk Original Post: A Sudden Onset of Hyperinflation: What Will Happen to Bitcoin?
Decentralized Media Via Web3: A Solution to Bias and Trust Issues in News?
Ashley Rindsberg – a speaker at CoinDesk’s Consensus festival – argues that the New York Times has a track-record of dangerous misreporting. Is “DeMe” the answer to what skews to the media? …
U.S. Accounting Board Seeks Crypto Standards Requiring Firms to Report Price Shifts
U.S. accounting standards may be overhauled to specifically factor in crypto accounting, establishing a fair-value approach that would demand certain digital assets be measured at what they’d go for in the markets,…
Do You Believe in (Bitcoin) Magic?
NFTs continued to grow beyond their humble Ethereum roots this week, with Magic Eden becoming the first major NFT marketplace to offer Bitcoin-based collectibles on its platform. Web3 gaming was also in…