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Expect new IRS crypto surveillance to come with a surge in confiscation

• by admin
• November 9, 2023

The Justice Department is claiming that it’s “critical” for it to have the power to seize cryptocurrency from Americans — even if a judge never signs off. Opinion As the Internal Revenue Service (IRS) pushes forward with its proposal to increase cryptocurrency surveillance, a past report might offer a clue for how this information may […]

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The hype of tokenizing real world assets — a Swiss stablecoin use case

• by admin
• November 8, 2023

A stablecoin issued in Switzerland is not a simple fiat mirror and offers enhanced stability without exposing users to reserve investment risks. Stablecoins are essential to cryptocurrency markets, and traditional payment systems, especially cross-border ones, can also benefit from them. Edelcoin sets a new standard for stablecoins, offering low volatility, inflation protection, and zero reserve […]

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Starknet and zkSync buck trend as crypto ecosystems shed devs by 28%

• by admin
• November 7, 2023

Monthly active developers across the crypto ecosystem fell 28% year-on-year in October, but some have managed to buck the trend. News Ethereum layer-2 scaling solutions Starknet and zkSync are among the few platforms to have increased their total monthly active developer counts over the last 12 months, data shows. While Starknet and zkSync only recorded […]

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Opinion: With Bitcoin’s halving months away, it may be time to go risk-on

• by admin
• November 7, 2023

Robert Kiyosaki has predicted that Bitcoin’s price is going to reach $100,000. Michael Saylor is aiming for $1 million. Is it a good time to start buying? More tradition than coincidence, the Christmas season is around the corner again and the market is looking good for yet another run. Bitcoin BTC $34,829 surged to more […]

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Ethereum is about to get crushed by liquid staking tokens

• by admin
• November 1, 2023

The popularity of liquid staking tokens could usher in a new age for Ethereum and the rest of cryptocurrency — and play a key role in the new bull market. Opinion Before we know it, liquid staking tokens (LSTs) are going to replace Ethereum’s native cryptocurrency, Ether ETH $1,805 . The LST market is already […]

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Abracadabra proposes hiking loan interest rate by 200% to manage Curve risk

• by admin
• November 1, 2023

The Curve Finance exploit has created a liquidity crisis in the DeFi ecosystem, with several lending protocols rushing to minimize their exposure. News Abracadabra Money, a cross-chain lending platform, has proposed increasing the interest rate on its outstanding loans to manage risks associated with its exposure to Curve DAO (CRV). The proposal drew mixed reactions from the […]

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CME becomes second-largest Bitcoin futures exchange as open interest surges

• by admin
• October 31, 2023

The surge in CME Bitcoin futures open interest has helped the regulated derivatives platform attain a 25% market share in Bitcoin futures. The Chicago Mercantile Exchange (CME), a regulated derivatives exchange that lists Bitcoin BTC $34,432 futures, now stands just behind Binance in terms of notional open interest to rank second in the list of […]

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SBF was ‘very resistant’ to investors on FTX board: Paradigm co-founder

• by admin
• October 31, 2023

Matt Huang said he was led to believe that Alameda Research was not being provided any special treatment by FTX. Sam “SBF” Bankman-Fried was “very resistant” to having investors join the board of directors at FTX, claims Matthew Huang, co-founder and managing partner of crypto investment firm Paradigm. Paradigm and a number of venture capital […]

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Reddit removes moderators involved in alleged insider trading of MOON tokens

• by admin
• October 31, 2023

On Oct. 18, Reddit closed its blockchain-based points program that involved the use of certain crypto tokens native to subreddits. Reddit’s r/CryptoCurrency community has fired two moderators who were found to be involved in insider trading of the Moons (MOON) token, Cointelegraph has confirmed. As Cointelegraph reported on Oct. 20, at least three wallets linked […]

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Game review: Immutable’s Guild of Guardians offers mobile dungeon adventures

• by admin
• October 31, 2023

Guild of Guardians is a dungeon-crawling mobile adventure game with a play-to-earn twist. Review From Oct. 9–20, Immutable invited playtesters to try out an early demo of its upcoming mobile game, Guild of Guardians. Guild of Guardians was first announced in 2021. Its utility token, Guild of Guardians Gems (GOG), went up for sale in […]