Ethereum
Paying for Use Slows Down Crypto's Search for a Use Case
CoinDesk’s Danny Nelson reported that Polygon paid DraftKings to be on the network, a furtive deal that only misrepresents consumer choice. Source link
Month: November 2023
Market Analysis
MicroStrategy Goes Aggressive With Bitcoin Purchases
Michael Saylor’s MicroStrategy and its subsidiaries have purchased an additional 16,130 Bitcoin for approximately $593.3 million. While Bitcoin bull Saylor continued holding on to his Bitcoin portfolio throughout the bear market, he has turned into […]
Bitcoin
DeFi, NFT Markets Are Showing Signs of Revival, JPMorgan Says
The Ethereum blockchain does not appear to have profited from this recent revival in DeFi and NFT activity, and faces issues related to its “network scalability, low transaction speeds and higher fees,” and increased competition […]
Market Analysis
On-chain debt securities platform Obligate launches on Base
On-chain debt securities marketplace Obligate launches on Base Obligate is a Swiss-regulated on-chain bonds platform, while Base is an Ethereum layer-2 scaling platform launched by Coinbase. Deployment on Base will help with institutional adoption of […]
Regulation
Crypto for Advisors: Investing in Web3
Alex Tapscott, author of the recently published book Web3: Charting the Internet’s Next Economic and Cultural Frontier, takes us through Web3 investment opportunities in today’s Advisors. Source link
Ethereum
Brazil to Impose 15% Tax on Crypto Earnings Held on Offshore Exchanges: Report
The bill is awaiting presidential approval. Source link
Bitcoin
UK Won’t Excuse Ignorance in the Hunt for Unpaid Crypto Taxes, Experts Say
The government could use a number of different ways to track down crypto tax evaders, CoinDesk was told. Source link
Market Analysis
KyberSwap Hacker Demands Full Control of Protocol or Else
The hacker who stole millions from decentralized exchange aggregator KyberSwap has demanded full “executive control” of the “Kyber company.” The return of stolen funds is contingent on the KyberSwap management meeting their demands by Dec. […]
Regulation
A Suspicious 'Munger' Coin Soars Then Crashes After Billionaire Charlie Munger's Death
A memecoin that was minted 15 minutes after Charlie Munger’s death soared by more than 31,000% before losing 98% of its value over the subsequent 24-hours. Source link
Bitcoin
Sending DraftKings Millions to Run Failed Validator
By this point, DraftKings was rolling in MATIC rewards. In eight months, the validator’s token stake had grown 120% to 5,578,691 MATIC ($6.3 million at the time). No other Polygon validator had earned that much […]