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Ethereum

TradFi Takes Center Stage in Crypto’s Next Phase

November 7, 2023 0

It’s different for DeFi stablecoins, as it should be, as protocols try to carve out their own niches and look for competitive advantages. Even in the post-Terra world, DeFi continues to experiment with new constructs. […]

SoC twt 110623
Bitcoin

The Crypto Industry Responded to the IRS Proposed Broker Rule

November 7, 2023 0

A few months ago, the U.S. Treasury Department put out its long-awaited proposed rule for enforcing broker reporting standards on cryptocurrency entities. The proposal suggested capturing hosted wallet providers, payment processors, some decentralized finance (DeFi) […]

FTX Estate Stakes 5.5 Million SOL, Amid Liquidation Fears
Market Analysis

FTX Investors Target Celebrities After SBF Conviction

November 7, 2023 0

With the conviction of FTX co-founder Sam Bankman-Fried (SBF) out of the way, investors are now turning their attention to celebrity endorsers of the exchange. A class-action lawsuit in Miami alleges that former football player […]

What Is Ethereum’s ‘Data Availability' Problem, and Why Does It Matter?
Bitcoin

Celestia Rival Avail Unveils ‘Incentivized Testnet’

November 7, 2023 0

The project is “inviting validators and light client operators – the titans who guard Avail’s network – to test, validate and operate, helping us battle-test our code base, refine our infrastructure, vet our operational readiness,” […]

How Estonian Bank Founder Lost $470 Million in Ethereum
Market Analysis

How Millionaire Lost Ethereum Worth $470 Million

November 7, 2023 0

The founder of Estonia’s LHV Bank, Rain Lõhmus, has been identified as the owner of an Ethereum (ETH) wallet holding 250,000 ETH bought during the initial coin offering, now worth $470 million. The snag is, […]