Block reports a 7.0% decline in its fourth quarter bitcoin revenue. Baird analyst David Koning shares his outlook on the Block stock. Shares of the financial technology company are up 15% year-to-date. Shares of Block […]
If Dapper Labs’ NBA Top Shots Moments are found to be securities, the company and its CEO could potentially face civil and criminal penalties for selling unregistered securities. Source link
The U.S. Securities and Exchange Commission sued Terraform Labs and Do Kwon last week, alleging the terraUSD stablecoin was a security, alongside various other tokens and products. This feels pretty important. Source link
Many DAOs say that decentralization, broadly, is the end goal and, as a result, conflates “system decentralization” with “organizational decentralization.” The former refers to the technological systems DAOs are built on and use, and the […]
On Thursday, the IMF sent a worrying signal to the ecosystem that cryptocurrencies should not be “legal tender.” On Thursday, the Executive Board of the International Monetary Fund (IMF) released a statement stating that cryptocurrency […]
The Federal Reserve Board announced Thursday it had again rejected crypto bank Custodia’s bid for Fed supervision. Source link
It’s easy to think that launching Shanghai in the middle of a bear market could hurt the staking ecosystem. Stakers, skittish about the macro outlook of crypto in 2023, may choose to withdraw their ETH, […]
In a recent speech, Agustin Carstens, the head of the Bank for International Settlements, declared that cryptocurrency has “lost the battle” against fiat currency. But is it really game over for digital currencies, or is […]
Optimism token OP rose 16% after Coinbase announced the launch of its L2 platform on OP stack. OP price hit highs of $3.10 on Coinbase, not far from its all-time high of $3.19. Gains for […]
“Today, we’re excited to announce the testnet launch of Base, an Ethereum layer 2 (L2) network offering a secure, low-cost, developer-friendly way for anyone, anywhere, to build decentralized apps or “dapps” onchain,” Will Robinson, vice […]
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