Elkn

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Ethereum Miner Chandler Guo Predicts 90% of PoW Miners Will Go Bankrupt

The Merge put a big hurt on mining, the proof-of-work advocate told CoinDesk TV. He believes the Ethereum fork he backs will draw what miner

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CFTC Preparing to Oversee Crypto, Behnam Tells Senators

SEC Chair Gary Gensler doubled down on his stance that crypto tokens are securities

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The Ethereum Merge Finally Happened: So What?

Investors should take note of some of Ethereum’s core traits that just changed.

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Binance CEO Zhao Says EU's Proposed Crypto Rules Are Fantastic But Strict

Speaking at Binance Blockchain Week Paris, Changpeng Zhao also said the French city is probably "the financial hub for crypto" in Europe and

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An NFT Marketplace Is Letting Buyers Avoid Royalty Payments. Creators Aren’t Pleased

The popular NFT marketplace X2Y2 announced it will no longer make buyers pay royalties on certain NFT purchases, sparking debate on the impo

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Crypto.com Pulls Plug on $495M Champions League Sponsorship Deal: Report

The deal, which had reportedly been agreed in principle, would have seen Crypto.com take over as sponsor from Russian-state owned energy com

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Federal Reserve’s FedNow Real-Time Payments Set for Mid-2023 Debut

The instant payments service is seen as a step towards eventual rollout of a CBDC.

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Eth.link domain could get lost because the only person that can renew it sits in jail

When members of the ENS DAO community go to its eth.link website, all they’ll see now is an empty page with a green domain expiration notice

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Singapore's Central Bank Wants to Foster Digital Assets, Restrict Crypto Speculation

According to Menon, while the digital asset ecosystem uses blockchain, distributed ledger technology and tokenization to allow "anything of

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Web3 Developer Platform Thirdweb raises $24m Series A from Katie Haun, Coinbase and Shopify

Thirdweb, a platform for Web3 app developers, raised $24 million in a Series A round at a $160 million valuation. The funding was led by Hau

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Reddit Starts Airdrop of Polygon-Based “Collectible Avatars”

Avatars from the four collections are available for listing and trading on OpenSea.

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Andreessen Horowitz Says Crypto Can Shift Power Away From Big Internet Companies: Report

Since the start of the crypto arm in 2018, a16z has raised more than $7.6 billion to invest in crypto and blockchain companies. That include

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Telegram CEO proposes to bring usernames to market as NFTs.

Inspired by the $3 million TON domain sale, he wants to “add a little bit of Web 3.0 to Telegram.”

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Stablecoin issuers hold $80bn US bonds (more than Warren Buffett's Berkshire Hathaway)

Stablecoin issuers such as Tether and Circle now hold $80bn worth of short-term US government debt, highlighting the expanding role of digit

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Wall Street's DTCC Launches Private Blockchain Platform to Settle Trades

New York-based post-trade financial services company, The Depository Trust & Clearing Corporation (DTCC), has released a private blockchain

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Biggest Stablecoin Issuer, Tether, Switches Accounting Firm to BDO Italia

Tether has long faced scrutiny over the assets backing its coins. Since at least 2017, Tether has been assuring investors that it will get a

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Ethereum ICO-era whale address transfers 145,000 ETH weeks before the Merge
Ethereum ICO-era whale address transfers 145,000 ETH weeks before the Merge

An Ethereum whale wallet that participated in the genesis initial coin offering (ICO) and obtained about 150,000 Ether (ETH) in 2014 was act

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US Fed Opens Pathway for Crypto Banks to Tap Central Banking System

The U.S. Federal Reserve said Monday it is publishing its final guidance for novel financial institutions to access its "master accounts," s

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Crypto Mogul Seeks to Sell Huobi Stake at $3 Billion Value

Huobi Group founder Leon Li is in talks with a clutch of investors to sell his majority stake in the crypto-exchange at a valuation of as mu

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Wealth managers and VCs are helping drive institutional crypto adoption

Wave Financial’s head of business development Mike Jones said institutional investment in crypto could be driven by the high end of wealth m

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Ethereum Closer to PoS After Successful Goerli Testnet Merge

Ethereum testnet Goerli now switched to proof-of-stake (Pos), representing the third and final step before the long-anticipated Merge.

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Someone Is Trolling Celebs by Sending ETH From Tornado Cash
Someone Is Trolling Celebs by Sending ETH From Tornado Cash

"The gag effectively points out the absurdity of such sanctions for users receiving funds from blacklisted addresses that they have no power

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Citi: Ethereum’s Merge Will Have Several Consequences for the Blockchain

"Citi says switching from PoW will reduce overall issuance of ether by 4.2% a year, and with ether (ETH) eventually becoming deflationary, t

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Metaverse housing bubble bursting? Virtual land prices crash 85% amid waning interest
Metaverse housing bubble bursting? Virtual land prices crash 85% amid waning interest

The average price of lands sold across Decentraland peaked at $37,238 in February 2022. But as of Aug. 1, their costs had dropped to an aver

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Reserve Bank of Australia Starts New Pilot to Explore CBDC Use Cases

The Reserve Bank of Australia (RBA) will develop a "limited-scale" pilot to explore use cases and potential economic benefits of a central b

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Crypto Lender Hodlnaut Freezes Withdrawals, Pulls Singapore Application

Crypto lender Hodlnaut has frozen withdrawals, token swaps and deposits on its platform, in addition to withdrawing a license application wi

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Nomad Recovers Nearly $20M of Stolen $190M

Token bridge Nomad suffered a hack on Monday that resulted in a loss of $190 million in cryptocurrencies. So far, $19.4 million of those fun

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Instagram Expands NFT Feature to Creators Worldwide
Instagram Expands NFT Feature to Creators Worldwide

“This milestone reflects Meta’s continued work to expand access to web3 technology through NFTs, and support creators who want to monetize t

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Starbucks to unveil its web3-based rewards program next month

"Starbucks will unveil its web3 initiative, which includes coffee-themed NFTs, at next month’s Investor Day event. The company earlier this

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Bitget Rolls Out $200M ‘Protection Fund’ to Safeguard User’s Crypto

Crypto derivatives exchange Bitget said Sunday it has launched a new fund designed to safeguard against hacks and theft — a bid to lift the

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Vitalik Buterin: The Merge is not priced in, not only in market terms

"The Merge is not priced in, not only in market terms but also in psychological & narrative terms. And I think it's not going to be priced i

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Japan Ministry of Economy launches Web3 policy office

The new body will bring together the financial regulators and creative industries to formulate the policies in the Metaverse.

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Vitalik Buterin: "Ethereum will be 55% complete post-merge"

Speaking at the Ethereum Community Conference (EthCC) in Paris, Buterin began by comparing the network to its longtime rival, stating “the d

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Tesla Sells 75% of Its Bitcoin Purchases

The electric-vehicle maker said the sale added $936 million to its balance sheet in the second quarter. The company also said it had an earn

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BNP Paribas will offer Crypto Custody

"French Bank BNP Paribas (BNP) is entering the crypto custody space via a partnership with Swiss digital asset safekeeping firm Metaco, acco

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Crypto market cap regains $1 trillion

"For the first time in five weeks, the total market capitalization for crypto assets climbed above $1 trillion on Monday."

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Time to accumulate? 5 sectors to watch during crypto winter

Crypto prices have dropped to multiyear lows, raising the question of which assets from which subsectors are ready for accumulation.

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In Britain, you can now use the blockchain to sue someone.

"A UK judge gave the go-ahead to serve legal documents -- the process of bringing a lawsuit to a person’s attention -- over the blockchain l

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Despite Slow Q2, VC Dollars Are Coming Back to Crypto

"Open investment projects dropped by 24.2% from April to May this year, and 28% from the same month last year, a Dove Metrics report shows.

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Swiss Post's banking arm developing in-house crypto custody platform

"Switzerland’s fifth-largest financial institution is set to develop an independent cryptocurrency trading and custody service for its clien

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UN Report: Venezuela Ranks Third Among Countries With Most Crypto Adoption

"Russians were second on the list, with 11.9% of the population holding crypto, while Ukraine ranked first, with 12.7% of its citizens holdi

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Reddit is launching a new NFT avatar marketplace

"Reddit is launching a new NFT-based avatar marketplace today that allows you to purchase blockchain-based profile pictures for a fixed rate

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😂😂😂

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Bank for International Settlements to allow banks to keep 1% of reserves in Bitcoin

"Despite its skeptical approach to digital currencies, exacerbated by the recent cryptocurrency market crash, it looks like the Bank for Int

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Crypto Tax Cheats Likely to Get Relief as US Crackdown Hits Snag

Under a law passed by Congress last November, crypto firms are supposed to begin recording their clients’ detailed transaction data in 2023,

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KPMG invests $30M in Web3 employee training

"The long-term objective for the company is to examine other potential metaverse use cases such as health care, consumer, retail, media and

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Solana's developers unveil web3-focused mobile phone

"Solana Labs is launching a new subsidiary aimed at building mobile application technology As part of the effort, Solana devs are building a

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Once-Dull Crypto Strategies Are Now Shining in the Bear Market

BlockTower Capital’s market-neutral fund, which manages more than $100 million, has about a 3% return so far this year. And London-based Nic

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Web2 Gaming Platform Giant BUFF Teams Up With Web3 Gaming Pioneer Monkeyleague

"MonkeyLeague and Buff Gaming Platform are teaming up to merge Web2 and Web3. The collaboration will also introduce special edition Monkey N

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Jack Dorsey is building ‘Web5’ powered by Bitcoin

"Whereas Web3 incorporates blockchain technology and tokenization to decentralize the internet, Web5 is being envisioned as an identity-base

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75% of retailers eyeing crypto payments within 24 months: Deloitte

"Three-quarters of United States retailers plan to accept crypto or stablecoin payments within the next two years, according to a new survey

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France gets its first-ever Web3 dedicated fund

"Global VC firm Cathay Innovation and French fintech unicorn Ledger have partnered up to launch an early-stage fund dedicated to Web3 the co

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Cronos Creates $100M Accelerator Program To Support DeFi, Web3 Projects

Cronos, the Ethereum Virtual Machine-compatible network, announced the program is aimed at assisting projects in the advanced DeFi, Web3 gam

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on point.

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it does hurt

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Vitalik Proposes Soulbound Tokens as Web3 Credentials of the Future

"Buterin’s soulbound tokens (SBTs) are non-transferrable NFTs held by unique crypto wallets called Souls. In the paper Buterin co-authored t

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Coinbase becomes the first crypto company to enter the Fortune 500

Coinbase has become the first crypto company to make the Fortune 500 cut — an annual list of America's largest corporations by revenue — ran

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Proofs of attendance are Web3’s new status symbol

https://www.voguebusiness.com/technology/proofs-of-attendance-are-web3s-new-status-symbol

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Do is Evil. He knew he was building a Ponzi scheme. He tried probably the biggest lose-lose prisoner's dilemma in history. video: https://t

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Canadian Bitcoin ETF adds 6.9K BTC in one day marking its biggest single-day buy in its history.

While everything is crashing, crypto institutional adoption/traction is getting more and more traction. lfg.

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More than $200 billion erased from entire crypto market in a day as sell-off intensifies

The price of bitcoin plunged below $26,000 on Thursday, hitting its lowest level in 16 months. Ether, the second-biggest digital currency, t

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Billionaire Sam Bankman-Fried has lost half his net worth in 2022 but he remains bullish

“Crypto markets have mostly stabilized, modulo whatever happens in traditional markets,” said Bankman-Fried, CEO of cryptocurrency exchange

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Terra’s UST crash will make life harder for crypto as regulation looms

https://techcrunch.com/2022/05/11/terras-ust-crash-will-make-life-harder-for-crypto-as-regulation-looms/

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🤣🤣🤣

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Ethereum Stablecoin Dapp Loses Over $180 Million in Exploit

Beanstalk Farms suffered a $182 million exploit in which over 24.8k ETH and 36M BEAN were stolen. The protocol’s TVL just recently crossed

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literally me everyday

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Cathie Wood says banks have a ‘big problem’ thanks to crypto
Cathie Wood says banks have a ‘big problem’ thanks to crypto

“Banks have a big problem,” Wood said from the Bitcoin 2022 conference in Miami. “They’re losing talent to crypto, so they’re having to rais

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Web3 will be key to the future of China's internet, says security regulator

Yao Qian predicted that Web3 will reorganize the organizational form and business model of the Internet economy and offer a level playing fi

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Why crypto is unlikely to be useful for sanctions-dodgers
Why crypto is unlikely to be useful for sanctions-dodgers

"It may have more going for it as a tool to help Ukraine’s fund-raising efforts"

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Crypto platform blocks thousands of Russia-linked wallets

Crypto-currency trading platform Coinbase has blocked 25,000 wallet addresses related to Russia. The platform said the addresses were relat

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JPMorgan: - Bitcoin to reach 150K - NFTs will dominate digital assets - Metaverse is a $1T market opportunity - Staking could be a $40B indu

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Crypto Exchange FTX Sets Up European Unit
Crypto Exchange FTX Sets Up European Unit

The new division is based in Switzerland, with an additional base in Cyprus.

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Ukraine Begins Airdrop of WORLD Tokens on Ethereum
Ukraine Begins Airdrop of WORLD Tokens on Ethereum

The tokens will be distributed to crypto users who made donations to the Ukrainian war charity.

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You Can Thank NFTs for Falling Ethereum Gas Prices
You Can Thank NFTs for Falling Ethereum Gas Prices

Ethereum gas fees are finally in decline. The simmering of the red-hot Ethereum NFT market is the best reason why.

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Bitcoin donations to the Ukrainian army are soaring
Bitcoin donations to the Ukrainian army are soaring

Bitcoin donations to the Ukrainian army are soaring after Moscow launched a large-scale offensive against Ukraine early Thursday. New data

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by @sartoshi_nft

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