Justin Sun Might Be Good for Wrapped Bitcoin, Says New Custodian’s Director
The business plan for WBTC is to increase the outstanding amount by five to 10 times what is now, just under $10 billion – using a geographically diversified custodial setup that might be more appealing to buyers outside the U.S
Peter Todd Says Even Reports of His ‘Going Into Hiding’ Are Exaggerated
Core developer Peter Todd was revealed as Nakamoto in the documentary shot by Cullen Hoback. Todd, however, denied being Nakamoto in a previous email to CoinDesk.
First Mover Americas: BTC’s Fall Below $67K Prompts Broad Market Dip
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
CoinDesk 20 Performance Update: LINK Falls 5.7% as Nearly All Index Constituents Decline
Internet Computer was the only gainer, rising 2.3% from Tuesday.
Bitcoin Miners Are Pivoting to AI to Survive. Core Scientific Entered the Race Years Ago
AI clusters and bitcoin mining operations have vastly different needs. Core Scientific’s chief development officer gets down to the nitty gritty.
Tokenized Treasuries: A Game-Changer for Collateral in Crypto Markets
Tokenizing U.S. Treasuries and using them as collateral in crypto markets presents a significant opportunity to merge the best aspects of traditional finance with the innovation of DeFi, says Carlos Domingo.
Scroll’s Token Declines 32% as Whales Scoop Up Airdrop
After more than a year of hype and expectation, layer-2 network Scroll’s governance token launch is beginning to fall short of expectations after being plagued by token allocation issues.
How a Small Crypto Investment Can Improve Your Portfolio
A well-balanced portfolio that includes cryptocurrencies like bitcoin or ether has the potential to offer superior returns and a higher Sharpe ratio compared to traditional portfolios made up solely of equities, bonds, or other assets, says Timothy Burgess.
The Fed Is the Wrong Regulator for Stablecoins
The U.S. central bank would be conflicted, because stablecoins compete with the Fed’s payments infrastructure and with potential CBDCs.
The Protocol: Justin Sun, Bitcoin Mempool Sniping, XRP for Harris, Inspirational Women
This week’s issue could not be more chock-full of blockchain content. We clarify Tron founder Justin Sun’s role in the WBTC project, bring you excerpts from the new crypto book “Lessons Learned” and highlight inspirational women of Web3 and AI. PLUS a photo from the stage at Cosmoverse.