Trump Picks Pro-Crypto Hedge Fund Manager Scott Bessent for Treasury Secretary
XRP, DOGE Lead Crypto Losses as Weekend Pullback in Bitcoin Causes $500M Liquidations
Bitcoin experienced a significant drop from $98,500 to $95,500 on Sunday, triggering a broader market decline. The volatility led to over $500 million in futures liquidations, predominantly affecting smaller altcoins and midcap futures. Despite the pullback, market sentiment remains optimistic, with analysts still holding a view of bitcoin reaching the landmark $100,000 figure on various […]
Axie Infinity Creator Cuts 21% of Staff Despite Year of ‘Valuable Growth’
Sky Mavis has laid off 21% of its workforce The web3 firm said the decision was not related to its finances.
CoinDesk 20 Performance Update: ADA Gains 10.1% as Index Continues Higher
Stellar was also among the top performers, gaining 6.5% from Tuesday.
Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin
Solana traders are quickly embracing the newest stablecoin to join their decentralized finance (DeFi) fray: USDS, issued by Sky (formerly MakerDAO).
DeFi’s Renaissance
Pro-crypto legislation could allow DeFi to potentially connect with mainstream financial systems, says Toe Bautista.
Miners Going Nuclear: A Symbiotic Synergy
Beyond the increasing proliferation of bitcoin within investment portfolios, mining operations have become a focus of a new wave of mergers and acquisitions on Wall Street, says Taylor Krystkowiak.
Former FTX CTO Gary Wang Won’t Have to Serve Prison Time, Judge Rules
Former FTX chief technology officer and close friend of Sam Bankman-Fried, Gary Wang, won’t have to serve prison time for his involvement in the crypto exchange’s fraud scheme, The New York Times reported.
The Protocol: ENS on Bitcoin; Worldcoin, Without the Eyeballs
Plus: What Zuck can teach DAOs about governance.
Digital Currency Group’s Barry Silbert Bets Big on AI Blockchain Bittensor
Barry Silbert will be the CEO of Yuma, a new DCG company focused on incubating and building new businesses within Bittensor’s decentralized AI ecosystem.