banking
* Bitcoin price stable after Fed keeps interest rates unchanged * Fed aims for 2% inflation target, considers rate cut later in the year * Equities rally post-Fed decision, S&P 500 up 1%, Nasdaq up 1.7% * Gold price rises 0.5% to $2,327.42 per ounce * Bitcoin price at
crypto
* Terraform Labs and Do Kwon to pay $4.5B to SEC in settlement agreement. * SEC seeks approval from Judge Rakoff for the proposed judgment. * Kwon to pay $204M personally, banned from public company roles. * Terraform's algorithmic stablecoin collapse led to $40B in losses. * SEC charges Terraform and Kwon
ethereum
* Optimism's Layer 2 blockchain now has fault proofs, advancing to Stage 1 decentralization. * Users can withdraw Ether and ERC-20 tokens without third-party involvement. * Fault proofs allow users to challenge and remove invalid withdrawals. * Collaborative effort from OP Labs, Base, and Sunnyside Labs to implement fault proofs. * Security Council
crypto
* Teeka Tiwari was a powerful promoter of digital assets, known for market-moving effects on crypto. * His picks caused immediate rallies in coins like AION and POWR, attracting traders' attention. * Copycat newsletters emerged to replicate Tiwari's success in the crypto market. * Tiwari's picks from 2017-2018 have
competition
* Consensys launched pooled staking on MetaMask for any amount of Ether. * Utilizes StakeWise protocol for increased accessibility to staking rewards. * Rolling out in stages, not yet available to U.S. or U.K. users. * Regulatory uncertainty hinders availability in certain jurisdictions. * MetaMask aims to bridge the gap for users with
bitcoin
* Bitcoin miners selling off reserves due to revenue strain post-halving event. * Miners sent 3,000 BTC ($207M) to exchanges, causing 3% price correction. * Large miners resort to selling BTC to offset revenue loss from halving. * Despite revenue challenges, some mining stocks have seen positive performance. * Bitcoin hash rate remains stable
bitcoin
* 11 U.S. spot bitcoin ETFs had $64.93M outflow, ending 19-day inflow streak. * Grayscale's GBTC led outflows with $40M, followed by Invesco and Galaxy Digital. * Valkyrie's bitcoin ETF saw $16M outflows, Fidelity's FBTC had $3M outflows. * BlackRock's IBIT had $6M inflows,
blockchain
* Wormhole introduces staking for W token holders on Tally Governance Portal. * Stakers can participate in governance decisions for Wormhole DAO and platform. * MultiGov system decentralizes Wormhole across Solana, Ethereum, and EVM L2s. * Wormhole DAO will be the first to adopt MultiGov for cross-chain governance. * W holders can create, vote on,
crypto
* Consensys CEO Joseph Lubin emphasizes importance of security in crypto space. * Lubin compares crypto security to early banking days, urges industry to improve. * He advises users to avoid social media financial advice and keep assets in cold storage. * Lubin warns of increasing threats in crypto space as it grows. * He
bitcoin
* Bitcoin open interest surpasses $1.5 billion, price drops, potential correction looming. * Memecoin market cap down 6% in 24 hours, underperforms broader crypto market. * Top 5 memecoins decline, floki drops 8%, GameStop-inspired tokens fall. * GameStop shares plummet, Roaring Kitty-related tokens like GME, KITTY, ROAR decrease. * The Block is an independent
bitcoin
* EU report identifies Lightning Network as potential tool for criminal activity. * Privacy coins like Monero and Zcash under regulatory scrutiny. * Tornado Cash developer convicted of money laundering by Dutch court. * Crypto mixers and layer 2 solutions complicate tracing illicit transactions. * EU Innovation Hub highlights challenges in balancing privacy and security
bitcoin
* Bitcoin's growth phase is marked by marketing over innovation in second-layer projects. * Projects lacking whitepapers and clear design pose security risks in the Bitcoin ecosystem. * Botanix Labs focuses on building a secure protocol on Bitcoin, not marketing gimmicks. * Scrutinizing new Bitcoin projects is crucial for the community'