From locked-up tokens to squabbles over EigenLayer’s snapshot date, arguments have been brewing around the airdrop.
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As US regulators turn their attention to self-custodial services, some service providers have opted to exit the market. zkSNACKs, the company behind the open-source privacy-focused Wasabi Wallet, said it would be immediately barring US citizens and residents from accessing its products and services, and visiting its website. The zkSNACKs coordinator …
A fresh entrant to the exchange traded spot bitcoin market has launched with an extended-hours trading twist. ETC Group, a crypto exchange traded product (ETP) issuer with about $1.5 billion of assets under management, on Thursday launched its ETC Group Core Bitcoin ETP. It trades on the German stock exchange …
Software firm MicroStrategy (MSTR) has been borrowing billions since August 2020 — roughly $7.53 billion so far, according to its founder and Executive Chairman Michael Saylor — to buy bitcoin (BTC) as part of its long-term investment strategy. That approach, coupled with a new public accounting rule announced in December …
In this weekly recap, we cover: DOJ Cracks Down on Crypto Privacy Tools: Founders of Samourai Wallet, a privacy-focused crypto wallet, were arrested under charges of money laundering, as the DOJ intensifies its scrutiny of crypto mixing services. SEC Attorneys Resign After Court Reprimand: Following a court’s decision that chastised …
A fresh entrant to the exchange traded spot bitcoin market has launched with an extended-hours trading twist. ETC Group, a crypto exchange traded product (ETP) issuer with about $1.5 billion of assets under management, on Thursday launched its ETC Group Core Bitcoin ETP. It trades on the German stock exchange …
In this weekly recap, we cover: DOJ Cracks Down on Crypto Privacy Tools: Founders of Samourai Wallet, a privacy-focused crypto wallet, were arrested under charges of money laundering, as the DOJ intensifies its scrutiny of crypto mixing services. SEC Attorneys Resign After Court Reprimand: Following a court’s decision that chastised …
Exchange operator Cboe is shutting down its spot crypto trading business, telling institutional clients in a note on Thursday that “regulatory uncertainty and headwinds in the US” played a role in the decision. Exchange representatives said in a statement that the plan is to wind down the spot trading division, …
Binance founder and former CEO Changpeng Zhao penned a letter to the judge overseeing his case ahead of his sentencing hearing on April 30, saying he deeply regretted his choices and assured the court that the charges he is on trial for would be his “only encounter with the criminal …
In this weekly recap, we cover: DOJ Cracks Down on Crypto Privacy Tools: Founders of Samourai Wallet, a privacy-focused crypto wallet, were arrested under charges of money laundering, as the DOJ intensifies its scrutiny of crypto mixing services. SEC Attorneys Resign After Court Reprimand: Following a court’s decision that chastised …
Welcome to The Chopping Block, where Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner dissect the crypto world’s topics of the day. In this episode, we delve into the SEC’s recent scrutiny of Uniswap, exploring the potential legal and regulatory impacts on the DeFi landscape. We also discuss the …
Following its airdrop announcement, Renzo Protocol’s liquid restaking token, ezETH, deviated from its one-to-one peg to ether (ETH), sparking community criticism regarding poor execution of the planned event. The price of the liquid restaking token (LRT) plummeted as it de-pegged, reaching a low of $688 on decentralized exchange Uniswap. ezETH …
In this weekly recap, we cover: Mango Markets Fraud Conviction: Avi Eisenberg faces up to 40 years after being found guilty of commodities fraud and other charges in a landmark DeFi case, setting a critical precedent for crypto market regulations. Hong Kong Approves Bitcoin and Ethereum ETFs: The Hong Kong …
EigenLayer’s hotly anticipated airdrop, unveiled on Monday, has already come under fire. The plan governing the release of EigenLayer’s token, EIGEN, took heat for a number of its provisions, including preventing token holders from transferring EIGEN after claiming tokens. Others took issue with the percentage allotted for the community airdrop. …
EigenLayer finally announced its long-anticipated airdrop on Monday, and in addition to imposing a number of unconventional standards, it has many wondering what its impact will be on ether when it launches in early May. With billions of ETH restaked in EigenLayer directly and via liquid restaking tokens with their …
OP Labs, the entity behind the Ethereum layer 2 network Optimism, has patched two vulnerabilities with the fraud proof system deployed on the testnet. The fix was disclosed by Offchain Labs, the developers of Arbitrum, another popular layer 2 network that is widely considered to be a competitor to Optimism. …
In this weekly recap, we cover: DOJ Cracks Down on Crypto Privacy Tools: Founders of Samourai Wallet, a privacy-focused crypto wallet, were arrested under charges of money laundering, as the DOJ intensifies its scrutiny of crypto mixing services. SEC Attorneys Resign After Court Reprimand: Following a court’s decision that chastised …
OpenSea, long the dominant NFT marketplace, has struggled to reverse its fortunes since losing its trading volumes lead. OpenSea’s dropoff comes as the competitive landscape — and the business tactics that derive profits — for non-fungible token marketplaces has shifted. Nearly two years ago, before the launch of rivals Blur …
In this weekly recap, we cover: DOJ Cracks Down on Crypto Privacy Tools: Founders of Samourai Wallet, a privacy-focused crypto wallet, were arrested under charges of money laundering, as the DOJ intensifies its scrutiny of crypto mixing services. SEC Attorneys Resign After Court Reprimand: Following a court’s decision that chastised …
In this weekly recap, we cover: Mango Markets Fraud Conviction: Avi Eisenberg faces up to 40 years after being found guilty of commodities fraud and other charges in a landmark DeFi case, setting a critical precedent for crypto market regulations. Hong Kong Approves Bitcoin and Ethereum ETFs: The Hong Kong …
The second season of Crypto: The Game, completed its public mint today within 15 minutes of it going live, with 800 players signing up to play in the next installment of the popular onchain game. NFT’s required to play the game sold for 0.1 ETH each, contributing to a winning …
On Tuesday, April 30, Changpeng “CZ” Zhao will face sentencing before a federal court in Seattle, Washington. Zhao founded Binance, the largest cryptocurrency exchange in the world, leading it as CEO until the Department of Justice brought charges against the exchange and Zhao in November for Bank Secrecy Act failures. …
In this weekly recap, we cover: DOJ Cracks Down on Crypto Privacy Tools: Founders of Samourai Wallet, a privacy-focused crypto wallet, were arrested under charges of money laundering, as the DOJ intensifies its scrutiny of crypto mixing services. SEC Attorneys Resign After Court Reprimand: Following a court’s decision that chastised …
Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Overcast, Podcast Addict, Pocket Casts, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform. On Thursday, Consensys sued the U.S. Securities and Exchange Commission (SEC) in a Texas federal court, seeking to prevent an impending SEC action against …
A number of crypto firms have been taking on the U.S. Securities and Exchange Commision (SEC). The latest to do so is Ethereum infrastructure firm Consensys, which is counter-suing the regulator after receiving a Wells notice earlier this month. In a lawsuit filed in the Northern District of Texas on …
EigenLayer’s hotly anticipated airdrop, unveiled on Monday, has already come under fire. The plan governing the release of EigenLayer’s token, EIGEN, took heat for a number of its provisions, including preventing token holders from transferring EIGEN after claiming tokens. Others took issue with the percentage allotted for the community airdrop. …
In August of 2023, Coinbase, the top US cryptocurrency exchange, officially launched Base, its own Ethereum Layer 2 blockchain network. Built on the OP Stack, Base has seen a surge in activity in recent months, including a whopping 3,200% increase in daily new users after the Ethereum Dencum upgrade, and …
In this weekly recap, we cover: DOJ Cracks Down on Crypto Privacy Tools: Founders of Samourai Wallet, a privacy-focused crypto wallet, were arrested under charges of money laundering, as the DOJ intensifies its scrutiny of crypto mixing services. SEC Attorneys Resign After Court Reprimand: Following a court’s decision that chastised …
When a public company falters and is delisted to the penny stock arena, trading grinds to a halt and its valuation plummets as stockholders cut their losses and move on. Equities trade upon a set of near-universal fundamentals that take the rise and fall of their company’s fortunes into account. …
Unraveling the SEC’s Uniswap Probe: A Deep Dive into DeFi’s Legal Challenges. Plus: Dubai’s Flood Impact on a Major Crypto Event and the Crypto Community’s Resilience. Also, Decoding Bitcoin’s Latest Halvening: What Does it Mean for Inflation and Market Dynamics?
The Chopping Block: Dissecting Monad’s Monumental Raise, The EVM Parallelization Puzzle, Solana’s Congestion Crisis, and Avi Eisenberg’s Courtroom Clash!
BlobScriptions made waves in the Ethereum community as a new type of inscription, similar to Ordinal inscriptions on Bitcoin.
The Runes protocol brings a new fungible token standard to Bitcoin that improves on its predecessor BRC-20.
