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As a final aside, the silly drama over the BlockWorks op-ed did provide an interesting exchange between two of the smartest people in the industry about whether crypto is an intrinsically partisan ...
Bitcoin had a remarkable 2024. It broke the $100,000 mark for the first time ever and went a little over $108,000. The approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. Securities...
NEW YORK (Reuters) -Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded not guilty on Thursday to U.S. criminal ...
The Block and crypto market maker Wintermute launched crypto index provider GMCI in February 2024. [13] It provides 12 indices that track aspects of the crypto market, including sectors such as Layer 1 tokens and AI tokens. [14]
Terra is a blockchain that leverages fiat-pegged stablecoins to power a payment system. For consensus, the Terra blockchain uses a proof-of-stake codesign. [4] Several stablecoins are built atop the Terra protocol, [4] including TerraUSD, which was the third largest stablecoin by market capitalisation before its collapse in May 2022. [5]
On 5 April 2024, a jury in the United States District Court for the Southern District of New York found Do Kwon and Terraform Labs PTE Ltd. liable for defrauding investors in crypto asset securities. [ 56 ] [ 57 ] The SEC had argued that Kwon secretly sought third-party financing after TerraUSD slipped from its stablecoin peg and then falsely ...
An airdrop basically places tokens in your crypto wallet, and a crypto project’s creators may do so to help grow a grassroots network of supporters, says Alan Eschweiler, the chief operating ...
Polygon (formerly Matic Network) is a blockchain platform which aims to create a multi-chain blockchain system compatible with Ethereum.As with Ethereum, it uses a proof of stake consensus mechanism for processing transactions on-chain.