Browsing yearly archive
MEV is often called an “invisible tax” on users, since certain methods for extracting it, like sandwich attacks and frontrunning, can eat directly into end-user profits. While MEV is a controversial topic even within the industry, some industry advocates argue that MEV plays a positive role in general since it can help to improve blockchain […]
erraform Labs and Do Kwon face a guilty verdict for defrauding investors in a landmark case, highlighting the need for regulatory compliance in the crypto market. A jury in the US District Court for the Southern District of New York has found Terraform Labs and its co-founder Do Kwon liable for defrauding investors. The verdict […]
Ubunation, a web3 charity, has partnered with UNDER Lea’s TRUST, a non-profit organization dedicated to enhancing educational access in Kenya, to launch an innovative charitable fundraising campaign where 10,000 NFTs will be auctioned off to support the construction of a primary school in Nairobi. The “ULT Dream Careers Lion Charity Collection Campaign” will offer supporters […]
Derivatives are often criticized for creating artifical demand and supply via leverage, injecting volatility into the market and are considered a proxy for speculative activity often observed at major market tops. As such, the decline in derivatives’ share of the total market activity might be a good news for crypto bulls anticipating a continued price […]
ZachXBT, a blockchain investigator, claims IRS-CI has harassed him for assistance in solving blockchain crimes, underscoring tensions between privacy and law enforcement. The world of blockchain investigations took an unexpected turn recently when famed pseudonymous investigator ZachXBT reported what he describes as borderline harassment by the United States Internal Revenue Service’s Criminal Investigation Unit (IRS-CI). […]
The Ethereum (ETH) network has witnessed a surge in validators following the Shapella upgrade. This has raised concerns about technical capacity and the potential for centralization. With validators now able to withdraw their staked ETH for the first time, the blockchain ecosystem is facing renewed scrutiny. Amidst this anticipation and apprehension, analysts are optimistic about […]
On Ethena, users can deposit stablecoins such as tether (USDT), frax (FRAX), dai (DAI), Curve USD (crvUSD) and mkUSD to receive Ethena’s USDe, which can then be staked. Unstaking takes seven days. The staked USDe tokens can be supplied to other DeFi platforms to earn additional yield. Source link
BlackRock has included ABN AMRO, Citadel Securities, Citigroup, Goldman Sachs, and UBS as new authorized participants in its Bitcoin ETF. BlackRock, the world’s largest asset manager, has taken a significant step forward in the cryptocurrency space by enlisting five prominent Wall Street firms to support its Bitcoin exchange-traded fund (ETF) operations. The firms—ABN AMRO Clearing, […]
Bitcoin Magazine’s technical editor says it’s necessary to implement covenants – which allow joint ownership of UTXOs – if Bitcoin is to fulfill its promise of bringing financial self-sovereignty to people globally. Source link
“The premium is supported by a desire for investors to have exposure to bitcoin who may be unable to invest directly in bitcoin or in exchange-traded funds (ETFs), and also supported by MSTR’s ability to accretively raise capital to purchase additional bitcoin for shareholders,” the authors wrote. Due to the company’s capital market activity it […]