Mt. Gox Effect? Bitcoin Dominance Drops Most in 5 Months
BTC’s dominance tanked Monday as news of Mt. Gox repayments bolstered concerns of supply overhang entering the market.BTC’s dominance tanked Monday as news of Mt.…
Category: CoinDesk
ZKsync Developer’s New ‘Elastic Chain’ Could Compete With Polygon’s AggLayer
This Elastic Chain is composed of multiple chains in the ZKsync ecosystem, but users will feel like they are using a single chain.This Elastic Chain…
Bitcoin Holds $61K After a Brief Nosedive
Bitcoin has seen significant selling pressure from continued ETF outflow, Mt. Gox’s upcoming bankruptcy redemptions, and miner sales.Bitcoin has seen significant selling pressure from continued…
Julian Assange Reaches Plea Deal With U.S. DoJ
Wikileaks Co-Founder pleads guilty to single espionage charge in exchange to a sentence for time served.Wikileaks Co-Founder pleads guilty to single espionage charge in exchange…
Bitcoin Threatens $60K on Mt. Gox News, but Sales Could be Less Than Feared
Prices are sharply lower on Monday after the trustee for the defunct crypto exchange said it will begin returning more than 140,000 bitcoin to clients…
Biden Likely to Win Popular Vote, but Not Presidency, Prediction Market Signals
Plus: $DJT believers dispute the resolution of a Polymarket bet, insisting the “preponderance of evidence” shows Barron Trump’s involvement.Plus: $DJT believers dispute the resolution of…
The Internet of Things Is Still Broken (But DePIN Can Fix it)
Manufacturers have struggled to make services for smart devices profitable, leading to problems for consumers. But these machines could be corralled to create blockchain-linked decentralized…
Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners
The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific.The funding came…
Jump’s Kariya, Who Went From Intern to Crypto Leader, Is Leaving Trading Giant
The Wormhole hack and Terra/Luna blowup happened while he ran Jump’s crypto operation.The Wormhole hack and Terra/Luna blowup happened while he ran Jump’s crypto operation. Â
Tether to Stop Minting Stablecoin USDT on Algorand and EOS
The circulating supply of the dollar-linked stablecoin on the two blockchains represents roughly 0.1% of the total USDT supply.The circulating supply of the dollar-linked stablecoin…