$6.6K: Bitcoin Price Eyes New Target for Bull Reversal
A move past a key resistance at $6,675 would confirm a short-term bearish-to-bullish trend change in bitcoin.
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SEC Guidance Gives Ammo to Lawsuit Claiming XRP Is Unregistered Security
news The Takeaway: A new amended complaint against Ripple draws on the SEC’s framework for digital assets to outline how XRP might be a security – likely the first federal case to do so. The filing also cites California advertising law, in addition to federal securities law, to argue that investors were misled by Ripple’s…
MarginFi Leader Resigns on Fiery Day for Major Solana Lender
MarginFi's longtime leader, Edgar Pavlovsky, resigned Wednesday following an internal dispute at the protocol's builder, mrgn.The abrupt exit won't impact MarginFi's borrow-and-lend functions, but it did spur $100 million in capital flight.Edgar Pavlovsky, the CEO of the company building crypto borrow-and-lend platform MarginFi resigned Wednesday as internal fissures at the major Solana DeFi project erupted
Numerai to Cut Token Supply by 10 Million to Become ‘Decentralized as F*ck’
news Numerai never did a token sale, but people have its token and they are using it. The numeraire (NMR) was launched in June 2017 as an early departure from the initial coin offering (ICO) template. Now, with the final upgrade of the company’s smart contract on ethereum, the maximum supply of tokens will drop from…
First Mover: Bitcoin Tops $50K and Crypto’s Nouveau Riche Move In
Break of psychological threshold pushes largest cryptocurrency's year-to-date return to 70%, as a new breed of upstart tokens pushes industry market cap past $1.5T.Feb 16, 2021 at 1:56 p.m. UTCFirst Mover: Bitcoin Tops $50K and Crypto’s Nouveau Riche Move InPrice PointBitcoin (BTC) shot past $50,000 for the first time Tuesday to a new all-time high…
StarkWare Unveils New ‘Stwo’ Cryptographic Prover That’s ‘Blazingly Fast’
DENVER, COLORADO – StarkWare, the developer firm behind layer-2 network Starknet, announced on Thursday at ETHDenver that it is building a new cryptographic prover, called Stwo.A prover is a key component for layer-2s, since they generate proofs that are then posted to the base layer blockchain – a crucial process in linking the networks and
Maple Finance Expands to Direct Lending Targeting Web3 Firms
Blockchain-based credit marketplace Maple Finance expands to direct lending, aspiring to fill the vacuum that the implosion of centralized lenders like BlockFi and Genesis created.The team behind Maple will start its own direct lending desk called Maple Direct to underwrite and issue loans to Web3 businesses starting in July, the firm announced in a press…
Climbing off Twitter on Scaffolds of Truth: Where Srinivasan and Benet Diverge
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Inflation or Deflation? Jack Dorsey, Cathie Wood, Elon Musk, Jeff Booth Debate!
This episode is sponsored by NYDIG.Last weekend, Jack Dorsey set the internet alight when he proclaimed, “Hyperinflation is going to change everything. It’s happening.” That kicked off a mighty debate involving Cathie Wood, Elon Musk, Jeff Booth and others. At the heart of it is the question of whether inflation or deflation is the more…