ai16z mulls tokenomics shakeup, L1 launch

The stars are aligning for BTC price action as traders pin hopes on the Bitcoin bull market finally returning.

Impermanent loss is one of the most recognized risks that investors have to contend with when providing liquidity to an automated market maker (AMM) in the decentralized finance (DeFi) sector. Although it is not an actual loss incurred from the liquidity provider’s (LP) position — rather an opportunity cost that occurs when compared with simply…

This article has been updated to correct the name of Atomrigs Lab.Major South Korean commercial lender KB Kookmin Bank has signed a Memorandum of Understanding with blockchain technology firm Atomrigs Lab to jointly explore digital asset management and protection solutions. The news was released at a press conference at the bank’s office in Seoul on…

ETH price bounced off a major support level, and while $2,000 could be a short-term target, most analysts say it’s just a “relief rally.” 168 Total views 2 Total shares On May 30, the cryptocurrency market experienced a much-needed bounce that saw Bitcoin (BTC) climb above $30,900 and Ether (ETH) rally 5.84% to $1,930, but…

Bitcoin mining company Compass Mining claims to have found “three issues” in the ASIC design of the two new Antminer S19 miners, units that are primarily used to mine Bitcoin (BTC).These issues could result in the machines overheating and in some cases, completely breaking down.The firm’s mining operations team warned in its Mar. 6 post…

Paris Saint-Germain and Juventus fan tokens surged by 80% to 160% in the last 24 hours as their daily volume spiked to $300 million. 1275 Total views 14 Total shares On Dec. 14, Binance listed PSG and JUVE, two utility sports fan tokens associated with the Paris Saint-German (PSG) and Juventus (JUV) football clubs. After the listing…

Iran is fighting against unauthorized crypto mining amid ongoing energy supply shortages. 3622 Total views 25 Total shares The Iranian government continues to closely monitor the cryptocurrency mining industry by initiating new measures against home crypto miners, according to a new report.Mostafa Rajabi, a spokesperson for Iran's Ministry of Energy, said that crypto mining with…

A survey of U.S. financial advisers concluded that most believe approval will not come until at least 2025. 9932 Total views 20 Total shares While many crypto holders anxiously await the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, one group of financial experts appears to be pessimistic about this

“Considering how much was at stake, I believe our team has made the best decisions possible given the circumstances,” said Polygon’s co-founder Jaynti Kanani. 1696 Total views 49 Total shares Ethereum-based layer two scaling network Polygon has quietly fixed a vulnerability that put almost $24 billion worth of its native token MATIC at risk. According…