Before the ‘Bomb’ Hits: Why the Race Is on to Alter Ethereum’s Economics

Federal Reserve chair Jerome Powell tempered expectations of an imminent interest rate cut in March during Wednesday's FOMC press conference.Bitcoin dipped to $42,300, while crypto majors ETH, ADA, DOT fell 3%-4% with Solana's SOL tumbling over 6%.Bitcoin remains in a channel consolidating without clear direction between $42,000 and $44,000, Swissblock said.Cryptocurrencies tumbled lower Wednesday with

Bitfarms was able to sell far few shares for the same amount of proceeds thanks to a 45% rise in its stock price in the last week.Price action for shares of Bitfarms(TradingView)Jan 14, 2021 at 2:08 a.m. UTCUpdated Jan 14, 2021 at 2:10 a.m. UTCBitfarms Closes Its Second $15M Private Placement in a WeekPublic cryptocurrency…

Decentralized finance is "the most interesting thing happening in crypto," says acting OCC head Brian Brooks. He wants to assess how new tools can be used to strengthen the banking system. (Credit: Coinbase)‘Inherently Borderless’: Acting OCC Chief Talks Crypto, State Licenses and DeFiIf Christopher Giancarlo was “Crypto Dad” and Hester Peirce is “Crypto Mom,” will…

news “Warning! This is all risky, it may all fail.” That was how Patrick Byrne, CEO of Overstock, concluded his keynote about investing in blockchain at a Wednesday event in New York hosted by investment bank and brokerage Oppenheimer & Co. Unusually formal in a suit and tie, Byrne electrified what had until that point been…

The crypto industry has so far gathered about $161 million after Coinbase became the latest company to donate $25 million to its political action committees for this election, which potentially makes it among the most formidable campaign-finance operations in the U.S.That kind of cash could have allowed the PACs to spend well over $300,000 on

Jan 3, 2021 at 10:01 p.m. UTC(Kameleon007/Getty Images)Crypto Long & Short: Looking Back on a Monumental YearThe first Crypto Long & Short of 2021 has a different format: Instead of the usual article, I’ve asked some leading industry analysts – from Kaiko, IntoTheBlock, skew.com and Arcane Crypto – to share their favorite charts with you.…

This year’s halving — the quadrennial slashing of the amount of new bitcoin (BTC) entering into circulation — may be the most important since the first one around 12 years ago. And yet, despite intense interest in the event, its price impact may be more muted this year than previous halvings. Recently launched protocols, like

Three Arrows participated in a $25 million round at a $1 billion valuation for Worldcoin’s developer Tools For Humanity. FTX’s founder, Sam Bankman-Fried, was an early investor as well.However, WLD prices may run into headwinds as a token unlock worth $165 million is set to begin on Monday.An over 200% surge in Worldcoin’s WLD tokens

For a while, crypto's role in the illegal and gray area drug trade seemed swept under the rug. Or, at least, it was not getting the attention it could have, which is good and bad for an industry still looking to shed its early associations with the Silk Road digital marketplace, which the Feds shuttered…