Bitcoin price drops 1.5% on Fed rate cut gloom as $88K remains in play
Bitcoin ends a run of 14 consecutive green candles as markets price out the odds of further interest rate cuts in 2025.
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Restaking will spark the next big rush of money into crypto
Platforms including EigenLayer, Symbiotic and Karak are charting new territory on the frontier of restaking.

What is StrongBlock (STRONG) and how does it work?
The digital financial environment continues to develop almost every second, which is no surprise to those in the crypto sector. Among such technological advancements, a new project called StrongBlock has popularized the concept of the node as a service (NaaS) on the blockchain. NaaS is an alternative to running entire blockchain nodes on your own;…

British art icon Damien Hirst to accept BTC, ETH payments for print run
The artist is accepting payments in currencies that will last longer than a shark in formaldehyde. 2741 Total views 12 Total shares Yet another fine art institution is jumping on the crypto bandwagon. British artist Damien Hirst and printmaker HENI Leviathan announced Thursday the release of a print run of eight Hirst paintings, which will be…

3AC fugitives in disarray as OPNX faces new peril: Asia Express
3AC co-founder Su Zhu arrested in Singapore, sending a wave of the disgraced blockchain executives' entrepreneurial ventures in disarray. Meanwhile, creditors continue to pursue the duo on asset recovery. by Zhiyuan Sun 4 min October 6, 2023 Share Share Share Share Our weekly roundup of news from East Asia curates the industry’s most important developments.

A16z proposes a set of licenses especially for NFTs, based on Creative Commons model
The six licensing templates devised by VC firm Andreessen Horowitz are irrevocable and amendable, and give creators the power to set five variables for the future use of their works. 215 Total views 4 Total shares Venture capital firm Andreessen Horowitz (A16z) announced Wednesday that it had devised a set of six licenses tailored to…

Coinbase Q2 earnings beat estimates amid Blackrock custody deal, institutional focus
The company beat estimates while non-trading revenue beat trading revenue. New York-based crypto exchange Coinbase reported revenue in the amount of $708 million in the second quarter of 2023, despite the regulatory issues it's faced in recent months, boosted by a custody deal with Blackrock and institutional focus.The exchange said Q2 net revenue reached $663…

Bitcoin Price Fails to Break Through $11K — Altcoin Bull Run Fizzles
Bitcoin (BTC) price slid from levels near $11,000 Aug. 20 as momentum which sparked bullish sentiment at the start of the week fizzled.Market visualization. Source: Coin360Bitcoin lingers below $11K resistanceData from Coin360 showed BTC/USD abandoning its shot at passing $11,000, having risen from levels near $10,700 on Monday.The pair was trading back at those levels…

Sam Bankman-Fried reveals the circumstances behind Bahamian withdrawals
FTX’s former CEO Sam Bankman-Fried has divulged what really went on in the days before it filed for bankruptcy when the exchange selectively reopened withdrawals — only for Bahamian users. In a telephone interview with crypto blogger Tiffany Fong, dated Nov. 16, Bankman-Fried claims to have made the decision to reopen withdrawals to Bahamian citizens as…