Ethena team accused of misusing 180M ENA tokens to farm Sats
Ethena Labs faces scrutiny after allegations of unfairly staking 180 million ENA tokens in its crypto farming event.
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Buy or hodl, says investor Raoul Pal as Bitcoin price chart hints at ‘falling wedge’
Raoul Pal wants Bitcoin (BTC) investors to mobilize their trades against Elon Musk. The macro investment strategist advised traders to either accumulate or preserve their Bitcoin holdings just as the flagship cryptocurrency suffered massive declines over the weekend and at the beginning of this week.Bitcoin drops by 16.92% over the weekend and Monday. Source: TradingviewIn retrospect,…

Coinbase hires former Facebook exec as chief marketing officer
The new executive said she hopes to "introduce millions more people to the benefits of crypto." 123 Total views 12 Total shares Kate Rouch will be joining major cryptocurrency exchange Coinbase after more than 11 years in various positions at Facebook. In a Thursday blog post, Coinbase chief operating officer Emilie Choi said the company had…

Former CFTC brass joins Andreessen Horowitz as an advisor
The company has brought former United States CFTC commissioner Brian Quintenz aboard its operation. 177 Total views 26 Total shares Crypto regulation has become an increasingly relevant topic over the past several years. To address these legal ins and outs amid the ever-changing regulatory waters, VC firm Andreessen Horowitz has called upon a previous leader…

SEC lawsuit claims jurisdiction as ETH nodes are ‘clustered’ in the US
The SEC argues that as ETH validators are concentrated more densely in the United States, ETH transactions are seen as taking place in the country. 253 Total views 24 Total shares The Securities Exchange Commission (SEC) has made an unprecedented claim that Ethereum transactions take place in the United States as ETH nodes are “clustered…

Inside the blockchain developer’s mind: Proof-of-burn blockchain consensus
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In previous parts, Andrew Levine of Koinos Group discussed some of the challenges the team has faced since identifying the key issues they intend to solve, and outlined three of the…

Mt. Gox-labeled wallets move billions in Bitcoin amid hopes of payback
Billions in Bitcoin reportedly belonging to collapsed crypto exchange Mt. Gox has moved to an unknown wallet.

Digital yuan app adds prepaid Mastercard Visa top-ups for tourists
The e-CNY app now allows tourists to top-up their wallets using Mastercard and Visa payments with a “recharge first and use later” option. 343 Total views 1 Total shares Tourists planning to visit the People’s Republic of China can now pre-charge their digital yuan wallets using Visa and Mastercard payment options as the nation continues

Denmark orders Saxo Bank to erase cryptocurrency holdings
Financial regulators in Denmark are coming after cryptocurrency service providers, declaring that local banks are not allowed to hold cryptocurrency to hedge against trading risks.On July 4, the Danish Financial Supervisory Authority (DFSA) officially ordered the local investment bank Saxo bank to dispose of its own holdings in crypto.The regulator said that Saxo Bank’s crypto…