Facebook’s David Marcus Steps Down From Coinbase’s Board
David Marcus is stepping down from the board of directors at crypto exchange Coinbase, citing his new role at Facebook leading blockchain strategy.
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Transparency for the Whales, Privacy for the Plebs
Depending on your perspective, this week brought a double dose of black pills for those who held out hope of salvaging cryptocurrency users’ privacy – or white pills for those seeking greater transparency for a $1 trillion market.First, Arkham Intelligence, a on-chain data analytics provider, opened an intel bounty marketplace with the express purpose of…
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Ethereum’s Constantinople Upgrade Faces Delay Due to Security Vulnerability
news Ethereum’s long-anticipated Constantinople upgrade has just been delayed after a critical vulnerability was discovered in one of the planned changes. Smart contract audit firm ChainSecurity flagged Tuesday that Ethereum Improvement Proposal (EIP) 1283, if implemented, could provide attackers a loophole in the code to steal user funds. Speaking on a call, ethereum developers, as…
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BlackRock’s Bitcoin ETF First to Reach $2B in AUM
The BlackRock iShares Bitcoin ETF (IBIT) on Friday became the first of the recently launched spot bitcoin products to reach $2 billion in assets under management (AUM). This doesn't include Grayscale's GBTC, which had nearly $30 billion in AUM at the time of its conversion from a closed-end fund to a spot ETF.Investors added about
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MIT Fellow Accuses Facebook of ‘Lifting’ His Ideas for Libra Cryptocurrency
feature Avid students of the literature on monetary innovation might feel deja vu when reading Facebook’s Libra white paper. Several aspects of the social network’s much-ballyhooed global cryptocurrency project uncannily resemble the vision laid out in a paper published last year in the Royal Society’s Open Science publication. For example, the Libra paper described a…
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Blockchain Bites: Why Buy an NFT?
Investors may be realizing the same deflationary market mechanisms that apply to bitcoin’s scarcity creates similar opportunities in NFTs.CryptoPunks(Larva Labs)Feb 17, 2021 at 5:54 p.m. UTCUpdated Feb 17, 2021 at 6:08 p.m. UTCBlockchain Bites: Why Buy an NFT?Digital frictionNonfungible tokens (NFT) are having a moment. In recent weeks, notable investors Mark Cuban and Chamath Palihapitiya…
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Crypto Holders Still Face Issues Reporting Tax Liabilities, Survey of CPAs Finds
Mar 31, 2020 at 13:00 UTCUpdated Mar 31, 2020 at 13:27 UTCThere is still a lack of clarity around how taxpayers should approach their crypto reporting, respondents told Blox and Sovos in a survey. (Credit: Shutterstock)Crypto Holders Still Face Issues Reporting Tax Liabilities, Survey of CPAs FindsCrypto-literate public accountants are concerned their clients might face…
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Violent Reflexivity: Why Market Movements Are More Aggressive Than Ever, Feat. Corey Hoffstein
Sep 23, 2020 at 19:00 UTC((bunhill/iStock via Getty Images Plus))Violent Reflexivity: Why Market Movements Are More Aggressive Than Ever, Feat. Corey HoffsteinHow the Fed and the rise of passive investing and volatility strategies have combined to make market movements faster and more severe.For more episodes and free early access before our regular 3 p.m. Eastern time releases,…
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Dogecoin Rockets 48% as Traders Target $1 Price Next
The memecoin led gains among crypto majors, outperforming the other top 100 tokens. The jump led to crypto traders losing over $68 million on DOGE-tracked futures. 02:38 'High Likelihood' Cardano Founder Charles Hoskinson Will Become Trump's Crypto Advisor 01:42 Bitcoin Hits New $76K Record High, ETFs Post $620M Inflows 02:41 Bitcoin's New All-Time High; U.S.