Paradigm taps ZachXBT as adviser
The cybersecurity influencer will continue to publish onchain exploit investigations as before.
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Top 5 Cryptocurrencies to Watch This Week: BTC, LINK, ATOM, XLM, BNB
At various points throughout 2020 Bitcoin (BTC) was correlated with gold. During these phases BTC was acting as an uncorrelated asset, but now it has become highly correlated to the S&P 500.This suggests that the top-ranked cryptocurrency on CoinMarketCap has been finding acceptance among various groups of traditional investors during different stages of the current…

New rules could permit Korean gov’t to seize tax evaders’ crypto
South Korea examines ways to expand its tax base, with proposals to strengthen the government’s ability to seize tax evaders’ crypto assets directly from their personal wallets. 498 Total views 4 Total shares South Korean legislators propose to revise tax codes so that tax authorities would be able to confiscate tax evaders’ crypto assets directly…

Tools of Humanity delays unlock of 80% of WDL tokens
Originally set to unlock over three years, the tokens will now become accessible for early contributors and investors over five years, beginning on July 24, 2024.

Novogratz’ Galaxy Digital Continues Losing Streak in 2019, Posts $33M Q4 Loss
Galaxy Digital, a major cryptocurrency investment bank founded by ex-Goldman Sachs partner, Mike Novogratz, continued its 2018 trend by posting another net loss in Q4 of 2019.According to an official April 8 announcement, the company suffered a net loss of more than $32.9 million in Q4, with the company outlining “realized loss on digital assets”…

Gov’t of Brazil to Consider Bill Requiring Public Administration to Promote Blockchain
The Brazilian government will consider a draft bill that requires all units of local public administrations to promote new technologies such as blockchain, Cointelegraph Brazil reports on June 11.The new bill, PL 3443/2019, was filed by a group of ten federal officials from different political parties and states with the lower house of the National…

Peter McCormack’s Real Bedford Football Club puts Bitcoin on the map
Buying a small-town soccer club with the aim to propel it into the Premier League — the world’s most popular football league — is a script suitable for a Netflix series. In fact, actor Ryan Reynold’s bid to revitalize lower-league Welsh soccer team Wrexham FC has already caught the attention of Disney+ writers. It’s a…

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.

Franklin Templeton CEO says all ETFs and mutual funds will be on blockchain
She also warned that generative artificial intelligence was like the “kid that got an ‘F’ in math.”