Restaking is growing like crazy… but it could crash and burn
Users are flocking to yield farm restaking protocols, but poor risk management and due diligence is a ticking time bomb.
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US appeals court says SEC exceeded authority with fund rule
The Fifth Circuit found that the regulator overstepped its authority in its new rules affecting hedge funds. Could this ruling be a good sign for crypto?
North Carolina Senate overrides governor veto to pass Fed CBDC ban bill
A Senate veto-busting vote saw 12 Democrats who initially voted for North Carolina’s CBDC banning bill switch to backing Governor Roy Cooper’s veto.
Bitcoin wicks down to $26.5K, but trader eyes chance for ‘bullish surprise’
Bitcoin (BTC) bounced near multiple support trend lines into June 2 as market indecision remained in force.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewTraders bet on $27,500 BTC price ceilingData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $26,519 on Bitstamp after the daily close.The pair showed little signs of trend change…
Bitcoin hodler Elon Musk should sell $23B of Tesla stock, Twitter survey concludes
With just hours to go, the results of a survey Musk says he will "abide by" demand that he sell 10% of his TSLA holdings. 245 Total views 4 Total shares Bitcoin (BTC) fan, Tesla CEO and world's richest man Elon Musk says he will sell 10% of Tesla stock (TSLA) — if Twitter tells…
ETH developer pleads guilty for conspiracy to violate sanctions laws
The plea deal ends a nearly two-year legal battle between Griffith and U.S. prosecutors tied to a presentation the developer gave in Pyongyang. 479 Total views 7 Total shares Ethereum (ETH) developer Virgil Griffith has pleaded guilty to a federal charge that he conspired with North Korea to violate United States sanctions law. On Monday, Griffith…
Private Vs. State-run digital currencies: which could replace the dollar?
Author David Birch says a number of digital assets will arise to challenge the dollar as the dominant world currency. According to David Birch, fintech guru and author of “The Currency Cold War”, if the U.S. doesn’t ramp up its efforts in the digital currency race, the global dominance of the dollar might soon be…
Here’s how multi-leg options allow traders to profit from $2K Ethereum price
This week Ether (ETH) price finally broke through the $2,000 level as aggressive institutional inflow through Grayscale Investments products and declining exchange reserves signaled that buying pressure was increasing.While many traders are skilled at using perpetual futures and the basic margin investing tools available on most exchanges, they may be unaware of additional instruments that…
Dune Analytics opposes $25M Uniswap grant to competitor
The decentralized finance analytics provider said Uniswap grants should be given to community members and not to service providers. 357 Total views 6 Total shares Dune Analytics, a decentralized finance (DeFi) analytics service, has voiced its opposition to a Uniswap (UNI) governance vote for “Community-Enabled Analytics” that would see fellow analytics provider Flipside Crypto managing…