State Street, Galaxy launch 3 new crypto ETFs
The funds aim to capitalize on Web3 by tracking a mix of stocks, spot cryptocurrencies and futures.
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DAOs can solve important dilemmas but more education is required
Decentralized autonomous organizations (DAO) have been a contentious issue in the blockchain and cryptocurrency world for a while now. From their early days as seen in the case of the Slock.it the German startup that brought about The DAO, to current iterations, DAOs have the potential to make or break the crypto and decentralized finance (DeFi)…
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SBF maintains his innocence as he trades rice in jail
FTX co-founder Sam Bankman-Fried gave his first in-person media interview since being locked up, saying he’s gotten “good at faking” that he’s doing well.
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Finance Redefined: Uniswap V3 is here, but was it worth the wait? March 17–24
Finance Redefined is Cointelegraph's weekly DeFi-centric newsletter, delivered to subscribers every Wednesday.Uniswap V3 was publicly announced yesterday and I didn’t really get a chance to write about it, so I wanted to dedicate this newsletter to a review of V3 and the AMM space in general.My initial reaction to Uniswap V3 in one, brutally honest…
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Would a US wealth tax push millionaires to Bitcoin adoption?
Levying a progressive tax on the ultra-wealthy has been a talking point long popular with many United States Democrats, yet such a policy would have been unimaginable under a Republican administration and a split Congress.Now that the Democratic Party is back in control of both the White House and Capitol Hill, the initiative is formally…
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What is the real potential of The Open Network (TON)?
In Cointelegraph’s latest video, we break down the rise, recent challenges and future potential of The Open Network (TON).
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Transnational Cybercrime Group Co-Founder Who Amassed $568M Pleads Guilty
A Russian national behind the cybercriminal enterprise Infraud Organization has pleaded guilty on June 26 to racketeering conspiracy, due to his role as a co-founder and admin of the dark web-based carding portal which generated profits over $568 million.According to the announcement made by the U.S. Department of Justice, or DOJ, 33-year-old Sergey Medvedev, also…
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This Exchange Crashed Bitcoin Price to $9K: Here’s Why That’s Bullish
According to data from CoinMetrics, a sell-off on Bitstamp led the market-wide plunge of Bitcoin (BTC). The top cryptocurrency by market capitalization dropped $150 within seconds on the exchange, well below the average market price at the time.Researchers at CoinMetrics said:“Today's market drop was led by trade activity on Bitstamp, where Bitcoin's price dropped $150…
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Tornado Cash governance control set to be restored as token votes approve proposal
A total of 517,000 token votes were in favor of the proposal, with none opposing it. 28 Total views 1 Total shares The governance token holders of Tornado Cash will soon regain control over the protocol's operations, thanks to an unexpected proposal put forth by the individual responsible for the attack. This development allows the…