TradFi stablecoins will find it hard to win market share — Bitwise CIO

Reli3f, a humanitarian initiative birthed upon the innate artistic commitment to narrate stories in times of hardship, launched their second nonfungible token (NFT) collection Thursday, raising over $300,000 for recognized Ukrainian charities and taking their total to over $1.5 million.Founded by several esteemed Web3 entrepreneurs — Satvik Sethi, Andrew Wang, Giovanni Gussen, Aleksandra Artamonovskaja, Raskalov, and…

Solana’s new Seeker device will be a “rewards magnet” like the Saga, but it’s not just a “memecoin phone,” says Solana Labs General Manager Emmett Hollyer. 

On the sidelines of the G20 meeting in India, IMF managing director Kristalina Georgieva said the agency would prefer to regulate crypto than an outright ban. 44 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe International Monetary Fund would prefer to differentiate and regulate crypto assets rather…

The account that paid $500,000 to move $2,000 worth of Bitcoin was a Paxos server, the company stated. 650 Total views 20 Total shares The account that overpaid $500,000 in fees on Sept. 10 for a Bitcoin transfer belonged to Paxos, according to a Sept. 13 statement from the company. Paxos claimed that end users

The past eighty days have been moderately bearish for cryptocurrencies as the altcoin market capitalization declined by 16%. The downside movement can be partially explained by the U.S. Federal Reserve’s quantitative tightening, rising interest rates and the halting of asset purchases. Although they are aimed at curbing inflationary pressure, the policy also increases borrowing costs…

TRM Labs estimates that North Korean hackers have stolen $200 million of cryptocurrency in 2023 alone. 295 Total views 1 Total shares North Korean hackers continue to threaten the broader cryptocurrency ecosystem, having stolen an estimated $2 billion of crypto over the past five years.Blockchain intelligence firm TRM Labs released its latest deep dive into…

MetaMask stated its security team is working with others in the Web3 wallet space to uncover the source of this exploit. 278 Total views 3 Total shares Own this piece of history Collect this article as an NFTCryptocurrency wallet provider MetaMask has denied claims that an exploit of its wallet is the cause of a…

The U.S. Securities and Exchange Commission (SEC) has launched the agency’s Strategic Hub for Innovation and Financial Technology (FinHub), according to an official announcement published Oct. 18.The FinHub will be run by Valerie A. Szczepanik, Senior Advisor for Digital Assets and Innovation and Associate Director in the SEC's Division of Corporation Finance. The hub aims…

Saturday, July 13 — Most of the top 20 cryptocurrencies are reporting losses on the day by press time, as Bitcoin (BTC) fell below the $11,450 mark again.Market visualization courtesy of Coin360Bitcoin is currently down by over 1% on the day, trading at around $11,430 at press time, according to Coin360. Looking at its weekly…