US Attorney behind Sam Bankman-Fried case will resign on Dec. 13
Deputy US Attorney Edward Y. Kim will serve as the acting head for the Southern District of New York until the Senate confirms one of Donald Trump’s nominees.
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Former Polychain GP unveils $125M crypto fund with DAO governance ambitions
The fund will invest in blockchain projects specializing in L1 solutions, privacy technology, DeFi, gaming, NFTs and crypto social. 160 Total views 22 Total shares Former Polychain Capital general partner Tekin Salimi has launched a new blockchain-focused investment fund that will eventually be converted into a founder-owned decentralized autonomous organization (DAO), offering a novel way…

Buying Bitcoin Has Been Profitable 98.2% of the Days Since Creation
Bitcoin (BTC) has been profitable as an investment 98.2% of the days since its creation, data from holdcalc.com as of July 1 indicates.Counting 3830 days back — to January 4, 2009, one day after the coin’s Genesis Block was hashed — holdcalc’s data suggests that on 3671 of these, it was profitable to buy bitcoin…

Crypto company CEO says the recent crypto boom brought increased adoption
Crypto usage in 2021 differs from the 2017 rally, according to the CEO of StormX. 206 Total views 3 Total shares Cryptocurrency has gone through a number of bull and bear cycles since the industry’s inception in 2009. While 2017 saw the crypto industry boom around initial coin offerings and a rising Bitcoin (BTC) price,…

Bitcoin heading to 36K, analysis says amid warning global stocks ‘look expensive’
A cataclysmic breakdown in global equities is not off the table for this year, with a "stagflationary shock" already in the making. 2092 Total views 32 Total shares Bitcoin (BTC) headed lower into the weekly close on March 6 with geopolitical tensions and associated macro weakness firmly in focus.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewCould…

Immutable raises $60M for its carbon-conscious NFT platform
The NFT protocol has now raised a total of $77.5 million across two funding rounds. 479 Total views 5 Total shares Immutable, a layer-two nonfungible token (NFT) protocol built on the Ethereum blockchain, has announced a $60 million Series B funding raise from a multitude of corporate venture firms, including Sam Bankman-Fried’s Alameda Research and…

Coinbase Wallet adds support for Solana
Coinbase has added wallet support for SOL and Solana-based tokens, and has outlined that it will look to support NFTs and dApps on the blockchain in the future too. Top U.S. crypto exchange Coinbase has added wallet support for Solana (SOL) and its ecosystem of Solana tokens (SPL). Coinbase cited the surging interest in Solana…

Agents of Influence: He Who Controls The Blockchain, Controls The Cryptoverse
Nobody is in charge of Ethereum. It suffers from a chronic lack of governance, a lack of structure. And as a result, it is in crisis. That’s one theory, anyway.“Ethereum governance has failed. We are a de facto technocracy, where a small group of technocrats, the core devs, have final say over what goes into the…

Celsius eyes merge of entities as creditors claim distinctions were a ‘sham’
Defunct crypto lender Celsius Network is looking to combine its United Kingdom and United States entities as new court filings allege that any supposed distinction between the two companies was a “sham.”The central point of dispute is focused on a decision made by the crypto lender in June 2021, when Celsius Network Limited (CNL) was…