US Bitcoin miners silent in face of Kerrisdale ‘snake oil’ claims
U.S. Bitcoin miners have remained tight-lipped following a recently released Kerrisdale Capital report criticizing the industry.
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Hodler’s Digest, May 27–June 2: Top Stories, Price Movements, Quotes and FUD of the Week
Coming every week, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link.Top Stories This WeekKik Launches $5 Million Crypto Funding Campaign for Lawsuit Against U.S.…

Germany’s financial regulator orders Coinbase to address ‘business organization’ practices
In effect since Oct. 27, BaFin’s order referred to Coinbase’s Germany arm outsourcing some operations “essential for conducting banking business or providing financial services.” 168 Total views 2 Total shares The Federal Financial Supervisory Authority of Germany, also known as BaFin, has issued an order related to the business organization of Coinbase’s local arm in…

Binance founder should be jailed for 36 months, US prosecutors say
Binance founder and former CEO Changpeng Zhao is expected to be sentenced on April 30 after pleading guilty to money laundering in November 2023.

Bitcoin ‘still in early innings’ at $100K — ARK’s Cathie Wood
Bitcoin became a $2 trillion asset in less than 16 years, while companies like Apple and Amazon took 42 and 29 years, respectively, to reach that value.

Bitcoin May Be the Solution to Africa’s Broken Financial System
A recent report suggests that the lack of traditional financial infrastructure makes Africa a place where cryptocurrency adoption is likely.The report — shared with Cointelegraph by a Luno representative on May 27 — sheds light on Africa’s financial infrastructure and the role that cryptocurrencies play in it.The author of the research, which was jointly conducted…

BTC-e operator to be released as part of US-Russia prisoner swap: WSJ
Schoolteacher Marc Fogel returned to the US on Feb. 11 as part of a deal with Russian authorities that will reportedly include the release of Alexander Vinnik.

Tezos transactions and smart contract activity surge on NFT demand
Smart contract activity in the Tezos ecosystem has surged over the past year as it becomes a magnet for NFT activity. 333 Total views 39 Total shares The Tezos network has seen impressive growth over the past 12 months in smart contract addresses and general adoption, primarily driven by non-fungible tokens (NFTs).Activity within the Proof-of-Stake…

Decentralized Finance, Explained
1. I’ve never heard of this before. What is it? Decentralized finance (known as DeFi, for short) essentially involves a brand-new monetary system being built on public blockchains. You may know Bitcoin and Ethereum as cryptocurrencies, but in fact they are vast, open-source networks that allow anyone to create applications that enable financial activity to…