When pizza became the unsung hero of Bitcoin’s history: A cheesy celebration
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Bitcoin’s compound annual growth is ‘an unheard-of’ 200% CAGR
Bitcoin (BTC) has delivered returns which are “unheard of” in history and ultimately leaves Tesla stock in the dust. That’s according to fresh data from on-chain monitoring resource CaseBitcoin, which this week delved into Bitcoin’s astonishing compound annual growth rate (CAGR).BTC hodling: 10 years, 5,200,000% returnsA familiar phrase among crypto and traditional investors alike, CAGR is…
Uniswap CEO weighs In on ethical token distribution
The Uniswap CEO strongly disapproved of low float tokens, considering them malicious and his biggest pet peeve.
Canada’s Largest Bank Refutes Rumors About It Launching Crypto Exchange
The Royal Bank of Canada (RBC) — the largest bank in Canada with $499 billion in assets under management — will not launch its own digital currency trading platform, contrary to previously published news.Last week, rumors that the RBC was exploring the possibility of launching its own cryptocurrency exchange began circulating the internet on a…
Let First Republic and Credit Suisse burn
When crypto markets took a hit after the collapse of FTX and other crypto lenders last year, some crypto critics repeated the mantra, “Let crypto burn.” Now, it’s big banks that are faltering — including Credit Suisse and First Republic — after regional banks, including Signature Bank and Silicon Valley Bank, sparked a cascade. As…
Illuvium DAO blocks NFT pack-opening event involving 3AC founder Su Zhu
Illuvium council member Deraji pointed out that the community made their stand and highlighted that the event risks the reputation that the DAO worked hard to build. 662 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe community supporting Illuvium, an interoperable blockchain game, has demonstrated the power…
US Senate wants companies to report investments in Chinese technologies
The Senate overwhelmingly supported legislation requiring U.S. companies to report any outbound investments into Chinese technologies. 132 Total views 1 Total shares On July 25, the United States Senate backed bipartisan legislation mandating U.S. companies to report any investments in Chinese technologies. In an overwhelming vote of 91 to 6, the Senate supported the amendment to…
Crypto investor Sequoia Capital China reportedly raises $9 billion
Sequoia China is known for backing many crypto firms, including the troubled crypto lender Babel Finance, which halted withdrawals in mid-June. 625 Total views 14 Total shares Sequoia Capital China, the Chinese affiliate of cryptocurrency-friendly venture capital firm Sequoia Capital, is about to raise $9 billion for its four new funds focused on Chinese startups.In…
Microsoft quietly closing down Azure blockchain in September
Microsoft is closing its Azure Blockchain Service, giving existing customers just four months to transition to new service providers. 3976 Total views 23 Total shares Microsoft is turning off its corporate Azure Blockchain Service on September 10 and will not accept any new deployments effective immediately, with no official explanation provided.Large corporate customers who use…