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“Instead of paying out my vested tokens in December 2021, I converted my vested portion of tokens to USD at the OTC price and Secret Foundation distributed these funds as a dividend,” Bair wrote. OTC stands for over-the-counter, referring to the off-exchange market price. “The amount of tokens vested was
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The recent launch of a nonfungible token (NFT) protocol on the Bitcoin mainnet has the crypto community divided over whether it’ll be good for the Bitcoin ecosystem. The protocol, referred to as “Ordinals,” was created by software engineer Casey Rodarmor, who officially launched the program on the Bitcoin mainnet following a
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As the crypto lender Genesis Global Trading filed for Chapter 11 bankruptcy protection in New York, members of the crypto community went on social media to express their thoughts on the matter. From believing that no one will be held accountable to labeling the entire crypto lending concept as “stupid,” community members
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The World Economic Forum's annual meeting wrapped up with a fiery panel on the role of regulators in crypto, plus more from Davos, Switzerland. Source
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In his latest blog post released on Jan. 19, Arthur Hayes, the former CEO of BitMEX exchange predicted a “global financial meltdown” thanks to future United States economic woes.Hayes: Crypto will "get smoked" in Fed pivotBitcoin’s current rally should likely not be taken as the start of a new bull
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The prolonged crypto winter aided by the collapse of FTX has kept investors from backing a new protocol that merges DeFi and the foreign exchange
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"For four years, under my leadership as Chairwoman, the Committee on Financial Services has led the way in examining and investigating the cryptocurrency marketplace. This includes the Committee’s formation of Congress’ first-ever Task Forces on Financial Technology and Artificial Intelligence, along with the working group on digital assets. In addition,
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Bitcoin (BTC) lingered lower on Nov. 3 as the aftermath of the Federal Reserve interest rate hike subsided.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrading range forms with $20,000 at centerData from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering just above $20,000 on the day.The pair had seen flash volatility
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Names like “BabyDogeTwitter,” “dogenaldtrump,” “SpaceTwitterDoge,” and “ElonDogeTwit,” populated the two blockchains after Musk tweeted an image of a Shiba Inu dog wearing a Twitter T-shirt in front of a classic Halloween pumpkin with the social media platform’s bird logo etched on the side of it. Original Source
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The price of Bitcoin Cash (BCH) has sparked a glimpse of hope against Tether (USDT) as it attempts to flip key resistance with eyes set on $200. The price of Bitcoin Cash in recent weeks has been more gloomy as many altcoins rallied and produced gains of double digits while
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