Cryptocurrency Analysis and News Portal
A Parisian cocoa trader told Sam Bankman-Fried’s trial jury that pricey ads and FTX’s confident CEO helped convince him the crypto exchange was a safe place to deposit over $100,000 so he could trade cryptocurrencies – but he never expected that anyone but him would touch his funds, kicking off
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Base, Coinbase’s new layer-2 blockchain network, was built to enhance Ethereum’s capacity for decentralized applications, improve user interfaces, and reduce transaction costs. Let’s explore how it works, its implications, and its challenges. On Aug. 9, Coinbase, a leading player in the cryptocurrency market, launched its Base layer-2 blockchain network. Far from a
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We’re finally here: Consensus 2023. The team has packed it full of policy-related sessions. We’ll hear discussions ranging from global regulatory policy around crypto to how industry and lawmakers alike are approaching the question of privacy and privacy tool usage in crypto. I’m landing in Austin, Texas, today (Tuesday) –
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India launched two CBDC pilots last year. The first, a wholesale CBDC effort (CBDC-W), began on Nov. 1 with the participation of nine banks. The other, a retail CBDC (CBDC-R) pilot, launched on Dec. 1 in four cities – Mumbai, New Delhi, Bengaluru and Bhubaneswar. Initially, four banks, including the
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Our federal securities laws are built around a fundamental premise – that behind every security, there lies an issuer. Because crypto assets like ETH, AVAX, ADA, DOGE and SOL do not create a legal relationship with any entity, the first task would be to determine which legal entity to treat
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The U.S. Securities and Exchange Commission rejected more spot bitcoin exchange-traded fund applications. It’s worth unpacking the agency’s reasoning, even as new applications are filed. Source
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“Consumers who continue to buy homes and cars despite substantial price increases are not suffering from inflation, they are (in part) a driver of inflation,” he wrote. “Pre-pandemic, consumers spent 38.7% on goods, but a whopping 61.3% on services. In 2020, the demand for goods rose 20% globally, but production
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When you send a Bitcoin transaction currently, it goes a little something like this: You acquire an address from your recipient, you pick out which unspent transaction outputs (or UTXOs, what the cool folks call “coins”) you want to send, and you sign a transaction with your private key that
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This episode is sponsored by Nexo, Abra and FTX US.Download this episodeOn today’s episode, NLW looks at a proposal moving through Arizona’s state Senate to make bitcoin legal tender. He explores:The specifics of the Arizona proposalThe controversial author of the billA pro-bitcoin battle in the Texas gubernatorial raceIncreasing partisan tension
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