Life comes at you fast. Memecoin cycles… even faster. Such was the gwei on a bloody Thursday in the memecoin trenches. The trend of the day was Changpeng Zhao’s dog. The former Binance CEO said on X that he would tweet its name and photo, knowing full well that the simple act would fuel opportunistic … Read more
Story Protocol launched its intellectual property-focused blockchain and associated IP token on Thursday. The blockchain is positioned as the “world’s intellectual property network,” providing users with a way to register their IP and track how others use it. The aptly named “$IP” token, which Story announced last week, is used for transaction fees and offers … Read more
Nasdaq-listed Zoom Communications (ZM), a stock market high-flyer during the pandemic boom that’s faced tougher times since, should embrace a bitcoin (BTC) strategy to shake up sluggish stock performace and provide value to shareholders, said Eric Semler, chairman of medical technology firm Semler Scientific (SMLR). “Once a pandemic darling, Zoom is now stuck in a … Read more
MetaDAO’s push to revolutionize governance via markets-based decision-making is getting a boost from the creator of its creed: Robin Hanson. The crypto group on Thursday hired Hanson – a George Mason University economics professor who created the notion of futarchy a quarter century ago – as a paid advisor. His addition gives an intellectual and … Read more
The co-founders of Hashflare, a crypto mining ponzi scheme that stole $577 million from hundreds of thousands of investors around the world, both pleaded guilty on Wednesday to conspiracy to commit wire fraud. Sergei Potapenko and Ivan Turõgin, both 40, were arrested in their native Estonia in November 2022 and extradited to the U.S. on … Read more
Last November, the American people clearly spoke. They support President Trump and the agenda he campaigned on: A “Golden Age” in America. A key component of President Trump’s agenda is leveraging the U.S.’s leadership in advanced technology and economic strength for the benefit of all Americans. Nowhere is this renewed focus on using our strengths … Read more
Crypto scammers may have pocketed as much as a record $12.4 billion last year fueled, in part, by growth of so-called pig-butchering schemes, blockchain analytics firm Chainalysis said. Fraudsters’ revenue from such schemes, in which they build up victims’ trust before convincing them to make fraudulent crypto investments and named after the practice of fattening … Read more
This article is part of a four-piece series on El Salvador. You can find the previous dispatch, a story on Bitcoin Berlín, here. Bitcoin City sounds like a modern El Dorado — a dreamlike enclave in the jungle, a 21st century utopia. Announced by El Salvador President Nayib Bukele in 2021, the metropolis will supposedly … Read more
Robinhood (HOOD) shares surged in pre-market activity Thursday after the popular trading app reported fourth-quarter earnings that beat Wall Street estimates driven by a massive jump in crypto revenue. The company reported $358 million in crypto transaction revenue in the quarter, the highest contribution from digital-asset trading to date, Wall Street bank JPMorgan (JPM) said … Read more
Midas, a protocol for issuing yield-bearing tokens backed by U.S. Treasuries and other assets, has introduced Liquid Yield Tokens (LYT) linked to actively managed, decentralized finance (DeFi) funds, starting out with Edge Capital, RE7, and MEV Capital. Late last year, Midas received regulatory approval to issue its basis trade and U.S. Treasuries tokens in Liechtenstein, … Read more