Flashbots, a leading research group focused on MEV (Maximal Extractable Value), has issued a new warning that spam from MEV bots is quickly becoming the main barrier to blockchain scalability. In a thesis published this week, Flashbots said that “MEV has become the dominant limit to scaling blockchains,” pointing to rising inefficiencies across Ethereum rollups […]
Nasdaq-listed crypto exchange Coinbase is pushing the U.S. Securities and Exchange Commission (SEC) for permission to offer blockchain-based stocks, otherwise known as “tokenized equities,” to its customers, according to a Reuters report. Should the SEC grant approval, this development would allow Coinbase to provide equity trading services through blockchain and distributed ledger technology (DLT), positioning
Coinbase Pushes SEC for Permission to Trade Blockchain-Based Stocks: Reuters Read More »
Binance continues to assert itself as the top exchange for altcoin trading, leading the market in altcoin deposit activity, according to a new report from on-chain analytics firm CryptoQuant. Binance leads crypto inflows. During the Nov–Dec rally, it saw 59K altcoin deposit txs/day vs. 26K on Coinbase. This week: 384K USDT txs on TRON, more
Binance Leads in Altcoin and Stablecoin Deposits Across ETH and TRON: CryptoQuant Read More »
ARK Invest has begun cashing in on its stake in stablecoin issuer Circle just 11 days after the company’s debut on the New York Stock Exchange. The firm, led by well-known Bitcoin supporter Cathie Wood, sold 342,658 shares of Circle (CRCL) on Monday, according to a trade disclosure. The transaction was valued at roughly $51.7
ARK Invest Sells $52M in Circle Shares Just 11 Days After IPO—Profit-Taking or Red Flag? Read More »
Chinese popular Infini Card, a crypto-enabled debit card solution, has announced that it has officially suspended its card services. On Tuesday, the platform told its users on Telegram that it is focusing on financial management, to maintain user trust and adapt to compliance standards. The pivot underscores the challenges of operating in China’s regulated crypto
Infini Crypto Card Officially Closes, Pivots to Financial Management Read More »
The long-running courtroom saga between Ripple and the US Securities and Exchange Commission has hit another pause, as both parties asked the Second Circuit Court of Appeals to keep the case on hold. In a joint status report filed on June 16, the SEC confirmed that a settlement has been signed but still hinges on
Ripple v. SEC Stalls Again as Appeal Put on Hold — Here’s What’s Holding It Up Read More »
The Brazilian lawmaker Eros Biondini has created a draft bill that proposes doing away with crypto tax, particularly in the case of citizens who hold Bitcoin (BTC) as a long-term store of value. The MP has filed his bill in the Chamber of Deputies, the Portuguese-language media outlet Livecoins reported. Brazilian Crypto Tax: Could Levies
Brazilian Lawmaker Proposes Scrapping Crypto Tax for Long-term Investors Read More »
A new musical about Luigi Mangione featuring disgraced FTX founder Sam Bankman-Fried debuted in San Francisco this past weekend, less than one year after the killing of UnitedHealthcare CEO Brian Thompson. SBF, Diddy & Luigi Characters Take Center Stage Directed by Nora Bradford, “Luigi: The Musical” bills itself as a “part comedy and part social
Satirical Luigi Mangione Musical Featuring Sam Bankman-Fried Debuts In San Francisco Read More »
Key Takeaways: Trump Media & Technology Group has filed to launch a Bitcoin and Ethereum ETF, with Crypto.com as custodian and Yorkville America Digital as sponsor. The ETF will allocate 75% to Bitcoin and 25% to Ethereum, pending SEC approval. The Trump Organization announced a $499 smartphone and mobile service under the “Trump Mobile” brand.
Crypto exchange Coinbase is facing backlash for sponsoring U.S. President Donald Trump’s controversial military parade in Washington, D.C. on Saturday, June 14. Coinbase Sponsorship Sparks Military Controversy Social media was flooded with videos and images of Coinbase’s sponsorship at the event, which was intended to mark the U.S. Army’s 250th anniversary and coincided with Trump’s
Coinbase Sponsorship of Trump’s Army Parade Triggers Nationwide Backlash and Sell-Offs Read More »
