NEWS

October 15, 2024

Ethena’s Governance Token ENA Soars 60% Over Last 7 Days

Two recent updates—one involving SOL as a potential backing asset for USDe and the other about a large planned investment in real-word asset products—appear to be behind the rise. 

PODCASTS

2 Crypto Investors on Why They Believe DeFi Is Poised for a Bull Run

Episode #719 | October 15, 2024

2 Crypto Investors on Why They Believe DeFi Is Poised for a Bull Run

DeFi tokens have lagged in this cycle. Is that trend over? Investors Arthur Cheong and Jordi Alexander say yes.

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Latest Podcasts

Episode #718 | October 11, 2024

FTX’s Ryan Salame Is Going to Prison. Here’s What He Has to Say

As former FTX executive Ryan Salame heads to prison, he blames Alameda’s lawyers, says prosecutors misled his attorneys, and explains why he thinks Caroline Ellison is at least as guilty as Sam Bankman-Fried.

Episode #717 | October 10, 2024

The Chopping Block w/ Stani Kulechov: Operation Chokepoint 2.0, Ethereum Innovation Push, & Polymarket Whales

Episode #716 | October 9, 2024

Bits + Bips: Why ‘All Assets Will Go Up’ in the Near Future

Episode #715 | October 8, 2024

How North Koreans Infiltrated the Crypto Industry to Fund the Regime

Episode #714 | October 6, 2024

The Chopping Block: EigenLayer Launch, Celestia Controversy, and Ethereum’s Future

Episode #713 | October 4, 2024

Bitcoin’s Price Dropped After Iran’s Attack on Israel. Is ‘Uptober’ Canceled?

Episode #712 | October 1, 2024

Could Bittensor End Up Being the Only Crypto/AI Project That Matters?

Episode #711 | September 27, 2024

Why Bitcoin ETF Options Could Unlock Massive Amounts of Capital for Crypto

Episode #710 | September 26, 2024

Bits + Bips: Why Bitcoin Is a Leveraged Bet on Global Liquidity

Press Release

July 31, 2024

UBD Network Introduces DeTrust wallet for Enhanced Teamwork and Asset Protection

UBD Network, a professional multi-signature platform and self-managed crypto asset wallet, introduces DeTrusts as a simplified, secure, and decentralized alternative to traditional trusts for digital asset management, team collaboration, and inheritance transfer.

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Bitcoin

October 15, 2024

Bitcoin Rallies to $66,000 as Daily Net Purchases Top $1 Billion

Bitcoin rallied past $66,000 on Monday, liquidating $56 million short positions in the asset.

October 11, 2024

$188 Million Liquidated Across Crypto Exchanges as Bitcoin Dips Below $59,000

More than $150 million worth of long crypto positions were liquidated over the last 24 hours.

October 9, 2024

WBTC Completes Shift to Multi-Jurisdiction Custody Model

Wrapped Bitcoin has completed the move to a new custody setup which splits control of the assets between the U.S., Singapore and Hong Kong.

October 9, 2024

Bitcoin Staking Protocol Babylon Draws from LSTs and WBTC to Attract $1.5 Billion in Deposits

Liquid staking token providers are using WBTC directly for BTC staking in Babylon, while other stakers are unwrapping WBTC to participate.

Business

October 15, 2024

Tether Explores Lending to Commodity Traders: Report

Tether is reportedly in the early stages of discussing U.S. dollar lending opportunities with commodities traders.

October 11, 2024

FTX’s Ryan Salame Challenges His Own Guilty Plea: Did He Lie to the Court?

Salame, who started his 7.5-year prison sentence Friday, accused prosecutors of lying to his lawyers, said Caroline Ellison is as culpable as Sam Bankman-Fried, and claimed he wasn’t guilty of the charges to which he pleaded guilty.

October 11, 2024

FTX’s Ryan Salame Is Going to Prison. Here’s What He Has to Say

As former FTX executive Ryan Salame heads to prison, he blames Alameda’s lawyers, says prosecutors misled his attorneys, and explains why he thinks Caroline Ellison is at least as guilty as Sam Bankman-Fried.

October 10, 2024

Uniswap’s UNI Token Jumps 14% as Announcement About New L2 Leaks Ahead of Time

A tweet roughly eight hours ahead of the official announcement strongly implied that the news was coming. 

DeFi

October 15, 2024

Ethena’s Governance Token ENA Soars 60% Over Last 7 Days

Two recent updates—one involving SOL as a potential backing asset for USDe and the other about a large planned investment in real-word asset products—appear to be behind the rise. 

October 15, 2024

Donald Trump-Backed World Liberty Financial Raises More Than $8 Million in Initial Token Sale

The amount is a far cry from the $300 million the DeFi project is reportedly looking to raise in this initial sale, however. 

 

October 15, 2024

2 Crypto Investors on Why They Believe DeFi Is Poised for a Bull Run

DeFi tokens have lagged in this cycle. Is that trend over? Investors Arthur Cheong and Jordi Alexander say yes.

October 14, 2024

Ethena Labs Proposes Onboarding SOL as Backing Asset to USDe

Ethena Labs proposed bringing SOL, and liquid staking options like bbSOL and BNSOL, as a backing asset to USDe, with the same hedging mechanism used for BTC and ETH perpetual futures.

Ethereum

October 14, 2024

Ethereum Validators Could Lose Millions From Uniswap Fees After L2 Launch: The DeFi Report

Unichain could redistribute millions of dollars in value to Uniswap Labs and UNI token holders, claims The DeFi Report’s Michael Nadeau. Not everyone is convinced that liquidity on the layer 1 will migrate.

October 10, 2024

The Chopping Block w/ Stani Kulechov: Operation Chokepoint 2.0, Ethereum Innovation Push, & Polymarket Whales

Operation Chokepoint 2.0, Ethereum Innovation Push, & Polymarket Whales (feat. Stani Kulechov)

October 8, 2024

Scroll Community Criticizes SCR Token Launch Plan for Favoring Binance Whales

The Ethereum-based Layer-2 protocol announced that it’s allocating 5.5% of its token supply to the Binance launchpool.

October 7, 2024

Will Ethereum’s Base Layer Ever Have High Fees Again?

Ethereum’s base layer fees have dropped significantly due to Layer 2 scaling solutions, but could high fees ever return?

NFTs

August 28, 2024

OpenSea’s Wells Notice From the SEC Could Prove ‘Disastrous’

The SEC is planning to recommend action against the second-largest NFT marketplace for selling unregistered securities. 

August 2, 2024

Weekly Recap: Tether’s Record Profit, NFT Lawsuit

This week in crypto: The rise of Pump.Fun’s revenue, California DMV’s blockchain initiative, BitClout founder charged, and more!

July 29, 2024

Are NFTs Securities Offerings? Two Artists Sue the SEC to Find Out

 ‘Song-A-Day’ Man artist Jonathan Mann and Law Professor Brian Frye have sued the SEC to help provide regulatory clarity for digital artists who use blockchain technology and NFTs.

June 20, 2024

Has the Market Decided NFTs Aren’t Worth Millions of Dollars Anymore?

CryptoPunks and Bored Ape Yacht Club are reaching multi-year lows in floor price amidst a broader NFT downturn. However, Milady Maker and Pudgy Penguins are exceptions to the ongoing trend.

Regulation

October 15, 2024

Donald Trump-Backed World Liberty Financial Raises More Than $8 Million in Initial Token Sale

The amount is a far cry from the $300 million the DeFi project is reportedly looking to raise in this initial sale, however. 

 

October 8, 2024

Regulators Are Limiting Banks Serving Crypto Clients. Does That Violate the Law?

If the Federal Reserve and FDIC are imposing an undisclosed rule, they may be in breach of the Administrative Procedure Act. 

October 7, 2024

FTX’s Multi Billion-Dollar Distribution Plan Is Approved. Here’s How It Will Impact the Crypto Market

FTX creditors will soon start to receive as much as $16.5 billion in distributions now that the bankrupt crypto exchange’s reorganization plan has been approved. But that doesn’t mean all this money will immediately flow back into the crypto markets. 

October 4, 2024

Weekly Recap: SEC Appeals on Ripple Case, Bitwise XRP ETF, and More

This week in crypto: North Korean IT workers infiltrating the industry, EigenLayer’s token launch, FTX’s bankruptcy plan face criticism, and more!

Tech

October 10, 2024

Uniswap Labs Announces New Unichain Layer 2 to Improve the Fragmented DeFi Experience

Unichain, intended to offer faster and cheaper transactions, unifies the experience cross chain and was made in collaboration with Flashbots, a firm known for its research in maximal extractable value.

October 4, 2024

Crypto Twitter Spars Over How to Assess Oracles: Is Total Value Secured Better?

While total value secured has been the primary metric to track oracle adoption, a Blockworks Research report funded by oracle provider Pyth suggests total transacted value as a better metric, which would place Pyth above its rival Chainlink.

October 2, 2024

DEGEN, a Memecoin on Coinbase-Incubated Base, Jumps Over 125% Amid Upcoming Listing

Since Coinbase announced it added DEGEN to its listing roadmap, the token has seen its market cap surpass $160 million.

October 1, 2024

Could Bittensor End Up Being the Only Crypto/AI Project That Matters?

Bittensor, a decentralized AI project, is gaining attention as one of the most promising intersections of AI and crypto.

In Case You Missed it

The Chopping Block w/ Stani Kulechov: Operation Chokepoint 2.0, Ethereum Innovation Push, & Polymarket Whales

Episode #717 | October 10, 2024

The Chopping Block w/ Stani Kulechov: Operation Chokepoint 2.0, Ethereum Innovation Push, & Polymarket Whales

Operation Chokepoint 2.0, Ethereum Innovation Push, & Polymarket Whales (feat. Stani Kulechov)

The Chopping Block: EigenLayer Launch, Celestia Controversy, and Ethereum’s Future

For Beginners

wbtc alternatives

September 16, 2024

Top Wrapped Bitcoin (WBTC) Alternatives You Should Know About

Several WBTC alternatives have emerged to bring Bitcoin liquidity to DeFi ecosystems across the cryptoverse. Discover the most prominent ones in this guide.

based rollups

July 3, 2024

What Are Based Rollups and How Do They Work?

Based rollups are an exciting new addition to rollup scaling solutions.

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