Bitcoin
Bitcoin slipped under the crucial $60,000 price level late on Thursday, as risk assets sold off on news of Israel launching an attack on Iran.
Business
Tether will reorganize into four business divisions that will service areas from strategic investments to sustainable Bitcoin mining.
Regulation
An acquittal of Mango Markets’ exploiter Avraham “Avi” Eisenberg could have opened the door for more exploitations of DeFi smart contracts.
Cypherpunks don’t have to love centralized, censorable dollar tokens. But make no mistake—trusted stablecoins would be incredibly bullish for real crypto.
Binance has converted the entirety of its emergency insurance fund for users into USDC to “enhance its reliability.”
The World Chain network will prioritize transactions generated by verified humans over those created by automated bots and also give these addresses an allowance of some free gas.
Though inflows have cooled, volumes across bitcoin ETFs have continued to rise.
DeFi
The Parcl airdrop could serve as a cautionary tale for crypto projects planning token launches in unstable markets.
Ethereum has typically led all blockchain networks by fees generated, but Bitcoin has recently been challenging Ethereum’s dominance due to the popularity of Ordinals and BRC-20 tokens.
The vastly different—and mutually exclusive—conclusions that the SEC, CFTC, and DOJ have come to about MNGO have exacted a real cost on the growth of the U.S. crypto industry.
