This week was a crazy one in US politics, which had all kinds of implications for crypto markets, it turns out. Maybe the biggest winner amid all the turbulence is Polymarket, the prediction market that’s become the leading one in crypto following a $45 million Series B round led by Founders Fund in May. According
Bitcoin hit a one-month high price, surging 5.5% over the past 24 hours. Solana rose 8%, topping $170 for the first time since early June. Crypto observers highlight the resiliency of decentralized blockchains as a malfunctioning software update caused worldwide disruptions in IT systems. The crypto rally resumed on Friday with bitcoin (BTC) notching its
Ethereum core developers continue to grapple with the scope of the forthcoming Pectra upgrade, specifically the inclusion of EIPs related to the EVM Object Format (EOF). Thursday’s All-Core Devs call was dominated by debate over the feature set due to concerns raised by Geth developer Marius van der Wijden. In a recent blog post, van
BitForex will come back online to process withdrawals. The exchange’s team were detained and investigated by police in China on Feb. 23. All operations and services will cease after withdrawals take place. 07:56 Why Bitcoin Miners Have Flocked to Texas 05:15 Bitcoin Slips to $29K Level Amid WSJ Report on Binance 13:59 Sen. Tuberville on
Welcome to the On the Margin Newsletter, brought to you by Casey Wagner and Felix Jauvin. Here’s what you’ll find in today’s edition: Why is digital asset compliance a low priority for crypto companies? We unpack survey results. VCs are making fewer, but more sizable, crypto deals in Q2. Let’s peek at the numbers. It’s
Ryan Selkis stepped down as CEO of Messari, the crypto data and research firm he co-founded, following a series of inflammatory tweets about politics, civil war and his desire for an immigrant to get expelled from the country. He announced his departure Friday on X, the social media platform where he pumped out a flood
Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter . Howdy! Welcome back to the forty-fourth edition of Lightspeed, where we can’t airdrop you tokens, but we will airdrop you knowledge, insight and generally good vibes. Oh, and your allocation is always 100%.
Last week, a federal judge convened a hearing for the U.S. Securities and Exchange Commission’s case against Binance after publishing her ruling on Binance’s motion to dismiss the SEC lawsuit. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. Third-party
Mt. Gox has for years made for a great bogeyman. Now, crypto is about one-third of the way to slaying it once and for all. The final phase of the Mt. Gox repayment plan is about 36% complete — 10 years after it filed for bankruptcy. Kraken confirmed to Blockworks that repayments to its customers
Liminal Custody said three WazirX wallets were breached in the lead-up to the $230 million exploit. WazirX said that a discrepancy on Liminal’s interface triggered the loss. If filed a police report today. Security firm Elliptic said on Thursday that North Korean hackers appear to be behind the hack. 00:56 Over $67M in Crypto Lost