David Schwartz compared crypto miners in the Ethereum and Bitcoin ecosystem akin to shareholders of eBay, which he believes makes BTC and ETH a security as well.
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Celer Network shuts down bridge over potential DNS hijacking
The platform asked users to revoke token approvals for smart contracts in several blockchains, including Ethereum and BSC.
Law enforcement should give up trying to access everyone's data, says legal expert
Ahmed Ghappour explained that sanctioning ideas can lead to criminalizing harmless associations with no ties to other criminal conduct.
Law enforcement should give up trying to access everyone's data, says legal expert
Ahmed Ghappour explained that sanctioning ideas can lead to criminalizing harmless associations with no ties to other criminal conduct.
3 cloud providers accounting for over two-thirds of Ethereum nodes: Data
The data suggests that DeFi apps running on mostly centralized cloud providers may make Ethereum vulnerable.
3 cloud providers accounting for over two-thirds of Ethereum nodes: Data
The data suggests that DeFi apps running on mostly centralized cloud providers may make Ethereum vulnerable.
Aussie asset manager to offer crypto ETF using unique license variation
The CEO of Monochrome Asset Management says their license approval represents a significant step forward for both the advice industry and retail investors.
Aid for Ukraine's $54M crypto fund buys vests, scopes, and UAVs
The crypto community has poured in an impressive $54 million worth of crypto funds through “Aid For Ukraine," aimed at supporting the country's military efforts against Russia, the Ukrainian Deputy Prime Minister has revealed.
The $54 million has been funneled in through the Ukrainian government-run initiative 'Aid For Ukraine', according to Ukraine's Deputy Prime Minister Mykhailo Fedorov’s Twitter post on Thursday, who thanked the crypto community for their support:
“Every helmet, bulletproof vest, and night vision device save the lives of Ukrainian soldiers. Thus, we must continue to support our defenders. Thanks so much to everyone from the crypto community for supporting Ukraine!”
According to the Ministry of Digital Transformation of Ukraine, Aid For Ukraine’s $54 million has mostly come in the form of 10,190 Ether (ETH), worth $18.7 million, 595 Bitcoin (BTC), worth $13.9 million, Tether (USDT) worth $10.4 million and USD Coin (USDC), worth $2.2 million.
The crypto payments have gone towards military equipment, hardware, and munitions, including $11.8 million worth of unmanned aerial vehicles (UAVs), which are typically used to spot enemy troops and direct attacks.
Aid for Ukraine's $54M crypto fund buys vests, scopes, and UAVs
The crypto donations have played a “significant role in Ukraine’s defense,” a Ukrainian government official wrote.
CBDCs only solution to 'smooth continuation' of the monetary system: ECB
The European Central Bank working paper sought to identify issues and consensus regarding CBDCs, as well as to identify gaps in the research — such as what users want.
Ontario crypto exchanges impose $30K annual limit on altcoin buys
The new buy limits are intended to better “protect crypto investors” and make them “more aware of the risks” associated with crypto assets, according to one of the exchanges.
Korean police seize crypto for unpaid traffic fines in trial
Local police in a suburb of Seoul have the authority to seize crypto in order to clear the balance of delinquent fines from traffic violations.
Solana wallet fires up the grill to burn spam NFTs out of existence
The Phantom wallet app has launched a new Burn Token feature, allowing users to remove spam NFTs sent by scammers.
Senator asks FDIC about allegations it discourages bank relations with crypto companies
Sen. Pat Toomey says he has information from whistleblowers that the FDIC without a legal basis is discouraging banks from dealing with companies with crypto links.
European Central Bank addresses guidance on licensing of digital assets
Specifically, the ECB will consider crypto firms’ business models, internal governance, and “fit and proper” assessments which apply to licensing other companies.
Fed adds a new layer of bureaucracy for US banks engaging in crypto asset activities
The U.S. Federal Reserve Board has issued new instructions for banks engaging in crypto asset activities that include running their plans past their Fed supervisor.
Quebec Pension Fund loses almost entirety of its Celsius investment in less than ten months
"For us, it is clear, when we look at all this, we arrived too soon in a sector which was in transition," says CEO Charles Émond.
3 strategies investors might use to trade the upcoming Ethereum Merge
The Ethereum network’s long-awaited transition from proof-of-work to proof-of-stake is set to occur on Sept 15 to Sept. 16 and for the last year traders and analysts have been discussing various outcomes for the upgrade and possible trading strategies.
Let’s take a look at three options investors and traders have.
Hodl ETH to earn the expected “hardfork” token
The first strategy is relatively simple. Traders can simply buy Ether (ETH) in the spot market and hold it in their exchange wallet, or whatever platform/wallet will support forked tokens, and wait for the expected PoW token.
Way back in 2017, when Bitcoin was forked to Bitcoin Cash, BTC holders received an equal amount of BCH, which at one point traded for $1,650 per token. At the height of the 2021 bull market, BCH rallied as high as $800.
If PoW tokens from those entities that choose to ignore the Merge happens, then finding exchanges that support the hardforks will be the place to sell them. Don’t forget to pay your taxes if your country obligates you to do so.
3 strategies investors might use to trade the upcoming Ethereum Merge
Investors have been crafting their strategies for navigating the volatility that could arise as the Ethereum Merge takes place. Here are a few to consider.
3 strategies investors might use to trade the upcoming Ethereum Merge
Investors have been crafting their strategies for navigating the volatility that could arise as the Ethereum Merge takes place. Here are a few to consider.