Ethereum could eventually fall afoul of the SEC, but at the moment, key data points suggest ETH is poised to hold the $1,800 level.
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Heilpern loves Bitcoin, hates bullshit… was a China state media journo: Hall of Flame
Layah Heilpern has attracted a big following for her no-bullshit take on Bitcoin. Weirdly, in a former life she worked for China state media.
Jack Dorsey courts controversy by claiming ETH is a security
Since Binance and Coinbase were sued for offering unregistered securities, Dorsey has tweeted posts promoting a focus on Bitcoin development.
Optimism successfully completes ‘Bedrock’ hard fork, reducing deposit times, layer-1 fees
The upgrade is part of a series of reforms meant to increase modularity in the OP Stack, allowing developers to spin up their own networks using the software.
Crypto traders avoid risk and shelter in stablecoins as the market reaches a turning point
On-chain data from Glassnode shows market participants averting risk and seeking shelter in stablecoins and BTC as the crypto market nears a decisive move.
Small business lending protocol Defactor tokenizes $100M in bonds
The bonds are tokenized on Polygon using the ERC-3643 token standard.
Sequoia Capital announces three-way split to separate China business
One of the world’s largest venture capital firms, Sequoia Capital, will split into U.S./Europe, India/SEA, and Chinese branches.
Tornado Cash 2.0: The race to build safe and legal coin mixers
Projects are racing to create legal coin mixers that preserve privacy while revealing just enough data to stay on the right side of the law.
Dev shares how ENS plays a role in decentralized social media
Makoto Inoue highlighted that Web3 socials are not limited to online platforms but can also be applied offline, putting records of having met people in the blockchain.
Binance sees $778M net outflows on Ethereum blockchain amid SEC charges: Nansen
The SEC lawsuit against Binance led to an outflow of over $700 million worth of assets on Ethereum in the past 24 hours with outflows from the exchange still dominating inflows.
Ethereum gas fees cool down after May memecoin frenzy
Besides Ethereum, Bitcoin’s meme frenzy via Ordinals has steeply declined from its high in May.
Google searches for ‘crypto’ fall to 2020 levels as BTC sentiment neutral
With a score of 17 out of 100, online interest in crypto has taken a big hit from its highest levels reached in May 2021.
Web3 Gamer: GTA 6 crypto rumors, Dr Who/Sandbox, Thai tourist NFTs review
GTA 6 crypto and NFT integration speculation mounts, Top Gear and Dr Who in The Sandbox, and Thailand’s rubbish NFT hunt for tourists.
Cryptocurrency markets’ low volatility: A curse or an opportunity?
The cryptocurrency market has been experiencing low volatility for the past two months, but does that mean investors should just sit and wait?
Musk’s alleged price manipulation, the Satoshi AI chatbot and more: Hodler’s Digest, May 28 – June 3
DOGE investor lawsuit against Elon Musk, the Satoshi Nakamoto chatbot, and the ongoing crypto debanking worldwide.
Rapid growth in DeFi-focused Ethereum liquid staking derivatives platforms raises eyebrows
ETH use in DeFi is down due to an uptick in staking, but rapid growth in LSDfi could be a bull market catalyst.
US debt ceiling, declining trust in banks send ETH staking to record highs
The record surge in Ethereum staking in May was attributed to the ongoing U.S. debt ceiling saga, deterring confidence in USD, the downfall of banks and the high APR offered on the ETH staking.
Here's how developers aim to store crypto inside NFTs
From being an inventory system for gaming to being used in DAOs, Future Primitive’s Jayden Windle and Benny Giang spoke about use cases for ERC-6551.
Bitcoin wicks down to $26.5K, but trader eyes chance for ‘bullish surprise’
BTC price upside is likely limited, market participants argue, with Bitcoin pinned below $27,500.
Yuan stablecoin team arrested, WeChat’s new Bitcoin prices, HK crypto rules: Asia Express
Chinese RMB stablecoin issuer’s Shanghai office reportedly deserted after police raid, and WeChat offers Bitcoin prices — but for how long?