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Coinbase screws up, Florida bans CBDCs, and Ordinals face controversy: Hodler’s Digest, May 7-13

Calls for a boycott of Coinbase over memecoin controversy, Florida’s ban on CBDCs, and the effects of Bitcoin Ordinals on the BTC network.

Ethereum's Beacon Chain is updated after finality issues

Ethereum core developers released patches for Prysm Labs and Teku clients in response to a Beacon Chain issue preventing block finalization.

MakerDAO publishes 5-phase roadmap featuring funding for open-source AI projects

DAI stablecoin proprietor MakerDAO offered up an AI-heavy roadmap for the future with plans for a new blockchain.

Price analysis 5/12: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Bitcoin and most major altcoins are slumping, but the charts suggest that a recovery could be around the corner.

Big breath as Beacon Chain stops finalizing... and then recovers

The Ethereum mainnet briefly stopped finalizing transactions but recovered after 25 minutes.

Alameda’s $38B IRS bill, Do Kwon kicked in the assets, Milady frenzy: Asia Express

IRS wants $38B in unpaid taxes from Alameda, Milady token surges 3,000%, restraining order for Arthur Hayes over 3AC “threatening” words.

MetaMask rolls out ETH purchases via PayPal to US users

Users in the United States can also transfer ETH from PayPal to MetaMask. The companies first announced their collaboration in 2022.

Cryptocurrency trading addiction: What to look out for and how it is treated

The epic highs and lows of cryptocurrency trading make traders particularly prone to addictive trading behavior.

New wallet uses Amazon hardware security modules to eliminate seed words

The newly launched crypto wallet by Kresus requires users to sign in with “magic links,” meaning password hashes don’t need to be stored.

Account abstraction could bring the next billion users to Ethereum: Ambire CEO

In episode 19 of Hashing It Out, Ambire founder and CEO Ivo Georgiev explained a new technology aiming to bring increased flexibility and security to the Ethereum network.

Ethereum derivatives flirting with bearishness: Mind the $1,820 support

The failed rally above $2,000 on May 6 has proven that ETH bulls are nowhere near comfortable adding leveraged longs.

Arbitrum's DAO to receive over 3,350 ETH revenue from transaction fees

Proceeds come from base fees and surplus revenue generated from network transactions. The incentive follows a recent clash between Arbitrum's team and its community.

Price analysis 5/10: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Bitcoin and select cryptocurrencies are trying to start a rebound following the CPI data release but bulls may find it difficult to continue the recovery at higher levels.

William Clemente III tips Bitcoin will hit six figures toward end of 2024: Hall of Flame

Will Clemente III ditched school to become a crypto analyst and says Bitcoin has a strong chance of hitting six figures toward the end of 2024.

Ethereum validators earn a record $46M as staking rewards rate surges

Ethereum's staking rewards hit a record 8.6% post-Merge, with validators earning $46 million in the first week of May, citing the memecoin craze responsible.

PayPal’s crypto holdings increased by 56% in Q1 2023 to nearly $1B

The lion’s share of the fintech’s held cryptocurrency assets lie in BTC and ETH with $499 and $362 million respectively — up more than 56% since Q4 2022.

$3.4B of Bitcoin in a popcorn tin: The Silk Road hacker’s story

The Silk Road hacker lived the high life for a decade with his stolen billions — but was caught due to a transfer of pocket change.

Worth it? Trader spends $120K on gas buying $155K worth of a memecoin

A user spent an additional 76% of their total purchase price in gas fees on a single memecoin trade.

Aave V3 launches on Ethereum layer-2 network Metis

Ethereum layer-2 protocols continue to attract the biggest players in the decentralized finance sector, with liquidity protocol Aave deploying on scaling network Metis.

‘Ethical’ SBF game axed, Web3 games sign-up process sucks, Tomb Chaser: Web3 Gamer

FTX’s kiss of death for Storybook Brawl, Scratch Lord creators make MMA game for Animoca, and why is Web3 game onboarding so awful?

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