Author: Admin-aX9d7

This is a segment from the Empire newsletter. To read full editions, subscribe. Since last week, Base’s Jesse Pollak has been very busy posting about content coins and prompting folks in his replies to coin everything, though that’s come with some mixed results.  Before we get into Pollak’s bullish thought process, I asked him about the now-deleted post promoting an image of a girl from Hinge being coined. The image was a screenshot taken from the dating site, and it’s unclear if the girl consented to the image being not only used on social media but also being put onchain.…

Blockchain security firm Cyvers has reported a major security breach that affected DeFi platform Abracadabra’s MIM_Spell platform.The attack led to the loss of 6,262 ETH, equivalent to around $12.9 million.According to Cyvers, the attacker quickly bridged the stolen ETH to the Ethereum network and distributed the funds across three newly generated wallets.MIM confirms breachOn March 25, MIM confirmed the exploit in a statement without disclosing the stolen amount.According to the platform, the exploit targeted its gmCauldron smart contracts, which had passed audits conducted by Guardian Audits, the team that reviewed GMX’s core infrastructure.The platform also highlighted the presence of additional…

As Bitcoin sustained crowns above the $87,000 mark, Solana, the sixth-biggest cryptocurrency, trades at $138. With a 4% surge over the past seven days, Solana holds a market cap of $71 billion.  Currently, it faces opposition to surpass the $140 mark, despite signaling a potential trend reversal. Will the bullish struggle lead to the $150 breakout rally? Or is the $131 retest inevitable? Let’s find out. Solana Price Analysis In the daily chart, the Solana price analysis showcases a bullish breakout of a falling wedge pattern. With the wedge breakout rally, Solana heads to the $140 mark. This accounts for…

12h05 ▪ 6 min read ▪ by Evans S. The global financial geography is undergoing a spectacular transformation. Far from the sterile skyscrapers of Wall Street or centuries-old Swiss banks, a new map is emerging: that of cities that have embraced the blockchain revolution without complexes. Ljubljana, the Slovenian capital nestled between the Alps and the Balkans, embodies this metamorphosis. With regulatory boldness and an already established crypto culture, it now surpasses Hong Kong and Zurich. How did this city of 300,000 inhabitants manage to dominate the game? The answer lies in a subtle mix of legislative pragmatism, agile infrastructures,…

Bitcoin adoption among United States financial institutions could see a major boost after the US Federal Reserve withdrew its guidance discouraging banks from engaging with cryptocurrency.On April 24, the Fed withdrew its 2022 supervisory letter that served as guidance to deter banks from engaging in crypto and stablecoin activities. The withdrawal spurred a notable uplift in Bitcoin (BTC) investor sentiment.The Federal Reserve Board’s withdrawal giving banks guidance on crypto activities. Source: Federal ReserveThe 2022 guidance initially warned that crypto may pose risks to investors and the stability of the US financial system.The Fed’s move means that “banks are now free…

This is a segment from the Supply Shock newsletter. To read full editions, subscribe.  The final known Satoshi email was sent to Mike Hearn, one of the earliest Bitcoin contributors and former Google engineer, in April 2011.  By that point, Bitcoin had been running for 840 days, or less than two and a half years. Satoshi previously said they had been working on Bitcoin’s design since 2007 — so at most they were active in Bitcoin development for about four years. Hearn, who has since stepped back from Bitcoin, had kept up emails with Satoshi even after their final post…

The Federal Reserve has joined its fellow U.S. banking regulators in deleting its crypto guidance of previous years, including notices that banks should get pre-approvals before they get involved in crypto activity.Now, all three agencies — including the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. — have joined in reversing those previous policies, leaving crypto matters at banks in the hands of their managers and compliance executives. In the absence of guidance, the banking industry awaits new laws from Congress to define how the digital assets industry should operate in the U.S.”These actions ensure…

This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Restaking is evolving. What started as an Ethereum-native capital efficiency play is now transforming into a cross-chain economic coordination layer that spans protocols, assets and use cases. Symbiotic announced today a $29 million Series A, led by Pantera Capital, to launch its Universal Staking Framework. The move goes toward supporting any asset securing any network — L1 or L2, modular or integrated. Symbiotic is active on 14 networks, a number expected to more than double in the coming months, providing programmable slashing, cross-chain collateral composition and new…

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and…

Arbitrum (ARB) was set to make a splash.The Layer 2 network, home to a growing number of decentralized AI platforms, was preparing to announce a milestone: it had been named Nvidia’s exclusive Ethereum partner for the chipmaker’s new Ignition AI Accelerator, an offshoot of its Inception program that supports promising AI startups with infrastructure credits and mentorship.Then came the pivot.“We received some last-minute comms from Nvidia requesting to pause the announcement, however, they didn’t provide any specific details as to why,” a spokesperson told CoinDesk in an email.It’s a telling moment, and a reminder that despite crypto’s continued efforts to…