Author: Admin-aX9d7

A technology investor who backed ridesharing app Uber in its early days has sparked backlash from the Bitcoin community after claiming Bitcoin will inevitably be replaced by something better.“Bitcoin has been a wonderful game, but with a couple of giant players cornering the market, the timing is right to “build a better Bitcoin” — restarting the game,” prominent angel investor and internet entrepreneur Jason Calacanis told his 981,600 X followers on March 14.Calacanis, an early investor in Bitcoin-related companies like online trading platform Robinhood and Bitcoin startup Keza, said, “All technology gets replaced over time… and Bitcoin will be no…

As the Dubai Token2049 conference concludes, one key takeaway is that the narrative around bitcoin (BTC) is swiftly expanding beyond its traditional role as a store of value to a potential DeFi asset competing with Ethereum and Solana.Prominent industry players like Franklin Templeton view this development as a positive step, confident it will enhance bitcoin’s utility without diluting its core appeal as a store of value as purists or maximalists fear.”I don’t think focusing on Bitcoin DeFi will dilute or complicate Bitcoin’s core narrative,” Kevin Farrelly, managing principal of blockchain venture capital at Franklin Templeton and VP of Digital Assets,…

The IRS lost two key directors working on crypto initiatives, Seth Wilks and Raj Mukherjee, on Friday after they accepted deferred resignation offers directed by the Department of Government Efficiency.Wilks and Mukherjee, who both went to the IRS from the crypto industry, are technically still employees with the IRS for the next few months but they are on paid administrative leave as of Friday afternoon, two people familiar with the situation told CoinDesk. President Donald Trump’s administration, through DOGE, offered deferred resignations to a wide array of federal employees earlier this year.Wilks, who was previously a vice president at TaxBit,…

22h20 ▪ 3 min read ▪ by Eddy S. A crypto company manager was kidnapped in broad daylight in Paris, France, in front of witnesses. The shocking case revives concerns about the safety of actors in the sector. In 2025, crypto-related kidnappings are multiplying. How far will this escalation of violence go? In brief A crypto company manager was kidnapped in broad daylight in Paris, France, by four masked individuals. The victim and his son, connected to a crypto company based in Malta, had already received threats. This is the second kidnapping in France in 2025 after that of Ledger…

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Have you ever wondered why stock trades take days to settle? Have you ever looked at the UX nightmare that is fractional ownership and thought, How in the world is this still the norm? And why is it exactly that your shares must live inside custodial black boxes? These design failures boil down to the fact that the US equity market is fundamentally outdated. It’s trapped inside legacy infrastructure, shackled by intermediaries and probably coded in COBOL. Efforts to modernize the system are usually surface-level. We might…

XYO Network has onboarded more than 10 million nodes to its decentralized physical infrastructure network (DePIN), co-founder Markus Levin told Cointelegraph in an interview.The nodes mostly comprise human users who provide data in exchange for rewards via the network’s mobile application, COIN. “The vast majority of our 10 million nodes are mobile users, but some are IoT devices like smart speakers,” Levin told Cointelegraph. Approximately 80% of XYO’s users are non-crypto natives who are participating in Web3 for the first time, he added.They include truckers, rideshare drivers, delivery people, and nurses among others, Levin said, adding that “95% convert after onboarding…

The average Ethereum gas fee has dropped by 95% in the year following the Dencun upgrade, one of Ethereum’s most significant network improvements.On March 13, 2024, Ethereum’s Dencun upgrade was rolled out. The upgrade combined the Cancun upgrade on the execution layer and the Deneb upgrade on the consensus layer. It also introduced nine Ethereum Improvement Proposals (EIPs).The primary goal was to enhance Ethereum’s scalability and reduce transaction costs for layer-2 networks. According to YCharts data, Ethereum’s average gas fee has fallen from 72 gwei in 2024 to just 2.7 gwei as of March 12, 2025.Last year, an average swap…

In brief-Riot Platforms’ reported mixed earnings results for the first quarter of 2025.  -The company clocked $161.39 million in the quarter, slightly beating analysts’ expectations.  -Riot’s Bitcoin mining revenue jumped to $142.9 million for the period, up from $71.4 million during the same time last year.Riot Platforms posted mixed earnings results for the first quarter as it took steps to mitigate the effects of mining industry headwinds on its business. The Bitcoin miner clocked $161.39 million in revenue in the three-month period ending on March 31, up 13% from the previous quarter, the firm said Thursday in a statement. That’s roughly…

20h05 ▪ 4 min read ▪ by Mikaia A. In a crypto market sometimes lulled by power struggles between altcoins and regulators, an unexpected roar has awakened the pack. Dogecoin, the most famous of the memecoins, is back in the spotlight with a 6% surge, outrunning ethereum and XRP. This rebound, after a period of dormancy, seems to prove wrong those who relegated memecoins to the status of mere digital jokes. Much like a beast thought to be docile but showing its fangs. In brief Dogecoin surpasses ethereum and XRP with a 6% increase in 24 hours. Crypto whales accumulate…

This is a segment from the 0xResearch newsletter. To read full editions, subscribe. A lot has happened since I last wrote on Movement. At the time, the chain was not live. About a month later, on April 15, Blockworks’ Katherine Ross and Jack Kubinec broke a story on market maker “misconduct” around the project’s MOVE token on the Binance exchange. The market marker was alleged by ZachXBT to be linked to market making firm Web3Port. At the time, MOVE traded at $0.29, about 74% down from its highs of $1.12 in December. Movement Labs co-founder Rushi Manche was also reportedly…