“Following the evidence in this trial, it is clearer than ever – clear beyond doubt – that Dr. Wright is not Satoshi Nakamoto. He did not write the Bitcoin white paper, produce the Bitcoin code or implement the Bitcoin system,” COPA Counsel Jonathan Hough said. Source
The CoinDesk 20 tracks the world’s largest and most-liquid cryptocurrencies in an investible index available on multiple platforms. The broader CoinDesk Market Index comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization. Source
This week, as of March 9, 2024, the cumulative value held in decentralized finance (defi) platforms exceeded $100 billion for the first time since the downfall of Terra in May 2022. In the past 30 days, the leading three defi platforms have experienced an increase of at least 50%, fueled by the substantial rise in […] Source CryptoX Portal
Goldman Sachs, BNY Mellon and Others Test Enterprise Blockchain for Tokenized Assets Source
Grayscale is seeking the SEC’s approval for a Bitcoin Mini Trust to reduce its Bitcoin ETF fees. The mini trust aims to offer a more cost-effective option to the company’s existing $28 billion GBTC spot Bitcoin ETF. The proposal, detailed in a recent SEC filing, outlines Grayscale’s strategy to fund this new offering by reallocating a portion of the shares from its GBTC ETF. The introduction of the Grayscale Bitcoin Mini Trust aims to lower the aggregate fees for current GBTC investors, promising them a reduction in expenses without the…
“Users will be able to stake their BNB and FDUSD into separate pools to farm ETHFI tokens over four days,” with farming starting at 00:00 UTC on March 14, Binance said. “Binance will then list ETHFI at 12:00 UTC on March 18.” Trading pairs will be available in ETHFI versus bitcoin (BTC), stablecoin (USDT) and BNB TOKEN, among others. Source
Ki Young Ju, the founder of CryptoQuant, a crypto analytics platform, predicts a severe Bitcoin “sell-side liquidity crisis” in the next six months. In this event, the founder thinks that not only will prices erupt to new levels, surpassing expectations, but the crisis will likely lead to a market disruption. Bitcoin Records New All-Time Highs Bitcoin is trading at around new all-time highs following sharp price gains on March 11. The coin roared to print new all-time highs of $72,800 before cooling off to spot levels. Bitcoin price trending upward on the…
Etymology: Proto-Danksharding is named after two Ethereum researchers, Dankrad Feist and Proto Lambda, who proposed the change. It’s fitting because Proto Danksharding is necessary for the full rollout of Danksharding — which is several years away and takes the idea of simplifying data storage further. Also, although the term “sharding” is in the name, neither Danksharding nor Proto-Danksharding is a traditional way to “shard” — or split — a database into smaller parts as known in computer science, which was the original plan for getting Ethereum to scale. In a…
“This re-expansion has been a bit of a pleasant surprise to us despite more competition from ETFs,” the authors wrote, adding that the premium does make some sense as MicroStrategy’s bitcoin acquisition strategy of “only buying BTC when its stock trades at a relative premium to its HODL,” has been accretive. Original
With Monday’s inflows, VanEck’s offering became the sixth-largest U.S.-listed spot bitcoin ETF, handling more than 6,000 BTC ($440 million) in assets under management and overtaking rivals Invesco (BTCO) and Valkyrie (BRRR), according to BitMEX data. Source