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Category: ICO
MicroStrategy Now Holds $13.6B Worth of Bitcoin, 1% of Total Circulating Supply: Canaccord
MicroStrategy Now Holds $13.6B Worth of Bitcoin, 1% of Total Circulating Supply: Canaccord Source
Ahead of EU Elections, Crypto Industry Pushes Blockchain Merits as Policy Focus Shifts to AI
“While we recognize the intrinsic value of technologies like artificial intelligence, virtual reality and robotics, we believe that blockchain will serve as the trust layer for the convergence of all these technologies, allowing them to build upon each other and form the framework of the future digital economy,” the manifesto said. Source
Alliance Resource Jumps 5% After Coal Miner Says it Mines Bitcoin With Spare Electricity
“In the second half of 2020, we started mining bitcoin as a pilot project to monetize the already paid-for yet underutilized electricity load at our River View mine,” Cary Marshall, the firm’s chief financial officer, said during an earnings call. Source
Samourai Wallet Co-Founder Keonne Rodriguez Pleads Not Guilty, Released on $1M Bond
Rodriguez, 35, and his Samourai Wallet co-founder William Lonergan Hill, 65, were arrested last week – Rodriguez in Pennsylvania and Hill in Portugal – and charged with one count each of conspiracy to commit money laundering and conspiracy to operate an unlicensed money transmitting business. The charges carry a maximum sentence of 20 years and five years, respectively. Source
As Wasabi Wallet and Phoenix Leave the U.S., What’s Next for Non-Custodial Crypto?
On Friday, Paris-based Bitcoin company Acinq announced it is pulling its popular Lightning network wallet, Phoenix, from app stores in the U.S., citing regulatory uncertainty. Users are recommended to close their channels and move their funds before access is terminated on May 3, 2023. Source
EigenLayer, After Touching Off Restaking Frenzy, Plans Own EIGEN token
According to the foundation, investors will be allocated 29.5% of the token supply, and 25.5% will go towards early contributors. Both groups will have a three-year lock period, “with a full lock in year one, followed by a linear unlock of 4% of their total allocation each month over the next two years.” Source
The Four Biggest Risks in Modern DeFi
You might have heard the doomsday analyses comparing the most successful protocols of this wave, like Ethena or Eigen Layer LRTs, with risk management disasters like Terra, without really providing any credible evidence of the parallels. Fact is, this new generation of fast-growing DeFi protocols is much more mature and a lot of thought has gone into risk management. However, there is still plenty of risk. Source
Binance's CZ Will Spend Less Than a Year in Prison, Polymarket Traders Bet
Also, the CFTC wants to bar Americans from betting on elections – even though it’s already illegal in most U.S. states. Source
We Must Protect Crypto-AI From Financial Nihilism
Financial nihilism is a common philosophy in Web3 but, ultimately, there’s no way to build long-lasting value without finding real customers for real products and services that solve actual problems, says Lex Sokolin. Source