Category: ICO

Bitcoin (BTC) Memes ORDI, PEPE Rise as BTC Tops $71,000 Ahead of Halving

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What the Ethereum (ETH) Staking Argument Is Really About

The Core Devs are, of course, part of that community, but it’s also clear they have an outsized influence on the protocol relative to the other stakeholders. Further, what we are really talking about here are the various researchers who are paid by the Ethereum Foundation. — because, well, the Ethereum Foundation is one of the few organizations that pays people to focus on protocol research. Source

New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case: Reports

Jurors agreed with the SEC that Kwon and, under his direction, Terraform Labs deceived everyday investors about the nature of the supposed algorithm that kept UST pegged to the U.S. dollar. Though Kwon insinuated that it could “automatically self-heal” in the event of a de-peg, it actually relied on continuous trading activity, including large-scale trading done by institutional investors. Source

Genesis Completes Redemption of GBTC Shares, Buys 32K Bitcoins with Proceeds

On Feb. 15, Genesis received permission from a New York bankruptcy court to sell the nearly 36 million shares in GBTC, as well as additional shares in two Grayscale Ethereum trusts. At the time of the application, lawyers for the estate valued the Grayscale shares at a collective $1.6 billion – nearly $1.4 billion in GBTC, $165 million in Grayscale Ethereum Trust, and $38 million in Grayscale Ethereum Classic Trust. Source

Ethereum Foundation Researchers’ Proposal to Slow ETH Issuance Draws Pushback

Notably, Vitalik Buterin, the influential co-founder of the Ethereum blockchain, is one of three members of the executive board of the Ethereum Foundation, according to its website. The organization is described as a “non-profit that supports the Ethereum ecosystem,” and part of a “larger community of organizations and individuals that fund protocol development, grow the ecosystem and advocate for Ethereum.” Source

BCH Leads CoinDesk 20 Gainers

CoinDesk 20 tracks top digital assets and is investible on multiple platforms. The broader CMI comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization. Source

The EasyA Consensus Hackathon: Web3 Unicorn Breeding Ground

And while $500 million is already an astronomical number, we want to bring it up to $1 billion. That’s why we made the decision to partner with CoinDesk this year, to bring the first ever in-person hackathon to Consensus. Running directly alongside the conference itself, at the exact same venue in Austin, we’re inviting the top 500 builders from across the world to hack at this inaugural hackathon. Accepted hackers will not only get a chance to pitch at 2024’s biggest hackathon of the year, but also a free Consensus…

MicroStrategy’s Implied Premium to Bitcoin Settling Into New Norm, BTIG Says

“The premium is supported by a desire for investors to have exposure to bitcoin who may be unable to invest directly in bitcoin or in exchange-traded funds (ETFs), and also supported by MSTR’s ability to accretively raise capital to purchase additional bitcoin for shareholders,” the authors wrote. Due to the company’s capital market activity it now has greater exposure to bitcoin on a per-share basis, the report noted. MicroStrategy is expected to benefit from bitcoin catalysts in the coming year, such as the upcoming halving event, which is expected to…