The Arbitrum community is arming itself against a hostile takeover. A new proposal hopes to increase participation in its DAO. It's also meant to avoid the fate that recently befell the compound DAO. Arbitrum's decentralized autonomous organization, the steward of Ethereum's largest rollup blockchain, sitting $1.8 billion worth of crypto. Some of its members are … Read more
High pay and responsibility make this role highly coveted. Recruiters say the recruitment drive for chief of staff indicates market maturity. Make six figures, run a business strategy and meet with crypto CEOs. If that sounds like your cup of tea, you might be perfect for the chief of staff role — and right now, … Read more
The financial regulator is concerned about market manipulation. Financial experts say that those concerns are overblown. The crypto industry likes to fight the US federal government over in-the-weeds policy issues. There have been fights over the definition of securities, accusations of conspiracy when a crypto bank can't get a “master account” and debate over crypto … Read more
Tokenized versions of US Treasury bonds have become popular this year. Issuers expect growth to continue despite expected rate cuts from the Federal Reserve. Blockchain assets representing ownership of tokenized Treasuries, yield-bearing government bonds, have surged more than 100% this year. In January, onchain US Treasuries were $773 million, per data from a real-world asset … Read more
Solana bounced back from the crypto slump in early August. Its recovery is higher than Bitcoin and Ether. Four experts share what will drive Solana's price next. Solana is up 35% since the August 5 crypto flash crash, which sent token prices tumbling across the market. Its rebound was larger than the recoveries posted by … Read more
Arthur Hayes says Janet Yellen will keep the economy strong to help Kamala Harris win the election. To do so, the US Treasury will inject up to $1 trillion into the market before the end of 2024. That would push Bitcoin to at least $100,000. said the co-founder of BitMEX. The US Treasury is about … Read more
Ether lags behind Bitcoin and Solana in price growth. Experts say this is because of how different cryptocurrencies are. However, a key event is expected to drive up the price of Ether. For all intents and purposes, it's been a fantastic year for Ethereum. The explosion of faster Layer 2 networks has reduced fees. The … Read more
Solana is now the dominant blockchain for PayPal's PYUSD stablecoin. The double-digit yields offered to PYUSD holders across Solana DeFi have fueled demand. PayPal's strategy of attracting DeFi users with incentives is paying off. Despite Ethereum's 10-month head start, Solana's version of the fintech giant's PYUSD stablecoin has outperformed its Ethereum counterpart. According to DefiLlama, … Read more
A version of this article appeared in Us Decentralization Newsletter on August 13. Sign up Here. GM, Tim Here. Here's what caught my DeFi-eye recently: Why a MakerDao Advisor Worries About Wrapped Bitcoin The reason is that Coinbase's Cbeth supply has dropped by $2.4 billion. Athena extended her synthetic dollar to Solana. Wrapped Bitcoin concerns … Read more
Elon Musk and Donald Trump did not mention crypto in their Monday chat. Several Trump-themed memecoins have surged in the past 24 hours. Others have sharper dips. Several Donald Trump-themed memecoins enjoy a powerboost behind the former president Chat Monday with X owner Elon Musk. While neither of them mentioned cryptocurrencies during their two-hour interview, … Read more
Since August 2, Kamala Harris's chances of winning the election have increased by 238%. Analysts warn that Donald Trump's loss could be bad for crypto prices. Bitcoin price weakened just as Kamala Harris took the lead over Donald Trump in various polls, including crypto-powered betting platform PolyMarket. Bernstein analysts don't think this is a coincidence. … Read more
Tigran Gambarian was bedridden and suffering from tonsillitis. His family has accused prison officials of mismanaging the Binance executive's health. Gambarian's next court date is Oct. 11. Binance executive Tigran Gambarian's health continues to deteriorate amid lengthy prison sentence in Nigeria According to Nigerian sources who spoke to The Nigerian, Gambarian's prison conditions aggravated a … Read more