How Bitcoin shapes the future economy
The transformative influence of Bitcoin on the global economy.
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Traders pour into leveraged ETFs, gold in bid to weather volatility — Bloomberg
Traders are embracing diametrically opposed exchange-traded fund (ETF) strategies in a bid to navigate one of the most unpredictable financial markets in recent history, according to data from Bloomberg Intelligence. The year-to-date has seen record inflows to ETFs providing leveraged long exposure to volatile assets such as stocks and cryptocurrencies, as well as funds holding

India’s government orders companies to disclose crypto holdings
Recent amendments to India’s Companies Act will see firms in the country include their crypto involvement in all public financial reporting. 813 Total views 21 Total shares While the legal status of cryptocurrencies remains undecided in India, companies in the country involved in virtual assets must now report their activities as part of their financial…

Financial group CEO claims he tried to warn Bankman-Fried about insolvency in July
Richard Handler alleged that he offered restructuring services to FTX that might have saved it, but exchange reps refused to meet with him. 202 Total views 2 Total shares Richard Handler, CEO of Jefferies Financial Group, seemingly alleged on Nov. 10 that he knew about FTX’s liquidity problems back in July. In a Twitter thread,…

The metaverse is the future — but are current platforms failing users?
The metaverse has potential to transform the way we work, socialize, party and even do business — but looking at the infrastructure that exists right now, and some would accuse this industry of running before it can even walk.Many virtual worlds are making bold promises about what they plan to achieve in the years to…

Lightning Labs and Tari agree to convert restraining order in trademark suit
Tari Labs, who bought the suit against the project has faced backlash from the crypto community with some suggesting the lawsuit was “frivolous.” 206 Total views 2 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) software firm Lightning Labs and blockchain startup Tari Labs have agreed to convert a…

Voyager Digital sees 16X increase in quarterly revenue, first operating profit
The Canadian trading and yield app recorded $60 million in revenue for Q1, 2021. 2727 Total views 4 Total shares Crypto asset trading firm Voyager Digital has announced financial results for the first quarter of 2021, and they are impressive.The retail crypto trading and yield platform reported another record quarter, with momentum continuing into the…

Inside the blockchain developer’s mind: The upgradeability crisis
This is Part 1 of a three-part series in which Andrew Levine outlines the issues facing legacy blockchains and posits solutions to these problems. Read Part 2 on the vertical scaling crisis and Part 3 on the governance crisis as they go live on Sept. 24 and 25.It is our belief that there are three…

Crypto Exchanges Made a Killing During the Ides of March
While March 2020 has been one of the most volatile and unprofitable months for Bitcoin holders, exchanges have benefited greatly from this uncertainty.March 12 selloff spike in volumeThe main source of revenue for crypto exchanges comes from trading fees, so on the days with heavy volume, they see an increase in their revenues.March 12, the…