There’s more to Bitcoin than its price: Early dev shares BTC’s ‘new permutation’
Bitcoin’s journey from idea to reality (and near six figures) has been amazing, and Hemi co-founder Jeff Garzik says the network is ready for its next growth stage.
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Nigeria’s Union Bank Reportedly Warns Against Crypto Transactions
The Union Bank of Nigeria has reportedly cautioned against transactions in cryptocurrencies, according to a letter allegedly sent to its users and published Nov. 26 by Nairaland, an online community targeted at Nigerians.Nairaland, the largest Nigerian online community with over 55 million Internet users, has published a letter reportedly from the Union Bank, which cited…

Experts say institutions drove Bitcoin’s rise to $19K and that alt-season is coming
Market analysts are attributing Bitcoin’s sudden surge above $19,000 to aggressive demand from financial institutions and leading companies in the United States. 1363 Total views 10 Total shares Analysts are pointing to demand from financial institutions and publicly listed companies as the primary forces behind BTC’s sudden re-test of its all-time highs.“The primary reason for…

Researcher suggests miners are manipulating Ethereum blocks to exploit DeFi
Some Ether (ETH) miners appear to be re-engineering blocks to take advantage of DeFi opportunities in an instance of what is termed “miner extractable value,” or MEV.Miner extractable value was long anticipated by researchers as a potential exploit pattern for DeFi that leverages the miners’ unique protocol influence. Since miners have free reign over what…

MakerDAO to dissolve Foundation and become truly decentralized again
Pioneering decentralized finance protocol, MakerDAO, has announced its foundation will formally dissolve in the coming months, marking one of the final milestones in the protocol’s roadmap to decentralized governance.A July 20 blog post describes Maker’s decentralized autonomous organization, or DAO, as now being “fully self-sufficient” — with its globally distributed community “now responsible for every…

Hodler’s Digest, June 10–16: Top Stories, Price Movements, Quotes and FUD of the Week Top Stories This Week
CCN casts doubt on shutdown plans as Google appears to correct visibilityCryptocurrency news outlet CCN (formerly CryptoCoinsNews) is apparently not going through with its total shutdown, as reported earlier this week. The outlet had previously posted a note that a recent Google Core Update had led to a more than 70% visibility drop on mobile…

Perplexity AI’s ad integration plan draws shock, mockery: ‘This company is toast’
The company reportedly intends to charge a much higher-than-average premium for ad space in its AI-powered search engine.

Sam Bankman-Fried’s charitable donations sought by FTX: Report
FTX's new management is seeking to recover millions of dollars donated by Future Fund and SBF. 370 Total views 14 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTFTX's new management is seeking to recover millions of dollars in donations made by the crypto exchange and its former CEO Sam Bankman-Fried, reports…

Malaysian comms official calls the state to legalize crypto and NFTs
Malaysia’s finance minister previously warned that crypto payments were illegal as they did not meet the universal characteristics of money. 271 Total views 7 Total shares The Malaysian Ministry of Communications and Multimedia (KKMM) is reportedly backing the adoption of cryptocurrencies, with the deputy minister calling the government to legalize crypto.Deputy communications and multimedia minister…