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Crypto
IOTA makes 40%+ move after $100M ecosystem foundation announcement
Iota, an open-source distributed ledger focused on the Internet of Things (IoT), saw its native IOTA token rally 43% on Nov. 29 after announcing the creation of the Iota Ecosystem DLT Foundation and its registration in Abu Dhabi, the…
How Bitcoin Is Redefining Investment Portfolios
To address these challenges, investors face a standard menu of options (Exhibit 1). To improve the tradeoff between risk and return in portfolios, they can reallocate to asset classes providing better risk-adjusted returns, lower…
Vivek Ramaswamy unveils crypto policy platform criticizing mixer sanctions
Republican U.S. Presidential candidate Vivek Ramaswamy unveiled a crypto policy framework on November 16 at the North American Blockchain Summit (NABS) in Fort Worth, Texas. Called, “The Three Freedoms of Crypto,” the framework states that…
2 Years Ago, Bitcoin Hit an All-Time High. Is Another Rally on the Way?
In other words, despite signs of a thaw, crypto winter may not be over. There’s hope that the months-long deep freeze drove out the riff-raff, while the brightest minds continued to build. And while a “killer app” hasn’t been found, it’s…
Aragon Association to dissolve, will disburse $155M in assets to token holders
The governing body for the aragonOS software will dissolve, distributing most of its assets to token holders in the process, according to a Nov. 2 blog post. The body, called the Aragon Association (AA), will distribute 86,343 Ether (ETH),…
Billionaire Ken Griffin’s Citadel Securities Denies ‘Ridiculous’ Claim That It…
The Terra network and Do Kwon rose to the highest tier of the crypto world thanks to big-shot investors, only to fall apart within a few days in May 2022. On May 7, the price of the then-$18-billion algorithmic stablecoin UST, which is…
Universal Music Group sues Anthropic AI over copyright infringement
Universal Music Group (UMG), Concord Publishing and ABKCO Music & Records have filed a lawsuit against the artificial intelligence (AI) startup Anthropic on accusations of the latter committing copyright infringement in training its AI…
Defending the Indefensible? Sam Bankman-Fried’s Lawyers Deserve Better
Last week, during the first days of a trial that could extend six weeks, there was much rejoicing over the fact that SBF’s high-paid lawyers made an embarrassing initial showing. According to some estimates, District Judge Lewis Kaplan, a…
Bitcoin price drops its early week gains — Here is why
Bitcoin (BTC) price gained 6% from Oct. 1 to Oct. 2 but after failing to break the $28,500 resistance, the price dropped by 4.5% on the same day. This decline happened because of the disappointing performance of Ether (ETH) futures…
Blocknative to Suspend MEV-Boost Relay After Economics Fail to ‘Materialize’
“What started out as an economically interesting opportunity turned into not a very economically interesting opportunity,” Cutler said. “We made a bunch of efforts that are still ongoing, both publicly and privately, to try to introduce…