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Crypto
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…
Interest rate hikes may pause very soon — Here’s why
On this week’s episode of The Market Report, analyst Marcel Pechman discusses Bitcoin’s (BTC) strength ahead of the United States Federal Reserve’s Federal Open Market Committee (FOMC) meeting, with investors betting on an interest rate…
Vitalik Buterin Wants a Better Crypto Mixer
But for most people in the world, Ethereum is crypto. And today there’s no way to, say, pay for a meal on-chain without revealing your entire financial history, and that’s a bad thing. At some point Ethereum will need a workable solution…
Why is Bitcoin price down today?
The bullish momentum that propelled Bitcoin to a 55.7% year-to-date gain has all but vanished as Bitcoin’s price has lost 11.4% in the past 30 days. Bitcoin’s (BTC) price seemingly had bullish momentum after the Grayscale court victory…
The Real Reasons the Grayscale Bitcoin ETF Decision Matters
Crypto is salivating not only over the court’s pro-ETF ruling, but anti-SEC comments. The top U.S. securities regulator fell “short of the standard,” made “unexplained” calls and “failed to adequately explain” its argument. In particular,…