Meta’s former stablecoin exec launches LightSpark, adopting Bitcoin
After years of attempting to launch a stablecoin for Meta (formerly Facebook), David Marcus has adopted Bitcoin and its Lightning Network.
Aaron Wise
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Former SEC director Hinman made millions from a pro-Ethereum firm during tenure
A whistleblower has asked the SEC to investigate a former director, William Hinman, and his financial ties to a pro-Ethereum entity.
— Basis Cash, Kwon
Basis Cash: The failed algorithmic stablecoin Do Kwon didn’t learn from
CoinDesk revealed failed algorithmic stablecoin Basis Cash was created by Terra's Do Kwon and BitClout's Nader Al-Naji.
— Crypto, Stablecoin
Here’s how crypto’s third largest stablecoin Terra (UST) collapsed
Third-largest stablecoin UST de-pegged from the US dollar, traded as low as $0.62, and lost over $4 billion in market capitalization.
Here’s why Ethereum 2 staking is risky and increases centralization
Proof-of-work will be phased out and replaced with proof-of-stake, a change that comes with a costly barrier to entry for most miners.
The play-to-earn crypto bubble has popped — Axie Infinity leads, down 99% from ATH
Once touted as a legitimate way to earn a living, the play-to-earn crypto industry has disintegrated. Here's how major players fared to-date.
Panama’s crypto law nixes cap gains, stops short of legal tender
The Panamanian Legislative Assembly has unanimously passed a bill recognizing digital assets as foreign-source income in a 40-0 vote.
— Bitcoin, Central African Republic
Central African Republic hasn’t quite adopted Bitcoin — here’s what its new law says
Confusion persists in the aftermath of the Central African Republic's seeming approval of Bitcoin as legal tender. Here's what happened.
BIP-119: Here’s everything you need to know about the Bitcoin proposal
The proposal would allow covenanted wallets, meaning some coins could only be spent if they meet certain predetermined conditions.
Hackers breach NBA playoffs NFT contract hours after launch
"The Association" collection comprised 18,000 images -- that's 75 pictures of each pro basketball player in the 2022 NBA playoffs.