After a decade of waiting, rejecting, and delaying at best, the United States Securities and Exchange Commission finally greenlighted nearly a dozen spot Bitcoin ETFs at the start of 2024. Their impact on BTC’s price has been undeniable as the demand for those products among traditional investors has skyrocketed. Now …
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Indeed, several crypto stakeholders raised concerns about the network’s inability to produce blocks for several hours. This outage prompted comparisons with Solana, raising questions about the Polygon’s reliability and scalability. Polygon (MATIC) Goes Offline Polygon attributed the downtime to a glitch in the protocol sequencer triggered by a Layer 1 …
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Generative AI art is “the contemporary movement of our time,” says Ismail Tazisaoud, founder of design studio TRAME. But while artificial intelligence is a cutting-edge technology, TRAME aims to marry it with the human touch of traditional craftsmanship, Tazisaoud told Decrypt‘s SCENE. The studio’s work was recently on display in …
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This Week on Crypto Twitter: An Eye-Popping Meme Coin NFT Sale As Ethereum Legal Worries Grow
by Sander Lutzby Sander LutzIllustration by Mitchell Preffer for Decrypt This week saw several surprising developments for the crypto ecosystem—some positive, some troubling. On Monday, an Ethereum NFT of the photo that inspired the Dogwifhat meme and eventual multi-billion dollar meme coin phenomenon sold at auction—for a whopping $4.3 million worth of ETH. Congrats, …
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However, if Bitcoin price corrects, as in the case of last week’s price action, short-term holders quickly lose ground. Despite this, their behavior and presence in the market are crucial to maintaining a healthy bull market. What Is the Significance of Bitcoin Short-Term Holders? Observing the behavior of Bitcoin short-term …
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Companies entrenched in digital assets, like Coinbase, Kraken, Binance, and Gemini, are aggressively expanding their workforce. Even traditional financial powerhouses, like Fidelity, are on the lookout for fresh talent, indicating a broader industry revival. Crypto Jobs on the Rise Specialized job boards are experiencing a remarkable surge in demand, with …
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A recent social media post by Patrick Breyer, an EU Parliament member, revealed that the ban received approval from most of the parliament’s leadership committee on March 19. This move is part of the EU’s broader anti-money laundering (AML) legislation. How Europe’s New AML Regulations Impacts Crypto The new regulations …
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–> Polygon zkEVM, the Ethereum Layer 2 network which was launched a year ago this week, appears to be suffering a network outage. Multiple block explorers show an outage of over twelve hours, at time of publishing, since a block was successfully sequenced and added to the chain. The Polygon …