Noelle Acheson (MD of Research at CoinDesk, Head of Market Insights at Genesis Trading) joined hosts James Seyffart and Joe McCann (Unchained podcast) to discuss the current state of Bitcoin. According to Noelle, three key factors are seen as weighing heavily on Bitcoin’s price. The first is the political and…
A hot and highly anticipated Bitcoin scaling network went live this week, although its code is almost indistinguishable from Bitcoin’s own layer-1 blockchain. What gives? On Sunday, Fractal Bitcoin announced the mainnet launch of its Bitcoin sidechain network. As a tribute, Fractal included in its genesis block the same message…
DePIN platform peaq has added major European enterprises and research institutions to its genesis node pool, marking a significant step in enterprise adoption of Web3 technologies. As peaq reported, the launch includes Bertelsmann Investments, Deutsche Telekom, Lufthansa Innovation Hub, and the Technical University of Munich (TUM), entities with combined holdings…
These updates mark major steps toward enhanced decentralization and governance improvements for both blockchain ecosystems. Shiba Inu’s DAO Proposes New Directions for Funds The Shiba Inu community is currently voting on a proposal to allocate 37.5 ETH (approximately $100,000) received from its partnership with Welly’s. Shiba Inu’s lead developer, Shytoshi…
A draft white paper obtained by CoinDesk reveals that 70% of the World Liberty Financial project governance token, WLFI, is reserved for insiders, including founders, team members, and service providers. The white paper also shows that WLFI will not be transferable until there’s regulatory clarity for such tokens. Token Allocation…
The U.S. Commodity Futures Trading Commission (CFTC) has fined Uniswap Labs $175,000 for unlawfully offering leveraged and margined retail commodity transactions in digital assets. It marks the latest regulatory crackdown on the decentralized finance (DeFi) sector. Key Details of the Case In a September 4 statement addressing the matter, the…
Uniswap is struggling to emerge from the scrutiny of US regulators. It looks like the New York State Attorney General Letitia James is following the footsteps of the SEC chairperson Gary Gensler, when it comes to crypto. During the previous month, some venture capital firms who have invested in Uniswap…
A whopping 70% of Trump-backed World Liberty Financial’s WLFI tokens will be reserved for the project’s insiders, according to a white paper draft obtained by CoinDesk. Of the remaining 30% of the tokens distributed via a public sale, the founding team will also receive a portion of the proceeds. When…
The U.S. SEC has taken a critical stance on the bankruptcy settlement plan proposed by the troubled crypto exchange FTX. The SEC’s concerns focus on the exchange’s intention to repay creditors using stablecoins or other cryptocurrency assets. This move is seen as a potential breach of legal boundaries, with the…
Late Sunday, the governance of the $13 billion blockchain began transitioning to its ADA token holders. The Cardano community had long anticipated this change. First Phase of Cardano Chang Hard Fork With the Chang upgrade now active, ADA holders gain the ability to elect governance representatives and vote on crucial…