Browsing Archive June, 2022
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Crypto influencers allegedly weaponize conspiracies to fleece QAnon followers
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Mixing conspiracy theories, a distrust for traditional institutions and hopium in crypto, two influencers are alleged to have made millions using pump-and-dump ...

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Blockchain isn’t as decentralized as you think: Defense agency report
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The report published Tuesday highlights several scenarios in which various actors can garner excessive, centralized control of a blockchain system.

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USDC’s ‘real volume’ flips Tether on Ethereum as total supply hits 55.9B
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At least on the Ethereum network, USDC real volume has nearly doubled that of USDT in the past 24 hours which could be another sign that the top stablecoin's ...

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Twitter board recommends shareholders vote for Elon Musk’s takeover
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The board stated that Twitter will be hosting a virtual meeting at an unspecified date to vote on the merger ahead of its deadline on Oct. 24.

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SEC’s Hester Peirce opposes crypto bailouts — SBF didn’t get the memo
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The commissioner made it clear she does not support bailouts for anyone in the crypto industry, arguing it's better to “let these things play out.”

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‘Disappointing’: Cardano devs delay Vasil hard fork by a month
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While IOHK admitted the news was disappointing, the firm stated it is taking an “abundance of caution” to ensure the Vasil upgrade is implemented correctly.

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Bank of Israel experiments with central bank digital currency smart contracts and privacy
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The Israeli central bank looked at trust issues and policy decisions implied in a potential digital shekel, as well as some of the technical aspects of digital ...

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Why cross-chain interoperability matters for DeFi
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With hundreds of cryptocurrency exchanges available for users to transact on, the question becomes centralized or decentralized, neither of which offers an ...

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Colombia’s new president seems to be a fan of Bitcoin
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“Virtual currency is pure information and therefore energy,” said Gustavo Petro in 2021, in regard to mining crypto in Colombia.

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Avalanche (AVAX) price drops 45% in a month and data points to further downside
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AVAX is testing support at $14.80 and the network’s DApp use is underperforming its competitors, suggesting that the easiest path forward is down.

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