Next Bitcoin bull run to be half story, half utility: Mike Novogratz at Token2049
The next Bitcoin rally will require fast and scalable systems, which the community is yet to build, Galaxy Digital CEO Mike Novogratz.
The next Bitcoin rally will require fast and scalable systems, which the community is yet to build, Galaxy Digital CEO Mike Novogratz.
2022 has proven to be a regulatory disaster for Thailand’s largest crypto exchange as it has faced multiple enforcement actions and fines worth hundreds of thousands of dollars.
An MEV bot gained massive profits worth $1 million by seizing an arbitrage opportunity. However, it was tricked into authorizing a malicious transaction that drained the funds.
Fresh losses are contained only after $2,000 gets wiped from the BTC spot price, with a recovery yet to make an appearance.
Can Web3 replace Web2… and what stands in the way of this happening? We look at some of the biggest challenges facing this burgeoning sector right now.
Acquiring the assets of Celsius would imply FTX’s intent to save the lending firm, similar to what FTX US did for Voyager by securing the winning bid of approximately $1.4 billion.
An NFT collector borrowed 1,044 ETH against two MAYC NFTs, just to purchase another MAYC NFT for 1,000 ETH, and Sega is set to drop its first blockchain game.
Over $12 million in value was issued in the pilot with commercial and central banks in Hong Kong, Thailand, the UAE and China taking part.
The paper’s authors say Central Bank Digital Currencies are problematic for the future of individual and economic freedom but crypto is a viable alternative.
Jerome Powell acknowledged that DeFi will start to reach more retail customers, highlighting the need for regulation.