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Ordinals and BRC-20 will disappear in a matter of months, says JAN3 CEO
The latest hype around Bitcoin Ordinals and BRC-20 tokens is unsustainable and will fade away in a matter of months, according to JAN3 CEO Samson Mow. “These guys are basically paying massive amounts of fees that go directly to Bitcoin…
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US Justice Department on the hunt for DeFi hackers and thieves: Report
The United States Justice Department’s crypto enforcement team is cracking down on Decentralized Finance (DeFi) hackers and exploiters, amid a four-year rise in illicit crypto activity.In a Financial Times report published on May 15, Eun…
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Could Bitcoin Be Your Financial Lifesaver?
Large banks like Credit Suisse are faltering and requiring bailouts, which leads to the question: Is your money really safe in traditional banking systems during a banking crisis? With Bitcoin and other cryptocurrencies gaining…
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Ethereum’s Beacon Chain is updated after finality issues
Ethereum core developers rolled out patches for Prysm Labs and Teku clients as a response to two Beacon Chain finality issues within a 24-hour period. The Beacon Chain serves as the consensus layer for the Ethereum network. On May 11,…
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Coinbase screws up, Florida bans CBDCs, and Bitcoin Ordinals…
Top Stories This Week
Coinbase calls Pepe a ‘hate symbol,’ prompting calls to boycott the exchange
An email sent out to Coinbase customers describing the Pepe the Frog meme as a “hate symbol” co-opted by alt-right…
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French Crypto Trader Jailed for 18 Months for Buying a Ferrari With Bitcoin – Regulation Bitcoin…
A French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing a Ferrari using bitcoin. Clausi’s arrest and subsequent jailing came after a woman, who sold him a Ferrari for…
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BTC Critic Erdogan vs. Crypto Enthusiast Kilicdaroglu
The Presidential elections in Turkey (May 14) could have a pivotal role in the country’s future financial condition. They could also affect the local cryptocurrency industry since the two leading candidates – Recep…
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MakerDAO publishes 5-phase roadmap featuring funding for open-source AI projects
MakerDAO, the decentralized autonomous organization (DAO) behind the Dai stablecoin and its related Maker governance token, recently announced a slew of planned updates to its ecosystem, including a heavy focus on artificial intelligence…
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Phantom Launches Multichain App, Will Support Ethereum and Polygon
The leading retail-facing self-custody cryptocurrency wallet on Solana, Phantom Wallet, revealed that it will support Ethereum and Polygon for all browsers, Android, and iOS users.
According to the press release shared…
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Bakkt delists majority of tokens from recently acquired Apex Crypto platform
Digital asset firm Bakkt has dropped 25 of the 36 crypto tokens listed on its recently acquired trading platform Apex Crypto. A spokeswoman for the company told Cointelegraph on May 12 that the decision was "part of our regular coin…
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