Ethereum’s New Low-Fee Regime May Put Its ‘Ultra Sound Money’ Thesis to Test
The Ethereum network’s revenue from fees dropped to its lowest level since April 2020 as speculative activity disappeared and users migrated to layer 2s, IntoTheBlock said.
The Ethereum network’s revenue from fees dropped to its lowest level since April 2020 as speculative activity disappeared and users migrated to layer 2s, IntoTheBlock said.
The prominent Massachusetts senator has argued the Hamas connection shows it’s time to “crack down on crypto-financed crimes.”
BlockFi lost “a little over a billion dollars” due to its involvement with FTX and Alameda Research, Zac Prince said.
Majority Leader Steve Scalise dropping out means digital assets legislation remains on hold. Crypto fan Tom Emmer also won’t have the No. 2 role to seek, another potential blow.
The agency has hours left to seek an appeal of the court order to erase its rejection of Grayscale’s trust-to-ETF conversion application.
The platform’s native token has risen by 10% after the exchange came back online.
Just last year, the company raised nearly $150 million of fresh capital. Now, as crypto winter drags on, it is cutting jobs, citing “evolving market dynamics.”
Privacy stalwart Samourai Wallet is an executive producer of “Death Athletic,” a forthcoming sinema about ghost-gun firebrand Cody Wilson.
Former CEO Jean-Louis van der Velde will transition into an advisory role at Tether.
The latest price moves in crypto markets in context for Oct. 13, 2023.