Category: crypto
-
Does digital ID have risks even if it’s ZK-wrapped?
Evin McMullen, co-founder & CEO at Billions.Network, argues that zero-knowledge (ZK)-wrapped digital identity is not a solution due to the risks of coercion and loss of pseudonymity. Vitalik Buterin supports this argument, advocating for a pluralistic and decentralized model of digital identity using Profile DIDs. This approach is already in use by over 9,000 projects,…
-
The battle between Bitcoin Core vs Knots is getting ugly
The controversy between Bitcoin Core and Bitcoin Knots over the removal of the 80-byte limit on OP_RETURN data in the upcoming v30 release highlights ideological differences about the purpose and function of Bitcoin. Supporters of Core argue for innovation and user freedom, while Knots backers warn of blockchain bloat and centralization. The dispute may lead…
-
BitMEX CEO Stephan Lutz on leading crypto’s perpetual playground
Stephan Lutz, the CEO of BitMEX, discusses his background and journey in the crypto industry. He highlights BitMEX’s focus on derivatives and security measures, such as the copy trading feature. Stephan also talks about potential U.S. market expansion and upcoming plans for BitMEX in 2025 and beyond.
-
Ethereum cofounder Joseph Lubin, ‘ETH will likely 100x from here’
Ethereum co-founder Joseph Lubin praised Fundstrat’s Tom Lee’s vision for the future of finance and the expanding role of Ethereum in traditional institutions. Lubin predicts a significant increase in the value of ETH and believes that Wall Street giants will soon adopt Ethereum for their business infrastructure. Institutional buyers are already investing in ETH, marking…
-
Bitcoin’s red month; why September still shapes the crypto cycle
Bitcoin historically performs poorly in September, with losses in 8 out of the last 11 years. Retail investors may take profits after summer rallies to cover expenses. September typically marks a local bottom before rebounding in October. Recent weakness attributed to thin market order books and macroeconomic uncertainty. Traders monitor on-chain and macro signals for…
-
Bitcoin is for payments; store of value is ‘just a neat byproduct’: BitVM creator
The ongoing debate about Bitcoin as a method of payment versus a store of value continues, with prices soaring and institutional interest growing. While some argue that Bitcoin’s original purpose was for payments, the narrative has shifted towards it being seen as digital gold. The future of Bitcoin’s relevance may depend on its ability to…
-
Bitcoin outflows aren’t benefiting gold; both assets feel the pressure
Recent data shows that both Bitcoin and gold experienced outflows at the same time, deviating from historical trends. This rare correlation indicates uncertainty in the macroeconomic environment and shifting investor psychology. Until the Federal Reserve’s path is clearer, both assets may continue to face pressure and remain on the sidelines.
-
US tech stocks under pressure as AI growth shows signs of cooling
U.S. tech stocks, particularly in the semiconductor sector, faced pressure on Friday due to concerns about AI investment and disappointing earnings reports. Nvidia and Marvell Technology saw significant drops, with Nvidia facing uncertainty in sales to China. Bitcoin price also fell, reflecting broader market risk-off sentiment.
-
Is TON’s DeFi ready to lead a true financial revolution?
In 2024, the TON blockchain saw a surge in activity due to viral tap-to-earn games on Telegram, leading to a rise in daily active wallets. However, the hype-driven adoption exposed vulnerabilities, and the focus shifted towards building a more stable financial infrastructure. Institutional investments signal confidence in TON’s potential for growth and development.
-
Gumi $17M XRP acquisition aims to boost financial operations
Tokyo-based game developer Gumi Inc. plans to acquire $17 million worth of XRP over five months starting in September 2025. They see XRP as strategically important for global remittance and liquidity services. Gumi also purchased $6.8 million in Bitcoin earlier in the year and aims to build its blockchain business around both assets.