Author: e_cash_top
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Custodia Bank files notice of appeal in Federal Reserve case
[ad_1] Custodia Bank filed a notice of appeal in its ongoing case against the US Federal Reserve on April 26. The bank intends to appeal an earlier judgment that denied its entitlement to a Federal Reserve master account, a service that allows access to the central bank’s system without relying on intermediary banks. Additionally, Custodia…
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Arthur Hayes believes Treasury’s next policy decision will lead to renewed surge for crypto, stocks
[ad_1] Former BitMex CEO Arthur Hayes believes the upcoming US Treasury policy actions under Secretary Janet Yellen could significantly influence the liquidity landscape and potentially catalyze rallies for crypto and stocks. Hayes said the market should stop focusing on the Fed’s policy decisions because the Treasury only has three options for its policy action next…
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US government appoints Sam Altman, other tech execs to newly established AI safety board
[ad_1] The US Department of Homeland Security (DHS) established an AI Safety and Security Board and named 22 members, comprising tech firm executives and other experts in the field, according to an April 26 press release. The members include OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei, and the heads of major tech companies like…
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URPD analysis: 7% of Bitcoin’s supply locked in $60,000 to $65,000 price range
[ad_1] Quick Take The URPD metric by Glassnode provides insights into the distribution of Bitcoin unspent transaction outputs (UTXOs) based on their creation prices. Each bar in the chart represents the quantity of existing Bitcoins that were last moved within a specified price range. URPD: (Source: Glassnode) Bitcoin has maintained a price above $60,000 since…
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Bitcoin weathers turbulent April, down 11% amid tax sell-offs, gold surge, and geopolitical tensions
[ad_1] Quick Take April has been a turbulent month for Bitcoin, with its price trading around $70,000 at the start of the month before encountering a series of challenges that brought it to local lows just below the $60,000 mark. Despite nearly four days remaining in the month, Bitcoin is currently trading at around $64,000.…
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Pantera bought more Solana tokens from FTX’s bankruptcy auction
[ad_1] Venture capital firm Pantera Capital successfully acquired an undisclosed amount of discounted Solana tokens in a recent auction orchestrated by the bankrupt FTX exchange managers. While specific details of the auction are not fully disclosed, Pantera Capital, alongside industry stalwarts like Galaxy Digital, had previously made significant investments in SOL tokens, totaling around $1.9…
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Metaplanet Inc. purchases 1 billion yen worth of Bitcoin
[ad_1] Quick Take Metaplanet Inc. finalized its acquisition of 97.85 Bitcoins, amounting to a total purchase price of 1 billion Japanese yen. The investment and consulting company, listed on the Tokyo Stock Exchange, announced its purchase in a post on X on April 24. Metaplanet Inc. first announced its plans to purchase Bitcoin on April…
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Surge in Bitcoin fees short-lived as Runes transactions dip
[ad_1] Quick Take The Bitcoin halving on April 20 catalyzed a surge in miner fees, largely due to the highly anticipated introduction of Runes. Initially, Runes dominated transaction volumes, reaching over 750,000 transactions, approximately 73% of the total transactions on April 23. However, according to Dune Analytics data, subsequent days witnessed a gradual decline in…
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How Neon EVM blends Ethereum and Solana to boost blockchain app development: Interview
[ad_1] In a rapidly evolving blockchain landscape, Neon EVM emerges to bridge the gap between the Ethereum and Solana ecosystems. In this insightful interview, Davide Menegaldo, Neon EVM’s Chief Commercial Officer, sheds light on the platform’s innovative approach to improving user experience and driving mainstream adoption of decentralized applications (DApps). Neon EVM is an Ethereum…
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Bitcoin core developer says Runes ‘exploit design flaws’
[ad_1] Bitcoin core developer Luke Dashjr has criticized the Runes protocol, suggesting it exploits a fundamental design flaw within the blockchain network. In an April 26 post on X (formerly Twitter), Dashjr delineated the disparity between Ordinal Inscriptions and the Runes protocol in how they interact with the network. He clarified that while Ordinals capitalize…