Publicly traded bitcoin (<a href=”httpss://www.coindesk.com/price/bitcoin/ ” target=”_blank”>BTC</a>) miners are approaching the milestone of an aggregated $40 billion market cap, according to <a href=”httpss://farside.co.uk/miners/” target=”_blank”>Farside data</a>, doubling in seven months as bitcoin’s price rocketed through multiple record highs to approach six figures for the first time. Miners’ biggest challenge is revenue. The reward they receive for […]
Celsius to Make Second Payout to Creditors ‘Soon’ as Mashinsky Awaits Day in Court
Celsius will soon begin a second distribution of funds to creditors, according to a court filing on Nov. 27. A total of $127 million will be given out in bitcoin (BTC) or USD to creditors in five classes including retail borrower deposit claims, general earn claims, withhold claims, unsecured loan claims, and general unsecured claims. […]
White House Crypto Czar?
We don’t know a lot yet about Donald Trump’s crypto plans, but we can at least see what’s happened so far. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. <a href=”httpss://www.coindesk.com/newsletters/state-of-crypto” target=”_blank”>Click here</a> to sign up for future editions. A crypto czar … and a crypto ambassador […]
The Protocol: Bitcoin Bridged Trustlessly to L2; Ethereum’s Blob Mob
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Marc Hochstein, CoinDesk’s deputy editor-in-chief for features, opinion and standards. IN THIS ISSUE: Ethereum’s blob mob Staking on Starknet Avalanche’s big upgrade L2 teams beam over Beam Chain Sui suffers a brief outage Bitcoin bridged, trustlessly This article […]
Vitalik Buterin Donated $1M in Ether to Coin Center Hours After Tornado Cash Victory
Ethereum co-founder Vitalik Buterin donated 320 ether — worth over $1 million — to crypto think tank Coin Center on Tuesday night, according to blockchain data. Buterin’s donation came mere hours after a U.S. appeals court overturned U.S. sanctions against embattled crypto mixing service Tornado Cash, ruling that Tornado Cash’s smart contracts “are not the […]
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