The convergence of ZK-proofs and decentralized identity systems could create more compliant privacy-preserving protocols, without sacrificing user privacy.
Read more on Cointelegraph
- Crunch
- Global
Memecoins show the way
What are brand-new projects to do in such a topsy-turvy market, one that’s either teetering on the brink of altcoin season or about to veer off into another crypto winter?
It’s been about seven months since a fake news tweet from Cointelegraph pushed crypto into overdrive. The market is clearly still confused.
The salacious tweet — which reported that the SEC had approved spot bitcoin ETFs for US markets — confirmed a major bitcoin rally that had been brewing all through 2023.
Bitcoin surged by two-thirds in the months between the post and official SEC approval in early January, and then by another 80% after the fact.
Crypto has since been outright messy….
Read more on Blockworks
$1M – $10M MarketCap:
- Frutti Dino (FDT): 234%
- Wall Street Baby (WSB): 86%
- sudoswap (SUDO): 49%
- Ready to Fight (RTF): 16%
- Gala Music (MUSIC): 11%
$10M – $100M MarketCap:
- GameStop (GME): 311%
- Non-Playable Coin (NPC): 56%
- CrossFi (XFI): 29%
- ThunderCore (TT): 25%
- Pepe 2.0 (PEPE2.0): 17%
$100M – $1B MarketCap:
- Mog Coin (MOG): 29%
- Popcat (POPCAT): 24%
- ConstitutionDAO (PEOPLE): 20%
- MAGA (TRUMP): 14%
- Beldex (BDX): 14%
Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.
Join CryptoCrunchApp on Telegram Channels – Click to Join
Ah, the wild west. John Wayne, the Man with No Name, Billy the Kid and Jesse James.
The frontier has a way of capturing everyone’s imagination – young and old. The cowboys, the outlaws, the gold prospectors. A land of opportunity and harsh cruelty. Unforgiving yet irresistible.
Bitcoin was once such a frontier. The early days were rife with scams, “criminals” and underground markets. The underbelly of the internet embraced it first. It was an agora filled with foreign and obscure figures. It thrived as a counterculture, void of any rules and regulations. No government to protect you from yourself. No KYC, no AML – only your name, your PGP key, gribble, and the Web-Of-Trust….
Read more on BitcoinMagazine
DeFi’s exemption from MiCA regulation may fade as an update targets protocols with centralized components. The sector could split between hybrid and DeFi models.
Read more on Cointelegraph
Alexey Pertsev, a developer for the Ethereum-based crypto mixer Tornado Cash, has been sentenced to 64 months in prison after a Dutch court found him guilty of money laundering charges on Tuesday.
The judge stated that the platform was “intended for criminals” and that Pertsev should have been suspicious of the criminal origins of transactions.
The closely-watched case marks a major blow to financial privacy advocates. Many critics argue that Pertsev is being unfairly targeted as the developer of an open-source platform.
Further, they say he did not have control over how users chose to employ Tornado Cash to obscure transaction histories on the public blockchain.
Nonetheless, prosecutors…
Read more on BitcoinMagazine
El Salvador, breaking new ground as the first country to embrace Bitcoin as legal tender, has introduced a platform that offers public insights into its BTC investment data through a personalized instance of the open-source project mempool.space.
El Salvador bitcoin holdings, now at 5,748 BTC and valued at more than $360 million, demonstrate the country’s commitment to the digital asset.
The Bitcoin Office, a Salvadoran government-owned agency overseeing BTC-related projects, announced the platform on May 12, providing real-time access to El Salvador’s bitcoin treasury holdings. This step underscores the nation’s dedication to open governance and accountability.
El… Read more on bitcoinnews
Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether.
Read more on Cointelegraph
The Bitcoin WhitePaper is a beautiful document, but quite a technical one. For those without a background in finance, computer science, or networking, it can be a difficult read.
This essay seeks to demystify the white paper, presenting its concepts in an accessible and straightforward manner for readers without a technical background.
The Bitcoin Whitepaper: Introduction
Imagine you want to send money to your friend online. Normally, you would need to go through a bank or payment service like PayPal to make sure the transaction is secure and your money doesn’t get spent twice (double-spending).
These banks or services act as a third party or middleman….
Read more on bitcoinnews
Pertsev has been under arrest in the Netherlands since August 2022, after the United States government blacklisted Torn
Read more on Cointelegraph