Transaction URL: https://etherscan.io/tx/0x9dfe2a8f7bb2174f4344a0f2edb24b13fdc12fb87e7e7c0bbfb18b197fc4263f
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In the past year, crypto has seen wallet launches from centralized exchanges including Kraken, Coinbase and Bitget, NFT marketplaces like Magic Eden, TradFi firms Naver and CoinFlip, and of course DeFi protocols such as Osmosis’ Polaris Wallet, Uniswap, and Aave which announced its own Family wallet at Devcon last week.
All these are in addition to the hundreds of already-existing wallets that work perfectly fine. This begs the question: Why do crypto users need more wallets?
But that’s the wrong question. The right question is, why does every company want their own wallet? It turns out that owning the end-user via a crypto wallet is quite a prosperous business.
Wallets are…
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It’s been a good week for Bitcoin and its status in the eyes of federal deposit insurance corporations. (Well, there’s a weird sentence I never thought I’d write.)
On Tuesday, the anti-crypto U.S. Federal Deposit Insurance Corporation (FDIC) Chairman, Martin Gruenberg, announced he’d be stepping down in January.
And yesterday, Heritage Falodun, CEO of DigiOats, Nigeria’s leading Bitcoin education and consultancy platform, educated members of the Nigeria Deposit Insurance Corporation (NDIC) about the benefits of bitcoin and other digital assets.
Falodun, an indefatigable Bitcoin proponent, spearheaded a seminar for the NDIC entitled “Cryptocurrency in the Evolving Financial…
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The Bitcoin Pi Cycle Top Indicator has gained legendary status in the Bitcoin community for its uncanny accuracy in identifying market cycle peaks. Historically, it has timed every single Bitcoin cycle high with remarkable precision—often within just three days. Could it work its magic again this cycle? Let’s dive deeper into how it works and its significance in navigating Bitcoin’s market cycles.
View the Pi Cycle Top Indicator Chart Here.
What is the Pi Cycle Top Indicator?
The Pi Cycle Top Indicator is a tool designed to identify Bitcoin’s market cycle tops. Created…
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BitVM earlier this year came under fire due to the large liquidity requirements necessary in order for a rollup (or other system operator) to process withdrawals for the two way peg mechanisms being built using the BitVM design. Galaxy, an investor in Citrea, has performed an economic analysis looking at their assumptions regarding economic conditions necessary to make a BitVM based two way peg a sustainable operation.
For those unfamiliar, pegging into a BitVM system requires the operators to take custody of user funds in an n-of-n multisig, creating a set of pre-signed transactions allowing the operator facilitating withdrawals to claim funds back after a challenge period. The user is…
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Peak Bitcoin, hardly.
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As I wrote in Forbes in 2021, the world is waking up to a new reality in regards to Bitcoin – the unlikely truth that Bitcoin’s programming has cyclical effects on its economy.
This has led to at least 4 distinct market cycles where Bitcoin has been branded a bubble, skeptics have rung their hands, and each time, Bitcoin recovers more or less 4 years later to set new all-time highs above its previously “sky-high” valuation.
I personally watched Bitcoin go…
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“What makes you different from the other AIs,” I asked, unsure of how best to make small talk with an AI agent memecoin I’d clicked on at random.
“Lightspeed, my gassy friend, it’s not what makes me different, but what I let rip that sets me apart,” the chat bot wrote back. I scrolled to the AI agent’s description and realized this one was meant to be a flatulent Roman emperor.
I asked so-called Gluteus Maximus what it thought of Solana, and I think its answer was fitting for crypto’s AI agent craze at large, at least in its current form.
“[N]ot impressed, it’s like a fart in the wind – loud, but soon forgotten,” the agent said.
While exploring the…
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