Technology
Adoption
Government of Malaysia proposes Bitcoin, crypto as legal tender
The Communication Ministry of Malaysia has proposed to the Malaysian government that cryptocurrency such as bitcoin should be adopted as legal transfer, its deputy minister Zahidi Zainul Abidin told Parliament on Monday.
Regulation
EU regulators: Be ready to lose all your money in crypto
In a joint statement by the three EU securities, banking and insurance watchdogs, the regulators warn European consumers of investing in cryptocurrencies and other digital assets as they may lose all their money.
Merge
Five reasons why the Ethereum Merge will occur in June
With the Ethereum Kiln testnet up and running, a merge test run recently completed successfully, and no major hurdles remaining, everything seems lined up for The Merge to commence as soon as all tests are done.
Mining
Corporate treasuries: These mining outfits hodl the most bitcoin
Though bitcoin miner reserves have decreased significantly, most public bitcoin miners aim to keep as much as possible of the bitcoin they mine. Why do miners pursue this balance sheet strategy, and which miners hodl the most bitcoin?
Partnerships
How Replay and Theta’s blockchain technology can disrupt the video streaming market
The back-end of video streaming is often opaque for content creators, including how revenue is shared. Powered by the Theta blockchain, Replay’s protocol benefits content owners/creators by offering complete transparency and control.
DeFi
Binance app to integrate PancakeSwap, Binance DeFi Wallet
Binance is about to integrate the popular decentralized exchange PancakeSwap into its app. At the same time the exchange is announcing the non-custodial Binance DeFi Wallet enabling users to switch between Binance and DeFi.
Derivatives
Synthetix to launch perpetual futures on Ethereum scaling solution Optimism
Later this week, the synthetic assets protocol Synthetix will launch its service on Optimism, the optimistic roll-up scaling solution on Ethereum. The launch will imply an upgrade to the protocol, and trading will initially be limited.
Merge
Ethereum PoS testnet Kiln launched, merged and kickin’
Only two days after its launch, the Ethereum merge Kiln testnet has now transitioned from running proof-of-work consensus mechanism, to running proof-of-stake. This successful merge is considered the last major step before the merge of the Ethereum mainnet.
Analysis
Bitcoin on Coinbase declined 36% since all-time-high, here’s what could come next
Two years from the March 2020 crash, markets are in a delicate balance. The risk of a similar crash is building up, and such an event would be consistent with the ends of prior bear cycles. However, the longer-term accumulation trends are still impressively constructive.
Analysis
Gas fees: Ethereum is now cheaper than Polygon
With gas fees as low as 10 gwei, Ethereum’s layer-1 is becoming a bargain deal, even compared with sidechains like Polygon. Ethereum gas fees are now at their lowest since July 2020.
Analysis
Solana and Terra’s trading volume soared last year, as bitcoin and ether dropped
The past year has seen major changes in trading interest. It's been well documented that LUNA and SOL have emerged into the top 10 market cap assets with very high volume. But this has come at the expense of BTC and ETH volumes.
Investments
Whale moves $1.17 billion in BTC out of Coinbase as U.S. inflation soars
Judging by three big transactions from Coinbase Pro to an anonymous BTC wallet, some institutional entity may have made a huge purchase of bitcoin. The move comes at the same time as the U.S. reports the highest inflation rate since 1982.