The origin story of one of the largest AI policy war chests in the world starts with a dog coin, a closet in Canada, and a 78-digit number. In 2021, the creators of Shiba Inu sent a massive chunk of SHIB tokens to Vitalik Buterin’s wallet without asking. The idea was simple. Put “Vitalik owns…
It’s not out of the realm of possibility that Strategy (MSTR) could be the owner of 1 million bitcoin — or nearly 5% of the 21 million bitcoin that will ever be created — by the end of 2026. The company currently holds 738,731 BTC, meaning it would need to acquire another 261,269 BTC to…
Former U.K. Prime Minister Boris Johnson has called bitcoin BTC$70,754.50 a “giant Ponzi scheme,” prompting a swift rebuttal from Strategy chairman Michael Saylor and other netizens. In a column published in the Daily Mail and posted on social media platform X, Johnson wrote that he had long suspected cryptocurrencies relied on “a supply of new…
The Ethereum Foundation (EF) said it finalized the sale of 5,000 ether (ETH) in an over-the-counter transaction with one of the top crypto treasury firm Bitmine Immersion Technologies. The sale cleared at an average price of $2,042.96 per ETH, the Foundation said, placing the transaction’s value at roughly $10.2 million. The non-profit organization, established in…
The ongoing war in the Middle East hasn’t just disrupted the flow through the Strait of Hormuz, but it has also hit a plethora of high-profile business events in the region, including major crypto conferences. TOKEN2049 Dubai, one of the largest crypto conferences in the world, will not take place this year. Organizers said the…
The blockchain trilemma reared its head once more at Consensus in Hong Kong in February, to some extent, putting Charles Hoskinson, the founder of Cardano, on the back foot – having to reassure attendees that hyperscalers like Google Cloud and Microsoft Azure are not a risk to decentralisation. The point was made that major blockchain…
Wall Street is racing toward tokenized equities and 24/7 trading, but many institutional investors are wary of the instant settlement model. Tokenization refers to representing traditional assets such as stocks on blockchain networks. In theory, the approach could modernize market infrastructure that dates back decades, allowing securities to move and settle instantly while potentially enabling…
Brazil’s leading cryptocurrency and fintech industry groups have warned that expanding a financial transaction tax to stablecoin operations could harm innovation and violate existing law. In a joint statement shared with CoinDesk, industry associations ABcripto, ABFintechs, Abracam, ABToken and Zetta said recent discussions about extending a tax on financial operations (locally known as Imposto sobre…
To get an idea of how big a deal AI-based commerce could be for crypto, ask entrepreneurs and developers involved in digital assets, particularly stablecoins. They’ll happily tell you blockchain-based money is the natural fit, an essential element in the mix and so forth. Their logic is simple. Over the past few years, stablecoins —…
Opinion by: Ana Carolina Oliveira, chief compliance officer at Venga Crypto doesn’t have a money laundering problem on its own. At least, not when compared to traditional finance, where the practice is at least twice as prevalent and over 90% of which is believed to go undetected. Money laundering is a general problem wherever we…
