Trader turns $3K into $46M in PEPE, Ethereum gas overhaul, Tornado dev guilty: Hodler’s Digest, May 12-18
Trader makes millions after PEPE price soars, a new gas model for Ethereum, and Tornado Cash developer convicted. Go to Source
Month: May 2024
Microsoft faces multi-billion dollar fine in EU over Bing AI
The Redmond company could be fined as much as 1% of its annual revenue if it doesn’t respond by May 27. Go to Source
China’s $53.3B Divestment in US Treasuries Signals Massive Shift From Dollar Assets
According to records, China has divested $53.3 billion in U.S. Treasury notes and agency bonds during the first quarter. Some analysts suggest this reduction in foreign exchange reserves might be China’s strategic move to leverage its holdings against the United States. China’s Treasury Holdings Drop Dramatically, Raising Red Flags for U.S. Markets China has significantly … Read more
Value Locked in Defi Nears $100B Range Again After $11.89B Increase in 35 Days
Over the past 35 days, the total value locked in decentralized finance (defi) protocols has expanded by $11.89 billion, recovering from a low of just over $83 billion on April 13. Although it has not yet reached the $100 billion mark, the value locked in defi is approaching that milestone after hovering just below it. … Read more
14 Years Ago, an Individual Offered 10,000 Bitcoins for 2 Pizzas, Finalizing the Deal in 4 Days
Approximately 14 years ago today, Laszlo Hanyecz posted on bitcointalk.org, offering 10,000 bitcoins for “a couple of pizzas.” However, most people are not aware that it took him four days to finalize the transaction, which is now worth $670 million. The Famous Bitcoin for Pizza Offer That Took 4 Days to Complete In May 2010, … Read more
BDAG Dashboard Upgrade & X100 Miner Surpass GRT & MATIC News
BlockDAG’s Dashboard Upgrade Sets New Transparency Standard, Leading Over Polygon News & GRT Price Fluctuations While Polygon (MATIC) news highlights a bearish trend with whales dumping $14.7 million worth of MATIC, and The Graph (GRT) price shows a promising surge, BlockDAG‘s latest dashboard upgrade is setting a new standard in the crypto world. With its … Read more
Famous Investor Wants to Pour $100 Million Into Bitcoin (BTC), But Which Tokens Will Also Benefit?
Famous Investor Wants to Pour $100 Million Into Bitcoin (BTC), But Which Tokens Will Also Benefit? For several reasons, Bitcoin (BTC), the pioneer of cryptocurrencies, is on an upward trajectory, putting RCO Finance (RCOF) in good standing. The token would be a reliable store of value, offering an alternative to traditional banking, promising lower fees … Read more
Bitcoin, Solana, Bitcoin Cash, and DTX Exchange rallying
Bitcoin Nears $65k Amid Bullish Rally, Solana and Bitcoin Cash Follow, DTX Exchange Leads With $530,000 Presale Markets reacted joyously to a slew of 13F filings, with more than 563 professional investment firms owning Bitcoin (BTC). With Bitcoin nearing $65,000 amid a bullish rally, Solana (SOL) and Bitcoin Cash (BCH) are following. However, the real … Read more
‘Godfather of AI’ advises UK government to start UBI
Geoffrey Hinton also warns that advanced AI could pose an existential threat within the next five to twenty years. Go to Source
Traditional Finance In Peril As These DeFi Tokens Prepare To Take Over The Finance Market
Although commanding a small part of the entire cryptocurrency market, with a market size of about $4.6B, it remains an irrefutable fact that the DeFi market has contributed heavily to the success of the cryptocurrency industry. With hopes of cashing out and landing a big opportunity, traders and crypto enthusiasts have poured into the market, … Read more