Latest from Shaurya Malwa
Ripple is earning fees financing leveraged stock bets, a business long run by banks
The crypto company's $1.25 billion acquisition of Hidden Road has opened a corner of Wall Street where funds pay to amplify daily moves in stocks such as Nvidia and Sandisk.
Ethereum’s Glamsterdam test runs near 200 million gas per block after upgrade
The Sepolia rehearsal has raised its processing budget more than threefold, but sampled blocks used less than half that allowance.
Bitcoin breaks below $83,000 as oil jumps on Iran strike-plan report
Bitcoin has slipped under a level FxPro says opens a "quick path to $80,000." Brent crude climbed above $102 and pushed Treasury yields back toward their highest since 2002.
Live updates: Bitcoin edges up from worst levels as yields pull back
Ether underperformed, losing 6% after Tom Lee said Bitmine would soon stop purchasing additional ETH.
Pudgy Penguins’ Abstract becomes second Ethereum layer 2 to shut in a week
The consumer-focused blockchain will close Dec. 15 after Igloo spent tens of millions supporting it, days after Blast said its own network was no longer worth operating.
Cardano gives token issuers power to freeze, seize and restrict assets
The new standard is aimed at regulated stablecoins, funds and bonds whose issuers need identity checks, sanctions controls and other transfer rules built into the asset itself.
Bitcoin dips below $84,000 as oil jumps on Iranian tanker attacks
Bitcoin briefly broke under the level analysts flagged as the point where sellers take over. Oil and the dollar both climbed.
Live updates: Bitcoin remains locked in range as stocks notch another new record high
FxPro says a slide below $84,000 would hand control to sellers and put $80,000 in play. Minutes from the Fed's last meeting come out Wednesday.
U.S. scraps proposed $10,000 reporting rule for crypto sent to private wallets
FinCEN withdrew two proposals that had hung over self-custody and crypto mixers for years without ever taking effect.
Ethereum’s Glamsterdam test gets last-minute fix before major capacity jump
One of Ethereum’s main validator clients updated its software hours before a Sepolia test that will raise the amount of work each block can hold to 200 million gas.
