Month: April 2025
Bitcoin acts like ‘store of value that it is’ amid Trump policy chaos: NYDIG
Bitcoin is starting to act as a store of value during times of “US-risk-off” sentiment, marking a potential shift in its relationship with traditional assets, according to the New York Digital Investment Group. Bitcoin (BTC) felt “noticeably different” over the trading week ended April 25, NYDIG’s global head of research Greg Cipolaro said in an … Read more
Grayscale Still Tops All US Spot Bitcoin ETFs in Revenue
Despite heavy outflows since January 2024, GBTC’s 1.5% fee still generates $268 million a year, outpacing rivals’ combined $211 million.
Bitget Takes Legal Action Over Alleged $20M Manipulation of Gaming Tokens
Bitget has vowed to airdrop the recovered funds to users as questions swirl around the cause of the exploit.
Nike sued for $5 million over its shutdown of NFT platform RTFKT
Nike has been hit with a class-action lawsuit that accuses the sportswear giant of operating a rug pull for shuttering its non-fungible token (NFT) platform RTFKT in January. A group of RTFKT users led by Jagdeep Cheema claimed in the proposed class suit filed in a Brooklyn federal court on April 25 that they suffered … Read more
Researcher proposes scaling Ethereum gas limit by 100x over 4 years
The Ethereum mainnet’s gas limit could theoretically grow 100-fold and reach 2,000 transactions per second under a new Ethereum Improvement Proposal (EIP) put forward by Ethereum Foundation researcher Dankrad Feist. Feist, who had the blockchain’s “danksharding” data storage solution named after him, put forward EIP-9698 on April 27, which would introduce a “deterministic gas limit … Read more
The group chats that changed America
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From coding tests to billion-dollar startups, Ali Partovi’s eight-year experiment is paying off
In Silicon Valley, where the same high-wattage names tend to dominate the headlines, Ali Partovi has long wielded outsized influence despite limited name recognition. The Iranian-born Harvard graduate built an impressive resume early on — joining the founding team of LinkExchange (acquired by Microsoft in 1998 for $265 million), co-founding iLike (sold to MySpace for … Read more
Early cancer detection startup Craif raises $22M
Cancer ranks as one of the top causes of death worldwide. The National Cancer Institute reported nearly 20 million new cancer cases and 9.7 million cancer-related deaths globally in 2022, with projections showing a rise to 29.9 million new cases by 2040. Craif, spun off from Nagoya University in Japan in 2018, is using microRNA(miRNA) … Read more
Presentation Slides with Markdown
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Bitcoin Isn’t a Financial Asset Anymore
The fourth Bitcoin halving finished around one year ago today. If you read the crypto news at all, basically everyone predicted that Bitcoin’s price would skyrocket. Yet, in the ensuing six months, Bitcoin’s price remained remarkably stable (excluding a few 15% swings, which are baby steps for Bitcoin). That was until the night of the … Read more
New Bitcoin price all-time highs could occur in May — Here is why
Key takeaways: Heavy liquidations played a role in Bitcoin’s return to $95,000. Bitcoin’s weakening correlation with stocks highlights its growing independence as an asset. Bullish institutional investor positioning contrasts with retail traders’ caution, supporting a rally above $100,000. Bitcoin (BTC) gained 11% between April 20 and April 26, demonstrating resilience by holding near its two-month … Read more
Norway’s sovereign wealth fund lost $40B in Q1— Will it hedge risk by increasing Bitcoin exposure?
Key takeaways: Norges Bank lost $40 billion in Q1 2025 as US tech stocks fell, exposing the risk of concentrated positions. The bank’s indirect Bitcoin exposure via stocks reached $356 million, raising sell pressure risk amid a global trade war and recession concerns. Abu Dhabi’s $437 million spot Bitcoin ETF stake shows sovereign wealth funds … Read more
Restoring a Sinclair C5
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Beating the Crowd
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