China

South Korean retail keeps buying ether hoarder BitMine despite 80% drop: Report

Despite an 80% drop in value, South Korean retail investors continue to purchase Ether from the cryptocurrency mining firm BitMine. The company's significant holdings of Ether have attracted attention, as retail interest remains strong even amid market volatility. Analysts suggest that this trend reflects a broader confidence in Ethereum's long-term potential. BitMine's strategy appears to resonate with local investors, who are undeterred by recent price declines. The ongoing purchases highlight a persistent demand for Ether in the South Korean market.

Read the full article: CoinDesk

Ethereum's Vitalik Buterin Going All-In on Decentralized Social Media as Farcaster, Lens Change Hands

Ethereum co-founder Vitalik Buterin is fully endorsing decentralized social media platforms, particularly Farcaster and Lens, as they transition to new ownership. This shift highlights a growing interest in decentralized alternatives to traditional social media, aiming to enhance user control and privacy. Buterin's involvement underscores the potential of blockchain

Coinbase CEO Brian Armstrong spars with France’s Central Bank chief at Davos over yield and ‘bitcoin standard’

At the World Economic Forum in Davos, Coinbase CEO Brian Armstrong engaged in a debate with France’s Central Bank chief, François Villeroy de Galhau, regarding cryptocurrency yields and the concept of a "bitcoin standard." Armstrong advocated for the potential of cryptocurrencies to offer higher yields compared to

Senate Agriculture publishes own version of market structure bill without bipartisan support

The Senate Agriculture Committee has released its own version of a market structure bill aimed at regulating the cryptocurrency industry, but it lacks bipartisan support. The bill proposes a framework for overseeing digital assets, focusing on consumer protection and market integrity. Critics argue that the absence of bipartisan backing could

Expect AGI Within a Few Years, Says Anthropic CEO—and Job Losses Too

Anthropic CEO Dario Amodei predicts that artificial general intelligence (AGI) will be developed within a few years, emphasizing its potential to revolutionize various sectors. He warns, however, that the rise of AGI could lead to significant job losses as automation replaces human roles in the workforce. Amodei highlights the importance

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Ethereum's Vitalik Buterin Going All-In on Decentralized Social Media as Farcaster, Lens Change Hands

Coinbase CEO Brian Armstrong spars with France’s Central Bank chief at Davos over yield and ‘bitcoin standard’

Senate Agriculture publishes own version of market structure bill without bipartisan support

Expect AGI Within a Few Years, Says Anthropic CEO—and Job Losses Too