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Usual Protocol, an upcoming decentralized finance (DeFi) protocol that has seen a remarkable rise over the past few months, faced community backlash on Friday after a tweak to the protocol’s return-generating token triggered a selloff in secondary markets. Amid the turmoil, the protocol’s USD0++ token, which represents a locked – or staked – version of […]

Pakinomist – See Pakinomist’s selection of the three best news stories over the past 24 hours. 69,000 BTC could be sold by the US government The US government has been allowed to liquidate 69,370 Bitcoins seized from the Silk Road market. The plaintiffs (Battle Born Investments Company, First 100 and 1st One Hundred Holdings) sought

Enforcement director Ian McGinley is leaving the Commodity Futures Trading Commission in a week, ending a relatively short tenure that saw some high-profile crypto cases. He arrived at the agency in February 2023, a month before the CFTC sued Binance and then-CEO Changpeng Zhao for violating US commodity laws. During his tenure, he also oversaw

Pakinomist – A remarkable prediction by Hal Finney, one of the most prominent early pioneers, has resurfaced after 16 years. Bitcoin historian Pete Rizzo reignited interest in the iconic prediction in a recent tweet. 16 years ago, Hal Finney had predicted a future Bitcoin price of $10 million when the cryptocurrency was still valued at

Weakness in bitcoin (BTC) has spilled over to other crypto majors from Solana’s SOL to memecoin dogecoin (DOGE), data suggests current levels may prove ripe for risk traders. “Crypto’s top meme coin Dogecoin has been extremely quiet outside of a temporary run-up at the beginning of the year,” research firm Santiment wrote in a Thursday

Pakinomist – Michael Saylor, vocal evangelist and MicroStrategy executive manager, has ignited the BTC community with his latest Bitcoin-themed tweet. Michael Saylor published his Bitcoin motivational tweet, hinting that Bitcoin will be widely used in the world in the future and it is a good idea to buy it now before it is too late.

Babylon Labs, developer of the largest BTC stake protocol, is building a trust-minimized Bitcoin bridge with the Cosmos network to improve the interoperability of the world’s oldest blockchain. Working with Bitcoin developers Fiamma, Babylon uses the BitVM2 computing paradigm, which is designed to allow Ethereum-style smart contracts on Bitcoin, which then paves the way for

Pakinomist – The official X account of the team behind the iconic meme cryptocurrency, created and launched by software engineers Billy Markus and Jackson Palmer in 2013, has published a tweet comparing Dogecoin to – and not in favor of the latter. The post was inspired by the recent news that the 10,000 Bitcoin used

Recent figures reveal that cybercrime caused German companies $298 billion in losses in 2024 alone, with 90% of companies surveyed expecting the damage to rise further. The primary goals? Sensitive data such as intellectual property, patents and user information. These alarming statistics underscore the urgent need for more secure and scalable data infrastructure to mitigate

Pakinomist – Policymakers in Germany are considering options required for the country to adopt (BTC) and become competitive in the digital currency space. This was part of the discussions at a recent Blockchain Roundtable in the German Parliament. Patrick Hansen, Circle’s Senior Director for EU Strategy & Policy, revealed this in a post on X.