Market not catching up with movements in background
The New York State Attorney General’s (NAYG) recent legal action against Galaxy Digital over its promotional ties to the now-collapsed cryptocurrency Terra (LUNA) was unfair and an abuse of the legal system, says SkyBridge Capital and founder Anthony Scaramucci. “It’s LAWFARE, pure and simple due to an obscure but dangerously powerful New York law known…
Ether’s (ETH) declining appeal as an investment comes from layer-2’s draining value from the main network and a lack of community pushback on excessive token creation, a crypto venture capitalist says. “The #1 cause of this is greedy Eth L2s siphoning value from the L1 and the social consensus that excess token creation was A-OK,”…
Ether’s (ETH) declining appeal as an investment comes from layer-2’s draining value from the main network and a lack of community pushback on excessive token creation, a crypto venture capitalist says. “The #1 cause of this is greedy Eth L2s siphoning value from the L1 and the social consensus that excess token creation was A-OK,”…
Arthur Hayes speaks on stage during Bitcoin Conference 2023 (Photo by Jason Koerner/Getty Images for Bitcoin Magazine)
By Shaurya Malwa Fri, 04 Apr 2025 05:45:54 +0000 (Getty Images) Read full article at CoinDesk
Source: CoinTelegraph By Cointelegraph by Martin Young Fri, 04 Apr 2025 07:17:43 +0100 Online battle royale shooter Fortnite has just added a new secret “Dill Bits” server mine location to its latest map update — prompting a small spike in an otherwise obscure memecoin. Videos on social media show a new “Dill Bit” server farm…