Solana might just be winning the GENIUS Era
Solana doesn’t host the most stablecoins. And yet: it boasts the fastest-growing stablecoin supply. In the nearly 3 months since Trump signed the GENIUS Act, Solana’s stablecoins in circulation have jumped over 40%, reaching $15b.
Mike McCaffrey had a secret penthouse in the Bahamas but he was too cheap to buy his own $30 drink. I hope you enjoyed that Macallan, buddy. I didn't appreciate the bill.
SCOOP: The chief architect of Solana's once mighty stablecoin exchange Saber hid behind anonymous developer accounts to pump billions of dollars into his DeFi empire.
coindesk.com/layer2/2022/08…
Professional update: After 5.5 years of journalism at CoinDesk I've started my next chapter with the @bitwise Research team. I'll be helping anchor their analysis of Solana, Ethereum, L2s and beyond. Those who know me for scoops, stay tuned. My spicy takes era is nigh!
My latest in CoinDesk: Hayden Davis bragged of buying influence in Milei's inner circle months before the Argentine President promoted the Libra memecoin launch.
"I control that n****," he wrote in text messages.
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Pokémon and other TCGs are about to have their “Polymarket moment.” Here’s why you should be paying attention:
Most of crypto’s teal world asset (RWA) plays cater to well-established TradFi markets, like treasuries, real estate, gold and stocks. Sure, tokenization brings these
SCOOP: JPMORGAN LAUNCHES IN-HOUSE BITCOIN FUND
“I am not a Bitcoin supporter," Jamie Dimon has said. “On the other hand, clients are interested and I don’t tell clients what to do.”
coindesk.com/jpmorgan-launc…
The SEC's Salt Lake City office – notorious in the crypto world for its failed fraud lawsuit against DEBT Box – will shut down after seeing "significant attrition" among its staff, some of whom were pushed out over the case.
Exactly one year ago CoinDesk's Ian Allison exposed Alameda Research's kinda funky balance sheet
It set off a chain of events that led to this day: the conviction of Sam Bankman-Fried on massive fraud charges
This is the power of journalism
Crypto has proven to be Tulipmania. As prices rise, tulip bulbs and #crypto currencies multiply until supply swamps demand at previous market clearing prices.