Daily Digest

The Daily Digest Substack focuses on the cryptocurrency and blockchain technology sectors, covering topics like market movements, regulatory developments, technological advancements, and significant events within the crypto community. It provides insights into the performance of major cryptocurrencies, legal challenges, adoption trends, and innovations in the space.

Cryptocurrency Market Trends Regulatory and Legal Developments Blockchain and Technology Innovations Cryptocurrency Adoption and Investment DeFi and Web3 Evolution Crypto Community and Influencer Impact Cryptocurrency Exchanges and Platforms

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Polygon Releases 'Type 1 Prover', Reaching Vitalik-set Milestone

58 implied HN points • 09 Feb 24
🕹 Technology Cryptocurrency Blockchain Ethereum Market Updates Regulations
  1. Polygon released the 'Type 1 Prover' that integrates zero-knowledge proofs with EVM-compatible networks, reducing costs.
  2. U.S. senators criticized SEC Chair Gary Gensler for unethical handling of a crypto case involving the DEBT Box project.
  3. Ethereum's 'Dencun' upgrade is scheduled for March 13-16, aiming to improve the network's efficiency and scalability.
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First SEC-Registered Crypto Platform To Offer Ether Services

39 implied HN points • 08 Feb 24
🔮 Crypto Platforms Tokens Market Expansion
  1. Prometheum is the first SEC-registered crypto platform offering Ether - a big step for integrating crypto with traditional finance.
  2. ERC-404 token emerged with unique hybrid properties, hitting a $170M market cap - showing a new trend in token creation.
  3. Ethereum's Dencun upgrade is in final testing, potentially enhancing efficiency and lowering transaction costs - a significant advancement for the platform.

Curve’s Possible DeFi Contagion

196 implied HN points • 01 Aug 23
💰 Finance DeFi Protocols
  1. Yesterday, Curve was attacked with 8% of CRV tokens compromised
  2. CRV founder took a $100 million debt backed by 47% of circulating CRV supply, risking liquidation with falling CRV prices
  3. DeFi protocols accepting CRV as collateral are at risk of contagion from the current crisis

Binance in Crisis: Senior Execs Quit Over CEO's Response to DOJ Investigation

216 implied HN points • 07 Jul 23
💰 Finance Cryptocurrency Regulation Market Updates Investigation Technology
  1. Binance is facing a leadership crisis with senior executives quitting over the CEO's response to a DOJ investigation.
  2. Bitcoin has survived its longest bear market ever, showing resilience by exiting the bear market in early January.
  3. Litecoin has become the most used cryptocurrency on BitPay, surpassing Bitcoin due to its low fees and fast transaction times.

Solang Welcomes Ethereum Developers to Solana as GameShift Revolutionizes Web3 Gaming

196 implied HN points • 20 Jul 23
🕹 Technology Cryptocurrency Blockchain Market Updates
  1. Solang is inviting Ethereum developers to build on Solana, strengthening its position in the crypto space.
  2. GameShift by Solana Labs is simplifying Web3 game development, potentially attracting more developers to the platform.
  3. Elon Musk's tweet about Dogecoin led to a $320 million increase in its value in just 15 minutes, showing the impact of influential figures on the crypto market.

Whales Take Advantage Of Token Dips

19 implied HN points • 22 Jan 24
🔮 Crypto Market Update News Bankruptcy
  1. Crypto whales strategically buy popular cryptocurrencies during market dips for potential gains.
  2. Ethereum's Dencun upgrade aims to reduce transaction fees by up to 90% for enhanced scalability.
  3. Terraform Labs files for bankruptcy in the US after the collapse of TerraUSD and LUNA.

Asia Eyes Bitcoin ETFs

0 implied HN points • 29 Jan 24
💰 Finance Cryptocurrency Security Scams ETFs Auctions
  1. Asia is likely to approve Bitcoin ETFs, with Australia, Hong Kong, Singapore, and UAE showing interest.
  2. In 2023, $674 million of stolen crypto was recovered, showing a drop in losses due to scams.
  3. Sotheby's auctioned off a poem as a Bitcoin Ordinals NFT, a unique step for the auction house.

U.S. To Auction $118M in Seized Bitcoin

0 implied HN points • 26 Jan 24
🔮 Crypto
  1. The U.S. government is planning to auction off $118 million worth of seized Bitcoin.
  2. Google will start allowing crypto ads on January 29, marking a big change in digital advertising.
  3. Redditors were quick to buy Bitcoin when its price dropped, showing a different sentiment from other social media platforms.