Author: Ethan Carter
Ethan is a seasoned cryptocurrency writer with extensive experience contributing to leading U.S.-based blockchain and fintech publications. His work blends in-depth market analysis with accessible explanations, making complex crypto topics understandable for a broad audience. Over the years, he has covered Bitcoin, Ethereum, DeFi, NFTs, and emerging blockchain trends, always with a focus on accuracy and insight. Ethan's articles have appeared on major crypto portals, where his expertise in market trends and investment strategies has earned him a loyal readership.
Opinion by: Nicholas Krapels, head of research and development at MantraBy 2035, the real-world asset (RWA) market is projected to exceed $60 trillion, positioning green RWAs as a crucial subsector in the global onchain movement.Currently, tokenized green assets account for less than 1% of total climate assets and a similarly negligible portion of RWAs, which are predominantly tokenized treasuries.However, as the value of green assets is set to surge and tokenization rates increase, the green RWA market presents a significant growth opportunity.Emerging platforms are tokenizing billions in green creditsUpcoming stringent EU regulatory frameworks are expected to significantly accelerate global carbon…
Overview Phil Steck, a member of the New York State Assembly, introduced a 0.2% tax on cryptocurrency transactions made within the state last week. This revenue aims to support schools in addressing substance abuse issues in upstate New York. Steck clarified that stablecoins would not be exempt from this tax. According to New York State Assemblymember Phil Steck, the proposed tax on crypto transactions will remain unchanged, without exemptions for stablecoins intended for everyday transactions, he told Decrypt. “There shouldn’t be any tax exemptions for crypto purchased as currency,” he stated on Tuesday. “I don’t envision crypto replacing dollars in daily…
Summary Altman acknowledged that OpenAI “messed up” the GPT-5 launch due to criticism over the replacement of the popular GPT-4o. Feedback indicated that GPT-5 felt more detached and less friendly than its predecessors. OpenAI has reinstated access to GPT-4o for paid users. Altman stated that GPT-6 needs to convey a personal touch without taking advantage of users, although GPU shortages are hindering OpenAI’s progress. Following the negative feedback on GPT-5’s rollout, Sam Altman, CEO of OpenAI, conceded that the company “messed up,” and emphasized that the feedback is influencing the next iteration of ChatGPT.During a private dinner with journalists in…
A notable surge in profit-taking has occurred in the cryptocurrency markets, with long-term investors taking advantage of recent all-time highs. New on-chain data indicates that holders of major assets have collectively realized around $2.8 billion in profits, leading to a general market cooldown. $2.8B in Realized Profits as Major Coins Experience Selling Pressure Analytics firm Glassnode reported on August 20 that holders who had their assets for more than a month booked billions in profits across top digital currencies, including Bitcoin (BTC), Ethereum (ETH), Ripple’s XRP, Solana (SOL), and Tron (TRX). Bitcoin led the way, with holders claiming a staggering…
An increasing number of cryptocurrency investors in the United Kingdom are facing challenges in funding their accounts, underscoring the regulatory and banking obstacles in the digital asset space.A survey by IG Group among 500 UK crypto investors and a wider sample of 2,000 adults revealed that 40% reported their bank had either blocked or delayed payments to a crypto provider. Of those impacted, 29% filed complaints with their banks, and 35% changed banks as a result.When asked about bank interventions in crypto transactions, 42% of the broader sample opposed such actions, while 33% supported them.“We’re in a damaging position where…
Increased transparency and positivity in crypto regulations are boosting investor confidence. Bitcoin Penguins merges Bitcoin’s reliability with meme-coin excitement. BPENGU’s limited presale, rising prices, and engaged community are generating significant buzz. The cryptocurrency market is experiencing a surge in clarity and assurance. SEC Chair Paul Atkins signaled a substantial shift in regulatory approaches, announcing that the period of aggressive enforcement actions on digital asset initiatives is largely behind us. This renewed regulatory optimism has coincided with a boom in altcoins and meme coins as investors search for new opportunities beyond Bitcoin. Bitcoin Penguins (BPENGU) is capturing the crypto spotlight with…
Welcome to The Protocol, CoinDesk’s weekly summary of key developments in cryptocurrency technology. We’re Margaux Nijkerk & Jamie Crawley, journalists at CoinDesk.In this edition:Nasdaq-Listed SoFi Adopts Bitcoin Lightning for RemittancesBitcoin DeFi Project Joins Solana with BTC-Backed Token YBTCValantis Acquires stHYPE, Enhancing Liquid Staking Capabilities on HyperliquidHyperbeat Secures $5.2M Funding from ether.Fi, Electric CapitalNetwork NewsSOFI ADOPTS BITCOIN LIGHTNING FOR REMITTANCES: SoFi Technologies is set to introduce remittance payments leveraging the Bitcoin layer-2 Lightning Network via a collaboration with Lightspark, with the aim of offering real-time international money transfers to its users. SoFi’s remittance service, expected to be launched later this year,…
API3, the native token of the decentralized oracle solution Api3, surged by up to 102% in the last week, primarily driven by its listing on one of Korea’s largest crypto exchanges. Summary API3 has risen over 100% following its listing on Upbit. The token may aim for $2.45 next after breaking out of a symmetrical triangle. As reported by crypto.news, Api3 (API3) reached a 7-month peak of $1.69 on August 19, before stabilizing at $1.55 at the time of writing. At this price, it is nearly 200% above its year-to-date low. The API3 token’s rise was accompanied by a significant…
Sure! Here’s the rewritten content while keeping the HTML tags intact: Summary North Wales Police are probing a Bitcoin theft amounting to $2.8 million (£2.1 million), where a cybercriminal impersonated a senior detective. The fraudster informed the victim that their personal information was recovered from the phone of a recently apprehended individual, coercing them to “secure their funds” through a phishing link. Authorities observed that cybercriminals are employing increasingly “sophisticated social engineering tactics” to target veteran crypto investors utilizing cold storage solutions. Wales Police are examining a remarkable Bitcoin theft worth $2.8 million (£2.1 million), where a scammer impersonated a…
Summary Binance plans to shift its USDT yield product to the Plasma network when the mainnet launches, anticipated in September. Users can earn a 2% APR on their USDT holdings and receive a portion of the upcoming XPL token. Codenamed “Taylor Swift,” the details of the partnership were closely guarded, known only to a few Plasma employees. Binance is set to transition its USDT yield product on-chain once the stablecoin network Plasma achieves mainnet status, targeted for September. In addition to Binance’s standard yield, users can lock in funds prior to Plasma’s launch for a share of the forthcoming XPL…