News Explorer — FTX Collapse Boosted Adoption of Crypto Self Custody

Generated by AI, curated by humans

May 2, 1:00 pm

www.wired.co.uk

FTX Collapse Boosted Adoption of Crypto Self Custody

The FTX collapse has caused many to reconsider their crypto storage methods, with many now opting for self-custody. Companies that provide devices for self-custody have seen a surge in sales, however, this method of storage carries a risk of permanent loss if the private key and recovery phrase are misplaced.

The FTX collapse has caused many to reconsider their crypto storage methods, with many now opting for self-custody. Companies that provide devices for self-custody have seen a surge in sales, however, this method of storage carries a risk of permanent loss if the private key and recovery phrase are misplaced.

Latest

Mar 3, 5:24 am

Decrypt

Circle Stock Soars 15%, Extends Last Week's Gains on Strong Earnings

Circle's shares surged 15% following a 72% growth in USDC to $75.3 billion and a 77% revenue increase to $770 million. D... Read Summary

Mar 3, 4:33 am

Decrypt

Nevada State Regulators Gain Ground in Legal Fight With Prediction Markets

The federal court sent Kalshi's case back to state court in Nevada, allowing regulators to seek an injunction against th... Read Summary

Mar 3, 2:14 am

Decrypt

Google, ByteDance Roll Out New Image AI Models as Competition Intensifies

Two new AI image models, Nano Banana and Seedream, offer multi-step reasoning for image generation, extended editing cap... Read Summary

Mar 3, 1:27 am

Decrypt

Lab-Grown Human Neurons Learn to Play ‘Doom’

Cortical Labs has connected 200,000 human neurons to play Doom using electrical stimulation and software controls, allow... Read Summary

Mar 3, 12:43 am

Decrypt

Senate Housing Package Avdances With Ban on Federal CBDC

House conservatives successfully pushed to include a ban on a central bank digital currency (CBDC) in a housing package,... Read Summary

Mar 2, 10:38 pm

Decrypt

Tether Enlists Deloitte to Attest Reserves of New US Stablecoin

Deloitte was tapped by Anchorage Digital for USAT’s first attestation report, revealing reserves exceeding the stablecoi... Read Summary

Mar 2, 7:07 pm

Protos

Kalshi Dodges Payouts on Khamenei Ouster Predictions via 'Death Carve-Out' Clause

Kalshi allowed traders to bet on the ousting of Iranian Supreme Leader Ali Khamenei, voiding the result when he was killed in a US-Israeli airstrike due to a "death carve-out" clause in their rules. Read Summary

Mar 2, 7:57 pm

Decrypt

Anthony Pompliano's ProCap Financial Buys More Bitcoin Amid Stock Buyback Campaign

ProCap Financial, led by Anthony Pompliano, acquired 450 BTC worth $31 million and bought back 782,408 shares to improve... Read Summary

Mar 2, 7:29 pm

Decrypt

Crypto Lawyer to Lead CFTC's Enforcement Division for Market Integrity

The CFTC's enforcement division, previously understaffed, will now be led by David Miller, a white-collar defense attorn... Read Summary

Mar 2, 6:09 pm

Decrypt

Iran Conflict Unlikely to Cause Major Disruption in Global Bitcoin Mining Network

Industry analysts and operators believe the conflict in Iran will not significantly disrupt the global Bitcoin mining ne... Read Summary

Mar 2, 5:52 pm

Decrypt

Bitcoin Hits $70K Amid US-Iran Conflict as Ethereum, Solana and XRP Post Gains

Bitcoin surged to a two-week high near $70,000 amid the U.S. and Israel's war on Iran. Ethereum, Solana, and XRP also sa... Read Summary

Mar 2, 5:15 pm

Coindesk

Bitcoin Community Divided Over BIP-110 Proposal to Restrict Non-Monetary Data

A proposal known as BIP-110, aiming to restrict non-monetary data in Bitcoin transactions, has caused a governance clash... Read Summary

Mar 2, 4:47 pm

Decrypt

British MPs and Advocacy Groups Are Pushing for a Ban on Crypto Donations in Politics

Labour MP Rushanara Ali and other British MPs are advocating for a ban on cryptocurrency donations in politics due to co... Read Summary

Mar 2, 4:29 pm

Decrypt

Bitcoin, Ethereum and Solana ETFs Lead Crypto Fund Rebound With $1 Billion in Investments

Last week, Bitcoin and other crypto exchange-traded products attracted $1 billion in funds, offsetting previous losses.... Read Summary

Mar 2, 3:34 pm

Decrypt

Tom Lee's BitMine Immersion Technologies Continues to Accumulate and Stake Ethereum

BitMine Immersion Technologies has accumulated over 4.4 million ETH, valued at $9 billion, with plans to stake more than... Read Summary