Coinbase screws up, Florida bans CBDCs, and Ordinals face controversy: Hodler’s Digest, May 7-13
Calls for a boycott of Coinbase over memecoin controversy, Florida’s ban on CBDCs, and the effects of Bitcoin Ordinals on the BTC network.
‘Ancient’ Bitcoin Changes Wallets After 12 Years Dormant
So far this year, over 3,000 BTC from Ancient Supply has returned to life.
Binance calls it quits in Canada, blames new rules
Binance is the latest in a string of departures from CEO Changpeng Zhao’s home country; it promises to keep working with regulators.
Bitcoin Surfing Tourists Are Flocking to El Salvador—What’s the Big Deal?
Murders have dropped massively in the Central American country, attracting lots of tourism. Thank its Bitcoin-loving president for the turnaround.
Safaricom M-Pesa receives Ethiopian mobile money license, ending state monopoly
The Kenya-based company already has 3 million mobile phone users in Ethiopia and plans to make it the 10th country where the payment service will be available.
Your Crypto Mining Chips Are No Good for AI—Here’s Why
Mining and AI have different tastes when it comes to GPUs, and crypto miners can’t satisfy them both.
DCG settlement with Genesis still undecided as 30-day mediation period proceeds
The settlement plan proposed in February would give Genesis creditors 80% recovery of funds but many raised demands, leading to the mediation.
Can New York AG’s Crypto Proposal Offer Investors Greater Protection?
The CRPTO Act focuses on transparency and conflicts of interest in an already crypto-savvy state.
ChatGPT and other AIs could play a big role in driving more users to crypto
By doing things such as helping users find answers to their questions by looking at their wallets, AI could help introduce millions of new people to blockchain.
Former Coinbase Product Manager Gets Two Years For Insider Trading
Ishan Wahi made serious money from the “Coinbase effect.”