Crypto Surgeon

Crypto Surgeon

By Medium August 01, 2023 In Bitcoin, Cryptocurrencies, DeFi, Kin, NFTs

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From Meme to Millions: How a Trader Turned $500 into a Fortune on Coinbase’s BALD Memecoin

The world of cryptocurrency is never short of surprises, and the recent frenzy surrounding meme coins has taken the crypto community by storm. Amidst this excitement, an intriguing success story has emerged, as a trader on Coinbase’s layer 2 blockchain managed to turn a humble $500 investment into a staggering…

KIN Token Surges Over 20% After Community Vote to Burn 70% of Supply Passes

In a significant development for the cryptocurrency community, the KIN token has experienced a remarkable surge of over 20% in its price following the successful passage of a community proposal to burn a substantial portion of its supply. The decision to burn approximately 7 trillion KIN tokens, valued at $156…

‘Here to Stay’: Crypto’s Resilience Amid Regulatory Challenges

The crypto industry’s remarkable resurgence after a tumultuous period of scrutiny and regulatory crackdowns showcases its resilience and significance in the global finance and technology landscape. Despite facing persistent criticisms from regulators, the market’s persistent growth and widespread acceptance underscore its strong foothold in the United States and beyond. …

Embattled U.S. Rep. George Santos: A Pattern of Ethical Impropriety Revealed in Cryptocurrency Deal and Political Ventures

In a recent New York Times report, it was revealed that U.S. Rep. George Santos (R-NY) engaged in a cryptocurrency transaction with a political donor during his unsuccessful 2020 House bid. …

This Week in Coins: Weak Week for Bitcoin and Ethereum — and Worldcoin

This week in the world of cryptocurrencies, Bitcoin and Ethereum, the market leaders, experienced yet another week of underwhelming price performance. Meanwhile, the much-anticipated launch of Worldcoin Protocol, co-founded by Open AI CEO Sam Altman, left investors and experts divided over its utopian and dystopian features. Worldcoin, accompanied by its…

Human Rights Foundation Backs Bug Bounty with Bitcoin to Enhance User Experience and Financial Freedom

The Human Rights Foundation (HRF) has taken a remarkable step in supporting open-source development on the Bitcoin protocol by launching a bug bounty challenge. …

Attackers Steal $24 Million From DeFi Projects Leveraging Curve Pool Exploits

Several decentralized finance (DeFi) projects found themselves at the mercy of attackers on Sunday, resulting in the loss of more than $24 million worth of cryptocurrencies. The attackers skillfully exploited a vulnerability in the liquidity pools of Curve, an automated market maker platform utilized by various DeFi protocols. The vulnerability…

Ripple’s SEC Case Has Limited Impact on Central Bank Engagements

Ripple, a prominent player in the cryptocurrency space, recently emerged victorious in its legal battle with the U.S. Securities and Exchange Commission (SEC) over the classification of XRP as investment contracts. James Wallis, the firm’s vice president of central bank engagements, revealed that the long-drawn legal saga had minimal influence…

Web3: Reddit’s NFT Launch, Amazon’s Blockchain Tools, and Meta’s Threads

In the ever-evolving world of Web3, exciting developments have been making headlines. Reddit, the popular microblogging platform, recently launched its Gen 4 Collectible Avatar series, featuring a colorful array of NFTs, designed to evoke feelings of nostalgia. While the collection boasts designs from 100 independent artists and popular NFT collections…

Sequoia Capital Takes a Pragmatic Approach: Slashes Crypto Fund Amid Changing Market

In a move to adapt to the shifting landscape of the cryptocurrency market, Sequoia Capital, the renowned venture capital firm, has made a significant reduction in the size of its cryptocurrency fund. According to reports from the Wall Street Journal, the fund’s size has been cut by over 65%, dwindling…

Institutional Interest in Bitcoin and Ether CME Futures Surges in Q2, Driving Record Participation

Institutional interest in the cryptocurrency market has been on the rise, with a growing number of investors seeking regulated venues to hedge against market volatility and manage their risk and exposure. The Chicago Mercantile Exchange (CME), a derivatives giant, reported a significant surge in participation from large traders during the…

Crypto Bill Advances with Bipartisan Support Out of House Agriculture Committee

The crypto industry has been a topic of increasing interest for lawmakers, prompting Congress to address the need for comprehensive federal rules and regulations. Recently, the House Agriculture Committee took a significant step forward by advancing the Financial Innovation Technology for the 21st Century Act. The legislation aims to create…

Worldcoin’s Hype Propels Optimism Past Arbitrum in Daily Transactions

The cryptocurrency world is ever-evolving, with new tokens and blockchain technologies constantly entering the scene. Worldcoin, the brainchild of Chat GPT’s Sam Altman, has recently gained substantial attention, resulting in a surge of optimism transactions, outperforming rival Arbitrum for the first time in six months. This article delves into the…

Grayscale Argues SEC Should Approve All Bitcoin ETFs at the Same Time

In a bid to promote fairness and equal opportunities for all cryptocurrency investors, Grayscale, a prominent digital asset management firm, has strongly advocated that the U.S. Securities and Exchange Commission (SEC) should approve all spot Bitcoin Exchange-Traded Fund (ETF) applications simultaneously. In a series of comment letters submitted on Thursday…

A Bully Pulpit for Debanked Nigel Farage, Crypto for Everyone Else

In the world of crypto, Nigel Farage, the controversial British Brexiteer, unwittingly becomes a symbol for the industry. His recent debanking incident serves as a stark warning for the rest of us who lack his influential platform. As banks worldwide have been debanking people for years, the crypto community finds…

CBDCs Wrongfully Break Down the Separation Between Money and State

Central bank digital currencies (CBDCs) have become a topic of increasing interest among central banks worldwide. These digital currencies offer promises of efficiency gains, cost reduction, and enhanced policy tools for governments. However, NYU law professors Richard Epstein and Max Raskin argue that implementing CBDCs could have severe implications for…

Worldcoin: The Potential for Wider Crypto Distribution than Bitcoin

Worldcoin, the identity protocol launched by OpenAI’s Sam Altman, has garnered attention in the crypto space for its ambitious vision to enable a wider distribution of cryptocurrency than even Bitcoin. Backed by CoinFund, a prominent venture capital firm, Worldcoin aims to onboard billions of users to the crypto markets. The…

Bitcoin May Reach $300K by 2028 Halving, Says $1.6B Asset Manager

In a recent interview on CoinDesk TV’s First Mover, Mark Yusko, the founder and CEO of Morgan Creek Capital Management, shared his optimistic outlook on the future of Bitcoin (BTC). He believes that the world’s largest cryptocurrency could potentially reach an impressive value of $300,000 by 2028. This bullish prediction…

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