DOJ’s new policy memo announcing a big change in crypto enforcement strategy has set off quite a firestorm, and for good reason. It’s a difficult balancing act between introducing regulations that we desperately need and undermining the innovation that truly makes crypto so exciting. The reality is that conversation is...
In recognition of this, the Department of Justice (DOJ) recently released a memorandum. This step has ignited a spirited discussion about the broader direction of cryptocurrency regulation and enforcement. The memo serves as further evidence of a pronounced pivot by the DOJ towards heavy-handed enforcement in the crypto space. It...
Fifty-four thousand SOL. That’s about $7.3 million dollars in royalties sitting there waiting to be claimed, and Metaplex wants to clean it up. They describe it as for the DAO, for development, for the community. Let's cut the corporate speak: what about the little guy? The user who might not...
Yet today, the Solana NFT space is simultaneously alive with anticipation and overrun with controversy. Metaplex’s recent proposal to sweep more than 54,000 unclaimed SOL tokens—worth nearly $7.3 million—into its DAO treasury. This decision has sparked fury from existing NFT holders. It presents troubling issues regarding transparency, user trust, and...
The NFT industry has transformed how we think about digital ownership, but this burgeoning market is not without its pitfalls. Recently, CloneX, a high-profile NFT project valued at $119 million, experienced a significant issue: broken links causing images to disappear from platforms like OpenSea and Blur. This unfortunate situation provides...
Now the dust is settling around NFTs. Now that the early crypto-adopter-aesthetic has worn off, we are left grappling with the Wild West’s brutal realities. Metaplex, a Solana-based NFT platform, is about to be the beneficiary of more than $6.5 million in unclaimed SOL tokens. This luck stems from the...
Is this sweep innovation or a heist? Even in crypto, $6.5 million is a staggering sum. Another major player in the Solana NFT ecosystem, Metaplex, is moving quickly and aggressively. As a governance mechanism, they intend to sweep unclaimed SOL tokens from resized NFTs into their DAO treasury. Here's the...
Crypto lending is having quite the return-from-the-ashes moment in the wake of the tumultuous 2022-2023 years. This revival has the potential to be a crucial lifeline for millions excluded from conventional finance, especially in emerging markets. Headlines tout the revival of companies such as Tether, Galaxy, and Ledn after they...
Tether has rapidly ascend over the recovering crypto lending market. Just last month, they announced record off-the-charts $13 billion in expected profits for 2024. This massive increase in profitability has been fueled, at least in part, by the growing popularity of stablecoins. Tether, Galaxy, and Ledn have combined to make...
A major comeback has taken place within the crypto lending market, with a handful of startups quickly establishing themselves as leading forces. BlockTraderHub.com is the premier smart money crypto intel. In this article, we’ll explore what’s fueling the return, including a look at the business strategies underpinning the rebound and...
