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Taproot Wizards, which describes itself as "magic internet JPEGs", offers a collection of Microsoft Paint images of wizards harking back to a 2013 bitcoin meme: "magic internet money."
The Pyth network currently has $1.57 billion in total value secured across 120 protocols.
A takeover would give the company a foothold in the U.S. as investors get optimistic that crypto ETFs will win SEC approval.
The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.
Dogecoin community plans to send a physical token to the moon in a December mission by space payload transporter Astrobotic.
Political headwinds could blunt the impact of the crypto exchange’s ramped-up lobbying efforts, the report said.
An email mentioning NFTs from Philip Davis was presented in court on Tuesday as part of prosecutors’ fraud case against the FTX founder.
- 07:59Coinbase chief legal officer urges SEC chairman to stop misclassifying crypto tokens as securitiesChainCatcher news, according to Bitcoin.com, Coinbase Chief Legal Officer Paul Grewal recently called on the US SEC Chairman Gary Gensler on the social media platform, asking him to stop mischaracterizing crypto tokens as securities. This request was in response to Gensler's remarks, which emphasized: "According to the interpretation of the US Supreme Court, many of these tokens are legally securities. We follow this law." In response, Grewal said: Please stop misleading the market-tokens are not securities. Although their request was ignored, your own lawyers have admitted this in court. Gensler recently emphasized that although cryptocurrencies account for only a small part of the entire financial market, they have disproportionately contributed to fraud and fraud due to non-compliance with securities laws. He also emphasized the need for proper disclosure in the crypto field, especially in terms of tokens classified as securities, and believed that investors have not received adequate disclosure of information.
- 07:59Base Ecosystem NFT Project Onchain Gaias Releases White Paper: NFT Holders Will Be Gained Access to AI Agent SystemGolden Finance reported that Onchain Gaias, the NFT project of Base ecosystem, released a white paper, the main contents of which include: 1. OG NFT is practical, and each NFT holder will be granted access to the AI agent system; 2. Players get rewards by training these agents, and computing resources are funded by player transactions; 3. Challenge technology giants through open source artificial intelligence; 4. GAIA can be monetized through platforms such as Armoury Marketplace (Intelligence as a Service) and Foundry Marketplace (Transfer Learning as a Service). Onchain Gaias is an NFT project launched by KOL ciniz on the Warpcast (the front end of Farcaste, a social platform based on Base) platform in March this year. Initially, 8,888 were minted for free, but due to whitelist issues, it was reduced to 5556. The project was released on another OE NFT series called GAIAs (On-chain General Intelligent Agents) on the ZORA platform. The floor price of Gaias on the chain is 0.75 ETH.
- 07:58QCP Capital: Bitcoin and Ethereum options implied volatility diverges significantlyPANews reported on May 9 that QCP Capital, a Singapore-based crypto investment institution, said in a statement that in the current flat market, the implied volatility of Bitcoin and Ethereum options has diverged significantly. The implied volatility of Bitcoin options in May has fallen below 50%, while the implied volatility of Ethereum options has been pushed up to nearly 60%. The logical reason for this situation is that the market's expectations for the approval announcement of the Ethereum spot ETF have brought volatility pricing. In terms of capital flows, some large speculators are buying very short-term (less than 2 weeks) Ethereum call and put options with a nominal principal of about 10,000 ETH, trying to capture price breakouts. In addition, some familiar Ethereum call option sellers are buying back a large number of call options expiring at the end of May.
