Elon Dumps Bitcoin, Justice Department Looks into Binance

Get your weekend macro fix with Blockworks’ own Mike Ippolito and Tyler Neville.

by Liz Coyne /
article-image

share

In the weekly roundup episode of Blockworks’ podcast “On the Margin,” Michael Ippolito, co-founder, sits down with Senior Editor Tyler Neville to talk about the news in macro, including: Elon announces that Tesla will stop allowing customers to pay in Bitcoin, the US Department of Justice and IRS look into Binance, and Stan Druckenmiller predicts the currency will lose reserve status in 15 years.

“On the Margin” is a two-part show. Once a week, Mike interviews industry experts, and then at the end of the week he is joined by co-host Tyler Neville where they break down the top crypto and macro stories. Episodes go live every Wednesday and Saturday morning.

Subscribe to “On the Margin” today on Apple or Spotify, or watch the episode on YouTube.

Tags

Upcoming Events

Permissionless III

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

join us in Salt Lake City, UT

Digital Asset Summit 2024 | London

MON - WED, MARCH 18 - 20, 2024

Crypto’s premier institutional conference returns to London in March 2024. The DAS: London Experience:  Attend expert-led panel discussions and fireside chats  Hear the latest developments regarding the crypto and digital asset regulatory environment directly from policymakers and experts   Grow your network […]

join us in Hilton Metropole | 225 Edgware Rd, London

buy tickets

recent research

Pyth Cover.jpg

Research

Pyth Network: Pull, Not Push

Pyth is a low latency pull-based oracle. In a future that looks increasingly high frequency, with various alt L1s and L2s that have significantly shorter block times than Ethereum, and an explosion of “high-frequency” protocols such as oracle or CLOB perp DEXs, Pyth’s low latency oracle product looks much better positioned to capture a significant amount of market share in comparison to competitors.

by Ren Yu Kong

/

news

article-image

Policy

Genesis attempts to recover $689M from Gemini in new lawsuit 

There is yet another legal battle unfolding in the Gemini and Genesis saga

by Casey Wagner /
article-image

Business

Bitcoin ordinals startup Taproot Wizards hires CTO after seed raise

The pseudonymous Rijndael’s hiring comes as bitcoin ordinals spurred a takeoff in bitcoin transaction fees over recent weeks

by Jack Kubinec /
article-image

Markets

Crypto’s rally on Binance news could prove to be short-lived

Bitcoin and ether posted gains Wednesday morning, rallying around 2% and 5%, respectively. Stocks also started the day in the green

by Casey Wagner /
article-image

DeFi

DeFi protocol Spool rolls out compliance-focused ‘V2’ to court institutions

Blockworks exclusive: Spool is in talks with small and regional banks as well as one of the ten largest asset managers as it rolls out v2, the DAO’s lead contributor said

by Jack Kubinec /
article-image

DeFi

Do science, earn crypto: Coinbase CEO’s other startup sees record price rally

Can an ERC-20 token fix science? Coinbase’s Brian Armstrong hopes so

by David Canellis /
article-image

Markets

Despite Binance’s DOJ settlement, no mass exodus of funds: Nansen

Roughly $65 billion worth of assets remain on Binance after the exchange agreed to pay, forfeit $4.3 billion Tuesday, Nansen data shows

by Ben Strack /