Crypto

James Craig and Louis Giles’ new film “Code Is Law” examines infamous crypto hacks and the moral reckoning used by the perpetrators. “A world where ‘the market’ runs free and the ‘evil’ of government is defeated would be, for them, a world of perfect freedom.” — Lawrence Lessig, Code: Version 2.0 Recently, I got the chance to watch a preview of James Craig’s upcoming documentary “Code is Law.” The film, which debuts on Oct. 21 on Apple TV+, Amazon Prime Video, and YouTube Movies, tells two distinct but related stories of crypto hacks: the people involved and the ethos of the perpetrators. Its position is clear, but the question deserves a deeper investigation. If code is not law, should it be? After the 2014 Mt. Gox hack, the first hack explored in “Code is Law,” the DAO hack is probably the most famous in crypto’s history. The DAO was the first decentralized autonomous organization, becoming an eponym in the process. In 2016, when Ethereum was still young, it was one of the first decentralized applications t...

Brain-computer interfaces like Neuralink concentrate mental control in corporate hands. Decentralized science offers shared governance over neural data. Opinion by: Andreas Melhede, co-founder of Elata Biosciences Neuralink’s first-ever brain implant is turning science fiction into reality. It’s a coin-sized device with hair-thin electrode threads that a surgical robot weaves into the brain’s cortex to read and send neuron signals. These signals are then transmitted wirelessly to a computer, allowing the person wearing the implant to perform actions without needing to move. Elon Musk, Neuralink’s founder, once highlighted that the company will “give people superpowers.” Silicon Valley’s vision of a direct brain-computer interface (BCI) sounds exciting. Designed to help people with severe paralysis, Neuralink’s implant allows people to move a cursor, type, or even control a robotic limb using their thoughts alone. Read more

The Floki memecoin jumped almost 29% after Elon Musk posted a video of his Shiba Inu dog working as “CEO” of the social media platform X. American entrepreneur Elon Musk triggered a short-term rally in the memecoin market after posting a playful message on his social media platform X. On Monday, Musk shared a post saying that Floki, his pet Shiba Inu dog, was “back on the job” as the CEO of X. The post was accompanied by an AI-generated video of his dog sitting at a desk, donning a tie and glasses, saying “Numbers, numbers, numbers, numbers? Is this working? Yay.” CoinGecko data showed that on Monday, the Floki (FLOKI) memecoin’s price bounced from a low of $0.00006572 to a high of $0.00008469 after Musk’s post, a 28.8% increase. At the time of writing, the asset had corrected to $0.00007998.  Read more

XRP showed renewed strength after weeks of declines, emerging as one of day’s top performers among major cryptocurrencies. Key takeaways: The number of XRP whale addresses hit record highs of 317,500, indicating accumulation. XRP price must first break the $2.59 resistance for a chance to regain $3. Read more

Aave (AAVE) was also a top performer, rising 13.7% as all index constituents trade higher over the weekend.

Bitcoin mining margins tightened in September as a rising network hashrate and a slide in BTC prices dragged profitability lower

An oversaturated market, weak tokenomics, and increasingly high valuations are stifling altcoin liquidity.

The iShares Bitcoin ETP listing is BlackRock's first crypto product available to UK retail investors, via the London Stock Exchange.

Grok 4 generated a 500% gain on the first day after identifying the crypto market bottom and switching to leveraged long positions. Grok and DeepSeek outperformed other major artificial intelligence chatbots in cryptocurrency trading, timing the market’s local bottom before a recovery rally and hinting at a possible edge for users who rely on their insights. Grok 4 and DeepSeek were the two best-performing generative AI chatbots in a crypto trading competition launched by developers that received viral attention. DeepSeek generated a total unrealized profit of $3,650 as the most profitable chatbot, followed by Grok with about $3,000 in unrealized profits, according to blockchain data platform CoinGlass. Read more

Gemini is expanding its crypto credit card offerings with the release of the Solana Card, which will offer an auto-staking option.

Bitcoin set an all-time high near $126,000 in early October while the altcoin market (excluding stablecoins), measured by TradingView’s TOTAL2ES index, remains below its November 2021 top, around $1.6 trillion, keeping the cycle confirmation test open for rotation beyond BTC. TOTAL2ES continues to trade under that band into mid-October, which means altcoins have not printed […] The post Altcoin season is cancelled this year: Alts fail to match last cycle $1.6 trillion ceiling appeared first on CryptoSlate.

The new Solana edition of the Gemini Credit Card lets users earn up to 4% back in SOL and auto-stake rewards for extra yield.

An Ethereum core developer warned that venture capital firm Paradigm managing $12.7 billion could undermine the ETH ecosystem as the firm launched competing layer-1 blockchain Tempo with Stripe raising $500 million at $5 billion valuation while hiring top Ethereum talent including longtime researcher Dankrad Feist. The post Ethereum Developer Warns Paradigm’s Investment Influence May Undermine ETH Open-Source Ethos appeared first on Cryptonews.

Devin Finzer shared new details about OpenSea's upcoming SEA token, which both 2021 NFT traders and current users will want to hear about.

Sentiment remains cautious, with the Crypto Fear & Greed Index at 30, indicating "fear" in the market.

The company sits on a massive paper profit of almost $24 billion due to its investment in BTC.

Onchain investors were more bearish about the Binance liquidity cascade, while crypto ETP traders largely shrugged off the Friday crash, according to CoinShares. Cryptocurrency investment products were unable to sustain their two-week inflow streak, with fund flows turning negative last week following crypto’s “Black Friday” market crash. Crypto exchange-traded products (ETPs) saw $513 million in outflows last week, ending the two-week streak that totaled $9.1 billion, CoinShares reported on Monday. Addressing the total $668 million of outflows following the “Binance liquidity cascade” on Oct. 10, CoinShares head of research James Butterfill said the ETP market saw less panic than the spot market. Read more

The company financed the acquisition by raising $18.8 million through the issuance of various perpetual preferred shares and common stock

Stablecoins are growing alongside crypto, lifting Ethereum while new networks loom and the dollar stays dominant.

The token's market capitalization pumped above $800 million.