• Crypto Nations and Innovations: El Salvador's Bitcoin Gains, Ethereum's EIP-7706, and Major Fundraising

  • May 17 2024
  • Duración: 3 m
  • Podcast

Crypto Nations and Innovations: El Salvador's Bitcoin Gains, Ethereum's EIP-7706, and Major Fundraising Por arte de portada

Crypto Nations and Innovations: El Salvador's Bitcoin Gains, Ethereum's EIP-7706, and Major Fundraising

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  • Resumen

  • Welcome to "The State of Crypto", your go-to podcast for the latest happenings in the world of cryptocurrency. Today is Friday, May 17th, and we've got a packed episode for you. First up, we dive into Bitcoin's substantial impact on El Salvador, which continues to expand its holdings by leveraging eco-friendly volcanic energy for mining. The country now owns 5,752 Bitcoins, valued around $373 million, and is exploring new avenues to acquire more. Next, Ethereum's founder Vitalik Buterin introduces a new proposal, EIP-7706, aiming to recalibrate transaction fees, potentially lowering costs for data-heavy transactions. We'll also discuss the growing institutional adoption of Bitcoin ETFs, with over 937 entities now invested, and highlight this week's big fundraisers, including Polymarket, Humanity Protocol, and Param Labs. Additionally, we cover a range of significant stories: Stryke’s partnerships with PancakeSwap and SushiSwap, the SEC's Crypto Rule being overturned by Congress, Coinbase shares dropping by 9% amid Bitcoin Futures launch on CME, Binance's new anti-address poisoning algorithm, and Synthetix’s sUSD stablecoin facing a temporary depegging. Stay tuned as we break down these stories and more on today's episode of "The State of Crypto".
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