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ā±ļø State of Crypto This Week: Your 60-second review
⢠2,000 Bitcoin on the move: Two rare Casascius coins backed by 1,000 BTC each activated after 13 years, unlocking more than $179M stashed away since 2011-2012.
⢠Peter Schiff fails to authenticate gold bar during onstage test with CZ at Binance Blockchain Week, highlighting challenges of verifying physical gold versus cryptographically secure Bitcoin.
⢠IMF releases comprehensive guidelines for addressing stablecoin risks beyond regulations, warning of currency substitution and fragmented policy approaches across jurisdictions.
⢠Tether solvency fears are 'misplaced,' says CoinShares head of research James Butterfill, noting $181B in reserves against $174B in liabilities leaves nearly $6.8B surplus.
⢠Kalshi taps Solana to tokenize betting contracts, making event contracts for US elections, sports and more tradeable onchain to tap into crypto's billions in liquidity.
⢠Google searches for dollar "debasement" hit all-time high this quarter as public interest in currency depreciation explodes.
What's the most underrated crypto story from this week that deserves more attention? š
šØ UPDATE: US prosecutors say Terraform Labs co-founder Do Kwon should receive 12 years in prison for the ācolossalā fraud behind the $40 billion TerraUSD collapse.
His sentencing is scheduled for December 11 in New York.