Solana-Based Automation Startup Clockwork to Shut Down

“Ultimately the reason we are stepping away now is simple opportunity cost,” Garfield said in a post on X, formerly Twitter. “We admittedly see limited commercial upside in continuing to develop the protocol, and have a growing personal interest to explore new opportunities.”

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Justin Sun: The Next Do Kwon or Sam Bankman-Fried?

In Justin Sun’s universe things can get even more complicated because there are many different entities, like the Huobi and Poloniex exchanges, which can mint pegged assets, as well as many different blockchains, like Tron and Huobi Eco Chain, that are all very likely under the control of the same …

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Jackson Hole: Where Fed Policy Is Decided on the Fly

This is not a rational system, despite all the data, though I’m beginning to suspect it was never designed to be. How is inflation measured? Well the Fed pays people to walk around grocery stores and write down the prices. Should gas, that thing that – excuse the pun – …

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Sweeping U.S. Tax Proposal Met With Boos From Crypto World

«The crypto ecosystem is very different from that of traditional assets, so the rules must be tailored accordingly and not capture ecosystem participants that don’t have a pathway to compliance,» said Kristin Smith, CEO of the Blockchain Association, in a statement shortly after the proposal emerged.

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