Crypto

Arbitrum co-founder Steven Goldfeder has ruled out the L2 becoming a based rollup and was circumspect about becoming a native rollup too. Offchain Labs CEO Steven Goldfeders crypto origin story is classic geek gold. As a student at Princeton, he first heard about Bitcoin in 2013 during a visit day at Princeton. Professor Ed Felten the future inventor of rollups on Ethereum, co-founder of Arbitrum and a White House science advisor gave a five-minute lightning talk about the cost of a government destroying Bitcoin.  Goldfeders curiosity was instantly piqued, and that night, other students hosted a poker game with a half-BTC buy-in. As he says: That was back in the days when that was just ten bucks. If only Id held onto it… Read more

Early Solana proponent Armani Ferrante says FTX and Alameda are his guiding light for what not to do with Backpack Exchange. Former Alameda Research employee turned crypto exchange founder Armani Ferrante knows firsthand that Eminems lyrics “you only get one shot, do not miss your chance to blow” couldnt be more true in crypto. When you see Elon Musk standing next to his rocket, then it collapses and crashes, he feels bad about it. He loses a lot of money. Its horrible, but he gets to try again when the rocket crashes, Ferrante tells Hall of Flame. If an exchange collapses, you dont get to try again; it is game over, the 32-year-old US-born, Tokyo-based entrepreneur declares. Read more

Ripple CEO Brad Garlinghouse says the SEC lawsuit is “over,” Donald Trump speaks at Blockworks’ Digital Asset Summit: Hodler’s Digest The US Securities and Exchange Commissions multi-year enforcement action against Ripple is finally coming to an end, according to the companys CEO. This is it the moment weve been waiting for. The SEC will drop its appeal a resounding victory for Ripple, for crypto, every way you look at it, Ripple CEO Brad Garlinghouse wrote on X on March 19. Im finally able to announce that the case has ended; its over, Garlinghouse said in the video attached to the X post. Read more