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Andrew Cuomo Eyes Blockchain Future for NYC
Andrew Cuomo Eyes Blockchain Future for NYC

Cuomo proposes a Chief Innovation Officer to lead NYC’s push into blockchain and AI, aiming to make the city a global crypto hub.Cuomo’s Tech Vision for New York CityChief Innovation Officer: Driving the Blockchain AgendaMaking NYC a Global Crypto Hub

Coinomedia·2025/10/20 11:15
Top Crypto Execs to Meet Senate Democrats on Regulation
Top Crypto Execs to Meet Senate Democrats on Regulation

Coinbase, Chainlink, Galaxy, and others to meet Senate Democrats Wednesday to discuss crypto market structure legislation.Crypto Leaders Head to Capitol HillShaping the Future of Crypto RegulationWhy This Meeting Matters

Coinomedia·2025/10/20 11:15
Bitcoin ETFs See $1.23B Outflow, Second-Largest Ever
Bitcoin ETFs See $1.23B Outflow, Second-Largest Ever

US spot Bitcoin ETFs saw $1.23B in outflows last week, the second-largest to date. Ethereum ETFs followed with $311.8M in outflows.Massive Capital Exit Hits Bitcoin and Ethereum ETFsInvestor Sentiment Shifting Amid Market UncertaintyWhat This Could Mean for the Market

Coinomedia·2025/10/20 11:15
Why Bitcoin Remains the Best Asset Today
Why Bitcoin Remains the Best Asset Today

Bitcoin continues to outshine traditional assets, offering unmatched value, security, and global potential.Bitcoin Stands Apart in the Modern Investment WorldA Hedge Against Inflation and UncertaintyThe Future Is Digital — and Bitcoin Leads the Way

Coinomedia·2025/10/20 11:15
Flash
  • 11:23
    Elon Musk: Floki Returns as CEO of X
    Foresight News reported that Elon Musk posted a tweet with a photo showing his pet dog Floki wearing a black suit, sitting in the office chair, with the caption stating that Floki is back on the job as X CEO (Flōki is back on the job as X CEO).
  • 11:22
    GIGGLE token rises 60% in 30 days as whales continue to accumulate
    Foresight News reported, according to Nansen monitoring, the price of the GIGGLE token has increased by 60% over the past 30 days. Data shows that whale addresses have not sold but instead continued to accumulate. Currently, there are 18,000 smart money addresses holding the token, and the top 100 wallets hold 63% of the total supply.
  • 11:22
    An Ethereum core developer criticizes the EF compensation system, revealing a total salary of only $625,000 over six years
    Foresight News reported that Ethereum core developer and Geth client developer Péter Szilágyi publicly disclosed today that he had written to the leadership of the Ethereum Foundation (EF) a year and a half ago, frankly expressing his "disappointment with the Ethereum Foundation" and pointing out serious issues within the foundation such as severe pay inequality, conflicts of interest, and concentration of power. He stated that since joining, "working at the Ethereum Foundation has always been a poor financial decision." According to him, his total compensation during his first six years at the foundation was only $625,000 (pre-tax, with no incentives), while the total market capitalization of ETH rose from 0 to $450 billions during that period. He believes that this low salary structure forces those who truly care about the protocol to seek compensation elsewhere, which in turn lays the groundwork for "the protocol being captured by interest groups." He also criticized the foundation for long underestimating employees' contributions while "over-relying on those willing to stay for idealistic reasons," and deliberately hiding salary information internally, "making opacity the norm." In his view, this structural imbalance is one of the key reasons why Ethereum has gradually deviated from its original intentions. When discussing the power structure of the ecosystem, Szilágyi said that Ethereum has formed a "small circle" around Vitalik Buterin—a handful of 5 to 10 opinion leaders and 1 to 3 venture capital firms control the most influential project investments and direction decisions in the ecosystem. "Ethereum appears decentralized on the surface, but the indirect control of Vitalik and his core circle over the ecosystem is almost absolute."
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