Good evening, everyone. I'm Yonatan Sompolinsky, and welcome to this week's crypto update. Let's dive into the latest happenings in the world of cryptocurrency. First up, Bitcoin has had a rollercoaster of a week. After hitting a new all-time high of $64,000 last Wednesday, the price took a sharp dip over the weekend, dropping to around $55,000. However, it has since recovered and is currently trading at around $60,000. Analysts attribute the volatility to a combination of factors, including regulatory concerns and profit-taking by investors. In other news, Ethereum also hit a new all-time high this week, reaching over $2,500 for the first time. The surge in price is believed to be driven by increased interest in decentralized finance (DeFi) and non-fungible tokens (NFTs), both of which are built on the Ethereum blockchain. On the regulatory front, the U.S. Securities and Exchange Commission (SEC) has announced that it will be taking a closer look at the cryptocurrency market. The SEC is particularly interested in examining the compliance of exchanges and the use of digital assets in fundraising. In international news, Turkey has banned the use of cryptocurrencies for payments, citing concerns over potential criminal activity and a lack of regulation. The move has caused some concern among crypto investors in the country, but it remains to be seen how it will impact the market overall. Finally, Coinbase, one of the largest cryptocurrency exchanges in the U.S., went public last week with a direct listing on the Nasdaq. The listing was seen as a major milestone for the crypto industry and could pave the way for more mainstream adoption of digital currencies. That's all for this week's crypto update. I'm Yonatan Sompolinsky, signing off. Stay tuned for more updates in the world of cryptocurrency.

Dr. Martin Hiesboeck from Uphold recently had a conversation with Yonatan Sompolinsky, the founder of Kaspa, about the innovative technology of blockDAG. This week’s Weekly Crypto Update Twitter Space, hosted by Dr. Hiesboeck, will feature Sompolinsky discussing the history and complexities of blockDAG, a data structure that offers a more efficient and flexible solution for digital transactions.

BlockDAG technology addresses the challenges of scalability, decentralization, and security that are present in traditional blockchain technology. Kaspa is an example of how blockDAG can revolutionize the cryptocurrency space by providing faster and more secure transactions with lower fees.

Sompolinsky will explain the core principles of blockDAG and how it differs from conventional blockchain technology. The origins of blockDAG can be traced back to a 2016 paper by Sompolinsky and Aviv Zohar, which led to the development of the first blockDAG protocols, GHOST and SPECTRE. The conversation will also cover the future implications of blockDAG for cryptocurrency and the challenges this groundbreaking technology faces.

Tune in on April 13th at 1:00 PM EST for an insightful discussion with Yonatan Sompolinsky of Kaspa as Dr. Martin Hiesboeck explores the fascinating world of blockDAG and its potential to transform the digital currency landscape.

For more information on Kaspa and blockDAG technology, check out their website, wiki, Medium, Teletype, Discord, Telegram, Twitter, Reddit, GitHub, and Explorer. You can also find me on the Kaspa discord under the username Bubblegum Lightning.

The original article “Weekly Crypto Update Featuring Yonatan Sompolinsky” can be found on Kaspa’s website.

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