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2 years ago
Bitcoin Halving: Experts Discuss Liquidity as Key Catalyst for Price Surge
During a panel discussion at the Swan Pacific Bitcoin festival, industry experts debated the significance of the Bitcoin halving event on the cryptocurrency’s price. Marathon Digital CEO Fred Thiel and Swan CIO R…
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2 years agoFDIC's Crypto Risk Strategy Incomplete, Says Inspector General's Report
The Inspector General’s Office (OIG) of the Federal Deposit Insurance Corporation (FDIC) has released an evaluation report on the corporation’s strategy for managing crypto asset risks. The FDIC adopted a “bo…
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2 years agoUniswap Foundation Executive Director Addresses Concerns of Centralization and Plans for Decentralization
Devin Walsh, the Executive Director of the Uniswap Foundation, believes that the Uniswap decentralized exchange (DEX) is becoming more decentralized. He compares its current state to that of Ethereum and…
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2 years agoSolana Leads Energy Efficiency Race, but Ethereum Remains Dominant
One developer, known as “0xIchigo,” believes that Solana is leading the way in terms of energy efficiency, but acknowledges that Ethereum is a formidable competitor that cannot be ignored. Solana, a gen…
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2 years agoSEC Chair Gensler Remains Tight-Lipped on Spot Bitcoin ETFs, Multiple Filings Under Review
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler discussed the pending spot Bitcoin exchange-traded fund (ETF) proposals in an interview with Bloomberg. Gensler acknowledged that there are around…
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2 years agoRise in Cold Wallet Usage Highlights Security Concerns in Crypto Trading
The recent security breach at Stake.com, a popular online crypto casino, has resulted in the loss of $41 million to hackers. The incident is considered one of the significant attacks on the cryptocurrency industry…
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2 years agoBitmain Fires Employees for Leaking Salary Information
Bitcoin ASIC manufacturing giant Bitmain has reportedly fired four employees for leaking salary information. The company cited the “illegal publication of the company’s announcement on salary release” as the reaso…
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2 years agoReddit Moderators Allegedly Sold Tokens Before 85% Crash in Rug Pull Scandal
On October 18, a new twist emerged in the alleged rug pull scandal involving social media platform Reddit. A crypto analyst claimed that several subreddit moderators were aware of the decision to shut down the…
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2 years agoFTX Founder Faces Potential Decades in Prison as Guilty Verdict Looms in Landmark Trial
The courtroom drama surrounding FTX founder and former CSam Bankman-Fried (SBF) has all the makings of a captivating Netflix series. With a cast of shady characters and a plot that thickens with each passing day,…
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2 years agoEuropean Central Bank Begins Preparation Phase for Digital Euro Project
The European Central Bank (ECB) has announced that it will begin the “preparation phase” for the digital euro project after a two-year investigation. This move comes after the ECB released a report on the pot…
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2 years agoEuropean Central Bank Advances Digital Euro Project to Preparation Phase
The European Central Bank (ECB) has announced that its project to develop a digital form of the euro is progressing to the preparation phase. The ECB aims to prepare the currency for the future, although a final…
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2 years agoSEC Shows Positive Shift in Attitude Towards Bitcoin ETFs, Boosting Hopes for Approval
The Securities and Exchange Commission (SEC) is showing signs of warming up to the idea of a Bitcoin exchange-traded fund (ETF), according to Cathie Wood, CEO of Ark Invest. Wood stated that the SEC’s recent line o…
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2 years agoElizabeth Warren Urges White House to Address Crypto's Role in Terrorism Financing; Reddit Ends Blockchain Rewards System; FTX Trial Continues
Senator Elizabeth Warren and over 100 lawmakers have signed a letter urging the White House to address the role of digital assets in financing terrorism. The letter, dated October 17, was sent to Treasury Under…
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2 years agoBinance's EUR Trading Volume Plunges to Three-Year Low Amid Regulatory Crackdown and Partnership Termination
EUR-denominated weekly spot volume on Binance, one of the leading cryptocurrency exchanges, has plummeted to a three-year low of $160 million in October 2023. This represents an 88% decrease from the $1.3 billion…
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2 years agoBitcoin Price Shows Strength Amidst Institutional Interest and Regulatory Developments
Bitcoin’s price has remained strong, reaching a high of $28,516 despite economic challenges in the US. This stability may be attributed to increased institutional activity and positive investor interest in B…
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2 years agoUK Parliamentary Committee Urges Action on NFT Copyright Infringement and Crypto Fan Tokens
A parliamentary committee in the UK has called on officials to take action against copyright infringement issues related to nonfungible tokens (NFTs). The committee also highlighted the potential risks of sporting…
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2 years agoPutin Praises China's Belt and Road Project, Seeks Economic Support
Russian President Vladimir Putin has praised China’s Belt and Road infrastructure project, which aims to challenge the US-led global order. Putin’s comments came during his attendance at the Third Belt and Road For…
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2 years agoBinance Shuts Down Over 100 Accounts Linked to Hamas Funding
Top global crypto exchange Binance has reportedly closed over 100 accounts in response to Hamas’ recent attack on Israel. Israeli law enforcement agencies ordered the closures and seized millions worth of crypto i…
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2 years agoUS Treasury Sanctions Gaza-Based Crypto Broker for Facilitating $25 Million in Crypto Transactions
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Gaza-based crypto broker Buy Cash Money and Money Transfer Company (Buy Cash) and its operator, Ahmed M. M. Alaqad, f…
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2 years agoTaproot Assets Launches on Bitcoin, Revolutionizing Tokenized Asset Capabilities
Lightning Labs has announced the launch of Taproot Assets on the Bitcoin mainnet, introducing tokenized asset capabilities to the network. This release allows for the issuance, management, and exploration of…
