Aragon launches defensive measures against Arca's '51% attack'
The Aragon Association has pulled plans to give ANT holders voting rights over its DAO in the wake of the attack.
Posts published on May 9, 2023 go to media archive 1/4
AIs and fries: Wendy’s to trial chatbot drive-thru operator
Wendy’s says its "FreshAI" bot reduces costs allowing funds to be focused elsewhere, others worry that eventually, those less skilled will be jobless.
Nigeria-China Currency Swap: Activist Lawyer Accuses IMF and World Bank of ‘Economic Sabotage’ to Promote US Dollar, Urges Nigeria to Join BRICS
Nigerian human rights activist and lawyer, Femi Falana, has accused the International Monetary Fund (IMF) and the World Bank (WB) of sabotaging the currency swap arrangement between China and Nigeria. Falana said the Nigerian central bank and the…
Bitcoin ‘under siege’ by BRC-20 coins as fees soar, claims analyst
Bitcoin transactions and fees are at high levels, and 400,000 of them are still unconfirmed on the blockchain.
War of words: OKX takes a subtle jab at Coinbase in new ad campaign
Crypto exchange OKX included a subtle shot at Coinbase in a new global ad campaign titled “The System Needs a Rewrite.”
Litecoin Price Prediction: LTC Recovery at Clear Risk on Two Factors
Litecoin price is attempting a recovery wave from $75 against the US Dollar. LTC could struggle to clear $82 or $85 and might start another decline. Litecoin is slowly moving higher and correcting toward $82 against the US Dollar. The price is now…
Bear market pushes crypto events to cut fluff, prioritize discourse
“Huge DJs” no longer appear at crypto events, instead, attendees are seeing more “well thought out, intelligent questions” being asked.
Ethereum Price Signals Recovery But 100 SMA Is The Key
Ethereum price is slowly moving higher from $1,840 against the US Dollar. ETH is still facing strong resistance near the $1,875 level and the 100 hourly SMA. Ethereum is currently consolidating losses above the $1,820 support zone. The price is…
Lawmaker Warns US Default Risks Dollar’s Reserve Currency Status, Exploitation by China and Russia
The top Democrat on the House Intelligence Committee has warned that China and Russia would seek to exploit the chaos resulting from a U.S. default. He further cautioned that the U.S. dollar’s reserve currency status could be eroded if the U.S…
Bitcoin Price Consolidates Losses, This Resistance Might Trigger Another Drop
Bitcoin price is consolidating losses below $28,200. BTC could start another decline unless there is a clear move above the $28,500 resistance. Bitcoin is consolidating losses and trading above the $27,000 support. The price is trading below…
First Mover Asia: Bitcoin Ticks Up as Congestion Wanes and Investors Ponder the Next Price Spur
ALSO: SAM Bankman-Fried's motion to dismiss most charges against him raises questions about the reach of the Commodities Exchange Act.
US Authorities Extradite UK Citizen Behind 2020 Twitter Hack, SIM Swap Crypto Theft
Twenty-three-year-old Joseph O’Connor, known by his handle PlugWalkJoe, was arrested in Spain in 2021.
Epic CEO mocks ‘metaverse is dead’ notion — 600M coming to the ‘wake’
Epic Games CEO Tim Sweeney made fun of a recent Business Insider article suggesting the Metaverse had run its course.
Grayscale expands ETF business, puts forward 3 new crypto funds
The new funds would invest in a wide range of different crypto-related assets including Bitcoin miners and privacy tech.
PEPE Whale Who Earned $14.5M Turns To Turbo, Is This The Next Big Thing?
A whale recently transferred $14.5 million of PEPE to Binance and is now buying TURBO, Lookonchain data on May 9 shows. Pepe coin (PEPE) is a meme token and one of the top-performing assets after rallying by over 10x in recent days pushing its…
Dave Ramsey Dismisses De-Dollarization Concerns — Says BRICS Currency, Chinese Yuan Can’t Take Down US Dollar
Personal finance expert and best-selling author Dave Ramsey has dismissed de-dollarization concerns and the prospects of a BRICS currency, the Chinese yuan, or the Russian ruble displacing the U.S. dollar in international trade. “They don’t…
Declaration Of Monetary Independence To Reappear At Bitcoin 2023
Disclaimer: Bitcoin 2023 and Bitcoin Magazine are both operated by BTC Inc.The Declaration of Monetary Independence (DoMI), which made an impressive debut at Bitcoin 2022 in Miami Beach, will once again be on display at Bitcoin 2023. The 9-foot by…
Bitcoin Moves Sideways at $27.5K as Investors Await CPI Inflation Reading
Equities slid. Investors will be watching Wednesday's release of the April Consumer Price Index for clues about the Federal Reserve's next monetary policy decision.
Matrixport Report: Here’s What Happens To Bitcoin If Inflation Continues To Fall
As Bitcoin became a more mainstream asset, its correlation with the stock market rose which meant it has been impacted by world events to a higher degree than it did before. This is evident with the asset’s reaction to the rising inflation and the…
Previewing Congress's Joint Crypto Regulation Hearing
Over the past several weeks, Congress – particularly the House Financial Services Committee – has held a number of hearings on crypto and its role in the world. Even a hearing supposedly focused on overseeing the U.S. Securities and Exchange…
Cardano DeFi Steals The Show, Outperforms The Market With Explosive Transaction Growth
Despite the recent market dip, Cardano’s decentralized finance (DeFi) ecosystem has seen a significant surge in activity, with transactions on Cardano DeFi apps soaring to 250,000 per epoch from 160,000 transactions during the previous epoch…
Crypto Whale Suffers $500,000 Loss As PEPE Price Plummets
Unsurprisingly, the recently hyped frog-themed meme coin PEPE is now beginning to suffer a price decline, impacting late investors negatively. According to LookOnChain’s recent report, a large investor or whale who purchased a large amount of the…
Marathon Digital announces immersion crypto mining operations in Abu Dhabi
The mining firm expects the two facilities to be online by 2024 and produce a combined hash rate of roughly 7 EH/s.
SEC Blasted on Custody Proposal by JPMorgan, Crypto Firms and a Fellow Agency
The U.S. Securities and Exchange Commission (SEC) went too far when it proposed a new rule demanding investment firms safeguard all of their clients’ assets – including crypto – with approved custodians, according to an array of critics not often…
President Raisi Calls on Central Bank of Iran to Ditch US Dollar in Trade, Shift to National Currencies
Iranian president Ebrahim Raisi has called on the Central Bank of Iran to lay the groundwork necessary to ditch the U.S. dollar for bilateral trade settlements and to make the switch to use the Iranian real whenever possible. The Central Bank of…
Market Makers Jane Street, Jump Retreating From U.S. Crypto Trading: Bloomberg
The move comes as U.S. regulatory scrutiny of the crypto industry has intensified, Bloomberg reported.
ChatGPT and other AIs could play a big role in driving more users to crypto
By doing things such as helping users find answers to their questions by looking at their wallets, AI could help introduce millions of new people to blockchain.
South Korean Authorities Investigate Lawmaker Over Alleged Crypto Transfers
There’s a rumor of a conflict of interest around the South Korean opposition lawmaker Kim Nam-Kuk over crypto transactions. The growing domestic outrage alleged that Kim liquidated over $4 million worth of crypto assets before the lawmakers…
Aragon Cancels Planned Community Control of $200M Treasury Amid Battle With Activist Investors
The Swiss organization alleged investors including Arca were mounting a 51% attack.
Marathon Teams Up With Abu Dhabi's Zero Two for Middle East's First Large-Scale Liquid Cooled Bitcoin Mining
The U.S.-based miner is teaming with Zero Two, a digital assets infrastructure development company focused on supporting the power grid of Abu Dhabi.