Ordinals sends LTC and DOGE network activity surging for 3 straight weeks
Move over Bitcoin, Ordinals on Litecoin and Dogecoin have unleashed a frenzy of transactions.
Posts published on May 21, 2023 go to media archive 1/2
Gemini Says Genesis Parent DCG Missed $630 Million Payment
Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default.
The Kingdom of Bhutan’s Business Division Explores Crypto Ventures With Bitdeer Partnership
A recent report reveals that Druk Holding & Investments (DHI), the business division of Bhutan’s Royal Government, is exploring crypto initiatives to enhance its portfolio expansion. DHI recently teamed up with Singapore-based crypto company…
Proof of Talk: Gathering Web3’s Elite for a Unique Leadership Summit at Paris’s Louvre Palace in June
PRESS RELEASE. Tickets are now on sale in limited quantities for Proof of Talk – www.proofoftalk.io, the highly anticipated gathering, poised to bring together the most influential thought leaders in the Web3 industry. This groundbreaking…
Tornado Cash’s TORN Token Up 10% as Attacker Submits Proposal to Undo Attack
The proposal would revert Tornado Cash’s governance back to token holders, but not everyone in the community agrees that it's a benevolent plan.
Federal Reserve Chair Powell Hints at Possible Pause in Interest Rate Hikes
Federal Reserve Chair Jerome Powell has hinted that the Fed may pause raising interest rates at the Federal Open Market Committee (FOMC) meeting next month. “Having come this far, we can afford to look at the data and the evolving outlook and make…
Crypto hacks falling in Q1 is but a 'temporary reprieve' — Blockchain firm
It was warned that the amount stolen in Q1 2023 mirrors Q2 2022, which was followed by a “record setting number of hacks.”
UBS Offers 3 Reasons to ‘Buy Gold Now’ — Forecasts All-Time High This Year
First Mover Asia: Will Bitcoin Soon Begin a Retest of 30K?
ALSO: Crypto companies and trade organization are spending a fraction of the amount that other industries are allocating for lobbying. That may change.
Is MetaMask withholding customers’ crypto for taxes? No, it’s not
The parent company behind the crypto wallet MetaMask has debunked "inaccurate" rumors that it is collecting tax on crypto transactions.
Biden Says He Won’t Agree to Deal That ‘Protects Wealthy Tax Cheats and Crypto Traders’ as US Default Looms
Bitcoin Blockchain Continues to See Growth in Ordinal Inscriptions and BRC20 Tokens
As of Sunday, May 21, 2023, over 8.3 million Ordinal inscriptions have found their place on the Bitcoin blockchain, accompanied by a count of 24,677 BRC20 tokens. These new BRC20 tokens have also amassed a collective market capitalization of $483…
Crypto Miner Marathon Pledges $500K in Matching Funds to Brink for Bitcoin Development
Marathon CEO Fred Thiel tells CoinDesk in an interview that he wants to make sure development and maintenance of the open-source Bitcoin Core client software are "properly funded."
De-dollarization Has Already Started, Says Russia’s Foreign Minister Lavrov
The process of de-dollarization has practically started, according to Russian Minister of Foreign Affairs Sergey Lavrov. Moscow’s top diplomat is convinced that Russia’s position on the matter is shared by many other countries while the West is…
These four altcoins could be ready for an up-move if Bitcoin rallies above $27,500
Bitcoin price could be gearing up for a decisive move, which could set the stage for XRP, LTC, RNDR and CFX.
Clash of Presidential Contenders: Bitcoin Gains Prominence as 2024 US Election Approaches
With the 2024 U.S. presidential election drawing near, the enthusiasm of bitcoin and cryptocurrency advocates has intensified, as two candidates have emerged in the race who openly express their support for bitcoin and willingly accept the dominant…
Biden won't accept debt deal protecting crypto traders — G7
U.S. President Joe Biden expressed opposition to a debt ceiling deal that would allegedly benefit crypto traders.
Stablecoin Economy Shrinks by $7.3 Billion in 2023, USDC and BUSD Record Mass Redemptions
From the beginning of this year, the crypto economy has surged by 41.77%, reaching a current market capitalization of $1.17 trillion. However, amidst this growth, the stablecoin economy experienced a substantial loss of $7.3 billion within a span…
Bitcoin, Ethereum bears are back in control — Two derivative metrics suggest
Given the uncertainty in the macroeconomic environment, Bitcoin price bulls have no reason to bet against a six-week descending wedge pattern.
Crypto Expert Predicts Ethereum (ETH) To Reach $457,000 – Here’s How
The world of crypto is filled with fascinating possibilities and unexpected growth. In a recent series of tweets, Adam Cochran, a partner at CEHV, sparked a wave of Ethereum discussions by presenting a compelling case for Ethereum’s token…
Rand Plunges After US Weapons Accusations Against South Africa, Schiff Criticizes Misleading Inflation Numbers, and More — Bitcoin.com News Week in Review
Another exciting week in crypto and finance has come and gone, with news of U.S. government accusations against South Africa, regarding the alleged supply of the Russian state with ammunition. In other news, ten Southeast Asian nations are…
Render (RNDR) Price Surges 32% In Single Week – Here’s Why
Render (RNDR) has been on an upward trajectory, recording some of the biggest profits in the crypto market this past week. This show of strength by the metaverse cryptocurrency coincides with a busy week dominated by the bulls. However, it appears…
What is a VTuber, and how do you become one?
A VTuber is a virtual content creator who uses an animated avatar. To become one, create an avatar, use motion capture technology, and produce content.
Decoding Bitcoin’s Transaction Surge: The Emergence Of History’s Greatest Accounting Innovation
This is an opinion editorial by Darin Feinstein, the co-founder and co-chairman of Bitcoin mining firm Core Scientific.The recent surge in transaction volume on the Bitcoin network has sparked conversation and debate about heightened transaction…
Africa and Asia-Focused Fintech Jia Raises $4.3 Million in Seed Funding Round
Jia, a blockchain fintech startup, recently revealed it has raised $4.3 million in a seed funding round which was led by the early-stage consumer crypto fund TCG Crypto. Jia has said it will use the funds raised to bolster its Kenyan and…
Conflux Token (CFX) Retraces After 39% Gains In Seven Days
Conflux (CFX), the token powering Conflux’s high throughput, Tree-Graph powered layer-1 blockchain, experienced a rollercoaster ride in a whirlwind of price fluctuations. Last week, it tumbled to a low of $0.20 per token, leaving observers on…
Tornado Cash (TORN) Suffers 27% Drop As Hackers Strike
Tornado Cash (TORN) has experienced a sudden fall in its market price over the last few hours following news of the DeFi protocol suffering a crypto exploit late yesterday. According to data from CoinMarketCap, Tornado Cash is down 28.25% in the…
Russia Involved in De-Dollarization Talks With the Islamic World to Create Independent Financial System
Russia and the Islamic world are currently discussing how to deepen the de-dollarization agenda to create a new financial system. According to statements from Russian Deputy Prime Minister Alexey Overchuk, these topics are inscribed in broader…
Wife finds husband’s Bitcoin stash amid divorce proceedings
The woman initially suspected that her husband — who earned $3 million per year — did not reveal all his assets, which would get split between the two during the divorce.
Attacker Takes Over Tornado Cash DAO With Vote Fraud, Token Slumps 40%
A malicious proposal allowed an unidentified attacker to take over Tornado Cash, opening up the floodgates to a potential treasury drain.