Bitfinex database breach 'seems fake,' says CTO
Bitfinex CTO Paolo Ardoino explained that if the hacking group was telling the truth, they would have asked for a ransom, but he "couldn't find any request."
Posts published on May 4, 2024 go to media archive
South Africa’s FIC Unveils Draft Directive for Travel Rule Implementation; Crypto Industry Leader Issues Warning
The South African Financial Intelligence Centre recently issued a draft directive calling crypto-asset service providers to implement the Financial Action Task Force’s (FATF) travel rule. However, key figures in South Africa’s crypto industry say…
Bitcoin will 'propel the next leg up' if key trading pattern confirms — Traders
The inverse head and shoulders pattern forming "would make sense" if Bitcoin doesn't "break straight through" to $67,500, according to a crypto analyst.
Former Bitmex Chief Expects Bitcoin to Trade Within $60K-$70K Range Until August
Former Bitmex CEO Arthur Hayes predicts bitcoin will range-bound trade between $60,000 and $70,000 until August. “The slow addition of billions of dollars of liquidity each month will dampen negative price movement from here on out,”…
CZ gets jail sentence, Gensler viewed Ether as security, and FBI targets mixers: Hodler’s Digest, April 28 – May 4
CZ gets four months in prison, Gary Gensler had Ether as security for at least 1one year, and the FBI targets crypto mixers.
Bitcoin Relative Strength Jumps To 40%: 10x Research Reveals Next Steps From Here
Crypto research platform 10x Research recently noted that the Bitcoin Relative Strength has jumped to 40%. In line with this, they provided insights into what major moves the flagship crypto might make soon enough. What Next For Bitcoin? In their…
Robert Kiyosaki Shares Crash Survival Rules — Warns ‘Crash Has Begun, It Will Be a Bad One’
Rich Dad Poor Dad author Robert Kiyosaki has cautioned that a crash has begun, highlighting its severity. The famous author also shared his crash survival rules. He urged investors to invest in bitcoin, alongside gold and silver, emphasizing that…
Block Is Buying Bitcoin Every Month for Its Balance Sheet
Block Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit from bitcoin products towards investments in the…
Analyst Says Bitcoin Price Is Headed To $90,000, Here’s Why
Bitcoin is now at a critical junction, which many determine its price trajectory for the rest of the year. The crypto has managed to return into $60,000 territory after dropping down to $56,000 for the first time since April. Some analysts are of…
Jack Dorsey-Backed Initiative Donates $21M to Bitcoin Nonprofit Opensats to Bolster Development
According to the 501(c)(3) public charity Opensats, a nonprofit focused on supporting Bitcoin-related initiatives and efforts that contribute to Bitcoin’s success, Jack Dorsey’s philanthropic endeavor #startsmall has contributed $21…
More than half of the Fortune 100 uses Apple’s Vision Pro headset
Spatial computing in the industrial metaverse appears to be paying off for the company that Steve Jobs built.
BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Charges
According to a press release from the U.S. Department of Justice, Alexander Vinnik, a former operator of the BTC-e exchange, has admitted to a conspiracy to launder money. This admission of guilt comes over six years following his arrest in Greece…
MATIC Bullish Signals Abound: Technical Indicators Hint At Sustained Uptrend
MATIC is the native utility token of the Polygon blockchain and it is currently ranked 18th by market cap, with a total supply of 10 billion MATIC and a total trading volume of over $204 million in the last 24 hours. It has been moving upward since…
Vodafone looks to integrate crypto wallets with sim cards
The telecom company is reportedly seeking $1.8 billion in loans amid a plan to raise a total of $2.9 billion in debt
Snowden Issues ‘Final Warning’ to Bitcoin Developers on Privacy Enhancements
In the wake of the U.S. intensifying its clampdown on privacy-oriented software and Zksnacks closing its coordinated coinjoin service, Edward Snowden, the NSA whistleblower and former contractor, has issued a stern warning to Bitcoin developers…
Crypto Expert Arthur Hayes Says Bitcoin Has Found Its Local Bottom – But Can It Hold This Level?
Arthur Hayes, the co-founder and former CEO of BitMEX, recently shared his thoughts on the current Bitcoin price action. He stated that the flagship crypto has hit a local low and predicted what its future trajectory will look like. Hayes Says…
NFT Market Sees Over 30% Decline in Weekly Sales
From April 27 to May 4, 2024, non-fungible token (NFT) sales amassed $164.4 million, reflecting a 30.16% decrease compared to the previous week. Leading the field in blockchain sales, Bitcoin-based NFT sales totaled $56.81 million, experiencing a…
Bitcoin opens $63K futures gap as thin liquidity threatens BTC price
Bitcoin market participants are doubting the staying power of the ongoing BTC price relief bounce.
PEPE Primed For A Big Leap: 80% Price Increase Incoming?
The cryptocurrency market may be experiencing a cool down, but one meme coin is refusing to catch a cold. PEPE, a token emblazoned with the internet’s famous frog, has defied recent bearish trends with a surge in price and trading activity…
What are tokenized commodities?
Tokenized commodities offer fractional ownership, portfolio diversification and investment accessibility across various asset classes.
Grayscale’s Bitcoin Trust Halts 78-Day Outflow Streak With $63M Inflow
Statistics indicate that after a prolonged period of 78 days, Grayscale’s Bitcoin Trust has ceased experiencing outflows, observing an infusion of $63 million on Friday, equating to around 1,030 bitcoins. GBTC Sees First Inflows After 78…
Injective (INJ) Price In Danger If It Falls To Crucial Support Level: Analyst
INJ, the native token of the Injective Network, commenced May with a fluctuating price action marked by a series of significant losses and gains. As INJ attempts to establish a stable price trajectory, popular market analyst with X handle Crypto…
US Authorities Charge Man in Connection With $43 Million ‘Classic’ Ponzi Scheme
U.S. authorities have charged a man they accuse of operating a Ponzi scheme, which purported to invest in a cryptocurrency trading enterprise. The operator of the scheme is accused of defrauding investors of at least $43 million. FBI Assistant…
BTC-e founder pleads guilty in $9 billion laundering conspiracy
A federal district court judge will determine his sentence in accordance with the U.S. Sentencing Guidelines and other statutory factors.
Shiba Inu In Danger Zone: 15% Price Crash Incoming?
Democratizing Investment – The Power of Asset Tokenization in Real-World Assets
In the traditional financial landscape, investment opportunities in real-world assets (RWAs) have traditionally been reserved for the affluent and well-connected, with significant barriers preventing the average person from accessing lucrative…
LayerZero tackles sybil activity with self-reporting mechanism
LayerZero Labs will enforce consequences for those who don’t self-report by May 17, 2024.
Bitcoin Back Above $63,000: Will FOMO Fuel Another Rally Or Lead To A Bust?
The Bitcoin price made a strong comeback on Friday after witnessing a significant amount of bearish pressure throughout the past week. On Wednesday, May 1, the premier cryptocurrency fell below the $60,000 mark for the first time in almost two…