258 / 324 Relevant items tagged with #CRYPTO
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Another Set of Vintage 2012 ‘Sleeping Bitcoins’ Emerge From Dormancy With $6 Million Transfer
[Oct 9, 2023 7:30 AM] Last month, 19 distinct bitcoin addresses from 2012 awakened, moving coins that had remained untouched for over 11 years. Fast forward to this month, and we’ve already seen four such transfers from 2012. This Sunday, at block heights 811,239…
Time For Self-Custody? Crypto Exchange Reveals Hackers Tried To Gain Access 159,000 Times
[Oct 9, 2023 7:00 AM] Reports from South Korea-based Yonhap News Agency have revealed that Upbit, one of the largest crypto exchanges in South Korea experienced over 159,000 hacking attempts in the first half of 2023 alone. Upbit’s Hacking Attempts According to…
Bitcoin, Ethereum Technical Analysis: ETH, BTC Edge Lower as Mideast Tensions Rattle Markets
[Oct 9, 2023 6:58 AM] Ethereum plunged below the $1,600 level to start the week, as global markets reacted to the escalating tensions in the Middle East. Crude oil prices rallied from a six-week low, climbing by over 4% overnight. Bitcoin gave up recent gains, as…
Nomura-Backed Komainu Joins UK Crypto Register
[Oct 9, 2023 3:05 AM] The firm registered with the Financial Conduct Authority just before new ad rules took effect on Sunday.
Latam Insights: Argentina Announces National Digital Currency While Peso Sinks, Volcano Energy Launches Lava Pool
[Oct 9, 2023 2:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Argentine government announces a national digital currency project, Volcano Energy launches Lava Pool…
US consumer watchdog mulls applying e-banking laws to crypto
[Oct 8, 2023 9:33 PM] The head of the U.S. financial consumer watchdog says it’s looking to issue guidance on how crypto could fall into electronic fund transfer laws.
Berkshire Vice Chair Charlie Munger Warns Most Crypto Investments Will Go to Zero
[Oct 8, 2023 6:30 PM] Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, has expressed his belief that the majority of cryptocurrency investments will become worthless. Regarding bitcoin, the executive opined…
Joe Rogan Says Bitcoin Is the Most Likely Contender for a ‘Universal Viable Currency’
Social On-Chain App Stars Arena Suffers $2.9 Million Hack; Team Secures Funds to ‘Close the Gap’
[Oct 8, 2023 2:30 PM] Stars Arena, an on-chain social app built on the Avalanche blockchain, suffered a $2.9 million hack Saturday, when hackers took advantage of a vulnerability in its smart contract, draining funds. Stars Arena’s team has already announced that…
NFTs Can’t Catch a Break as Protracted Drop in Sales Continues
[Oct 8, 2023 12:30 PM] For the seventh week straight, non-fungible token (NFT) sales have slipped further. In the last week alone, NFT transactions totaled $66.11 million, marking an 11.65% decline from the previous week. NFT Sales Bleed Out: The Unrelenting Seven-Week…
Bitcoin Lingers in a ‘Neutral’ Phase as the Fear and Greed Index Signals Market Consolidation
The Rise and Retreat: Bitcoin’s Ordinal Inscription Wave Ebbs
[Oct 8, 2023 8:30 AM] Since September 25, 2023, the trend of Bitcoin-based Ordinal inscriptions has notably waned, hitting its most subdued levels since mid-April. On October 3 and 4, fewer than 17,000 inscriptions made their mark on Bitcoin’s distributed ledger…
Ian Freeman Sentenced for Selling Bitcoin Without License, Judge Swats Down SEC Appeal in Ripple Case, and More — Week in Review
Crypto Cards Still an Option to Spend Digital Cash in Fiat Environment
[Oct 8, 2023 3:30 AM] Rising regulatory pressures may have limited crypto cards on offer but they remain a viable way to pay with coins where only fiat is accepted. With them, you spend crypto and that’s without the need to exchange it beforehand as it often…
Certik Study: $332 Million Lost to Exploits, Hacks and Scams in September, More Than $1.3 Billion Lost in 2023
[Oct 8, 2023 12:30 AM] In the month of September, digital assets worth approximately $332 million were siphoned from trading platforms via methods that include flash loan attacks, exit scams, and exploits. The value of digital assets stolen through exploits rose from…
Robert Kennedy Jr. Promises to End White House War on Bitcoin — Says We Need ‘Freedom Currency’ That Government Can’t Control
[Oct 7, 2023 7:30 PM] U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised to end the White House’s war on bitcoin if he is elected President of the United States. “I’m going to make sure that bitcoin is protected, that people can keep their…
Tesla CEO Elon Musk Predicts ‘Comprehensive Overhaul’ of SEC With 100% Probability
[Oct 7, 2023 5:30 PM] Billionaire Elon Musk has called for a “comprehensive overhaul” of regulatory agencies, which includes the U.S. Securities and Exchange Commission (SEC). The Tesla and Spacex CEO added that there needs to be a commission to take punitive action…
Backed Finance Tokenizes Treasury Bond ETF on Coinbase’s Base Network
[Oct 7, 2023 3:30 PM] Backed Finance, a real-world asset tokenization issuer, announced its successful issuance of the first tokenized security on Coinbase’s Base, a layer two (L2) blockchain. The team introduced bIB01 tokens to the decentralized finance (defi)…
$8B Margin Mystery: Alameda’s Caroline Ellison to Testify Against Bankman-Fried Next Week
[Oct 7, 2023 12:00 PM] After hearing witness accounts in the FTX trial this week, proceedings will resume on Tuesday, October 10, 2023. Caroline Ellison, former CEO of Alameda Research, is reportedly slated to take the stand. Ellison’s testimony could be pivotal…
October Resurgence: Decade-Old Bitcoin Wallets Awaken, Moving Over $50 Million in Vintage BTC
Biggest Movers: BCH, TRX Snap Losing Streak to Start the Weekend
[Oct 7, 2023 8:30 AM] Bitcoin cash was one of the big gainers to start the weekend, as the cryptocurrency ended a two-day losing streak. Overall, the momentum in the market was marginally higher, as traders continued to consume the latest U.S. nonfarm payrolls report…
Solana Outshines Rivals On Weekend Top 10 Roster With 18% Rally
[Oct 7, 2023 8:00 AM] Solana experienced a significant surge of approximately 20% during the last few days of September and into the first week of October. This sudden price increase has piqued the interest of investors and enthusiasts alike, sparking discussions about…
Bitcoin, Ethereum Technical Analysis: BTC Back Above $28,000 Following Comments from Joe Rogan, Sam Altman
When Are AMMs Coming To XRP Ledger? Ripple CTO Gives Clear Answer
[Oct 7, 2023 4:30 AM] Following the announcement that the AMM functionality would be proposed as an amendment under the latest rippled version, many in the XRP community have continued to wonder how soon it could be implemented if passed. As a result, Ripple’s Chief…
Bank of Korea and BIS Prepare Wholesale CBDC Pilot
[Oct 7, 2023 4:30 AM] The Bank of Korea and the Bank for International Settlements (BIS) have announced a new pilot that will test the functionality of a Korean wholesale central bank digital currency (CBDC), which will serve as a tool for banks to settle interbank…
Chainalysis Lays Off More Staff in New Round of Crypto Job Cuts
[Oct 7, 2023 2:30 AM] Blockchain forensics firm Chainalysis is shedding a chunk of its workforce, the second time it’s doing so within this year. The news comes in a difficult period for the whole industry which saw a number of such moves in 2023, against the backdrop…
What Is ADA? A Brief History of the Proof-of-Stake Blockchain Network Cardano
[Oct 7, 2023 12:30 AM] On October 6, 2023, the cryptocurrency Cardano, known by its ticker ADA, is ranked as the eighth-largest in market capitalization, valued at just over $9 billion, or 0.817% of the $1.08 trillion cryptocurrency market. As the digital currency…
Report: Hong Kong Crypto Exchange JPEX Converts Users’ Funds to an Illiquid Digital Token
[Oct 6, 2023 10:30 PM] The Hong Kong cryptocurrency exchange JPEX recently converted user funds to a native token known as JPC. According to JPEX, affected users will only be able to cash this token out after two years. One affected user said the crypto exchange did not…
Kraken to Expand Its Presence in Europe With Acquisition of Dutch Crypto Broker
[Oct 6, 2023 8:30 PM] Crypto exchange Kraken has unveiled its plan to acquire Dutch crypto broker Coin Meester B.V. (BCM). Kraken explained that the Netherlands is a key market in its European expansion plans. “We are committed to growing our business in…