48 / 255 Relevant items tagged with #Cryptocurrency
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2024 Report Finds 96% of NFTs Declared ‘Dead’ Amid Market Instability
Latam Insights Encore: Learning From El Salvador’s Lesson on Using Bitcoin as a Rebranding Tool
[Sep 3, 2024 11:30 AM] Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we discuss how other countries can learn to use bitcoin as a rebranding tool, following El…
New zero-KYC proposal aims to secure P2P crypto transactions
[Sep 3, 2024 8:15 AM] A Reddit user’s draft proposal aims to prevent MitM scams in P2P cryptocurrency markets by securing transactions without KYC.
Holy Bitcoin: Paraguayan Power Company Detects Illegal Crypto Mining Operation in a Church
[Sep 3, 2024 7:30 AM] The National Power Administration of Paraguay (ANDE) recently detected an illegal bitcoin mining operation in an evangelical church. The church, which shared a power line with a nearby store, had established a connection before its power meter that…
TON Blockchain Reaches 1 Billion Transactions
[Sep 3, 2024 6:30 AM] The TON blockchain recently announced it has reached a milestone, registering a billion completed transactions on its network. Through its social media channels, the TON network team explained that half of this volume had occurred during the last…
Venezuelan President Nicolas Maduro Proposes Retaking the ‘Crypto Path’
[Sep 3, 2024 3:30 AM] Venezuelan President Nicolas Maduro discussed the possible future of the national cryptocurrency system following the so-called PDVSA-Crypto scheme, which resulted in the loss of $20 billion in unaccounted oil sales paid in crypto. Maduro stated…
WazirX Heist: Legal Advisers Doubt Full Crypto Recovery For Customers
[Sep 3, 2024 2:00 AM] The legal team for WazirX said today that the exchange’s customers doubt whether the exchange should be made whole in crypto terms. Another Jolt For The Affected WazirX Users Leading Indian cryptocurrency exchange WazirX suffered a massive security…
SBI VC Trade and Metaplanet Team Up for Advanced Bitcoin Trading Solutions
Coinbase Legal Chief Criticizes SEC’s Vague Position on FTX Plan — Says Investors Deserve ‘Way Better’
Russian Analyst Examines Post-Airdrop Performance of Hamster Kombat Token
[Sep 2, 2024 7:27 PM] Vladislav Antonov, a financial analyst at Bitriver, one of Russia’s largest mining data center operators, believes that post-airdrop interest in Hamster Kombat, the popular tap-to-earn game, will grow quickly. However, if the game fails to…
Crypto Market Wobbles: Helium Gains While Zcash Leads Week’s Declines
[Sep 2, 2024 2:05 PM] While bitcoin and ethereum dipped between 8.6% and 8% against the U.S. dollar, most crypto assets didn’t have a winning week. However, helium (HNT) bucked the trend, soaring by 15.43% against the dollar over the past seven days. On the flip…
Bitcoin’s August Slump: Dormant Wallets Stirred, But Vintage BTC Spending Slowed
[Sep 2, 2024 1:40 PM] Bitcoin faced a challenging August, with its price dipping by 8.6%. Data shows that although 84 previously inactive bitcoin wallets became active last month, the total amount of vintage BTC spent was lower in August than in July. Specifically…
Ethereum Technical Analysis: ETH Price Hovers in Consolidation Zone
[Sep 2, 2024 12:33 PM] On September 2, 2024, ethereum was priced at $2,517, with a 24-hour intraday range of $2,407 to $2,531. Over the past week, its price fluctuated between $2,409 and $2,740, reflecting ongoing volatility. With a 24-hour trading volume of $14 billion…
Bitcoin Technical Analysis: BTC Fails to Break Key Resistance Levels
[Sep 2, 2024 12:01 PM] On September 2, 2024, at 7:30 a.m. EDT, bitcoin’s price stood at $58,388, fluctuating within an intraday range of $57,257 to $58,698. With a trading volume of $29.57 billion and a market capitalization of $1.15 trillion, the leading crypto…
Bilateral Settlement Between China and Russia Worsens Due to New Sanctions
[Sep 2, 2024 11:30 AM] The payment flow between China and Russia is being disrupted once again due to the enactment of a new package of sanctions that includes 46 Chinese companies allegedly assisting the Russian war effort. This has affected imports of dual-use…
Latam Insights: Bukele Used Bitcoin as a Rebranding Tool; Bitcoin Mining Companies Stop Operating in Paraguay After Power Fee Hikes
[Sep 2, 2024 5:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: Salvadoran President Nayib Bukele acknowledges that bitcoin rebranded the country, some bitcoin mining…
Whales hoarding Bitcoin: Wallets with 100 or more hit 17-month high
[Sep 2, 2024 3:32 AM] Bitcoin whales have been increasingly active lately, gobbling up more crypto as smaller traders feel the pressure and sell their holdings.
Plastic Surgery Fails to Help Crypto Scammer Evade Arrest After 10 Months
[Sep 2, 2024 3:30 AM] South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12 million). Operating from November 2021 to June 2022, he promised an 18% monthly return on investments in a…
Coinbase Reports Its First AI-to-AI Crypto Transaction
Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm
[Sep 1, 2024 11:30 PM] Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike…
Brazilian Supreme Court Bans X, Imposes Fines for VPN Circumvention
[Sep 1, 2024 8:30 PM] The Brazilian Supreme Court ordered a nationwide ban on X after a prior order mandating the social platform to assign a local representative was ignored. Brazilians began to lose access to the site on Saturday, as the Supreme Court prohibited…
US Election-Year Bull Runs: How Bitcoin Historically Surged Post-Victory
[Sep 1, 2024 7:30 PM] With just 65 days remaining until the U.S. presidential election, bitcoin wrapped up August with an 8.6% decline compared to where it started the month. Historically, in the last two election cycles, bitcoin’s value has only shown…
Gaming Blockchain Oasys Announces Partnership With Japanese Conglomerate SBI Holdings
[Sep 1, 2024 10:08 AM] Oasys, a Web3 gaming-oriented blockchain project, announced a strategic partnership with SBI Holdings, one of the largest financial conglomerates in Japan. As part of this partnership, Oasys secured an undisclosed amount of funding to grow the…
Canadian Court Orders Man to Repay $1.2 Million in Bitcoin Loan Dispute
[Sep 1, 2024 8:30 AM] A court in British Columbia, Canada, has ordered Daniel Tambosso to repay Hung Nguyen $1.2 million for a loan of 22 bitcoins made in 2021. Nguyen, a Canadian real estate agent, claimed the loan constituted his entire savings, and Tambosso’s failure…
Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates
[Sep 1, 2024 12:30 AM] Bitmex co-founder Arthur Hayes is optimistic about bitcoin’s future, citing recent interest rate cuts by central banks. He believes further rate cuts by the U.S. Federal Reserve, Bank of England, and European Central Bank could expand the…
Dogecoin Manipulation Lawsuit Against Elon Musk and Tesla Dismissed
[Aug 31, 2024 11:17 PM] Elon Musk and Tesla Inc. successfully had a lawsuit dismissed that accused them of manipulating the price of dogecoin (DOGE) for personal gain. A U.S. District Judge in Manhattan ruled that the plaintiffs failed to provide convincing evidence…
Crypto Market In Trouble As Analyst Predicts $1 Trillion Crash
[Aug 31, 2024 7:30 PM] The crypto market has seen some recovery over the last few days, with the weekend becoming one of its most bullish periods. However, despite the notable rise in the crypto market, crypto analyst Alan Santana has warned of a potential crash that…
Bukele States Bitcoin Was an Effective Rebranding Tool for El Salvador
[Aug 31, 2024 6:40 PM] President Nayib Bukele pondered how El Salvador adopted the bitcoin banner and evaluated how it has fared for the country so far. In a recent interview given to Time magazine, Bukele admits that while Bitcoin adoption has not grown as he expected…
Physics for fintech: How quantum AI can make humans better crypto traders
[Aug 31, 2024 5:26 PM] Scientists are using quantum algorithms to uncover new insights into how our brains learn and apply information.