169 / 255 Relevant items tagged with #Cryptocurrency
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Barry Silbert Resigns as Chairman of Grayscale Investments
[Dec 26, 2023 1:30 PM] Digital Currency Group (DCG) founder Barry Silbert has resigned from his position as the chairman of Grayscale Investments. Current DCG chief financial officer Mark Shifke succeeds Silbert and is joined by Edward McGee and Matthew Kummell as…
ORDI’s Record Rally — Leading the Charge in Bitcoin’s BRC20 Token Boom
[Dec 26, 2023 11:30 AM] On Dec. 26, 2023, the Bitcoin-based BRC20 token, ORDI, soared to a record $81.34 per coin before declining over 14% from its peak. BRC20s have emerged as significant players in the crypto asset arena, with several tokens mirroring ORDI’s…
Defi Rebounds: Total Value Locked and Token Prices Surge as 2023 Marks a Year of Recovery and Growth
[Dec 26, 2023 9:30 AM] On April 3, 2022, decentralized finance (defi) protocols held approximately $163 billion total value locked (TVL). By the start of January 2023, this amount declined to $38.30 billion. Concurrently, in April 2022, the leading defi tokens by market…
MS Wallet Drainer Has Siphoned Over $58 Million Using Google and X Phishing Ads
[Dec 26, 2023 3:30 AM] A recent report from Scam Sniffer, an anti-scam solution, revealed that MS Wallet Drainer, a cryptocurrency malware tool, has managed to siphon over $58 million in crypto since March. The drainer uses Google search and X ads phishing links as a…
Bulgarian Prosecutors Drop Charges Against Crypto Lender Nexo — ‘No Evidence of Criminal Activity’
China’s State Administration of Foreign Exchange Cracks Down on $2.2 Billion Crypto Exchange Ring
[Dec 25, 2023 11:30 PM] The Chinese State Administration of Foreign Exchange (SAFE) has cracked down on an underground bank that used crypto to offer illegal exchange services. The operation, which had over 1,000 bank accounts and a presence in 17 provinces, moved over…
US Lawmaker Spotlights Crypto Bills Approved by House Committee This Year
[Dec 25, 2023 9:30 PM] U.S. Congressman Tom Emmer has highlighted various crypto bills that passed out of the House Committee on Financial Services this year. Among them is his appropriations amendment barring the U.S. Securities and Exchange Commission (SEC) “from…
Polygon Founder Recaps 2023: MATIC’s Surge Powers Through Resistance With 4% Uptrend
Tim Draper Expects Bitcoin Price to Hit $250,000 in 2024
Coinbase Fires Back at Senator Elizabeth Warren — Says Accusations Are Unfounded
VeChain Skyrockets By 77% To Reach New Yearly High, Analyst Bullish On VET Targeting $1.6
[Dec 25, 2023 4:00 PM] In a remarkable display of bullish movement, the smart contract blockchain VeChain, and its native token VET have emerged as significant players in the altcoin rally, experiencing an impressive surge of 77% since the end of November. Over the past…
Survival of the Fittest: The Evolution and Consolidation of ASIC Bitcoin Mining Rig Makers
[Dec 25, 2023 3:30 PM] Several years ago, the landscape of ASIC bitcoin mining producers was diverse. Yet, over the recent couple of years, a select few top manufacturers have sustained the production of bitcoin mining rigs. ASIC Mining’s Changing Landscape Once…
Bitcoin Breaks Records: Christmas Eve Sees Lifetime Surge in Daily Transactions and Hashrate
[Dec 25, 2023 1:30 PM] On Dec. 24, 2023, Bitcoin shattered yet another daily transaction milestone, with miners confirming 723,459 transfers in a single day. The transaction rate on Christmas Eve exceeded the former peak of 710,579 verifications on Nov. 19, 2023…
Frog-Inspired Meme Token PEPE Drops to Fifth Place Amidst Dog-Centric Competition
[Dec 25, 2023 11:30 AM] While the meme coin pepe (PEPE) has risen by 29% in the last month and boasts a significant increase since its inception, a six-month review reveals a decline of over 8% in its value. Furthermore, despite its previous standing as the third-largest…
2023 Marks Bitcoin’s Spirited December Surge: A Glimpse Into Crypto’s Festive Frenzy
Seychelles-Based Crypto Exchange MEXC Rejects ‘Baseless’ User Asset Freeze Claims
Study: Nvidia Stock and Bitcoin the Top Two Performing Assets in 2023
[Dec 25, 2023 5:30 AM] With its U.S. dollar value having risen by nearly 160% since the start of the year, bitcoin is set to end 2023 as one of the best-performing assets. Only semiconductor giant Nvidia’s stock has outperformed the top crypto asset in 2023 so…
Japanese Cabinet Approves Tax Reform Eliminating Unrealized Crypto Gains Tax for Companies
[Dec 25, 2023 3:30 AM] The Japanese government has approved a tax reform that removes some crypto taxes for corporations and conglomerates. The reform, discussed since early December, removes the unrealized gains taxes on crypto holdings for companies, paving the way for…
Former Bitmex CEO Arthur Hayes: ETF Success’ Might ‘Destroy Bitcoin’
[Dec 24, 2023 10:30 PM] Arthur Hayes, former CEO of Bitmex and cryptocurrency market analyst, pondered about the success of an upcoming spot bitcoin ETF and its effect on the future of bitcoin. Hayes states that the popularity of these ETF derivatives might concentrate…
Epic Games Store Changes Policies to Allow Blockchain Games in Its Platform Again
[Dec 24, 2023 7:30 PM] The Epic Games Store, the digital distribution storefront owned by Epic Games, has made changes that will allow some blockchain games to be listed on its platform again. Epic Games has announced that it will now admit games rated as “Adults…
Bitcoin Fork Discussions Surface Over Block Space Constraints and Ordinals
[Dec 24, 2023 4:30 PM] While no formal announcement has been made, murmurs of a potential Bitcoin fork are emerging amidst discussions on block space, Ordinal inscriptions, and escalating fees. Such speculation has led some to believe that a significant Bitcoin fork…
Bitcoin Mining Difficulty Hits Record 72 Trillion Amid Hashrate Surge and $600M Spent on ASICs in December
[Dec 24, 2023 2:30 PM] On Dec. 23, 2023, Bitcoin’s mining difficulty soared to a record level at block height 822,528. The difficulty surged by 6.98%, marking the most substantial escalation in nine months, since March 23. This increment set a new precedent…
Bitcoin Options Open Interest Skyrockets Past $18 Billion as Traders Anticipate SEC ETF Decision
[Dec 24, 2023 12:30 PM] Bitcoin options open interest has soared to unprecedented levels, surpassing the $18 billion threshold on Dec. 22, 2023. Currently, evidence indicates that bitcoin traders are leveraging bitcoin options to mitigate risk and speculate on the future…
NFT Sales Dip — Bitcoin Dominance and Solana’s Rise Challenge Ethereum’s NFT Authority
[Dec 24, 2023 10:30 AM] In the last week, sales of non-fungible tokens (NFTs) have fallen by 12.26%, totaling $463.87 million, marking a decrease from the previous week. NFTs centered around Bitcoin topped the chart, amassing $265.61 million in sales, despite a 13.71%…
Brandt Bucks BTC Halving Hype, Vitalik’s Big Transfer, Spot Bitcoin ETF Developments, and More — Week in Review
Argentine Foreign Minister: Financial Contracts Can Now Be Denominated in BTC
Law Offers Fast-Track Citizenship for Bitcoin Donations to El Salvador, Report Says
Hive Amplifies Bitcoin Mining Might With 7,000 Bitmain S21 Units
[Dec 24, 2023 1:30 AM] The publicly-listed company Hive Digital Technologies, based in Vancouver, has announced the acquisition of 7,000 new application-specific integrated circuit (ASIC) bitcoin mining rigs from Bitmain. The ordered Antminer S21 units are slated for…