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Bitcoin, Ethereum Technical Analysis: BTC Consolidates Recent Gains Ahead of FOMC Decision
[Sep 20, 2023 6:30 AM] Bitcoin retreated from recent highs on Wednesday, ahead of the upcoming U.S. Federal Open Market Committee (FOMC) interest rate announcement. The Fed is expected to keep rates unchanged, despite inflation rising by more than expected in August…
CoinEx to resume service with new wallet system following $70M hack
[Sep 20, 2023 6:25 AM] CoinEx has rebuilt its wallet system following a $70 million hack and is set to resume deposit and withdrawals for select cryptocurrencies.
Kenyan Minister: US Government Recently Foiled Attempt to Detain Worldcoin Representatives
[Sep 20, 2023 5:30 AM] Kenyan law enforcement recently detained two Worldcoin executives as they attempted to depart the country. According to the Kenyan Interior Minister, the duo were eventually let go after the U.S. government’s intervention. U.S. Government…
What Are Rollups? Ethereum’s Main Scaling Solution Examined
[Sep 20, 2023 4:00 AM] Rollups are structures that have been designed as a way of scaling Ethereum’s capacity to process transactions and data. They group a bunch of tasks and compute them offchain, only posting the result of these transactions to Ethereum…
‘Lack of Finality’ — Single Mining Pool Commands 53% of Zcash’s Hashrate
[Sep 20, 2023 1:00 AM] Recent data shows a single mining pool controls more than 53% of the hashrate for the cryptocurrency network Zcash. On September 19, 2023, the crypto mining pool Viabtc had 4.2 giga solutions per second (GSol/s) of Zcash’s total 7.84 GSol/s…
Lawyer Who Laundered Onecoin Money Denied New Trial
[Sep 19, 2023 11:30 PM] A judge in the U.S. has rejected a request by a lawyer who laundered $400 million from the Onecoin crypto pyramid to have a new trial. The ruling clears the path for sentencing 54-year-old Mark Scott despite a key prosecution witness admittedly…
New York Shrinks List of Pre-Approved Crypto — DOGE, XRP Among Coins Removed
[Sep 19, 2023 5:30 PM] New York’s financial regulator has significantly reduced the number of pre-approved cryptocurrencies that licensed crypto trading platforms can list. XRP, dogecoin, litecoin, and ethereum classic are among the coins removed from the…
Microbt Plans to Launch Next-Gen Bitcoin Mining Machine With 1X Efficiency Rating
[Sep 19, 2023 4:00 PM] On September 19, 2023, Microbt, the manufacturer of bitcoin (BTC) application-specific integrated circuit (ASIC) mining rigs, revealed its intentions to introduce an innovative mining machine with an efficiency rating of 1X joules per terahash…
Report: Hodlnaut’s Judicial Managers Oppose OPNX Takeover
[Sep 19, 2023 2:30 PM] According to a recent court filing, interim judicial managers for the troubled crypto lender Hodlnaut oppose a takeover by the crypto firm OPNX, which is linked to the now-defunct crypto hedge fund Three Arrows Capital and its founders. OPNX…
The ‘Family Business’ — FTX Founder’s Parents Accused of Siphoning Millions From Bankrupt Exchange
[Sep 19, 2023 11:30 AM] The parents of disgraced FTX founder Sam Bankman-Fried are being accused of misappropriating millions in customer funds from the now-bankrupt cryptocurrency exchange. The attorneys for Joseph Bankman and Barbara Fried firmly assert that the…
Bitcoin Shatters Records With Over 703,000 Transactions Confirmed in a Single Day as Ordinal Inscriptions Soar
[Sep 19, 2023 10:00 AM] The count of Bitcoin ordinal inscriptions is on an upward trajectory, with the tally now eclipsing a staggering 33 million. Additionally, a milestone was achieved on September 15, 2023, when the Bitcoin blockchain set a new record by registering an…
Bitcoin Mining Hits Toughest Era: Record Difficulty and Hashrate Peaks Define September 2023
Bitcoin, Ethereum Technical Analysis: BTC Remains Above $27,000, Following Moving Average ‘Death Cross’
[Sep 19, 2023 6:30 AM] Bitcoin continued to trade above the $27,000 level on Tuesday, after a crossover of moving averages triggered a return of bullish sentiment. The move pushed price to a multi-week high, with the global market cap trending over 1% higher. Ethereum…
‘Embracing Tokenization Now Is a Strategic Move for the Future’ — Metatime CEO Yusuf Sevim
[Sep 19, 2023 5:30 AM] While tokenization of real-world assets (RWAs) like gold and real estate is a prospect that unnerves stakeholders in traditional financial systems, according to Yusuf Sevim, the co-founder of the decentralized protocol Metatime, this can…
Blockchain Data Visualization Startup Bubblemaps Secures $3.2M in Seed Funding
[Sep 19, 2023 2:30 AM] Paris-based Bubblemaps, a firm specializing in blockchain data visualization, announced on Monday that it had secured $3.2 million in seed funding from a group of investors. Bubblemaps stated that the newly acquired funds would be directed toward a…
CoinEx hack - compromised private keys led to $70M theft
[Sep 19, 2023 1:48 AM] CoinEx confirms that compromised private keys gave hackers access to hot wallets, leading to $70 million hack.
Crypto VC Firm Blockchain Capital Secures $580M For Expansion Of Investment Funds
[Sep 18, 2023 8:00 PM] Blockchain Capital, a venture capital company founded by Bart Stephens and Brad Stephens in 2013, has successfully closed two new funds, raising a total of $580 million. The firm’s general partner, Spencer Bogart, confirmed the news to…
Bitcoin Price Outlook for September
[Sep 18, 2023 1:00 PM] After weeks of consolidation, bitcoin has started the second half of September in relatively bullish fashion. Prices have once again surged above the $27,000 level, which comes as traders attention turns to the upcoming Federal Reserve meeting…
From $10,000 to $24 Million: 909 ‘Sleeping Bitcoins’ From 2012 Stir After 11 Years
Dex Trade Volumes Plunge 37% Since May; September Volumes Could Be Even Lower
[Sep 18, 2023 8:00 AM] After capturing $66.5 billion in May, decentralized exchange (dex) trade volumes have fallen for four consecutive months, with August statistics reaching a 2023 low of $41.7 billion. Metrics for the first half of September do not show improvement…
Bitcoin, Ethereum Technical Analysis: BTC Surges Above $27,000 as Bulls Return Ahead of Upcoming FOMC Meeting
[Sep 18, 2023 6:47 AM] Bitcoin pushed past the $27,000 level on Monday, as markets prepared for the upcoming Federal Reserve interest rate decision. Bullish sentiment was in full force in today’s session, despite the prospect of yet another rate hike. Ethereum was…
Latam Insights: Crypto Adoption Booms in Latam Nations, Milei Bashes Socialism
Ethereum Co-Founder Insists ETH Is a Commodity Amid SEC Crackdown on Crypto Securities
[Sep 18, 2023 4:00 AM] Ethereum co-founder Joseph Lubin says he stands by his conviction that ether is a commodity despite the U.S. Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, trying to assert authority over all crypto tokens, except bitcoin…
Softbank Looking to Invest Billions in AI After Pausing Crypto Investments
[Sep 18, 2023 2:30 AM] Softbank, one of the largest investment management conglomerates in the world, is reportedly eyeing several investments in the artificial intelligence (AI) field after having paused its crypto investments. According to the Financial Times, Softbank…
Crypto Community Skeptical of Blackrock’s XRP Pivot Rumors
[Sep 17, 2023 10:30 PM] Many crypto proponents have warned that despite a small connection between Blackrock and XRP, the news of the world’s largest asset manager shifting focus from bitcoin to XRP is fake. Blackrock is currently waiting for the U.S. Securities…
Senator Elizabeth Warren’s Crypto Bill Gains Support Among US Lawmakers
[Sep 17, 2023 8:30 PM] Nine U.S. lawmakers have thrown their support behind the Digital Asset Anti-Money Laundering Act, recently reintroduced in Congress by Senators Elizabeth Warren, Roger Marshall, Joe Manchin, and Lindsey Graham. Experts have warned that this crypto…
Rich Dad Poor Dad Author Robert Kiyosaki: Crypto Is the Future, Fiat Money Is Toast
FTX Restores Full Access to Claims Portal After Cybersecurity Breach
[Sep 17, 2023 2:30 PM] The portal allowing FTX customers to file claims with the bankrupt cryptocurrency exchange is again fully operational after a recent security incident. User accounts that were affected by the breach in August have been unfrozen, the failed crypto…
Animoca Game Studio to Launch BTC-Based Metaverse Token, Signaling New Era for Bitcoin
[Sep 17, 2023 12:30 PM] Animoca Brands subsidiary Darewise Entertainment has announced plans to launch the first-ever metaverse token for the Bitcoin blockchain. The studio says the new token aims to power a full ecosystem on Bitcoin for gaming, brands, and real-world…