157 / 238 Relevant items tagged with #cryptocurrency
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Australian Bitcoin Miner Iris Energy Set to Acquire 8,380 New-Generation T21 Miners
[Dec 16, 2023 1:00 AM] Bitcoin mining company Iris Energy Limited said on Dec. 15 that it expects to take delivery of 8,380 new-generation T21 miners from Bitmain. Delivery of the mining machines is expected to help Iris Energy fulfill its goal of increasing its…
IMF Chief Calls for Clear Crypto Regulation — Warns High Crypto Adoption Could Undermine Financial Stability
[Dec 15, 2023 10:00 PM] The head of the International Monetary Fund (IMF) has called for clear crypto regulations worldwide, cautioning that high crypto adoption could undermine macro-financial stability. “Our goal is to make a more efficient, interoperable, and…
Finance Professor Blasts SEC’s Potential Cash-Only Rule for Spot Bitcoin ETFs Citing Benefits of In-Kind Model
[Dec 15, 2023 8:30 PM] A finance professor at Georgetown University has urged the U.S. Securities and Exchange Commission (SEC) to avoid micromanaging the creation/redemption process for spot bitcoin exchange-traded funds (ETFs). While the SEC proposed the cash creation…
Arbitrum Network Faces Major Outage, ARB Token Faces 4% Decline
[Dec 15, 2023 7:00 PM] Arbitrum (ARB), a prominent Ethereum scaling solution, encountered a significant downtime event on December 15, according to the network’s status page. The incident prompted an immediate investigation into the root cause and the deployment…
SEC Chair Gensler Reveals Regulator Is ‘Taking a New Look’ at Spot Bitcoin ETF Filings
[Dec 15, 2023 7:00 PM] U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has revealed that the regulator is taking a new look at spot bitcoin exchange-traded fund (ETF) applications based on recent court rulings. “We had in the past denied a…
Crypto Crimes Highlighted in IRS Criminal Investigation’s 2023 Top 10 Criminal Cases
[Dec 15, 2023 5:30 PM] In the IRS’s list of top 10 criminal cases for 2023, cryptocurrency frauds are featured, ranging from multi-million dollar tax evasions to elaborate money laundering schemes. Crypto Scams Among Most Significant Financial Crimes in IRS…
JPMorgan Analysts Predict Ether Will Outperform Bitcoin Next Year; Halving Priced In
[Dec 15, 2023 2:30 PM] JPMorgan analysts predict ether, the main asset of the smart contracts enabled Ethereum blockchain, will likely outperform bitcoin next year. A note released this week explains that Proto-Danksharding, an update coming to Ethereum next year to…
Bitget Forecasts BTC to Reach $100,000 and ORDI’s Ascent in Next Bull Market
[Dec 15, 2023 1:00 PM] In a newly published prediction report, Bitget, a leading derivatives crypto exchange, forecasts a vibrant future for the Bitcoin ecosystem, with BTC potentially soaring to $100,000 and the ORDI BRC20 token climbing the ranks in the next bull…
Navigating this bull market and securing profit will be tougher than it seems
[Dec 15, 2023 12:12 PM] There are a few things you should do if you want to succeed in crypto during a bull market. But above all, remember to take profit.
Bitcoin Celebrates One Year of Ordinal Inscriptions With 48 Million Mark Hit, Signaling Longevity Despite Ongoing Debate
[Dec 15, 2023 11:30 AM] On Dec. 15, 2023, a significant milestone was achieved in the Bitcoin blockchain world, just a day shy of the anniversary of the first Ordinal inscription. The total count of Ordinal inscriptions has impressively hit the 48 million mark. Despite…
Connect Kit Exploit Sparks Criticism of Ledger’s Security Framework
Ethereum Technical Analysis: ETH Faces Downward Pressure; Bearish Trends Emerge Amidst Market Volatility
[Dec 15, 2023 8:15 AM] As of Dec. 15, 2023, ethereum’s price exhibits intricate dynamics, standing at $2,259. Oscillators and moving averages paint a mixed picture, while the 4-hour and daily charts reveal patterns of consolidation and a short-term downtrend…
Bitcoin Technical Analysis: BTC’s Consolidation Phase Signals Cautious Market Approach
Nearly Half of Users Primarily Use Crypto to Earn Extra Income — Binance Study
Coinbase Reveals ‘Project Diamond’ Initiative, Targets Institutions Issuing Native Digital Assets
[Dec 15, 2023 5:00 AM] Coinbase, the largest U.S.-based crypto exchange, has revealed Project Diamond, an initiative that seeks to provide the tools for institutions to issue native digital assets. The project, which integrates several technologies, including…
Adam Back Says ‘Suck That Truthoors’ as Cantor Fitzgerald CEO Reveals Company Holds Tether’s Treasuries
[Dec 15, 2023 3:00 AM] Howard Lutnick, CEO of Cantor Fitzgerald, a Wall Street private financial services company, has recently confirmed that they lent their services to Tether, the issuer of the biggest stablecoin in the cryptocurrency market. On CNBC’s Money…
Coinbase International Exchange Launching Spot Crypto Trading
SEC Chair Gensler: We Do Things According to Our Authorities and How Courts Interpret Them
[Dec 14, 2023 9:00 PM] U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has affirmed that the securities regulator acts according to its authorities and how the courts interpret them. This includes how the agency plans to deal with spot bitcoin…
Bitwise Unveils 10 Crypto Predictions for 2024: Bitcoin to Surpass $80,000, Spot Bitcoin ETFs Could Capture $72 Billion
[Dec 14, 2023 7:00 PM] Crypto asset manager Bitwise has unveiled 10 crypto predictions for 2024 that include bitcoin trading over $80,000, setting a new all-time high. The firm also estimates that spot bitcoin exchange-traded funds (ETFs) could capture $72 billion in…
Matrixport Predicts Bitcoin 2024 Surge, Regardless Of Spot ETF Approval – Here’s Why
[Dec 14, 2023 6:00 PM] As the final months of the year approach, the anticipation surrounding the approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) has generated considerable excitement among analysts and traders…
Ledger Connect Kit Breach: Hacker Siphons $484K, Company Rolls Out Version 1.1.8
[Dec 14, 2023 1:00 PM] The unknown attacker that compromised Ledger’s Connectkit Library has reportedly siphoned $484,000 from wallets, according to the onchain intelligence firm Lookonchain. Ledger disclosed a former employee fell victim to a phishing attack and the…
Bitcoin Transaction Fees Spike Amid Rising Backlog and Relentless Ordinal Inscription Trend
[Dec 14, 2023 11:00 AM] Bitcoin transaction fees have surged again. On Dec. 6, 2023, bitinfocharts.com reported that the average cost of a bitcoin transaction soared to $27.55. Presently, the average transaction fee hovers around $13.93, alongside a growing backlog of…
Crypto Exchange Bitget Reveals Mandatory KYC Policy With Incentives for Early Compliance
[Dec 14, 2023 9:00 AM] On Thursday, the crypto exchange Bitget, headquartered in Seychelles, announced its decision to implement comprehensive Know Your Customer (KYC) policies across its platform. These new KYC requirements are set to take effect on December 15, 2023…
Lolli Secures $8M in Series B Funding to Boost Crypto Adoption Through Innovative Rewards System
[Dec 14, 2023 8:30 AM] With a fresh infusion of $8 million in Series B funding, Lolli aims to be well positioned to continue improving upon and growing the cryptocurrency rewards sector. Lolli Secures $8 Million for Crypto Rewards Market Expansion Lolli, a prominent…
BREAKING: Sushi DeFi Security Breach: CTO Sounds Alarm, SUSHI Price Drops 4%
[Dec 14, 2023 8:00 AM] In a significant blow to the decentralized finance (DeFi) sector, the Sushi DeFi protocol has fallen victim to its second exploit this year. The protocol’s Chief Technology Officer (CTO), Matthew Lilley, has issued a stark warning to users…
Ledger Library Exploit Alert: Users Warned Against Interacting With Dapp Front Ends Amid Wallet Drainer Risk
[Dec 14, 2023 7:59 AM] According to several reports, there’s been an alleged Ledger Connectkit Library exploit and people are being warned not to interact with decentralized application (dapp) front ends. Reportedly, the library that maintained several dapps now contains…
Report: Montenegro High Court Extends Do Kwon’s Detention by 2 Months
Salvadoran Bitcoin Volcano Bonds Target Q1 2024 Launch After Getting Regulatory Approval
[Dec 14, 2023 5:00 AM] Discussion on the Volcano Bonds, a series of digital debt instruments that would be used to finance the creation of Bitcoin City, has resurfaced after their regulatory approval in El Salvador. The Bitcoin Office in the country revealed that it…
Uptick in Token Generation Events Signals Market Shift
[Dec 14, 2023 2:00 AM] The behavior of the cryptocurrency market has changed, with a newfound interest in Token Generation Events (TGEs) and rapid listings, pointing to a potentially revitalized crypto market and an influx of new projects. Crypto Market Shifts Gears With…