Over the years, Bitcoin’s network has been no stranger to long lines of transactions waiting to get confirmed, which forces fees to skyrocket and triggers alarms across Crypto Twitter and beyond. And the network is currently going through another bout of congestion, observed Bitcoin on-chain analyst Willy Woo. “The mempool is now at the highest […]
Developers of the interoperability blockchain Polkadot (DOT) will test a new process that aims to significantly improve the scalability of the network and expand the number of supported parallel chains. Speaking at the Polkadot Developer Conference, Sophia Gold, engineering lead at Polkadot contributor Parity Technologies, says asynchronous backing will allow the blockchain to increase the […]
Ethereum (ETH) co-creator Vitalik Buterin reportedly says that central bank digital currencies (CBDCs) are not developing in the way he had once hoped for. In a new interview with CNBC, Buterin says that he was once more optimistic about CBDCs, but now he believes they have mostly become “front ends” for the traditional banking system. […]
Cryptocurrency. Once-hyped NFTs now are largely worthless, study finds. Sep. 24, 2023 2:42 PM ETEthereum USD (ETH-USD)By: Max Gottlich, SA News …
Polygon Labs has suggested that the Celo blockchain community consider utilizing its Chain Development Kit (CDK) to streamline the intended layer-2 migration on the Ethereum network. The proposal comes after cLabs, the primary development team behind Celo, unveiled an alternative strategy in July to transition its layer-1 into an Ethereum-compatible layer-2 solution by utilizing Optimism’s […]
Former SEC enforcement veteran, John Reed Stark, recently raised eyebrows with pointed critique regarding scarcity of action from US Department of Justice (DOJ) in crypto-related cases
Blockchain projects should learn from Google and Facebook by monetizing their users without directly asking for their money.
British bank Nationwide accidentally made one of its customers an overnight multimillionaire after abruptly adding about $10.9 million into his account. Dane Gillespie from Belfast, Ireland, says he cashed a birthday check worth about $10,900 into his Nationwide account – and was shocked to see a massive pile of cash enter his account. The bank, […]
A leading analytics firm says that Chainlink (LINK) and three additional altcoins may continue to see more surges amid bullish on-chain data readings. Looking at Chainlink, Santiment says the decentralized oracle network is rallying on the back of increased unique address activity. “The amount of unique LINK addresses interacting on the network hit 3,964 yesterday, […]
The United States, the United Kingdom, and the Netherlands have collaborated to support Ukraine law enforcement in addressing the increasing incidence of crypto crime within the nation. “The training, which was offered virtually, provided Ukrainian law enforcement with tools to combat money laundering, analyze fraudulent cryptocurrency transactions, and improve the effectiveness of blockchain forensic investigations,” […]
Real-world asset tokenisation has been heralded as the intersection between decentralised and traditional finance. The first sprouts of RWA adoption were seeded back in 2015, when banks looked past their anti-crypto stance to consider the groundbreaking potential of blockchain technology. The utility of asset tokenisation has evolved significantly since then – and more than just […]
Coinbase’s layer 2 scaling solution, called Base, has seem a meteoric rise in popularity recently. In just six short weeks since its launch, Base’s total value locked (TVL) has skyrocketed to nearly $400 million. This rapid rise in use and popularity has even seen it recently overtake the Solana blockchain in TVL. Coinbase’s Layer 2 […]
Read the full article here. Cryptocurrency: A Real Technology, Not a Scam. Caitlin Long, founder and CEO …
Nine months after launching, the Street Cy₿er artist collective has over 100 street artists, musicians and Bitcoin enthusiasts involved.
Is price of Cardano (ADA) ready for short-term rise?
While the advent of Metaverse is seen as a major step in the crypto frontier, a report released by NYU Stem Center for Business and Human Rights (CBHR) warned that these developments could lead to an unprecedented erosion of privacy and a rapid surge in physical aggression. CBHR’s report recommends adopting solid steps by both […]
Coinbase CEO Brian Armstrong believes the United States should not regulate or restrict the development of artificial intelligence (AI) at all, saying that any attempt to mitigate its negative consequences will only slow its progress. “We’ve enjoyed a golden age of innovation on software and the internet largely due to it not being regulated,” said […]
It has been a quiet week of caution for Bitcoin traders in terms of price action. This caution has trickled into trading volume in particular, as volumes on major crypto exchanges for both spot Bitcoin trading and Bitcoin derivatives have fallen far below their levels at the beginning of the year. On-chain data from CryptoQuant […]
Thevamanogari Manivel was sentenced to 18 months of community corrections with six months of unpaid community work, while her husband will face a plea trial in October.
Rudy Pamintuan. Sun, Sep 24, 2023 (2 a.m.). The now-bankrupt FTX succeeded in mass fraud because it exploited a lack of rules in the uncharted …
US-based cryptocurrency exchange giant Coinbase continues to push forward with its efforts to seek regulatory clarity for the crypto industry, claiming that the current enforcement approach by regulators stifles innovation and puts global leadership at risk. The company has launched a new campaign to mobilize over 50 million crypto holders in the United States to […]
BTC price action stays firmly within an established range, while analysis shows that overall Bitcoin investor composition is changing.
A grandmother with a terminal illness says an Australia-based bank should have been able to stop a scam as it unfolded in real time. Lyn Reads says she’s a victim of a scammer who stole about $50,000 AUD – worth about $32,000 USD – from her bank account, reports the Australian Broadcasting Corporation. Reads initially received […]
An under-the-radar, low-cap Ethereum (ETH) competitor surged by more than 61% this week as a flurry of exchanges launched perpetual futures contracts for its native asset. Ark (ARK) is an open-source, typescript-based, layer-1 blockchain protocol that aims to be simple and efficient. The project’s native token is trading around $0.607, up from $0.375 one week […]
The writing was on the wall for months before crackdown on company allegedly behind HK$1.43 billion fraud; Little is known about cryptocurrency …
How great is chance to see upward move of Bitcoin (BTC) by end of week?
PayPal’s on-chain stablecoin, PYUSD, designed to serve as a secure digital representation of the US dollar, is now accessible via Venmo. This strategic move comes just over six weeks after the launch of PYUSD, and it aims to make digital transactions faster, cheaper, and more efficient. Meanwhile, this is an opportunity for increased adoption in […]
In a bold and contentious statement, Caitlin Long has asserted that 99% of the crypto industry should be eliminated to decrease leverage buildup and improve the industry’s future advancement. Industry Overhaul Demanded For Sustainability Caitlin Long, Founder and CEO of Custodia Bank, a crypto asset banking company, has called for a seismic change in the […]
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A top trader who nailed Bitcoin’s (BTC) 2018 bear market bottom is predicting another leg down for the crypto king. Pseudonymous analyst Bluntz tells his 224,800 followers on the social media platform X that BTC has likely printed a bearish lower-high setup after it failed to take out its resistance at $27,000 last week. According […]
The sentiments surrounding Bitcoin lately appeared bullish, but things are still not looking good for the most-traded asset as it remains bearish on the weekly. It currently looks stable with a market dominance of 49.1%. Last week saw Bitcoin suddenly rebound after testing the $24,900 level (April’s resistance) as monthly support. That bounce brought a […]