Adamant critic of cryptocurrencies indicates six key failures of digital assets

The troubles of the crypto exchange JPEX can be sensed from its latest move to deregister its local entity in Australia. According to a Cointelegraph report, Jieyi Chen, a Director of JP-EX Crypto Asset Platform PTY LTD (JPEX), has already filed a deregistration application with the Australian financial regulator. Although there is no official confirmation, […]

UTXOracle is a simple Python script [Attention: direct download link] that takes advantage of a surprising fact about the Bitcoin blockchain – by parsing on-chain data it’s possible to derive an approximate U.S. dollar price. A graph of UTXO creation over time. Source: utxo.live All of this is based on the chart above. The lines […]

In a recent disclosure, a former employee of Alameda Research, a trading firm led by Sam Bankman-Fried, has unveiled crucial information regarding the dramatic 87% plummet in Bitcoin (BTC) value during 2021.  The incident, which occurred on October 21, 2021, witnessed BTC’s price on Binance.US nosedive from approximately $65,760 to $8,200 within a short period. […]

What even is generative art? William Mapan, whose 250-piece Distance collection just sold out at 2ETH each, explains using a crayon and die.

The Klaytn (KLAY) price has fallen under a descending resistance line since its yearly high on February 22. There are no bullish reversal signs in the weekly or daily timeframe, suggesting that the downward movement is likely to continue. Klaytn Price Falls to Three-Year Low The KLAY price had traded above the $0.145 horizontal support […]

Official Pokemon cards in the form of non-fungible tokens (NFTs) are being minted over Polygon (MATIC), taking the layer-2 scaling solution by storm. In a lengthy thread on the social media platform X, digital asset consultant S4mmy.eth says that digital card boosters of the popular Nintendo franchise are being opened over the MATIC blockchain and […]

Top US crypto exchange Coinbase is launching a 14-month lobbying effort to convince D.C. lawmakers to pass clearer regulations for digital assets. According to a new blog post, Coinbase’s “Stand With Crypto” initiative includes several strategies, such as calling on the tens of millions of Americans who own digital assets to contact their representatives and […]

In a significant development, the House Financial Services Committee has approved a bill to prevent the Federal Reserve from unilaterally creating a US Central Bank Digital Currency (CBDC). The Restriction Rationale Notably, this move has stirred debates and raised various concerns regarding the future of digital currencies in the United States. However, it is important […]

In a pivotal move, the Federal Reserve, during its recent FOMC meeting, chose to maintain interest rates at their current levels. However, the central bank left the door ajar for potential future rate hikes, sparking significant market speculation. This decision comes at a time when the global financial landscape is witnessing increased turbulence, as exemplified […]

[PRESS RELEASE – Jakarta, Indonesia, September 21st, 2023] Pintu, the pioneering mobile-first crypto wallet and trading platform, is celebrating after hitting a milestone of six million downloads. The popular crypto trading app is transforming how Indonesians engage with Bitcoin and other digital assets with its innovative features. Designed with the goal of being the simplest […]

You are scrolling through social media, Facebook, Instagram, TikTok, when you see a video showing a pile of cash. Hawaii News, Hawaii Weather, …

A Binance executive said the cryptocurrency exchange plans to delist stablecoin in the European market by June 2024 in order to comply with standards laid out by MiCA.

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The cryptocurrency industry was buzzing with expectation and excitement as Ethereum, the second-largest blockchain by market capitalization, prepared for the Ethereum Merge. In this detailed article, we will look at the Ethereum Merge concept, its relevance in the crypto industry, the mechanics of this transfer, and the impact it had on cryptocurrency investors. Introduction Since […]

Retirement savings have always been a priority for hardworking individuals, especially those who belong to unions or serve as firefighters. These individuals dedicate their lives to protect and serve their communities, often putting their own safety on the line. Ensuring that they have a secure financial future is just one way to show appreciation for […]

Bitcoin price is struggling to clear the $27,500 resistance. BTC is slowly moving lower and might revisit the $26,200 support zone in the coming sessions. Bitcoin is still struggling to clear the $27,500 resistance. The price is trading above $26,800 and the 100 hourly Simple moving average. There is a key bullish trend line forming […]

Former United States Secretary of the Treasury Larry Summers is expressing apprehension about the inflation outlook in the world’s largest economy. In an appearance at the All-In Summit 2023, Summers says that the Federal Reserve might be wrong in its views regarding the effectiveness of the measures it has taken to address inflation. “I think […]

The crypto industry has been under heavy fire from US regulators for most of this year. However, it might be due a welcome period of respite if the federal government goes into a temporary shutdown. Securities and Exchange Commission chair Gary Gensler has expressed concern about his agency’s ability to police crypto should the US […]

South Korea’s crypto surge has seen an unprecedented $100B in virtual assets dominate overseas accounts, reflecting a significant shift in the country’s financial sector. According to the National Tax Service (NTS), virtual assets represented over two-thirds of the value in registered overseas accounts this year, with 5,419 residents and companies reporting ownership of assets through […]

Ethereum-based automated market maker (AMM) and decentralized finance (DeFi) protocol Balancer has recently suffered a front-end attack on its website, and blockchain sleuths are saying that more than $200K were stolen. In the early hours of Wednesday, September 20, the official X account of Balancer announced that the protocol website was under attack and asked […]

The Ethereum (ETH) prices are up seven percent when writing but trending below the $1,700 level. Even though there are hints of strength, there must be a conclusive breakout above $1,670 and, ideally, $1,750 for the buy trend definition.  Despite the leg up, prices are back within the average of the past 30 trading days. Moreover, ETH […]

Thailand has set its sights on broadening the tax net by incorporating foreign earnings, including profits from cryptocurrency trading, …

Binance reportedly said that they were doing a wallet aggregation process to ensure the safety of user funds.

A former executive of German financial giant Deutsche Bank has been handed a 30-year prison sentence for his role in a crypto fraud scheme. In a new press release, the U.S. Department of Justice (DOJ) says that ex-investment banker and registered broker Rashawn Russell has pleaded guilty to charges of perpetrating a crypto fraud scheme […]

In recent weeks, the Bitcoin market has witnessed a surge in aggressive shorting on major exchanges, most notably on Binance. This development has sent ripples through the cryptocurrency community, with traders and analysts closely monitoring the situation. As a result of this increased shorting activity, Bitcoin’s price has experienced a notable 4% uptick since the […]

In a somewhat surprising turnaround, Tether Holdings has resumed its stablecoin lending activities from its earlier intention to scale down such operations. The company has reinitiated the lending of its own stablecoin – USDT – to clients after a temporary hiatus lasting less than a year. This decision was prompted by a surge in short-term […]

Hungary’s National Tax and Customs Authority (NAV) seized $1 million worth of cryptocurrency from criminal group involved in consumer electronics trade

As the 8 October 2023 deadline approaches for activating the new financial promotions regime for digital assets, the UK’s Financial Conduct Authority (FCA) issued its last advisory warning today (Thursday), urging crypto companies targeting UK consumers to brace for the forthcoming regulatory adjustments. UK Government Tightens Regulations on Cryptoasset Promotions The UK Government has recently […]

A previously little-seen video of the late Hal Finney, a pioneering figure in the world of Bitcoin, has surfaced, shedding light on his groundbreaking work on cryptographic protocols, and giving a rare glimpse of his humanity. In the video, recorded at the Crypto 98 conference, Finney is seen discussing zero-knowledge proofs, offering a glimpse of […]

Bitcoin (BTC) held by leading crypto exchanges like Coinbase, Binance, and Kraken are near a six-year low, CryptoQuant data on September 20 reveals. The contraction was recorded when the broader market steadied after posting sharp losses in the better part of August and the first half of September. As of September 20, BTC prices are […]

Initial plans called for a 2022 rollout, but economic conditions caused the project to be reportedly shelved last year.