To boost the adoption of Web3 technologies and digital assets in Japan, cryptocurrency exchange Binance and Japan’s largest bank, the Mitsubishi UFJ Trust and Banking Corporation (MUTB), have announced a joint study to explore the issuance of stablecoins in Japan. Collaborative Effort to Issue Fiat-Backed Stablecoins The collaborative effort seeks to issue yen and other […]
Adam Back, renowned cypherpunk and creator of Hashcash, made a bold statement on X this weekend, arguing that Bitcoin is poised to replace gold as the ultimate store of value for the next millennium. Back’s remarks reflect his deep-rooted belief in the transformative potential of Bitcoin and its ability to outshine traditional assets like gold. […]
The majority of Celsius creditors have voted in favor of a plan that will see approximately $2 billion worth of Bitcoin and Ethereum returned to creditors.
Jamie Coutts, a crypto market analyst at Bloomberg Intelligence, says that Bitcoin is flashing historic strength in two on-chain metrics while BTC remains at relatively low prices. Addressing his followers on the social media platform X, Coutts gives an update on Bitcoin’s on-chain activity. Coutts says that the number of HODLers, or BTC holders who […]
CRV saw notable gains in the past few days following a recent recovery in the global market cap. However, its mid-term bearish trajectory is still intact. It leads the top-gainer chart with an 18% increase in the past 7 days. Two weeks ago, CRV bounced off a crucial support level of $0.4 after experiencing a […]
In a strategic move, MicroStrategy, the business intelligence (BI) company, and its subsidiaries have made a bold financial maneuver by increasing their Bitcoin (BTC) holdings. MicroStrategy Bolsters BTC Holdings According to a recent filing with the US Securities and Exchange Commission (SEC), MicroStrategy has expanded its Bitcoin holdings by acquiring an additional 5,445 BTC, totaling […]
[PRESS RELEASE – Toronto, Canada, September 25th, 2023] TYRION, an innovative force in the realm of decentralized digital advertising, proudly announces the launch of its revolutionary blockchain advertising technology. This launch marks a radical shift in an aging industry that has seen little innovation in the past decade–and that is currently centralized and dominated by […]
Its filing offers comprehensive rebuttals to Securities and Exchange Commission’s (SEC) earlier arguments
Washoe County law enforcement sees uptick in cryptocurrency scams. by News 4 & Fox 11 Digital Staff. Mon, September 25th 2023, 12:40 PM PDT. UserWay …
The prices of Cardano (ADA) are close to 2023 lows and looks weak, looking at the candlestick arrangement in the daily chart. Even though buyers are optimistic, expecting the coin to turn around and shake off sellers of 2023, there must be a shift in momentum. In the immediate term, for ADA to gain traction, […]
The legendary event, known as Crypto Whales Meeting Point, brings together over 7,000 visitors from 120 countries on October 24-25. Global crypto investors, funds, government officials, miners, developers and promising startups come together in Dubai to shape the future of cryptocurrencies and Web3 at the 11th Blockchain Life Forum. Get details and buy a ticket […]
In a proactive response to Taiwan’s forthcoming regulatory framework for cryptocurrencies, nine major crypto firms, including MaiCoin, BitoGroup, and ACE, have announced plans to establish an industry association. The Financial Supervisory Commission (FSC) anticipates this move, expecting to release guidelines on crypto trading and payments by the end of September. Taiwan Crypto Exchanges Form Working […]
Taiwan’s cryptocurrency industry is taking steps towards establishing an industry association in collaboration with its financial regulator. This move comes ahead of the expected release of official guidelines later this week. Cryptocurrency Sector in Taiwan Prepares for Regulatory Framework In a collective statement, nine cryptocurrency firms have announced their intent to apply for the formation […]
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Bitcoin Building Massive Support Range Bitcoin is stuck between strong support and resistance. Breaking out of […]
Optimism slid as much as 10% in the week leading up to a scheduled token unlock that will see 24 million OP tokens released onto the market.
US Senator Kirsten Gillibrand is reportedly attempting to convince her fellow Democrats to support legislation to increase regulatory clarity for cryptocurrencies. In a new interview with Fortune, the New York Senator says that she’s hopeful that she can have her bi-partisan cryptocurrency bill heard by a key senate committee. Gillibrand introduced the bill last year […]
With contrasting events in the industry, crypto investment products have witnessed a continuous outflow for the sixth week. Some altcoins demonstrate resilience in this trend, defying the broader market sentiment. Dissecting The Crypto Outflow Trend Crypto funds have witnessed a net outflow of $9 million in the past week, taking the total to roughly $464 […]
In the world of cryptocurrencies, whale activity often serves as a significant indicator of market sentiment and trends. Today, the price of $CRV, the native token of Curve Finance, saw a remarkable surge of approximately 12%. This surge is accompanied by notable whale activity, indicating that large investors are accumulating $CRV tokens. Prominent CRV Whale […]
Frog-themed cryptocurrency Pepe (PEPE) sees mild uptick as market trades in red
NEW YORK, Sept. 25, 2023 /PRNewswire/ — A Comprehensive Digital Realm. In the ever-evolving tapestry of the cryptocurrency market, few projects …
A top trader who nailed Bitcoin’s (BTC) bottom last year says Ethereum (ETH) may see a deep devaluation before carving out a cycle bottom. In a new episode of the TechnicalRoundup, crypto analyst DonAlt tells his 53,300 YouTube subscribers that Ethereum may be on the verge of breaking down against Bitcoin (ETH/BTC). According to the […]
Chainlink, a decentralized oracle network, has addressed concerns raised by the crypto community about a recent alteration in its multisig (multi-signature) wallet. The criticism arose after users, including well-known crypto researcher Chris Blec, noticed a quiet shift in the number of signatures required on the multisig wallet from 4-of-9 to 4-of-8. Crypto Community Questions Chainlink’s […]
To expand global crypto derivatives offerings, Coinbase considered the acquisition of FTX’s European entity following FTX’s bankruptcy in November. The discussions did not progress to an advanced stage. However, this move highlights Coinbase’s growing emphasis on derivatives. Crypto Futures Approval: Coinbase’s Strategic Move Derivatives are complex financial instruments. These are based on the value of […]
Many people these days are finally starting to realize the shortcomings and limitations of off-chain channels limited to two participants, i.e. the Lightning Network, and the necessity to start exploring designs for channels with more than two participants for this direction in scaling to work successfully in the long term. That necessitates accepting new trade-offs, […]
Binance and Mitsubishi UFJ Trust and Banking Corporation (MUTB) are exploring the issuance of Yen and other foreign currency-denominated stablecoins in Japan.
Mixin Network, a Decentralized Finance (DeFi) instant messaging and wallet platform, has recently disclosed a significant breach that targeted its cloud service provider, leading to a substantial financial loss within its mainnet ecosystem. According to a post on X (formerly known as Twitter), Mixin Network reports that this security incident resulted in a staggering $200 […]
The cryptocurrency industry has struggled to counter the view that it facilitates money laundering. The latest enforcement action by the Securities and Exchange Commission (SEC) is a reminder of how pervasive money laundering, and the lack of safeguards against it, are among the most reputable and powerful financial institutions. The SEC has fined DWS Investment […]
According to Arkham Intel, the Huobi crypto exchange platform (HTX) fell victim to a hacking incident resulting in the theft of 5000 ETH, valued at approximately $8 million. The hacker reportedly moved 1,000 ETH to a separate wallet, 0x799, shortly after compromising the platform and has since remained silent. Huobi Resolves Breach, Offers Hacker Lucrative […]
Novel platform OptionFlow starts testing campaign with experimental tMILK, tOPT and tADA tokens
… cryptocurrency for investment products. According to CoinShares' latest report, XRP-related products attracted an impressive $700,000 last week …
Approximately 40 minutes ago, a notable crypto investor withdrew a substantial amount of $ARB tokens, totaling $1.14 million, from the popular exchange #Binance. This move came after the investor had initially deposited $1.13 million worth of $ARB on July 3rd when the token was valued at $1.17 per coin, resulting in a loss of approximately […]
Hong Kong’s Securities and Futures Commission (SFC) is bringing transparency following the arrests involving JPEX with the publication of the list of all virtual asset trading platforms (VATPs) applicants. It will also “enhance and issue a dedicated list of suspicious VATPs.” SFC Is Making Crypto Industry Transparent In the announcement today (Monday), the Hong Kong […]