Bitcoin Miners Face Tough Times: Signs of Capitulation Amid Falling Revenues and BTC Sell-Off

by Iulia Vasile | July 7, 2024 | Bitcoin, News | 0 Comments

Bitcoin miners are nearing capitulation due to shrinking profit margins and increased BTC sell-offs. Since the halving, miners have seen a 63% drop in daily revenues. As a result, miners are forced to sell their reserves. According to CryptoQuant, a market...

Bitcoin Market Faces Turbulence Amid Investor Uncertainty and ETF Movements

by Iulia Vasile | June 28, 2024 | Bitcoin, News | 0 Comments

Bitcoin has recently experienced significant sell-side pressure, leading to a substantial price drop and declining investor confidence. Bitcoin's price has faced increasing sell-side pressure, causing it to drop by over 5.5% in the past week, reaching a six-week low...

Mt. Gox to Begin Bitcoin and Bitcoin Cash Repayments in July 2024 After Decade-Long Wait

by Iulia Vasile | June 25, 2024 | News | 0 Comments

The rehabilitation trustee of Mt. Gox has announced that repayments in Bitcoin and Bitcoin Cash will commence in July 2024. Creditors have been waiting for over a decade to recover their funds. The long-awaited repayment process will start in July 2024 for the...

Tesla Shareholders Sue Elon Musk Over xAI Startup

by Iulia Vasile | June 16, 2024 | News | 0 Comments

Shareholders allege that Musk's new venture, xAI, diverted crucial AI talent and resources from Tesla, accusing him of disloyalty and creating significant AI value outside the company. On June 13, Tesla shareholders filed a lawsuit against CEO Elon Musk and the...

Trump Aspires To Serve As The Crypto President Of The United States

by Iulia Vasile | June 7, 2024 | News | 0 Comments

Republican presidential candidate Donald Trump positioned himself as a strong supporter of cryptocurrency and criticized Democrats' efforts to regulate the sector during a fundraising event in San Francisco. Former U.S. President Donald Trump is ramping up his support...

SEC, Coinbase, and Ripple: Navigating Legal Turbulence in the Crypto Industry

by Iulia Vasile | June 2, 2024 | News | 0 Comments

The ongoing legal struggles between the SEC, Coinbase, and Ripple, have exposed the complexities of regulatory challenges in the cryptocurrency industry. On one side we see SEC's enforcement actions, but one the other we have the financial platforms such as Coinbase...

Mastercard and Visa’s Strategic Foray into Crypto

by Iulia Vasile | May 9, 2024 | News | 0 Comments

Mastercard is integrating advanced technologies with major banking institutions to enhance cryptocurrency transactions and settlement systems. They are set to become a pivotal players in the evolving digital currency landscape. Mastercard has teamed up with leading...

The Potential Benefits And Risks Of Children Engaging With The Metaverse

by Iulia Vasile | April 28, 2024 | News | 0 Comments

The European Union's research body delves into the possibilities of using the metaverse to enhance children's health and education while also addressing the accompanying risks and challenges. The European Parliamentary Research Service (EPRS), which is like a big...

Bitcoin Price Increase After Halving: Navigating Through Halving And Market Maturation

by Iulia Vasile | April 20, 2024 | Bitcoin, News | 0 Comments

As Bitcoin goes through its 4th pivotal halving event, the landscape of cryptocurrency has transformed significantly. This new financial territory brings key changes and developments surrounding Bitcoin's halving, from the unprecedented pre-halving price surges to the...

Bitcoin’s April 2024 Price Dynamics Amid Economic Shifts and Market Sentiment

by Iulia Vasile | April 13, 2024 | Bitcoin, News | 0 Comments

Explore the intricate interplay between Bitcoin's price movements, economic indicators, and trader behaviors in this detailed analysis. As the cryptocurrency market approaches a pivotal moment with the upcoming Bitcoin halving, understand the factors influencing...

Cryptocurrency Tracking System To Be Launched in South Korea

Jan 29, 2023 | News

The crypto tracking system will keep a record of transaction history, gather information on transactions, and verify the origin of funds both before and after transfers. The South Korean Ministry of Justice plans to launch a "Virtual Currency Tracking System" to...

Thailand Announced Crypto Custody Rules for Digital Assets Providers

Jan 18, 2023 | News

After the 2022 crypto collapses, the Thai securities regulator now requires crypto custodians and exchanges to have a contingency plan. The DeFi sector is increasing its TVL, and this expansion needs to assure clients of the safety of their funds. ...

Account Abstraction: Ethereum Upgrade Makes Crypto Safer To Use

Jan 11, 2023 | Blockchain, News

The adoption of the concept of "account abstraction" by Visa has the potential to greatly improve the user experience of Ethereum wallets. One of the drawbacks of cryptocurrency is the high cost of mistakes. For example, if a user loses their account keys, they...

Will Binance Become Compliant? Exchange Is Not Transparent

Jan 6, 2023 | News

Policymakers have scrutinized Binance, the largest crypto exchange, amid multilateral sanctions against Russia and U.S. sanctions against Iran. At the same time, the exchange fails to make its balance sheet fully transparent to auditors. Binance joins the Association...

Turkey and Other Countries Aim To Test CBDCs

Dec 30, 2022 | News

The Turkish central bank is interested in adopting the CBDC technology. It has recently completed its first payments using digital currency. It will continue to test this technology in 2023. The first trial of the digital currency of the Central Bank of the Republic...

DeFi Hack Leaves Users With a $12 Million Loss

Dec 27, 2022 | News

After Defrost Finance users complained about the loss of funds, the DEX confirmed that Defrost V2 was the victim of a flash loan attack. On December 24, 2022, DeFi platform Defrost Finance, built on the Avalanche blockchain, suffered a hack, with an attacker using a...

SBF Could Face a 115-Year Jail Sentence if Extradited to the US

Dec 16, 2022 | News

Sam Bankman-Fried (SBF) could be extradited to the US for a court trial. He might get up to 115 years in jail. Who is Sam Bankman-Fried? Sam Bankman-Fried is the former CEO and founder of Alameda Research, a quantitative trading firm that is active in the...

New Crypto Legislations in Hong Kong for Crypto Exchanges

Dec 8, 2022 | News

In Hong Kong, virtual asset service providers will have a new licensing system, which will require them to adhere to strict anti-money laundering (AML) guidelines. Hong Kong's legislative body has approved a new amendment to the anti-money laundering and terrorist...

Russia to Launch Own Crypto Exchange. Russian Banks Use MetaMask

Dec 2, 2022 | News

The biggest Russian bank has announced that it will create its own blockchain and it will incorporate it with Ethereum to expand into DeFi and Web3 markets. The Russian government plans to create its own crypto exchange. Sber (formerly known as Sberbank) officially...

« Older Entries

Next Entries »