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Showing posts from November, 2023

Cathie Wood’s ARK dumps 800K Grayscale Bitcoin Trust shares

The Grayscale Bitcoin Trust, one of ARKW’s top three holdings, could lose its third-place ranking as ARK sheds its shares while increasing its holdings of Jack Dorsey’s Block. from Cointelegraph.com News https://ift.tt/paXLvh4

Cathie Wood’s ARK buys $1.5M SOFI shares as SoFi exits crypto

Cathie Wood’s ARK has been actively accumulating shares of SoFi, which announced plans to terminate crypto services by the end of 2023. from Cointelegraph.com News https://ift.tt/T4FvA65

Bitcoin ETF will drive 165% BTC price gain in 2024 — Standard Chartered

Bitcoin supply shock tactics give way to ETF hype in Standard Chartered's new $100,000 BTC price prediction. from Cointelegraph.com News https://ift.tt/viUlNTg

Crypto ownership in Canada slips in 2023, but average value of holdings rises

Only 34% of Canadians still believe that crypto “will play a key role in the future,” but the number of those able to give a basic definition of digital currencies has risen slightly. from Cointelegraph.com News https://ift.tt/CPWItjx

Aerodrome and Velodrome DeFi platforms experience front-end hacks

The DeFi platforms Velodrome and Aerodrome took to social media to warn users that the front-ends for both platforms were under attack from malicious actors. from Cointelegraph.com News https://ift.tt/7zeLoBP

JPMorgan, Apollo plan for enterprise mainnet, execs reveal

The enterprise mainnet provides the scalability to add applications to a network with a KYC-compliant set of institutional banks, broker-dealers and asset managers. from Cointelegraph.com News https://ift.tt/3NVWnR4

Spanish citizens to declare foreign crypto holdings by end of March 2024

Only individuals with balance sheets exceeding the equivalent of 50,000 euros in crypto assets are obliged to declare their foreign holdings. from Cointelegraph.com News https://ift.tt/8wdY5H6

Binance, CZ paid for defying financial, political status quo — Arthur Hayes

Global cryptocurrency exchange Binance paid one of the largest corporate fines in history for challenging the financial and political status quo in America, according to Arthur Hayes. from Cointelegraph.com News https://ift.tt/qzeo8DS

Robert Kiyosaki recommends Bitcoin, gold, silver investments ‘before it’s too late’

The average person who tries to save money is a “loser,” said Kiyosaki while recommending investments in Bitcoin and precious metals. from Cointelegraph.com News https://ift.tt/EOlsx1J

Cosmos Hub greenlights ATOM inflation cut for security boost

The proposal secured a narrow passage, garnering 41.1% approval votes compared to 38.5% disapproval, marking the highest turnout vote in the Cosmos ecosystem. from Cointelegraph.com News https://ift.tt/PxuG7Eh

Bitcoin bulls hold firm into weekly close: BTC price eyes $39.3K

BTC price action is giving various popular market participants cause to prepare for upside BTC price continuation. from Cointelegraph.com News https://ift.tt/ZM4jlGv

XRP price bull flag hints at 20% rally by New Year’s

XRP may need to undergo a short sell-off period before confirming the upside continuation setup as whales demonstrate bullishness. from Cointelegraph.com News https://ift.tt/9fN7QRJ

BlackRock meets with SEC over ETF, Binance’s new era begins and SBF loses release bid: Hodler’s Digest, Nov. 19-25

BlackRock meets with SEC over Bitcoin ETF, Binance’s new era begins after settlement in the United States and Sam Bankman-Fried loses release bid. from Cointelegraph.com News https://ift.tt/dfwyk8X

Decentralized file sharing, explained

Decentralized file sharing is a peer-to-peer network system where files are distributed across multiple nodes, eliminating the need for a central server. from Cointelegraph.com News https://ift.tt/hCPGa3y

BitMEX Co-founder predicts Bitcoin surge amid dollar liquidity rise

In the statement, Arthur Hayes encouraged fellow Bitcoin enthusiasts to stay focused, highlighting a significant uptick in dollar liquidity. from Cointelegraph.com News https://ift.tt/6ZLSusH

Azuki DAO rebrands to ‘Bean’ as it drops lawsuit against founder

The DAO previously proposed a lawsuit against Azuki creator Zagabond over a dilutive $39 million NFT minting that took place in June. from Cointelegraph.com News https://ift.tt/xHB70Gp

Bitcoin buyer pushes BTC price past $38K as traders demand key breakout

Bitcoin briefly spikes above the $38,000 mark as a new low-timeframe BTC price battle breaks out. from Cointelegraph.com News https://ift.tt/uY8aM5f

KyberSwap hacker offers $4.6 million bounty for return of $46 million loot

"On the table is a bounty equivalent to 10% of users’ funds taken from them by your hack," said KyberSwap to its hacker in an on-chain message. from Cointelegraph.com News https://ift.tt/sDd3w5G

European regulator: CASPs should work on protocol interoperability, self-hosted wallets

The European Banking Authority wants to update existing Anti-Money Laundering and Combatting the Financing of Terrorism rules for crypto providers. from Cointelegraph.com News https://ift.tt/aY1GXuC

Crypto Thanksgiving: Community hails industry milestones, expresses gratitude

A community member compared crypto to a turkey that takes time to cook and expressed gratitude for the opportunity to invest in its technology. from Cointelegraph.com News https://ift.tt/qTiuwZC

Justin Sun-related crypto platforms hacked 4 times in 2 months

Justin Sun’s cryptocurrency exchange HTX has been hacked twice since rebranding from Huobi in September 2023, raising questions from the crypto community. from Cointelegraph.com News https://ift.tt/vKzGM3a

Bitcoin ETF hype returns as 'aggressive bid' sends BTC price near $38K

Bitcoin ETF talk is accompanied by a snap return to the top of the recent BTC price trading range. from Cointelegraph.com News https://ift.tt/HukEQxT

New Binance CEO Richard Teng pitches 'very strong' foundation to skeptics

Teng’s tenure will focus on three aspects of the business as the CEO — reinstating investor confidence, collaborating with regulators and driving Web3 adoption, he said. from Cointelegraph.com News https://ift.tt/U75fpqj

FTC enhances investigative procedures to deal with AI-related lawbreaking

The Federal Trade Commission unanimously approved a measure to streamline its staff’s ability to issue civil investigative demands in AI investigations while retaining its authority to determine when CIDs are issued. from Cointelegraph.com News https://ift.tt/hNA1wDG

Binance $3.9B USDT move gains community attention amid DOJ settlement claims

Binance transferred $3.9 billion in USDT between its wallets, days before a report about a $4 billion settlement with the United States Justice Department was published. from Cointelegraph.com News https://ift.tt/5howej0

CZ, Buterin, Dorsey top crypto social media popularity charts as SBF clings to 10th place

MicroStrategy co-founder Michael Saylor and Cathie Wood, the founder and CEO of ARK Investment Management, complete the top 5 rankings for most followed crypto entrepreneurs on social media. from Cointelegraph.com News https://ift.tt/iQO0X6d

Crypto community responds to Kraken lawsuit, Deaton slams ‘dishonorable’ Gensler

The crypto community, including prominent industry lawyers and U.S. Senator Cynthia Lummis, is sounding off about the new lawsuit filed by the U.S. SEC against cryptocurrency exchange Kraken. from Cointelegraph.com News https://ift.tt/a18qgbJ

Poloniex says hacker’s identity is confirmed, offers last bounty at $10M

A community member questioned why Poloniex needed to send an on-chain message in 15 different languages if the hacker’s identity was truly confirmed. from Cointelegraph.com News https://ift.tt/20wiZ1G

70% of BTC dormant for a year — 5 things to know in Bitcoin this week

Bitcoin faces a slow grind after earlier brisk BTC price gains, but the ingredients for a sustained rally are there, market data suggests. from Cointelegraph.com News https://ift.tt/CHpuoL7

SOL, LINK, NEAR and THETA flash bullish as Bitcoin takes a breather

Bitcoin price range trades as SOL, LINK, NEAR and THETA play catch up. from Cointelegraph.com News https://ift.tt/cNhyOPq

dYdX raises margin requirements in some markets, bans “highly profitable trades”

The decentralized exchange increased margin requirements on several markets on Nov. 18, after an alleged targeted attack on the YFI token triggered massive liquidations. from Cointelegraph.com News https://ift.tt/wNDMLeC

Bitcoin nears pre-halving 'target zone' toward $50K BTC price

BTC price action has yet to match one Bitcoin trader's long-term target, but "patience is key," he says nearly one year later. from Cointelegraph.com News https://ift.tt/nBycxJp

Meta dissolves responsible AI division amid restructuring

The restructuring comes as the parent company of Facebook nears the end of its “year of efficiency.” from Cointelegraph.com News https://ift.tt/SMhVEXU

dYdX founder claims targeted attack led to $9M insurance claim

dYdX founder Antonio Juliano said that the decentralized exchange as well as the Yearn.Finance token (YFI) are victims of a targeted attack. from Cointelegraph.com News https://ift.tt/FVR6OUC

Yearn.Finance token tumbles 43%, community speculates on exit scam

Yearn.Finance's YFI token crashed over 43% in just five hours, after rallying almost 170% in November. from Cointelegraph.com News https://ift.tt/RMh3bg8

Crypto wallet with zero connectivity: NGRAVE joins Cointelegraph Accelerator

NGRAVE, a digital asset security provider, offers user-friendly, self-custody solutions that combine offline key creation with advanced recovery options for crypto users. from Cointelegraph.com News https://ift.tt/VtQygwf

AI's energy consumption concerns echo Bitcoin mining criticisms, says Heatbit founder

While artificial intelligence continues to grab headlines, small and large-scale Bitcoin miners might not necessarily jump ship to the AI and machine learning hype train. from Cointelegraph.com News https://ift.tt/y03MeFJ

Ripple lawyer urges fact-check of Gary Gensler’s speech, says SEC actions seen as ‘shady’

SEC Chair Gary Gensler shared a speech on X, triggering heated reactions across the crypto community. from Cointelegraph.com News https://ift.tt/YnmrIoG

Ferrari’s Bitcoin acceptance is major market win, says CoinFlip CEO

It’s not a question of if big-name companies follow Ferrari’s lead to adopt Bitcoin, but when, according to CoinFlip CEO Ben Weiss. from Cointelegraph.com News https://ift.tt/KaGyvO7

Blockdaemon among founders of BSN Spartan Network governing body

The BSN Foundation’s “non-cryptocurrency” approach aims to create a stable network that would not be as volatile as traditional cryptocurrencies like Bitcoin. from Cointelegraph.com News https://ift.tt/rfqOwkG

Poloniex crypto exchange resumes withdrawals after $100M hack

Hacked cryptocurrency exchange Poloniex said it has mostly completed restoration efforts and is preparing to resume operations after suffering the major hack on Nov. 10. from Cointelegraph.com News https://ift.tt/cF845w6

Why is the crypto market down today?

The crypto market's recent drop is due to a normal bull market correction and potential delays in the Spot Bitcoin ETF approval. from Cointelegraph.com News https://ift.tt/JjHkA63

Singapore introduces five new pilots to test asset tokenization

The latest initiatives led by the Monetary Authority of Singapore aim to develop foundational capabilities to scale tokenized markets. from Cointelegraph.com News https://ift.tt/tLSZGs8

Dairy Queen opens NFT pop-up store in China

The pop-up nonfungible token store, co-sponsored by Weirdo Ghost Gang, will run until the end of the year. from Cointelegraph.com News https://ift.tt/5wzX1RK

If blockchain projects sold cars: Facts vs. feelings in Web3 marketing

But the masses — your main audience — don’t care about how it works. They care about how it meets their needs. from Cointelegraph.com News https://ift.tt/QEpOsiB

Ripple exec reiterates need for tech-neutral crypto regulations

Navin Gupta, managing director of South Asia, Middle East and North Africa (MENA) at Ripple, told Cointelegraph that education and introducing non-speculative use cases can help crypto companies navigate through varying regulations. from Cointelegraph.com News https://ift.tt/hM9rKjy

Owner of Hong Kong crypto exchange OSL secures $90M investment

BC Technology Group, the operator of Hong Kong’s publicly listed crypto exchange OSL, has raised $90 million in subscriptions for new shares from BGX. from Cointelegraph.com News https://ift.tt/K9FwxXq

Swan Bitcoin to terminate customer accounts that use crypto-mixing services

Swan co-founder Yan Pritzker said the firm is pro-privacy and doesn’t oppose customers’ use of such services, but to work, it would have to follow the FinCEN regulation from Cointelegraph.com News https://ift.tt/LfNyHjq

Chinese hackers use fake Skype app to target crypto users in new phishing scam

Crypto security firm SlowMist has discovered several wallet addresses linked to a phishing scam that drained hundreds of thousands of dollars from unsuspecting crypto users. from Cointelegraph.com News https://ift.tt/nFIaopT

What is Gresham’s law, and how does it relate to cryptocurrencies?

Gresham’s law suggests “bad money drives out good,” making people hoard cryptocurrencies using traditional currencies for daily transactions. from Cointelegraph.com News https://ift.tt/oKJzEUT

Number of Bitcoin millionaire wallets triples in 2023

Over 81,000 wallet addresses now hold $1 million or more worth of Bitcoin. from Cointelegraph.com News https://ift.tt/XDVWLxh