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  Posted by u/ 9 months ago

Arbitrum network goes offline for at least 2 hours

The Arbitrum One network stopped producing blocks at 10:29 am ET (13:29 UTC), according to an alert issued by the block explorer.

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  Posted by u/ 9 months ago

Inside Job: Security Engineer Behind Multi-Million Dollar Crypto Exploits

A senior security engineer associated with an international technology company has pleaded guilty to computer fraud in connection with his hacking of two decentralized exchanges.

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  Posted by u/ 9 months ago

Verida and inDAO Team Up to Help Uzbekistan Adopt Web3 Tech

inDAO, a specialized organization focused on incorporating blockchain technology into daily life, and Verida, a provider of self-sovereign digital identity solutions, have formed a partnership with the goal of promoting the widespread adoption of Web3 in Uzbekistan.

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  Posted by u/ 9 months ago

Red Bull Formula 1 Team Launches NFT Collection on Sui Blockchain

The Red Bull Formula 1 team has dropped an exclusive NFT collection on the Sui blockchain after a dominant performance in the 2023 Formula 1 season.

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  Posted by u/ 9 months ago

Arrest Warrant Issued for Self-Proclaimed ?Crypto King? Accomplice in $14 Million Scam

A judge in Ontario, Canada has issued a warrant for the arrest of Ryan Rumble, an accomplice of Canada?s self-proclaimed ?crypto-king? Aiden Pleterski, for aiding the con artist in his years-long eight-figure crypto investment scam.\r\n\r\nA class action lawsuit launched earlier this year alleged...

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  Posted by u/ 9 months ago

CFA Renews Accusations Against Circle, Says CCTP May Be Funding Terrorism via Tron

The Campaign for Accountability has renewed accusations that Circle's Cross Chain Transfer Protocol facilitates illicit crypto transfers, specifically calling out the risks of transfers to Tron.

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  Posted by u/ 9 months ago

Financial Regulators Urge Congress to Pass Crypto Legislation in New Report

The Financial Stability Oversight Council (FSOC) has renewed its calls for Congress to pass crypto legislation, according to their annual report released Thursday.

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  Posted by u/ 9 months ago

TVL on Real-World Assets Spikes Up 700% as Stablecoin and CBDC Popularity Grows in 2023

Total value locked on real-world assets recorded a 700% surge year-to-date (YTD) alongside overall decentralized finance (DeFi) figures in 2023 as the market?s bullish sentiment continues.

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  Posted by u/ 9 months ago

Iris Energy to Ramp Up Capacity in 2024 Following $22M Spend on Bitmain Rigs

Renewable Bitcoin mining company Iris Energy has revealed the acquisition of 1.6 EH/s of Bitmain T21 miners, increasing its self-mining capacity to 10 EH/s.

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  Posted by u/ 9 months ago

Analysts Weigh in on the Possibility of No Big Bitcoin Bull Market

Everyone generally assumes that Bitcoin and crypto markets will repeat previous cycles and commence a major bull run in 2024 and 2025, but some have questioned this.\xa0

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  Posted by u/ 9 months ago

SEC Chair Gensler Discusses Impact of Court Rulings on Reevaluating Bitcoin ETF Decisions

The U.S. SEC Chair Gary Gensler highlights the SEC's revised stance on spot Bitcoin ETF applications, following recent court decisions.

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  Posted by u/ 9 months ago

Bitcoin ecosystem reinvigorated by memecoins, new protocols

Bitcoin miners? revenue has reached all-time highs in part due to increased on-chain fees.

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  Posted by u/ 9 months ago

$100K BTC? Don?t undervalue Bitcoin ETF influence, says Adam Back

Resolving recent systemic failures in the cryptocurrency ecosystem and the prospect of spot Bitcoin ETF approvals could drive Bitcoin to $100,000 in 2024.

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  Posted by u/ 9 months ago

Gary Gensler Takes a Fresh Look at Spot Bitcoin ETF Approvals After Court Ruling

SEC Chair Gensler acknowledged that the sole factor prompting a reconsideration of spot Bitcoin ETF approvals is the court ruling.

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  Posted by u/ 9 months ago

Bitcoin?s Volatility Surge: $48 Million Liquidated in 24 Hours

The surge in volatility that followed the US Federal Reserve?s interest rate announcement on Wednesday caused some $48 million to be liquidated in 24 hours in the Bitcoin market.

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  Posted by u/ 9 months ago

Bitcoin Price Pressured as Fed Official Says ?Premature to Even Be Thinking About? Rate Cuts ? Where Next For BTC?

The Bitcoin (BTC) price has come under pressure on Friday, dipping 2% from around $43,000 to the low $42,000s in wake of hawkish commentary from a leading US Federal Reserve monetary policymaker John Williams.

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  Posted by u/ 9 months ago

Spot Bitcoin ETF approval to propel BTC to $1M in 'days to weeks,' says Samson Mow

Bitcoin is likely to reach $1 million quickly due to a 'torrent of money' coming from institutional investors in 2024, according to the JAN3 CEO.

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  Posted by u/ 9 months ago

Every National Treasury Will Need To Hold Bitcoin: Franklin Templeton

Bitcoin is a revolutionary tool for both investor diversification and cross-border currency exchange, says Franklin Templeton?s Sandy Kaul.

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  Posted by u/ 9 months ago

SEC officials meet again with spot Bitcoin ETF filers

Meetings between asset managers and the SEC intensified over the previous weeks, with Gary Gensler?s team meeting with BlackRock and Hashdex representatives.

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  Posted by u/ 9 months ago

Price analysis 12/15: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, AVAX, DOT, MATIC

Bitcoin and select altcoins are witnessing profit-booking on rallies, increasing the likelihood of a short-term pullback.

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  Posted by u/ 9 months ago

Bitcoin Price Prediction as Gary Gensler Says SEC Taking ?New Look? at Spot BTC ETFs ? Approval Coming?

In the dynamic landscape of cryptocurrency, Bitcoin, the pioneering digital currency, has recently seen a downturn, slipping below the $43,000 threshold. This decline aligns with the broader crypto market, which witnessed a 0.25% drop in its global market cap, now standing at $1.61 trillion.

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  Posted by u/ 9 months ago

Ledger vulnerability put entire DApp ecosystem at risk: Finance Redefined

The Ledger connector vulnerability put the entire DeFi ecosystem at risk, with market experts asking users to remain cautious of using DApps even after Ledger released a patch.

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  Posted by u/ 9 months ago

Bitcoin ?Cash Creates? Model ETFs are a ?Done Deal? Says Expert ? Here?s What You Need to Know

Bitcoin spot ETF applicants will almost certainly be forced by regulators to adopt an ?in-cash? redemption model for their fund?s shares, according to Bloomberg ETF analyst Eric Balchunas.\r\n\r\nWhen asked how negotiations between the Securities and Exchange Commission (SEC) and various fund...

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  Posted by u/ 9 months ago

memorandum released by the SEC

Officials from the US Securities and Exchange Commission (SEC) met with three employees of BlackRock on Thursday to discuss the asset manager?s application to set up a spot Bitcoin Exchange Traded Fund (ETF), as per amemorandum released by the SECon Friday.

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  Posted by u/ 9 months ago

Bitcoin and Ethereum Draw Over $19.7 Billion Inflow, Echoing Past Bull Run

The influx of $19.7 billion could serve as a telling sign, suggesting an imminent surge in Bitcoin's trajectory.

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  Posted by u/ 9 months ago

Bitcoin Volatility Incoming as BTC Price Forms This Key Technical Pattern ? $38K or $48K Next?

Bitcoin (BTC) chart analysis suggests the price has formed a key short-term technical pattern that could be a harbinger of extreme volatility ahead, with quick dump to $38,000 or pump towards $48,000 possible depending on how the pattern is broken.

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  Posted by u/ 9 months ago

Grayscale mulls over potential tax implications for spot Bitcoin ETFs

The asset management firm declares that the Grayscale Bitcoin Trust (GBTC) falls under the grantor trust structure for tax considerations.

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  Posted by u/ 9 months ago

Solana phone sold out in the US amid BONK-driven demand

Solana’s crypto phone Saga is sold out for the US market. Demand has surged amid BONK price gains. Buyers of the Saga phone get 30 million free BONK tokens. The Solana Mobile team has announced that its crypto phone Saga is officially sold out in the US, with only a few of these suddenly indemand […]

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  Posted by u/ 9 months ago

Filecoin completes Watermelon Upgrade (nv21) as investors flock to Memeinator?s presale

Filecoin upgrades efficiency as the nv21 upgrade boosts commitment to 3.5 Years and introduces synthetic PoReps. Memeinator’s presale gains traction as it teams up with Virgin Galactic for a $250k space flight. Crypto enthusiasts anticipate Filecoin’s future and Memeinator’s unfolding journey. Filecoin has announced the completion of its Watermelon Upgrade (nv21), introducing pivotal changes to […]

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  Posted by u/ 9 months ago

SOL dips 10% but recovers as GFOX cruises to $1 million

Solana ($SOL), had a sharp increase in value and momentarily approached the $80 threshold before running into bearish resistance. As the cryptocurrency is now experiencing a drop, investors are closely monitoring the $65 support level. Meanwhile, the new altcoin Galaxy Fox ($GFOX) reached a phenomenal milestone — raising $1 million in the first few weeks of […]

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  Posted by u/ 9 months ago

First Trust seeks SEC approval for Bitcoin ?Buffer ETF? to safeguard investors

First Trust files for Bitcoin Buffer ETF with SEC, aiming to mitigate risk via options. Buffer ETFs gaining momentum, 139 trading on US markets, $32.54B AUM. Buffer ETFs don’t guarantee complete protection, or assess risks. Financial services firm First Trust has recently submitted a filing with the US Securities and Exchange Commission (SEC) to launch […]

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  Posted by u/ 9 months ago

Namada Shielded Expedition testnet participants to get 3% of token supply

Namada’s “Shielded Expedition” testnet offers 3% token rewards in a multiplayer game. Participants compete in an “Asteroid Mining Competition,” accumulating ROID points. 30 million NAM tokens (3% of supply) up for grabs, driving engagement and network testing. Namada, the proof-of-stake Layer 1 blockchain protocol developed by the Anoma Foundation, has kicked off its “Namada Shielded […]

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  Posted by u/ 9 months ago

SEC denies rulemaking petition filed by Coinbase

The Securities and Exchange Commission (SEC) has denied the rulemaking petition filed by Coinbase. SEC Chair Gary Gensler says current laws enough for investor proections. Commissioners Hester Peirce and Mark Uyeda have released a statement disagreeing with the Commission’s decision. The Securities and Exchange Commission (SEC) has denied a crypto rulemaking petition filed by US-based […]

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  Posted by u/ 9 months ago

Bitget announces listing of TonUP on Launchpad

Victoria, Seychelles, December 15th, 2023, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, announced it will list the initial exchange offering (IEO) of the high-potential blockchain project TonUP on its Bitget Launchpad platform. TonUP is an outstanding Launchpad running on the TON blockchain dedicated to discovering and fostering projects that present new opportunities […]

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  Posted by u/ 9 months ago

Bitget?s 2024 Bitcoin report: ORDI?s high potential and Lightning Network?s crucial role

Victoria, Seychelles, December 15th, 2023, Chainwire Bitget Research, the research arm of Bitget, the world’s leading cryptocurrency exchange and Web3 company, has released a research analysis delving into macro and micro trends within the Bitcoin ecosystem. This report offers insights for investors and outlines potential future technological and financial trends for Bitcoin and its assets […]

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  Posted by u/ 9 months ago

US dollar hits 4-month low as Bitcoin trader predicts 10% drop to come

Bitcoin stands to enjoy further relief if its standard relationship to DXY weakness holds firm as the dollar shrinks on Fed ?pivot? bets.

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  Posted by u/ 9 months ago

Bitcoin whales aim to reclaim $42K after BTC price dives over 3%

Bitcoin bulls face a battle for support on multiple timeframes as BTC price action stays volatile.

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  Posted by u/ 9 months ago

Protocol Village: Cardano Codebase Moves to Member-Based Project Intersect's Stewardship

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 14-Dec. 20, with live updates throughout.

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  Posted by u/ 9 months ago

Crypto Firm SafeMoon Files for Chapter 7 Bankruptcy, SFM Plunges 42%

The firm's executives were arrested last month on multiple charges.

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  Posted by u/ 9 months ago

Lawmaker Calls for the UK Government to Do More for Blockchain

Member of Parliament Natalie Elphicke also announced that the parliamentary group she chairs will be hosting industry round tables and a call for evidence.

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  Posted by u/ 9 months ago

Qredo?s Ankex Crypto Exchange Shutters, CEO Michael Moro Leaves

The hybrid exchange unveiled last year was headed by ex-Genesis CEO Michael Moro, who appears to have departed.

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  Posted by u/ 9 months ago

First Mover Americas: Bitcoin Ends the Week in Muted Mood

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 15, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ 9 months ago

Solana Rally Sees FTX's Holdings Grow to $4.2B, Setting Claims Market on Fire

FTX?s SOL holdings are worth over $4.2 billion in today?s money, up from $1.16 billion from earlier this year.

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  Posted by u/ 9 months ago

Bank of Korea Governor Sees CBDC Introduction as Case for 'Urgency:' Report

Stablecoins' widespread usage and frequent instability could lower the effectiveness of central bank monetary policies, Rhee Chang-yong said.

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  Posted by u/ 9 months ago

U.S. SEC Denies Coinbase's Push for Crypto Regulations as 'Unwarranted'

U.S. crypto exchange Coinbase's petition to the Securities and Exchange Commission (SEC) to prod it toward a system of tailored rules for digital assets was rejected by the regulator on Friday.

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  Posted by u/ 9 months ago

Arbitrum Hit by 'Partial Outage' Due to Traffic Surge

The layer-2 blockchain stopped working as intended Friday morning.

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  Posted by u/ 9 months ago

Taiwanese Authorities Investigating Blockchain Betters over Polymarket Election Contract: Report

The Presidential and Vice Presidential Election and Recall Act specifically prohibits gambling on elections.

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  Posted by u/ 9 months ago

Coinbase Tried to Rein in a Renegade SEC That's Trying to Rein in a Renegade Industry

The SEC rejected Coinbase's petition for crypto rulemaking, marking yet another refusal to provide regulatory clarity for an industry that badly wants it.

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  Posted by u/ 9 months ago

Bitcoin at Risk of Snapping Historic Winning Streak, but 'Perfect Storm' Brews for a Strong 2024

Investors moved the highest amount of BTC to exchanges since March, IntoTheBlock noted, signaling profit-taking after bitcoin's first eight-week streak of gains since 2017.

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  Posted by u/ 9 months ago

Polygon Stops Work on 'Edge,' Used to Build Dogechain, as Focus Turns to ZK

Polygon Labs, a developer of scaling networks for Ethereum, has shifted toward "Polygon CDK," a blockchain-development kit powered by zero-knowledge cryptography. The older "Polygon Edge" was used by Dogechain, in an unofficial effort to build a Dogecoin-oriented smart-contracts network.

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