Bitcoin price is back at $46,000 after a few month reset back to $30,000 and slightly below. A more than 50% collapse from the current all-time high of $65,000 had the cryptocurrency community calling for a bear market, but according to a trend strength indicator, bears are nowhere in sight. […]
Just 24 hours after one of the largest DeFi hacks took place, specifically on the Poly Network protocol, the attacker is reportedly starting to return the stolen funds. According to Chainalysis, the threat actor began to send the cryptos back to three Poly Network addresses. However, as of press time, […]
Data shows funding rates for Bitcoin have turned positive, a signal that might indicate market sentiment is bullish among traders. Bitcoin Funding Rates Turn Positive, While Derivative And Spot Reserves Move Down As pointed out by a CryptoQuant post, the funding rates seem to be slightly positive for the BTC […]
The United Kingdom’s Financial Conduct Authority (FCA) issued warnings on Wednesday against three companies that are running their operations without authorization, and some of them are clone firms. According to the watchdog’s website, Investing4You Ltd is offering financial services or products in the UK “without our authorization.” “This firm is […]
In a strange twist of fate, two companies named Polygon are the source of a storm of confusion on Twitter as a video game community gets a unique introduction to Polygon’s blockchain technology. Crypto Scammers Hit Game-Related Feed Polygon, the rebranded layer 2 blockchain solution (previously Matic Network), has been […]
Back in November, many analysts claimed that Joe Biden would be the man to put bitcoin on the map. Allegedly, his policies towards the world’s number one digital asset would be so friendly that the asset would make its way to the top of the financial ladder and become the […]
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has written a letter to Senator Elizabeth Warren about crypto regulation. After outlining his concerns and priorities in the crypto sector, he said, “additional authorities” and “more resources to protect investors in this growing and volatile sector” are […]
On this episode of CoinGeek Backstage, Becky Liggero Fontana caught up with Simit Naik of nChain on the sidelines of the CoinGeek Conference Zurich, discussing Switzerland’s emerging reputation as a center for blockchain, and the exciting projects under development at nChain. On Switzerland, Naik said Zurich and Zug have embraced […]
We hear a lot about the so-called “inefficiencies” of proof-of-work (POW). Public figures signal praise for the alternate proof-of-stake (POS) system for its supposed environmentally friendliness. Dr. Craig S. Wright sets things straight in this week’s episode of “Bitcoin Class with Satoshi” with sCrypt’s Xiaohui Liu. POS does not aid […]
BitMEX has entered a $100 million settlement agreement with U.S. regulators after a legal battle that started in October 2020. The derivatives trading platform allegedly violated U.S. regulations when it offered investment products without acquiring the necessary license and failed to implement customer identification programs. Despite the settlement, the cryptocurrency […]
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