Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) has seen its worst quarterly loss in 11 years with price and activity on the blockchain both plunging over the last three months. The second quarter ending June 30 saw Bitcoin’s price fall from around $45,000 at the start of the quarter...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) has seen its worst quarterly loss in 11 years with price and activity on the blockchain both plunging over the last three months. The second quarter ending Thursday saw Bitcoin’s price fall from around $45,000 at the start of the quarte...
Cryptocoins News / The Cointelegraph - 1 year ago
Celsius’ lead investor BnkToTheFuture has outlined three proposals to save Celsius from bankruptcy while finding a good outcome for shareholders and depositors with funds stuck on the platform.Shared on Twitter by BnkToTheFuture CEO Simon Dixon on Th...
Cryptocoins News / The Cointelegraph - 1 year ago
Officials from the European Union have agreed on a landmark law that will make life tougher for crypto issuers and service providers under a new single regulatory framework. Stefan Berger, European Parliament member and rapporteur for the MiCA regula...
Cryptocoins News / The Cointelegraph - 1 year ago
In a small coastal town just north of Brisbane, Queensland, 20 members of the Coolum Surf Club have been taking part in an initial trial of the Erth Point System, a crypto rewards platform from the Australian company Rewards4Earth.Doug Flockhart, for...
Cryptocoins News / The Cointelegraph - 1 year ago
Facebook will support nonfungible tokens (NFTs) with a “digital collectibles” tab on creators’ timelines to display their work. Meta technical program manager Navdeep Singh displayed screenshots of NFTs and a creator’s page Thursday on Twitter. A spo...
Cryptocoins News / The Cointelegraph - 1 year ago
Riccardo Spagni, the former maintainer of the privacy coin Monero also known as Fluffypony, faces extradition to South Africa months after his arrest by U.S. authorities.In a Thursday court filing for the Middle District of Tennessee, Magistrate Judg...
Cryptocoins News / The Cointelegraph - 1 year ago
Riccardo Spagni, the former maintainer of the privacy coin Monero (XMR), also known as Fluffypony, faces extradition to South Africa months after his arrest by U.S. authorities.In a Thursday court filing for the Middle District of Tennessee, Magistra...
Cryptocoins News / The Cointelegraph - 1 year ago
According to some United States lawmakers in the House Financial Services Committee, the lack of diversity in the financial technology space could be hurting many companies’ bottom lines.In a Thursday virtual hearing on “Combatting Tech Bro Culture,”...
Cryptocoins News / The Cointelegraph - 1 year ago
The cryptocurrency market has had a rough go this year and the collapse of multiple projects and funds sparked a contagion effect that has affected just about everyone in the space. The dust has yet to settle, but a steady flow of details is allowing...
Cryptocoins News / The Cointelegraph - 1 year ago
A new report has indicated that crypto exchange Coinbase has provided Immigration and Customs Enforcement (ICE) agents with a “suite of features” intended for tracking the company’s customers. According to the report, ICE has been granted access to a...
Cryptocoins News / The Cointelegraph - 1 year ago
“Crypto” is often used as an honorific inside the community. United States Securities and Exchange Commission member Hester Peirce is called Crypto Mom for her steadfast support for digital assets, and Time magazine crowned Vitalik Buterin the Prince...
Cryptocoins News / The Cointelegraph - 1 year ago
Cryptocurrency exchange FTX is close to purchasing digital asset lender BlockFi's remaining assets for $25 million, according to CNBC.According to sources close to the matter, BlockFi's equity investors were wiped out and are now writing their positi...
Cryptocoins News / The Cointelegraph - 1 year ago
The crypto sector is caught in a deep correction and recent reporting shows that a majority of altcoins are more than 70% down from their 2021 highs. Solana is on that list and investors are on the fence about whether the token has strong enough fund...
Cryptocoins News / The Cointelegraph - 1 year ago
The United States Commodity Futures Trading Commission, or CFTC, has taken enforcement action against a South African national in what the regulatory body called its “largest fraudulent scheme involving Bitcoin.”In a Thursday announcement, the CFTC s...
Cryptocoins News / The Cointelegraph - 1 year ago
In its latest financial stability report published on Thursday, the Reserve Bank of India, or RBI, reiterated its skepticism of digital assets, writing: "We must be mindful of the emerging risks on the horizon. Cryptocurrencies are a clear danger. An...
Cryptocoins News / The Cointelegraph - 1 year ago
The Financial Action Task Force (FATF) reported that 11 out of 98 responding jurisdictions have started enforcing its standards on Combating the Financing of Terrorism, or CFT, and Anti-Money Laundering, or AML.In an update released Thursday on the “...
Cryptocoins News / The Cointelegraph - 1 year ago
On Thursday, the Basel Committee on Banking Supervision suggested during its second consultation on the prudential treatment of crypto-asset exposures that banks limit their exposure to so-called Group 2 crypto assets to just 1% of their Tier 1 capit...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) drifted further downhill into the June 30 Wall Street open as United States equities opened with a whimper.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewU.S. dollar returns to multi-decade highsData from Cointelegraph Marke...
Cryptocoins News / The Cointelegraph - 1 year ago
OP Crypto, a cryptocurrency venture capital firm founded by former Huobi executive David Gan, is launching a new fund to support emerging fund managers focused on early-stage crypto investments.Named “OP Funds of Funds I,” the fund has secured $50 mi...
Cryptocoins News / The Cointelegraph - 1 year ago
The last 13 years have seen blockchain technology evolve into numerous use cases — finance, data, logistics and security, among others. However, the idea of using blockchain’s immutable capabilities to ID humans got new life when Changpeng “CZ” Zhao...
Cryptocoins News / The Cointelegraph - 1 year ago
The story of how a Bitcoin OG set up a Libertarian crypto community and commune for digital nomads on beautiful islands in Thailand three times — and why he hasn’t yet given up on the dream.It’s a wild tale involving “unchecked merrymaking,” crypto-i...
Cryptocoins News / The Cointelegraph - 1 year ago
The cryptocurrency industry is arguably one of the fastest-growing industries in the world. With its decentralized finance (DeFi) system and blockchain technology, crypto has become an attractive career path for those interested in technology and fin...
Cryptocoins News / The Cointelegraph - 1 year ago
After Grayscale’s application to convert its Grayscale Bitcoin Trust (GBTC) into a Bitcoin (BTC) exchange-traded fund (ETF) was denied, the firm launched a legal challenge against the United States Securities and Exchanges Commission. Following these...
Cryptocoins News / The Cointelegraph - 1 year ago
The Lazarus Group, a well-known North Korean hacking syndicate, has been identified as the primary suspect in the recent attack that saw $100 million stolen from the Harmony protocol. According to a new report published Thursday by blockchain analysi...