Cointelegraph.com News

Cointelegraph.com News


British Virgin Islands court reportedly orders to liquidate 3AC

Posted: 29 Jun 2022 05:03 AM PDT

The order reportedly came on the same date with Voyager Digital issuing a notice of default to 3AC for its failure to pay its 15,250 Bitcoin and 350 million USDC loan.

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Bitcoin advocate criticized for backing wallet authentication project

Posted: 29 Jun 2022 04:40 AM PDT

After being swarmed by critics, Bitcoin advocate Nic Carter asked crypto Twitter to unfollow him if they disagree with any of his investments.

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Crypto market crash wipes out millions from North Korea's stolen crypto funds

Posted: 29 Jun 2022 04:01 AM PDT

While North Korea leads the world in crypto crime, crypto analytic firms have estimated that DPRK hackers have found it increasingly difficult to launder stolen crypto funds.

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No flexing for Bitcoin Cash users as BCH loses 98% against Bitcoin

Posted: 29 Jun 2022 03:50 AM PDT

Amid controversy surrounding major supporter Roger Ver, the Bitcoin hard fork plumbs new depths in BTC terms.

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Anchorage launches Ethereum staking for institutional investors

Posted: 29 Jun 2022 02:45 AM PDT

Anchorage's new service comes in anticipation of the Ethereum network's long-promised shift proof-of-stake consensus.

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Bitcoin price limps under $20K as Asia extends global stocks weakness

Posted: 29 Jun 2022 12:36 AM PDT

No let-up in risk assets means Bitcoin faces more selling pressure, but hope remains that a key moving average could soon see a challenge.

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Trader puts faith in crypto despite the failed first investment

Posted: 29 Jun 2022 12:35 AM PDT

Despite his initial losses in trading, JC Enriquez still strongly believes that crypto will bring him more profit in the years to come.

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Bear market will last until crypto apps are actually useful: Mark Cuban

Posted: 28 Jun 2022 10:56 PM PDT

The billionaire investor said a bigger focus on applications and utility outside of finance would bring more back to the crypto space and possibly reverse the declining market.

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MakerDAO looks to invest $500M into ‘minimal risk’ treasuries and bonds

Posted: 28 Jun 2022 10:27 PM PDT

The DAO intends to generate yield with its native DAI stablecoin via traditional investments in U.S. treasuries and possibly even corporate bonds.

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Regulatory uncertainty creates rash of ‘novel’ lawsuits: Legal experts

Posted: 28 Jun 2022 08:58 PM PDT

"Litigation and enforcement activity is likely to accelerate in the current regulatory climate, perhaps in unpredictable ways," says lawyers from Choate Hall & Stewart LLP.

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Surprise twist as BlockFi receives Money Services License in Iowa

Posted: 28 Jun 2022 07:54 PM PDT

Despite a significant fine from Iowa's regulator just two weeks earlier, BlockFi has scored itself a license in the state.

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Battle-hardened Ronin bridge to Axie reopens following $600M hack

Posted: 28 Jun 2022 07:52 PM PDT

The Ronin bridge tied to Axie Infinity is back up with a new design after Sky Mavis introduced a circuit breaker system and daily withdrawal limits.

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75% of Marathon’s mining fleet still offline two weeks after huge storm

Posted: 28 Jun 2022 06:56 PM PDT

Marathon's CEO Fred Thiel said that it will take time to get the facility back to full strength, but that the company could decide to speed up its move out of Hardin.

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Roger Ver denies CoinFLEX CEO’s claims he owes firm $47M USDC

Posted: 28 Jun 2022 03:14 PM PDT

Not mentioning CoinFLEX by name, Roger Ver said he had not "defaulted on a debt to a counter-party," and alleged the platform owed him "a substantial sum of money."

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Bitcoin miner Mawson to defer all major capital expenditures until market conditions normalize

Posted: 28 Jun 2022 02:00 PM PDT

The bear market is affecting all segments of the crypto industry, including Bitcoin miners, which have seen their revenues decline sharply this year.

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Key Bitcoin price metrics say BTC bottomed, but traders still fear a drop to $10K

Posted: 28 Jun 2022 01:41 PM PDT

On-chain and technical analysis indicators suggest BTC price may have bottomed, but several traders are still wary that BTC price could fall as low as $10,000 in the short-term.

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That's 'Sir' Crypto Dad: French order knights former CFTC chair Chris Giancarlo

Posted: 28 Jun 2022 01:30 PM PDT

The first of his name, king of the punks and the first regulators, protector of the seven tokens, the keeper of the great CBDC, the breaker of blockchains and father of crypto.

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Russian Duma passes bill to remove VAT, lower income tax rates on digital asset sales

Posted: 28 Jun 2022 01:15 PM PDT

Russia is turning to blockchain technology in an effort to counteract the economic isolation brought on by the sanctions imposed due to its invasion of Ukraine.

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Switzerland-based crypto mining firm expands operations to Texas

Posted: 28 Jun 2022 12:20 PM PDT

The company reported its operations in the United States will have an initial capacity of 3 megawatts, aiming for the firm's total hashrate to be more than 1.6 EH/s.

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Are custodied crypto funds at risk? Industry veterans explain

Posted: 28 Jun 2022 11:15 AM PDT

Investments under custody are usually very safe, until the accountability of the custodian is called into question.

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‘Unique phenomenon’: All 5B toncoins mined on PoS TON blockchain

Posted: 28 Jun 2022 10:30 AM PDT

The TON blockchain has always been proof-of-stake, while the mining of toncoin began "spontaneously and randomly" in 2020, according to the TON Foundation.

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Bitcoin’s bottom might not be in, but miners say it ‘has always made gains over any 4-year period’

Posted: 28 Jun 2022 10:30 AM PDT

To mine, or not to mine, that is the question. Professional Bitcoin miners discuss the nuance of BTC mining and whether now is a good time to get started.

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How crypto is attracting some institutional investors — Huobi Global sales head

Posted: 28 Jun 2022 09:45 AM PDT

"I think everyone is in agreement now that crypto is going to be around for the long term," said James Hume.

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Can Cardano's July hard fork prevent ADA price from plunging 60%?

Posted: 28 Jun 2022 09:34 AM PDT

ADA's price is above a key technical support level in the days leading up to the major Cardano upgrade.

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Must staking and liquidity pool lock-ups change to see crypto mass adoption?

Posted: 28 Jun 2022 09:14 AM PDT

Will the wave of lending protocols struggling in the bear market stimulate the development of alternative solutions to create more sustainable investment opportunities?

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Different this time? 'Almost all' Bitcoin metrics are now hinting at a price bottom

Posted: 28 Jun 2022 07:47 AM PDT

Current BTC price levels are being keenly eyed as a prime site for a macro Bitcoin price trend reversal.

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ECB exclusive: Crypto payments 'not currently cost effective,' Amex exec says

Posted: 28 Jun 2022 06:08 AM PDT

The American Express executive said that their firm is bullish on crypto and is actively working to incorporate more crypto-related services in the future.

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KPMG enters the metaverse, invests $30M in Web3 employee training

Posted: 28 Jun 2022 05:57 AM PDT

The long-term objective for the company is to examine other potential metaverse use cases such as health care, consumer, retail, media and financial services.

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SOL price eyes 75% rally as Solana paints a bullish reversal pattern

Posted: 28 Jun 2022 05:06 AM PDT

SOL's interim upside target is near $47, up about 20% from its current price.

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Crypto more popular than mutual funds among millennials, survey shows

Posted: 28 Jun 2022 04:10 AM PDT

The report "How Millennials See Their Financial Future" reveals that 40% of millennial survey participants have invested in crypto.

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