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Showing posts from September, 2022

US senator bill seeks to cushion crypto exchanges from SEC enforcement actions

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The Digital Trading Clarity Act of 2022 aims to provide regulatory clarity around classifying digital assets and related liabilities under existing securities laws. from Cointelegraph.com News https://ift.tt/HN7dgsa via IFTTT

DEX dev Uniswap Labs looks for new funding at unicorn valuation: Report

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Uniswap has been previously in talks with NFT lending protocols, planning to tackle liquidity issues and the “information asymmetry” around NFTs. from Cointelegraph.com News https://ift.tt/n0BjFKZ via IFTTT

Bitcoin sees first difficulty drop in 2 months as miners sell 8K BTC

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Recent weeks have caused fresh headaches for miners, who at one point were reducing their balances by more than 8,500 BTC per month. from Cointelegraph.com News https://ift.tt/q9167cH via IFTTT

Bitcoin profitability for long-term holders decline to 4-year low: Data

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The decline in profitability for long-term holders reached a level last seen during the peak of the bear market in 2018. However, the market bottomed and bounced back during the previous cycle. from Cointelegraph.com News https://ift.tt/Fq5vCkb via IFTTT

Bitcoin price due 'big dump' after passing $20K, warns trader

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BTC price levels as high as $20,500 could make an appearance on the day, but the outcome will be to the downside, fresh analysis concludes. from Cointelegraph.com News https://ift.tt/5QcY9T6 via IFTTT

Nifty News: Enter the afterlife in style, Solana NFT game demo hits Epic store and more

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300 holders of the Spartan NFT will be able to spread their ashes at a 35-foot memorial to Spartan soldiers, to be built in Greece. from Cointelegraph.com News https://ift.tt/XJG5V4O via IFTTT

45% of ETH validators now complying with US sanctions — Labrys CEO

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Labrys CEO Lachlan Feeney is trying to raise awareness amongst validators running Flashbots’ software that they may potentially be contributing to censorship within the Ethereum network. from Cointelegraph.com News https://ift.tt/UhDxiLw via IFTTT

Blockchain gamers surge as users attempt 'stacking crypto,' says DappRadar

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Despite the FUD, blockchain games surged in active users in September, while God’s Unchained cracked the top 10 in terms of total NFT sales volume of all projects. from Cointelegraph.com News https://ift.tt/GS7RzNn via IFTTT

Researchers allege Bitcoin's climate impact closer to 'digital crude' than gold

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Bitcoin mining raises a “set of red flags for any consideration as a sustainable sector,” according to researchers. from Cointelegraph.com News https://ift.tt/tBEvZhA via IFTTT

Ghana set to catch up to Nigeria and Kenya in terms of crypto adoption: Chainalysis

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Paxful CEO Ray Youssef said that the current growth trends in Ghana show that it has the potential to be a leader in terms of crypto adoption. from Cointelegraph.com News https://ift.tt/Xe3Mbau via IFTTT

Kazakhstan ready to legalize crypto as Russians flock to the country

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A major bank in Kazakhstan has completed its first purchase of crypto for fiat and the president is ready to approve exchange activities. from Cointelegraph.com News https://ift.tt/AVd5kOq via IFTTT

Ethereum Merge was 'executed flawlessly,' says Starkware co-founder

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Starkware co-founder Eli Ben-Sasson told Cointelegraph that none of the things that people feared about the Merge happened, and everything happened as it should. from Cointelegraph.com News https://ift.tt/9n4okpL via IFTTT

APR vs. APY: What’s the difference?

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The key difference between APY and APR is compound interest. Before investing, compare their potential returns. from Cointelegraph.com News https://ift.tt/ZxVa2Tn via IFTTT

Nexo ‘surprised’ by state regulators' actions, says co-founder

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Kalin Metodiev emphasized that Nexo has been navigating through conversations with regulators for the past couple of years to ensure compliance, and was surprised that this news was “thrown out there in public.” from Cointelegraph.com News https://ift.tt/Ulkj3IK via IFTTT

Institutional appetite continues to grow amid bear market — BitMEX CEO

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Institutional appetite for Ethereum will grow now that the network is ESG compliant, according to the BitMEX boss. from Cointelegraph.com News https://ift.tt/YqVpSAh via IFTTT

Next Bitcoin bull run to be half story, half utility: Mike Novogratz at Token2049

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The next Bitcoin rally will require fast and scalable systems, which the community is yet to build, Galaxy Digital CEO Mike Novogratz. from Cointelegraph.com News https://ift.tt/HRMaL7d via IFTTT

MEV bot earns $1M but loses everything to a hacker an hour later

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An MEV bot gained massive profits worth $1 million by seizing an arbitrage opportunity. However, it was tricked into authorizing a malicious transaction that drained the funds. from Cointelegraph.com News https://ift.tt/nFTERt1 via IFTTT

FTX reportedly considers bailing out Celsius via asset bid

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Acquiring the assets of Celsius would imply FTX's intent to save the lending firm, similar to what FTX US did for Voyager by securing the winning bid of approximately $1.4 billion. from Cointelegraph.com News https://ift.tt/F7RVX8a via IFTTT

BTC price stays under $19K amid hopes Q4 will end Bitcoin bear market

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Fresh losses are contained only after $2,000 gets wiped from the BTC spot price, with a recovery yet to make an appearance. from Cointelegraph.com News https://ift.tt/4VgOiQY via IFTTT

Nifty News: Napoleon Dynamite cast reunites in Web3 animated series, Sega's blockchain game and more...

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An NFT collector borrowed 1,044 ETH against two MAYC NFTs, just to purchase another MAYC NFT for 1,000 ETH, and Sega is set to drop its first blockchain game. from Cointelegraph.com News https://ift.tt/CT3Lb1O via IFTTT

BIS marks CBDC pilot as 'successful' with $22M transacted

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Over $12 million in value was issued in the pilot with commercial and central banks in Hong Kong, Thailand, the UAE and China taking part. from Cointelegraph.com News https://ift.tt/Uq2LT6b via IFTTT

Pantera CEO bullish on DeFi, Web3 and NFTs as Token2049 gets underway

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Pantera CEO Dan Morehead painted an optimistic outlook for the wider cryptocurrency space during a keynote presentation at Token2049 in Singapore. from Cointelegraph.com News https://ift.tt/JN6cRP7 via IFTTT

Galaxy Digital to provide market data to blockchains with Chainlink

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Galaxy announced that they will provide market data so that smart contract developers can build better blockchain applications. from Cointelegraph.com News https://ift.tt/syNeO7i via IFTTT

Russia aims to use CBDC for international settlements with China: Report

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Russia is currently in the pilot phase of its CBDC development and is expected to complete the development by early next year. from Cointelegraph.com News https://ift.tt/1s6kEoj via IFTTT

Nuclear and gas fastest growing energy sources for Bitcoin mining: Data

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Some governments can negatively impact Bitcoin's environmental footprint by banning BTC mining, according to new data from Cambridge. from Cointelegraph.com News https://ift.tt/trPNFsn via IFTTT

Almost everything could be tokenized in 5-10 years — Matrixport co-founder

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Cost efficiencies, improved liquidity, 24/7 market access, and the removal of intermediaries were the main advantages' cited which blockchain infrastructure has over current legacy systems. from Cointelegraph.com News https://ift.tt/ckvVMd6 via IFTTT

Yat Siu: Asia GameFi opportunity huge as gamers don’t hate NFTs

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The Animoca Brands co-founder suggested that Asian gaming companies don’t have to deal with the same amount of pushback against NFTs that U.S companies have faced. from Cointelegraph.com News https://ift.tt/J86RSef via IFTTT

Cyber sleuth alleges $160M Wintermute hack was an inside job

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James Edwards bases his accusations on what he feels are dubious transactions and smart contract code that doesn’t match the post-mortem analysis. from Cointelegraph.com News https://ift.tt/6dh0PDf via IFTTT

FTX US wins auction for Voyager Digital’s assets

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Voyager hints that its customers will eventually transition to the FTX platform after it finishes its chapter 11 bankruptcy proceedings. from Cointelegraph.com News https://ift.tt/2ilYGtb via IFTTT

Charles Hoskinson and ETH dev get into a war of words post-Vasil upgrade

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Hoskinson called Ethereum Merge a flawed PoS implementation, claiming custodial staking would create issues for the network in the long run. from Cointelegraph.com News https://ift.tt/2Py7miA via IFTTT

GBP follows euro: The pound-dollar rate hits all-time low

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Reaching 1 GBP = $1.04, the pound has crash-landed, marking a record low against the U.S. dollar following the new prime minister’s budget announcements. from Cointelegraph.com News https://ift.tt/delPKIS via IFTTT

Australian pilot CBDC test for eAUD to commence mid-2023: RBA White Paper

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The key objectives of the project are to identify and understand innovative business models, use cases, benefits, risks, and operational models for a CBDC in Australia. from Cointelegraph.com News https://ift.tt/pRxG7Ka via IFTTT

Throw your Bored Apes in the trash

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From carrying medical data to streamlining royalty payments, NFTs serve a variety of important technological purposes. Bored Apes are a demeaning distraction. from Cointelegraph.com News https://ift.tt/B0GQ1Kq via IFTTT

MiCA is already stifling stablecoin adoption in the EU

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The Markets in Crypto-Assets framework stands to get in the way of Circle's Euro Coin and other digital assets. Policymakers should revise the proposal. from Cointelegraph.com News https://ift.tt/PFbwMNa via IFTTT

Is post-Merge Ethereum PoS a threat to Bitcoin's dominance?

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Cory Klippsten, the CEO of Swan Bitcoin, shares his views on how "the competition for liquidity" between Bitcoin and Ethereum will play out after the latter's switch to a proof-of-stake system. from Cointelegraph.com News https://ift.tt/MHGxNy0 via IFTTT

Bitcoin risks worst weekly close since 2020 as BTC price dices with $19K

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There's little to smile about for Bitcoin bulls as the weekly candle nears completion at nearly the same place as two years ago. from Cointelegraph.com News https://ift.tt/3aQWrYZ via IFTTT

What is scalping in crypto, and how does scalp trading work?

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Scalping focuses on making money off of slight price swings. Crypto scalpers use this method to reap quick gains from reselling assets. from Cointelegraph.com News https://ift.tt/Dk0mEW3 via IFTTT

California Gov. Newsom vetoes crypto licensing and regulatory framework

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Opposing Assembly Bill 2269, Newsom recommended a “more flexible approach” that would evolve over time while considering the safety of consumers and related costs. from Cointelegraph.com News https://ift.tt/OcbeXwB via IFTTT

Wintermute suffers $160M attack, Kraken CEO departs and US bill aims to ban algo stablecoins: Hodler’s Digest, Sept. 18-24

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The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! from Cointelegraph.com News https://ift.tt/MvBGFo4 via IFTTT

Post-Merge ETH has become obsolete

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Staked ETH is more capital efficient and more profitable than regular ETH, and platforms that offer liquid staking derivatives are bolstering its popularity. from Cointelegraph.com News https://ift.tt/HtapgYd via IFTTT

The biggest Bitcoin fund just hit a record -35% discount — A warning for BTC price?

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Institutional interest in Grayscale Bitcoin Trust continues to dwindle 10 months into the crypto bear market. from Cointelegraph.com News https://ift.tt/JPWs781 via IFTTT

How crypto is playing a role in increasing healthy human lifespans

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How can you add years to your life, and life to your years? Longevity science can help — and this is a concept that's of particular interest to crypto pioneers. from Cointelegraph.com News https://ift.tt/XVv8Wmw via IFTTT

NFT ecosystem attempts a bounce back amid bearish market sentiment

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Supporting the uptrend, the number of NFT holders grew 32.24% over the past three months, as evidenced by data from NFTGo. from Cointelegraph.com News https://ift.tt/dAxuh9r via IFTTT

MEVbots backdoor drains users’ Ethereum funds via arbitrage trading bot

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An investigation of MEVbots’ contract revealed a backdoor that allows the creators to drain Ether from its users' wallets. from Cointelegraph.com News https://ift.tt/1BCnhMN via IFTTT

NFTs bring in-game ownership to a new level, says Blokhaus founder

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NFTs improve interactivity by allowing users to unlock fully modular, community-driven in-game experiences to which they own the pieces, explains Mark Soares, the founder of Blokhaus Inc. from Cointelegraph.com News https://ift.tt/E73LCjk via IFTTT

Bitcoin was almost named Netcoin by Satoshi Nakamoto, hints domain data

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Domain purchases under AnonymousSpeech around similar timelines revealed the creation of Netcoin.org on Aug. 17, 2008 — just a day prior to the creation of Bitcoin.org. from Cointelegraph.com News https://ift.tt/EmHoWdU via IFTTT

Is the bottom in? Crypto community shares their thoughts

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From waiting for Bitcoin prices to go lower to hoping that the fun goes on, community members shared their thoughts on crypto prices. from Cointelegraph.com News https://ift.tt/RYvhxw7 via IFTTT

European stock exchange to list Bitcoin carbon neutral ETP

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The environmentally-focused financial product was introduced by a subsidiary of DeFi Technologies. from Cointelegraph.com News https://ift.tt/xOWukYe via IFTTT

IRS to summon users who don’t report and pay tax on crypto transactions

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The summons requires M.Y. Safra Bank to submit information about taxpayers who failed to report and pay their taxes on crypto. from Cointelegraph.com News https://ift.tt/1wplVQR via IFTTT

GitHub unbans Tornado Cash repositories following OFAC guidance

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Ethereum developer Preston Van Loon encouraged GitHub to fully restore Tornado Cash’s repositories after partial unbanning. from Cointelegraph.com News https://ift.tt/av3gRfG via IFTTT