Bitcoin falls below $58K for the first time in 2 months
The price of Bitcoin briefly dropped as low as $57,900 amid a wider sell-off in the crypto market.
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Ukraine passes legislation to recognize and regulate crypto
Ukraine is hoping its new digital asset regulations will attract foreign crypto exchanges to set up shop in the Eastern European nation. 962 Total views 20 Total shares The Ukrainian Parliament has adopted legislation regulating foriegn and domestic cryptocurrency exchanges operating from within the country.On Sept. 8, the Ukrainian Parliament adopted the draft law “On…

Kraken Users’ Report Difficulties With Connecting to Site and API
San Francisco-based cryptocurrency exchange Kraken’s users are experiencing difficulties with connecting to the site and application programming interface (API).In a tweet published on Aug. 13, Kraken warned the public that it is receiving reports of clients having issues connecting to the site and API. The exchange further states that it is investigating the issue and…

Why Eurasian Debt, Economic Uncertainty Make a Bull Case for Bitcoin
Bitcoin (BTC) bulls will no doubt keenly watch talk of the need for “a new, neutral global reserve asset” at the heart of the traditional financial sphere. Financial Times business columnist and associate editor Rana Foroohar published an opinion piece on Nov. 25, pointing to the renewed, half-justified “paranoia” of the “gold bugs,” which has only…

Russian Raiffeisen Bank Branch Issues Digital Mortgage Using Blockchain
A Russian subsidiary of Raiffeisen Bank International has issued an electronic mortgage using local blockchain platform Masterchain, local business newspaper Kommersant reports Monday, September 24.The document containing data on the parties in the transaction, the credit loan and its duration, and the property purchased was published in a decentralized depositary system (DDS). The DDS is…

SpaceX sold $373M worth of Bitcoin acquired in 2021-2022: Report
Elon Musk announced in 2021 that SpaceX had some Bitcoin holdings following an SEC filing showing Tesla planned to purchase $1.5 billion worth of the cryptocurrency. 1650 Total views 4 Total shares Aerospace technology firm SpaceX reportedly sold roughly $373 million worth of Bitcoin (BTC) it acquired starting in 2021.According to an Aug. 17 report…

Crypto winter 2022: Here’s what crypto industry veterans expect
As the total cryptocurrency market capitalization dipped below $2 trillion last week, major crypto executives have been increasingly talking about a potential continuous bear market or a “crypto winter.”Contrary to the expectations of many in the crypto market, Bitcoin (BTC) failed to surge above $68,000 in 2021 and continued dropping below $40,000 in early 2022,…

How much Bitcoin does the average whale hold?
Bitcoin addresses with balances between 1,000 and 10,000 BTC hold the largest share, 24.17%, of the total BTC supply.

Attacker hijacks Tornado Cash governance via malicious proposal
The total control over Tornado Cash governance allows the attacker to withdraw all of the locked votes, drain all of the tokens in the governance contract and brick the router. 542 Total views 53 Total shares Adding to the existing roadblocks of the decentralized crypto mixer Tornado Cash, an attacker managed to gain full control…