Bitcoin has 'familiar bullish smell' as BTC price hits $66K — Analyst
BTC price activity gets market observers excited as Chinese stocks see their best week in sixteen years.
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ByBit exchange halts operations in France
ByBit has been at odds with the Autorité des Marchés Financiers (AMF) since 2022 when the regulator blacklisted the exchange.

PBW 2023 explores the current state of the blockchain space
A panel filled with professionals working in prominent tech companies discussed the current state of the blockchain space at the ongoing Paris Blockchain Week 2023 conference. Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated the panel discussion titled “State of the Chain 2023” with panelists Ryan Nitz, the head of solutions architecture at Coinbase; Matthew Savarese, the head…

Cambodians Still Waiting on Central Bank Digital Currency
At the start of the year, Cambodia made headlines when the central bank announced it would be launching a national blockchain-based digital currency in the first quarter of 2020.Called “Bakong,” a month into the third quarter the currency hasn’t yet become fully operational. Speaking to reporters on July 27, the director-general of the National Bank of…

Maker Launches New Dai Today, Expects to Phase-Out Old Dai in Months
Decentralized autonomous organization (DAO) Maker will launch a new type of Dai (DAI) stablecoin today. Known as Multi-Collateral Dai (MCD), the new type of the DAI will be backed by several types of collateral in contrast to the existing Single-Collateral Dai (SCD), which will now be called Sai (SAI). While Maker previously announced the new protocol…

Blockchain Association calls for investigation into Prometheum over alleged ‘sweetheart’ SEC deal
The group raised concerns over Prometheum's changing position on crypto regulatory clarity and under what circumstances the firm obtained a special purpose broker-dealer license. The United States-based crypto advocacy group Blockchain Association has submitted a letter to the Securities and Exchange Commission’s (SEC) Office of Inspector General calling for an investigation into crypto firm Prometheum.In…

Bitcoin Price Matches Stock-to-Flow Forecast as $100K Halving Nears
Bitcoin (BTC) now almost perfectly aligns with the historically accurate price chart, which has charted its growth from pennies to digital gold.According to data from Digitalik, a resource that monitors Bitcoin's position relative to the Stock-to-Flow model, as of Jan. 20, BTC/USD is exactly where it should be. $8.6K Bitcoin sticks rigidly to forecastsStock-to-Flow measures the…
Connecting DeFi: How multichain token systems can improve liquidity
Digital assets are typically restricted to their native blockchain networks, and existing methods of transferring tokens from one blockchain network to another are highly vulnerable to hacking or involve using a trusted third party. However, multichain tokens enable users to transfer their assets to another blockchain directly without giving up custody of their tokens.Experts in the…

New York bill proposes to ban crypto mining for 3 years over carbon concerns
A bill seeking to “pause” crypto mining for three years in New York was referred to the state's Environmental Conservation committee on May 3. 1669 Total views 31 Total shares Crypto miners in New York may be subject to a forced three-year hiatus if the latest environmentally-focused bill passes in the state senate. The New…