Bitcoin miners ‘near capitulation’ as profits dry up alongside BTC sell-off
CryptoQuant analysts say Bitcoin miners are showing signs of “capitulation” as profit margins tighten in the post-halving climate and BTC price falls close to $50,000.
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Phishing scammers spoof Ledger’s email to send bogus data breach notice
Scammers are spoofing the support email for hardware wallet maker Ledger, prompting users to share their seed phrases under the pretense of checking for a compromise.

Report on global blockchain ecosystem by CV VC, PwC and Cointelegraph
From enterprise blockchain adoption to the rise of decentralized finance, it seems like the blockchain landscape is constantly evolving in different ways. While impressive, it’s important to understand how blockchain is being applied within various industries. In order to highlight blockchain’s current global impact, a Swiss blockchain investment firm, CV VC, is releasing a new…

Crypto market in ‘extreme greed,’ may need deleveraging before $100K BTC
The last time the Crypto Fear & Greed Index had a score of 80 was on April 9, just before Bitcoin saw an 18% correction over the following three weeks.

UK politicians say cryptocurrency is ‘not an investment’
The head of the FCA said the agency is expecting new powers for regulating crypto advertisements. 335 Total views 32 Total shares Members of Parliament (MPs) in the United Kingdom have called upon the Financial Conduct Authority (FCA) to limit the use of the word “invest” and “investment” by cryptocurrency firms for promotional purposes.According to…

Major Brazilian crypto asset manager secures $26M funding
Coinbase and SoftBank have participated in a $26 million funding round for Latin America’s largest crypto asset management firm. 690 Total views 3 Total shares Hashdex, the Rio de Janeiro-based crypto asset manager with over 4 billion Brazilian real ($765 million) in assets under management, has raised $26 million in new funding round from investors.According…

Bulls make money, bears make money, pigs get slaughtered
Crypto market’s volatility and potential for profit and lossThe crypto market is known for its high volatility, which refers to the rapid and unpredictable price fluctuations of cryptocurrencies. Market sentiment, recent news events, regulation changes, technological advancements, and general market demand and supply are just a few factors contributing to this volatility. Although volatility offers…

Playboy Sues Canadian Blockchain Firm for Fraud and Breach of Contract
Beverly Hills-based Playboy Enterprises is suing Canadian firm Global Blockchain Technologies (GBT), claiming that it failed to integrate blockchain technology into Playboy’s online media channels, the Los Angeles Times reported August 14. Playboy Enterprises reportedly filed a lawsuit in Los Angeles County Superior Court, accusing the Canadian company of fraud and breaching a contract, which…

70% of unregulated exchange transactions are wash trading: NBER study
The researchers found that in some exchanges, the wash trading volume can go as high as 80%. 95 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTWith exchanges becoming a focus as the FTX fiasco continues, a new research paper suggested that almost three out of four transactions in…