Bitcoin post-halving price consolidation could last 2 months, says Bitfinex
The Bitcoin halving is widely expected to have a positive impact on the price of the preeminent cryptocurrency, but analysts expect volatile price consolidation in the short term.
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EU is ‘taking measures’ against Russia using crypto to bypass sanctions, say finance ministers
“When it comes to economic and financial sanctions, we want to remain flexible and mobilized,“ said France’s finance minister, Bruno Le Maire. 444 Total views 34 Total shares Economy and finance ministers representing nations in the European Union have said they will address Russia’s potential use of cryptocurrencies to evade sanctions imposed on it following…
BREAKING: Liquid exchange hacked to the tune of $80 million
Over $80 million worth of digital assets has been removed from Liquid Global exchange. Kucoin has responded by blacklisting the addresses that received stolen funds. 1962 Total views 85 Total shares Japanese exchange Liquid has been hacked with about $80 million in digital assets moved off the platform.The exchange confirmed the security breach in a…
FTC files lawsuit against Meta over attempted monopolization of metaverse
The government watchdog previously filed a lawsuit against the social media giant in 2020 for alleged “anticompetitive conduct” in its acquisitions of WhatsApp and Instagram. 236 Total views 10 Total shares The United States Federal Trade Commission, or FTC, has filed a lawsuit against Meta and CEO Mark Zuckerberg in an attempt to stop the…
Fans voting with tokens pick a winning team
Fans chose the formation and the attacking lineup through blockchain. Then they won. Fans truly know the team best. 646 Total views 13 Total shares A football team in Cyprus won against its rivals after it allowed fans to use blockchain technology and fan tokens to vote on its match lineup and formation, taking fan…
Spanish Law Enforcement Arrests 35 Suspects for Bank Fraud, BTC Money Laundering
Spanish law enforcement arrested 35 people for allegedly counterfeiting banking cards and laundering the proceeds through bitcoin (BTC), local media La Verdad reports on June 14.Per the report, the organization obtained over €600,000 ($674,000) and laundered over €1 million ($1.2 million) using bitcoin. Furthermore, the Command of Alicante reportedly solved a total of 1,020 connected…
‘Smart Money Came In’ After First Bitcoin ETF Rejection — Analyst
Bitcoin (BTC) changed its volatility characteristics as Cameron and Tyler Winklevoss unveiled the first Bitcoin exchange-traded fund (ETF), new data claims.Uploaded to social media by well-known statistician Willy Woo on Nov. 1, a chart of Bitcoin volatility shows a new phase beginning around March 2017. Woo: “Smart money came in” after Winklevoss rejectionThis, the time at…
Two Pro-Crypto Candidates Score Wins in US Midterm Gubernatorial Elections
Two pro-cryptocurrency candidates have won seats to become governors of the U.S. states of California and Colorado in the country’s midterm gubernatorial elections, fintech news outlet TrustNodes reports Nov. 7.In the California race, Democrat contender Gavin Newsom sealed 59 percent of the electorate’s support to defeat the Republican Party’s John Cox. According to local newspaper…
Coinbase Raises $300 Million in New Funding Round to ‘Accelerate’ Cryptocurrency Adoption
Major U.S. crypto exchange and wallet provider Coinbase has raised $300 million in a fresh funding round that brings its post-money valuation to $8 billion, according to an official blog post published today, Oct. 30.The Series E equity financing round was reportedly led by investment firm Tiger Global Management, with participation from a host of…