Bitcoin price flash crash raises chance of BTC dip to $54K
Bitcoin price drops more than 2% in an hour, leading to $127 million in long liquidations.
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Raising a glass to Satoshi’s Place and the challenge of running Bitcoin businesses
Cointelegraph took a trip to Satoshi’s Place on Friday, a Bitcoin (BTC) hub in Greater Manchester. Named after the anonymous creator of the world’s largest and most widely accepted cryptocurrency, the bar and workspace offer workshops, coworking spaces for local businesses and Bitcoin-inspired cocktails.Adam, the founder (who chose not to share his surname), first heard…

BuzzFeed backlash after ‘doxxing’ of Bored Ape Yacht Club founders
American Internet media and entertainment company Buzzfeed has revealed the identities of two of the four original Bored Ape Yacht Club (BAYC) NFT collection founders “Gordon Goner” and “Gargamel” as being Greg Solano and Wylie Aronow in real life. Journalist Kate Notopoulos authored the Feb. 4 article, which was entitled “We Found The Real Names…

Bitcoin to hit $100K in 2024? Canaan VP weighs up 2024 halving opportunities
Canaan vice president Davis Hui believes a supply deficit following the next Bitcoin halving will drive its price past $100,000. 624 Total views 2 Total shares Executives from prominent mining and manufacturing firms believe market forces resulting from the fourth Bitcoin halving scheduled in 2024 could force the price of Bitcoin (BTC) past $100,000.Magazine editor

Swiss bank UBS launches tokenized money market fund on Ethereum
The fund is a part of a wider VCC umbrella that brings various real-world assets to the blockchain. 557 Total views 3 Total shares Leading Swiss bank UBS has launched a live pilot of a tokenized version of its variable capital company (VCC) fund as part of Project Guardian, an initiative led by Singapore’s central

Report: Bankruptcy Law Can Be Unclear When Crypto Custodians Go Belly Up
A paper recently published by the Law Faculty of the University of Oxford examines the legal risks of depositing cryptocurrency with custodians in the event of insolvency. The paper, featured in a June 1 blog-post by the faculty, also suggests ways that regulation and practice can help to mitigate this risk.Disintermediation failedCryptocurrencies were initially created…

Bitcoin Miners Sell BTC Months After Halving, On-Chain Data Suggests
Bitcoin’s third halving is less than a day away and the cryptocurrency community remains divided on whether the price will rise or drop after the event. Interestingly, on-chain data from previous halvings suggests that after the halving Bitcoin price may not see an immediate drop.Google Trends data shows that searches for the halving have already…

Blockchain Capital Leads Funding Round for Crypto Compliance Startup TRM
United States-based investment firm Blockchain Capital has led a seed funding round for blockchain compliance startup TRM, a press release from the firm reveals Jan. 31.TRM announced today that it had a closed a funding round totalling $1.7 million. Tapas Capital, Green D Ventures, The MBA Fund, and “strategic angel investors” also participated in the…

BingX confirms the resumption of withdrawal services following hack
Monetary losses from the BingX hack were initially reported as totaling $26 million, but the figure has since swelled to $52 million.