Bitcoin price nearly hits $60K but traders still see bearish September

Powers On... is a new monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an Adjunct Professor at Florida International University School of Law, where he teaches a course on 'Blockchain, Crypto…

Wall Street’s slow embrace of crypto means we all have to start watching the Federal Reserve again. Cointelegraph parsed through the latest Federal Open Market Committee (FOMC) policy statement on Wednesday to try and uncover some nuggets of useful information. You can think of it as an exercise in financial esoterics to uncover the hidden…

On Jan. 20, the Central Bank of Russia (CBR) issued a report summarizing its position on digital assets and proposing a ban on any crypto trading and mining operations in the country. Although the CBR’s strict position on the matter was never a secret, such a bold statement triggered waves of fear, uncertainty, and doubt…

The recent dusting attack against fourth-biggest altcoin Litecoin (LTC) on major cryptocurrency exchange Binance affected 294,582 addresses rather than the 50 Binance reported, according to a recent metrics report.Blockchain data and metrics firm Glassnode revealed its latest findings in a tweet on Aug. 15, saying that the LTC dusting attack affected 294,582 addresses. The analysis…

An 18-year-old hacker was referred to prosecutors in the Japanese city of Utsunomiya for stealing cryptocurrency, local news outlet Japan Today reported on March 14.The cybercriminal allegedly hacked Monappy, a digital wallet which can be installed on a smartphone, and stole 15 million yen ($134,196) of cryptocurrency between Aug. 14 and Sept. 1 of last…

The decentralized finance (DeFi) ecosystem has experienced a challenging week after a seismic security incident led to over $61 million being stolen from Curve Finance’s pools, leaving several protocols facing broader contagion risks.This attack exposed vulnerabilities across DeFi projects and sparked efforts to recover stolen funds over the past few days. As the community navigates…

Scalability trilemma implies that to scale, blockchains usually need to sacrifice one of their three fundamental cornerstones — security or decentralization, or transaction throughput. 306 Total views 10 Total shares After a successful Ethereum Merge, all eyes are set on the next phase of transition that would introduce key scalability solutions on the platform, including sharding. Market…

Security tokens platform TokenSoft Inc. has invested in a company that is purportedly a United States Securities and Exchange Commission (SEC)-compliant broker-dealer, according to a press release published Dec. 13.TokenSoft is a platform that provides a suite of technology and security products for the sale, issuance, and management of security tokens and other digital assets.…

Thousands of different cryptocurrencies have arisen in the since Bitcoin's (BTC) 2009 genesis block. Even though newer assets come with different technology and new bells and whistles, Bitcoin still has an upper hand in a key category, according to a November report from crypto data firm Coin Metrics. Due to its relatively older framework, people sometimes compare…