Bitcoin’s chance of hitting $125K by June rises as traders bid on upside: Derive
Bitcoin remains stuck below $100,000, but Derive’s Dr. Sean Dawson says its chances of hitting $125,000 by late June have inched up to 44%.
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‘Less sophisticated’ malware is stealing millions: Chainalysis
Cryptojacking accounted for 73% of the total value received by malware related addresses between 2017 and 2021, according to a new malware report from blockchain analysis firm Chainalysis.Malware is used to conduct nefarious activity on a victim’s device such as a smartphone or PC after being downloaded without the victim’s knowledge. Malware-powered crime can be…

Binance co-founder denies responsibility for $1M trading loss in hacked account
The account was allegedly breached through the Google Chrome extension Aggr, which saves cookie login information.

ErisX to CFTC: Regulated ETH Futures Would Result in More Robust, Liquid Market
Chicago-based crypto exchange ErisX has filed a comment letter with the United States Commodity Futures Trading Commission (CFTC) in response to the agency’s request for feedback on Ethereum (ETH)’s mechanics and market.The letter, submitted on Feb. 15, sets forth the exchange’s belief that “the introduction of a regulated futures contract on Ether would have a…

Banks acting as validators risks centralization — Everstake exec
New US regulatory guidance clarifies that banks can act as validators for proof-of-stake networks. New US regulatory guidance allowing banks to become validators for blockchain networks is a major step for institutional adoption but worsens centralization risks, Bohdan Opryshko, chief operating officer of staking service provider Everstake, told Cointelegraph. On March 7, the US Office

Top 5 cryptocurrencies to watch this week: BTC, MANA, MKR, ZEC, KCS
Bitcoin (BTC) has been relatively calm during the weekend as crypto traders try to rebuild the markets after the Terra LUNA debacle. With macro factors not supportive, several analysts expect the recovery to be a slow grind.Crypto research firm Delphi Digital said in a recent report that the rally in the United States dollar index…

Shipping Startup 300cubits Suspends Its Blockchain Operations
Blockchain shipping startup 300cubits suspended the operations of its booking module and the circulation of its TEU token.As industry news outlet The Maritime Executive reported Sept. 30, Hong Kong-based 300cubits is believed to be one of the first firms to apply blockchain technologies in shipping.Low transaction volumePer the report, 300cubits’ system began accepting trial shipments…

Potential Fed pivot has crypto and macro analysts ultra-bullish on Bitcoin’s price prospects
The United States Federal Reserve began its most aggressive quantitative tightening efforts in March 2022, raising benchmark interest rates in the year since from near-zero to 4.75% to 5% annually. While the central bank has successfully brought down inflation to some degree, the increasing interest rates are starting to cause cracks in the global banking…

France Creates G7 Taskforce to Examine Facebook’s Libra, Crypto Regulation
A G7 taskforce is being created to examine how central banks can regulate cryptocurrencies such as Facebook’s libra, Reuters reported on June 21.Francois Villeroy de Galhau, the governor of France’s central bank, said:“We want to combine being open to innovation with firmness on regulation. This is in everyone’s interest.”Although Paris has said it is not against Facebook creating a financial instrument,…