Bluesky adds 1 million new users in 3 days amid X ban in Brazil
The decentralized microblogging platform has seen traffic and user numbers surge following the X expulsion from Brazil.
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Nic Carter dives into proof-of-reserves, ranks exchange attestations
Crypto trading platforms Kraken and BitMEX topped the proof-of-reserves score list, while Binance received a low score for being incomplete. 462 Total views 19 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTBitcoin advocate Nic Carter has released an in-depth analysis of centralized exchange proof-of-reserves and ranked the attestations provided by some…

US Congress Schedules Sept. 24 Hearing With SEC — Crypto on the Agenda
The United States House of Representatives Committee on Financial Services has scheduled a hearing with Securities and Exchange Commission (SEC) Chairman Jay Clayton and four other SEC commissioners to discuss, among other topics, crypto.In a memorandum from Sept. 19, the Committee on Financial Services stated that it will hold a hearing on Sept. 24 entitled “Oversight…

$12K Bitcoin price back on the table after BTC rallies above $11.4K
Bitcoin price rallied to $11,491 after bulls managed to flip the $11K level from resistance to support. 1039 Total views 12 Total shares On Friday Bitcoin (BTC) price finally managed to break above the symmetrical triangle where the price had been compressing for the last 30 days. After holding the $11,000 level into the daily…

The evolution of DeFi and its unique token distribution mechanics
As in most technical domains, evolution in the crypto industry moves in waves. The first wave was the building of layer-one blockchain solutions and infrastructures like Bitcoin (BTC) and Ether (ETH). The second wave was the ICO boom. As this draws to an end, there have been multiple speculations on what the next wave in…

Fed policy to align bank oversight could limit crypto activities by state banks
The new policy would align the allowable activities for insured and uninsured state banks and OCC-supervised national banks by making rules for state banks more restrictive. Own this piece of history Collect this article as an NFTThe United States Federal Reserve Board announced Jan. 27 that it was issuing a policy statement on limitations on…

Brazilian Central Bank Promises Instant Payment Platform to Compete With Crypto
The Central Bank of Brazil (BCB) has announced a plan to launch a new near-instant payment system during November.The platform, called the Brazilian Instant Payment Scheme (PIX), will facilitate peer-to-peer and business-to-business transactions in 10 seconds or less via mobile phone, internet banking, or select ATMs. According to a press release published Feb. 20, It is…

Dogecoin dumps following mention from Elon Musk on Saturday Night Live
While the crowd seemed to enjoy his performance, DOGE traders soured on Elon Musk's shout-out. 2898 Total views 16 Total shares Meme cryptocurrency Dogecoin finally got its long-awaited shoutout on Saturday Night Live — but despite hodler hopes, the immediate result has been a violent dump.First teased by entrepreneur and DOGE cheerleader Elon Musk in…

Ethereum ICO participant dumps 3,000 ETH for $7.6M cash out
After selling 10,000 ETH in the past few months, the Ethereum ICO participant still has 37,000 ETH to cash out.