Fed’s ‘sugar high’ may propel Bitcoin surge — Arthur Hayes

Major crypto exchange Bitfinex has responded to a recent media report that accused the exchange of publishing trading volume data from “a market that doesn’t exist,” in a tweet posted Oct. 23.The controversy centers on an article from crypto media outlet CoinDesk, which had alleged that Bitfinex’s data on popular crypto statistics aggregator CoinMarketCap (CMC)…

Crypto doesn’t pose a big risk for the financial system until it’s adopted enough to be less volatile, the NBU said. 1148 Total views 15 Total shares The central bank of Ukraine has moved to support the development of the cryptocurrency industry after the Ukrainian parliament adopted a major crypto law in early September.The National…

The “rising popularity” of initial coin offerings, including cryptocurrencies, coins, and tokens, is considered the main reason for growing scams and exploits among retail investors. 1006 Total views 11 Total shares The United States Securities and Exchange Commission (SEC) published a new alert about investment scams related to digital assets and cryptocurrency. The announcement shared by…

A former JPMorgan derivatives trader is suing one of the world’s biggest cryptocurrency exchanges for $300 million after it allegedly failed to deliver his equity.According to filing with the Superior Court of the State of California in San Francisco dated Dec. 4, Frank Amato and RGB Coin are now pursuing action against BitMEX, its CEO…

Entrepreneur Alex Mashinsky thinks a bet on Bitcoin in the current financial crisis is a bet “that the deflationary pressures will win”. 1229 Total views 32 Total shares Alex Mashinsky, chief executive officer (CEO) of cryptocurrency lending platform Celsius Network, thinks Bitcoin (BTC) hasn’t become enough of a non-correlated asset for investors to turn to…

MakerDAO (MKR), the foundational protocol of decentralized finance on Ethereum, hit a new all-time high in the total value locked in its vaults.According to data from Defipulse, the value of the collateral locked in MakerDAO vaults is now slightly above $1 billion following a steep ascent that began on July 22.Source: Defipulse.comMost of that growth…

Cryptocurrency exchange HitBTC appealed to the specificity of its cryptography in an ongoing dispute with the team behind altcoin Bitcoin Private (BTCP). The post was published on HitBTC’s blog on Tuesday, March 26.The dispute involves HitBTC’s delisting of the altcoin, whose team then accused the exchange of fraud.HitBTC, currently ranked by CoinMarketCap as the world’s…

A study by MMC Ventures unveiled the return to the dynamics of traditional capital funding by blockchain companies. 1578 Total views 32 Total shares A new study released by venture capital firm, MMC Ventures, found that UK blockchain companies are turning to traditional capital raising strategies, noting that the Initial Coin Offering, or ICO, model…

Officials in Washington D.C. said they will hold a listening session to understand the experiences of workers and the usage of AI surveillance in the workplace. 38 Total views 1 Total shares Officials in the United States are making efforts to keep tabs on the development of artificial intelligence (AI), as new plans surface to…