Justin Sun offers to buy German gov’ts $2.3B Bitcoin stack to minimize market impact
The government-linked wallet has been steadily selling its holdings, threatening to create continued Bitcoin selling pressure.
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Web3 made simple: Brinc joins forces with Cointelegraph Accelerator
Web3 startups often face challenges unique to the nascent ecosystem — complex regulatory landscapes and scaling with decentralization are just two of many. Venture capital flowing into Web3 startups experienced a big drop over the last year, and new projects need more help than ever to carry their work throughout the early phases.This is where

Thai SEC files police report on Zipmex, alleging ‘incomplete’ info for compliance procedures
The Cyber Crime Investigation Bureau in Thailand will now consider whether to pursue legal action against Zipmex following the SEC's allegations. 208 Total views 4 Total shares Thailand’s Securities and Exchange Commission, or SEC, has accused crypto exchange Zipmex and its co-founder Akalarp Yimwilai of non-compliance with local laws and referred the matter to the…

Tether’s Gold-Backed Stablecoin in Demand as Commodity Hits ATH
The price of gold and Tether’s XAUT rallied to more than $1,900 today, a value not seen since September 2011. 1414 Total views 12 Total shares The Tether Gold stablecoin was valued at $1,902 on July 24, putting the price of gold within reach of the commodity’s all-time high set in September 2011.Gold has risen…

Coinbase Custody Adds New York Banking Regulatory Experts to Its Board
Coinbase Custody Trust Company has appointed two new members, previously of the New York State Banking Department and the New York Department of Financial Services, to its Board of Directors.Welcoming banking regulatory veteransPer a blog post published on Aug. 8, New York banking regulatory experts Richard Neiman and Robert Easton will now be a part…

Bitcoin Not Moved for at Least Five Years Is at an All-Time High
The amount of Bitcoin (BTC) that has not been moved for at least five years is at an all-time high, reports cryptocurrency data website Coinmetrics on July 23.Is hodling currently at its highest?Per the report, the amount of BTC held in a single address unmoved for at least five years recently reached its all-time high.…

Major Bank CEOs Testify at US Congress, Topics Include Blockchain and Crypto
Chief executive officers of leading banks testified before the United States House of Representatives Financial Services Committee on April 10 on how the banking industry has transformed since the 2008 financial crisis. Among many topics spanning the breadth of the banking industry, the CEOs and lawmakers discussed blockchain technology and cryptocurrencies.During his allotted time for…

Bybit Ether reserves near 50% pre-hack levels after $295M ETH buy
Bybit also received $390 million worth of emergency transfers from other crypto exchanges.

‘Institutional demand’: Large transactions on Cardano up 50X in 2022
Large Transaction Volume on Cardano has exploded in 2022, suggesting that there is now institutional demand for the blockchain network. 306 Total views 10 Total shares Crypto intelligence firm IntoTheBlock reports that the number of large transactions on the Cardano blockchain has increased by more than 50X this year. Large Transaction Volume (LTV) refers to aggregated…