Ripe for the squeeze? Bitcoin mining stocks remain under attack from short sellers
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Tether says it would not freeze sanctioned Tornado Cash addresses unless instructed by law enforcement
"In our dealings with law enforcement we are sometimes specifically instructed not to freeze addresses as this could alert suspects," says Tether. 124 Total views 3 Total shares On Wednesday, U.S. dollar stablecoin issuer Tether (USDT) said that it would not freeze smart contract addresses sanctioned by the U.S. Office of Foreign Assets (OFAC) Control's…
Crypto Markets Showing Signs of Recovery, Bitcoin Hovers About $8,200
Monday, Sept. 30 — Bitcoin (BTC), together with most altcoins, has been trading relatively flat in the last 72 hours, but the overall crypto market seems to be ready to turn around.Cryptocurrency market daily overview. Source: Coin360Bitcoin has not yet been able to recover from last Tuesday’s double-digit losses, but the coin is showing signs…
2 key Ethereum price metrics prove pro traders are behind ETH’s new highs
As Ether (ETH) made a $2,800 all-time on April 29, so did its futures open interest. The $8.5 billion figure marks a 52% monthly increase and shows robust trading activity behind the meteoric price rise.Some analysts might dismiss Ether derivatives, considering CME's future has $355 million in open interest compared to Bitcoin's $2.4 billion. However,…
Project aims to take on SAP ERP with decentralized apps
Energy Ledger CEO William Pete claims that their team has developed a decentralized ERP solution that integrates blockchain to supply chain management. 815 Total views 40 Total shares Enterprise resource planning (ERP) solutions can be quite expensive, especially for smaller companies. While ERP giants like SAP try their hands at blockchain-based solutions, a relatively small…
Tweet mocking how little value NFTs have … is turned into $5K NFT
"This is basically the same as making a joke that you stole the Mona Lisa by taking a photograph of it," said Twitter user Sergey Pshenichkin. 733 Total views 23 Total shares Twitter user Lauren Walker tweeted a message claiming she was “stealing” nonfungible tokens, only to have crypto-Twitter turn around and mint her words…
Chinese Exchange FCoin Closes Down, Still Owes Users $125 Million
Zhang Jian, founder of Chinese crypto exchange Fcoin, revealed in a post earlier today that FCoin may not be able to pay the 7,000-13,000 BTC (that’s $67 million to $125 million) that it owes users. According to Zhang, the exchange hasn’t been hacked and isn’t an exit scam. But evidence suggests it might be exactly that. Zhang…
Tesla’s crypto-friendly CEO is now the richest man in the world
His last reported Bitcoin holdings were 0.25 BTC. 4584 Total views 18 Total shares Elon Musk, CEO of SpaceX and Tesla, has surpassed the net worth of Amazon founder Jeff Bezos.“Elon Musk has become the world's richest person, as his net worth crossed $185bn (£136bn),” the BBC reported on Thursday. The futuristic businessman gained staggering…
Don’t panic: Only 11 of 330 Elizabeth Warren’s bills have ever passed
Support for the Digital Asset Anti-Money Laundering Act is growing in Congress, but most bills sponsored by legislators never become law. Senator Elizabeth Warren’s crypto Anti-Money Laundering bill has been causing a massive stir in the crypto industry. But some have pointed out that the senator’s bills have a track record of not going anywhere.According