Woman who defrauded Bybit of $5.7M gets 10 years in prison: Report

The author behind a valuation model for Bitcoin that's based on Metcalfe’s Law says the crypto asset will likely be priced around $12,000 by the end of November and reach $1 million within a decade.In an Oct. 11 Twitter thread, Timothy Peterson, Global Macro Manager at Cane Island Alternative Advisors, said there is “90% chance…

Opera has partnered with blockchain advisory and financial services firm Ledger Capital to explore possible blockchain applications, according to a press release published September 28.Per the announcement, the two companies are looking to investigate applications and use cases of blockchain and how the technology can be deployed within Opera products and its ecosystem.As previously reported,…

Bitcoin (BTC) set another dubious record on July 15 as realized volatility sank to its lowest in three years.According to data from on-chain analytics resource Skew, 30-day realized volatility recorded its smallest reading since 2017 this week.BTC volatility echoes pre-$20K positionRealized volatility refers to volatility as defined by various timespans. Low volatility tends to concern…

Twitter co-founder and former CEO Jack Dorsey have lifted the curtain on the latest iteration of its social protocol and a new Bluesky Social app — as part of its decentralized answer to Twitter. The Oct. 18 announcement comes nearly three years since the initiative was announced by Dorsey in December 2019, with the aim that…

Mainland China quickly and effectively addresses crypto fraud incidents despite banning crypto transactions a few years ago.

Self-proclaimed Bitcoin (BTC) creator Craig Wright claims that Bitcoin can and will be seized to accommodate court orders.On Feb. 26, Bitcoin influencer Peter McCormack published screenshots showing Wright claiming that the first seizure of Bitcoin by courts will happen this year and won’t require private keys.Bitcoin seizure through miner coordinationInstead, it will supposedly happen through…

The Pixel Penguin alleged ‘charity project rug’Nonfungible-token (NFT) project Pixel Penguin has caused a stir this week in what a blockchain investigator ZachXBT has alleged is a “charity project rug.”The project quietly launched in February, but drew a lot of attention on May 31 following a Twitter thread from Web3 influencer Andrew Wang. I woke…

The DMM conglomerate hopes the coins powering its anime-filled Web3 ecosystem will be used with and among its partners as well.