May 2023 | Page 82 of 211 | Last Cryptocurrency News Feed

U.S. debt ceiling crisis: bullish or bearish for Bitcoin?

In the latest Cointelegraph Report, we assed the risk of a possible default in the U.S. and the impact of the debt ceiling crisis on crypto and the broader markets. 559 Total views 2 Total shares The United States has hit its $31.4 trillion debt ceiling and is now running out of money. As pointed out…

Cointelegraph Feed

‘Inferno Drainer’ scam as a service has stolen $5.9M since March: Report

The service provides code to scammers that allows them to drain wallets using token approval phishing methods 753 Total views 3 Total shares A new scam as a service called “Inferno Drainer” has reportedly stolen nearly $6 million from unsuspecting crypto users, according to Web3 scam detecting firm Scam Sniffer. Inferno Drainer reportedly advertises that…

Cointelegraph Feed

Bitcoin flips volatile at $27K as Fed’s Powell teases end to rate hikes

Bitcoin (BTC) nudged $27,000 after the May 19 Wall Street open as the chair of the United States Federal Reserve delivered comments on policy.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewBTC price volatility returns as Powell speaksData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it attempted to reclaim the focal level in its…

Cryptocurrency News Feeds

XRP and PEPE Lead Markets, Bitcoin and Ethereum Flat but in Green: This Week’s Crypto Recap

Well, the past week had some exciting developments to offer, at least in certain segments of the market. The broader capitalization barely increased by around $5 billion, currently standing shy of $1.2 trillion. This came on the back of a relatively flat performance of major cryptocurrencies, but some altcoins managed to surprise. Let’s dive in.…

Bitcoin Magazine Feed

Governor Ridwan Kamil And Samson Mow Describe The Future Of Bitcoin In Indonesia At Bitcoin 2023

Governor of the Indonesian Province of West Java, Ridwan Kamil and prominent Bitcoin global advocate and JAN3 CEO Samson Mow, revealed in a fireside chat titled "The Indonesia Bitcoin Mining Campaign" that the government of Indonesia is researching various ways in which bitcoin adoption in the country could benefit its people.Governor Kamil explained the specific…

Bitcoin Magazine Feed

The World’s Largest Payroll Providers Can Now Use Bitwage To Pay Employees In Bitcoin

Bitwage, a leading provider of Bitcoin payroll and invoicing, has introduced a solution that allows employers to seamlessly connect their payroll providers to Bitwage's service. This development simplifies and ensures compliance for workers who wish to receive a percentage of their paycheck in Bitcoin, stablecoins or USD. Notably, this solution is compatible with various payroll…

CoinDesk Feed

Where the SEC’s Proposed Custody Rule Comes Up Short for Crypto

In February, the SEC proposed dramatic changes to a bedrock law governing the custody of assets. The original rule, Custody Rule 206(4)-2, was adopted by the SEC in 1962 which mainly focused on physical custody of client assets – stock and bond certificates – saying they were to be kept in a bank, segregated from…

Cryptocurrency News Feeds

We Asked ChatGPT If Ethereum’s Price Can Flip Bitcoin in the Next 5 Years, Here’s the Answer

A topic as old as time, if time was a few years old – will Ethereum flip Bitcoin in terms of total market cap? Will ETH overtake BTC? This has been the “to be or not to be” in the cryptocurrency industry, and it pins communities against each other like no other. It’s true that…

CoinDesk Feed

Jack Dorsey-backed TBD Launches New Web5 Toolkit to Decentralize the Internet

MIAMI BEACH, Florida – TBD, a division of Jack Dorsey’s financial-technology company Block (SQ), has launched a new open-source toolkit for its Web5 project, designed to make it easier for developers to create decentralized Internet applications.The collection of technologies includes tamper-proof, self-owned identifiers similar to email addresses or usernames called decentralized identifiers (DIDs); secure digital…

CoinDesk Feed

Is Ledger’s New Bitcoin Key Recovery Feature Safe? Experts Have Doubts

When Ledger, a Paris-based hardware wallet-maker, announced a new key-recovery feature this week, it thought the move would be popular.Allowing users to recover their private keys – much like you can recover your password if you forget it – would help onboard customers, the company believed. Potential crypto users are known to be turned off…