3 reasons why Bitcoin failed to break above $72K
Regulatory uncertainty and volatile macroeconomic events may weaken further upside in the BTC price in the near term.
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Algo Capital Ex-CTO Takes ‘Full Responsibility’ for Hot Wallet Breach
The now-former chief technical officer (CTO) of Algo Capital, the investment arm of blockchain firm Algorand, has published a statement in the wake of a major security breach of an Algo hot wallet under his personal management.As Cointelegraph recently reported, Algo Capital CTO Pablo Yabo’s cellphone was compromised by hackers, leading to the theft of…
US Justice Department seized $500K in fiat and crypto from hackers connected to DPRK government
Deputy Attorney General Lisa Monaco said authorities relied on victims to report attacks "as soon as those crimes occur" to help recover funds. 158 Total views 4 Total shares The United States Department of Justice has seized and returned roughly $500,000 in fiat and crypto from a hacking group tied to the North Korean government,…
3 signs that Bitcoin price is not ready to make a new all-time high
China-focused stablecoin data, retail investor participation and skeptical BTC derivatives markets are all signs that Bitcoin price is not primed for a new all-time high.
Tether trials Notabene’s new travel rule technology to combat financial crimes
The “Travel Rule” aims to bring reporting standards for virtual asset service providers in line with other traditional financial institutions. 506 Total views 24 Total shares Tether Operations Limited, the firm operating Tether (USDT), announced on Tuesday that it will use Notabene, an end-to-end solution for cryptocurrency Travel Rule compliance.Tether will begin testing Notabene’s cross-border transaction…
Web3 is creating a new genre of NFT-driven music
Music-related use cases for Web3 technologies are piling up as the industry goes all in on adoption. From democratizing song rights royalties and blockchain licensing to legacy companies like Sony Entertainment filing patents for nonfungible token-authenticated music.While electronic dance music and pop seem to be picking up the most attention in terms of NFT music, they’re even…
Maltese Celebrities Notify Police After False Report of Involvement in Crypto Investment Scheme
A Maltese actor and two hosts of a local TV show have notified the police after a false report that they are involved in a Bitcoin investment scheme called “Bitcoin Revolution.” The story was reported by the Malta Independent and Malta Today on Thursday, Jan. 10.As per the Malta Independent, an article with a fake…
AI risks financial stability, warns Indian central bank governor
India’s central bank governor has warned of financial risks linked to AI dominance in finance, echoing concerns from global financial authorities.
Price analysis 12/21: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI
As the year comes to an end, investors will be keenly watching for a Santa Claus rally on Wall Street as many believe that if the rally does not happen, the next year may either remain flat or turn negative. Jurrien Timmer, director of global macro at asset management giant Fidelity Investments, tweeted on Dec. 19…