$300B plunge: Largest 3-day wipeout for crypto in a year
The crypto market saw its largest three-day sell-off in 12 months amid weak jobs data and revived fears of a recession leading to a tumble in the equities market.
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Anthony Pompliano Believes Bitcoin Price Climb to $100K Has Started
Bitcoin price has surpassed $10,000 on Feb. 9, breaking its key psychological level and in doing so reached its highest point since October last year. But to many, $10,000 is just the beginning before the top cryptocurrency reaches a much higher level. Anthony Pompliano, co-founder & partner at Morgan Creek Digital believes that Bitcoin’s price can…

Bittrex Crypto Exchange Transitions to ERC-20 Implementation of Tether
American cryptocurrency exchange Bittrex has completed switching Tether (USDT) from the OMNI-based implementation of the stablecoin to the ERC-20 standard on the Ethereum network. Bittrex announced that USDT deposits and withdrawals are now open in a tweet on Aug. 5. The exchange had temporarily suspended USDT deposits and withdrawals while making the switch. “Quicker, cheaper, and more…

Cryptocurrency Price Indexes, Explained
4. The most common data sources are cryptocurrency exchanges. Cryptocurrency exchanges are ground zero for the majority of trading activity. It is where the price of a coin gets established, depending on the buy and sell price traders are willing to accept at any one point in that specific market. Exchange prices are therefore the…

US FDA Considers Blockchain for Food Security
The U.S. Food and Drug Administration has announced it will study blockchain technology to aid in smarter food security. 1066 Total views 14 Total shares The United States Food and Drug Administration (FDA) released a blueprint and pilot study for food safety, highlighting blockchain as a viable option for some of the identified challenges. The blueprint,…

Digital yuan integration introduced to Chinese business air travel
The Civil Aviation Administration and China Merchants Bank said passengers will be able to utilize the digital currency to access new services via this platform. As the pilot program for China's central bank digital currency (CBDC), the digital yuan, takes off, Chinese business travelers will reportedly be able to pay for flight tickets using the…

Genesis Partners With Blockchain Security Firm BitGo to Provide Direct Custody Operations
Blockchain security firm BitGo has partnered with Bitcoin (BTC) over-the-counter (OTC) trading platform Genesis Global Trading. The partnership intends to allow clients to trade crypto directly from BitGo custody, according to a press release posted today, Jan. 16.Following the recent acquisition of a crypto custodian qualification, BitGo has endeavored to improve its custodial services by…

FTX says Backpack acquisition of EU arm has not been approved by court
FTX says that Backpack has not been authorized to return funds to creditors despite the Solana exchange saying it would take over creditor repayments from FTX.

CEO of Alleged $16M Cryptocurrency Scam Declared Bankrupt
VaultAge Solutions CEO has been tracked down by South African authorities and angered investors. 1416 Total views 35 Total shares Willie Breedt, a South African national accused of stealing up to $16.3 million from around 2,000 investors via his VaultAge Solutions scheme, has reportedly been forced into bankruptcy by a local court.According to a recent…