Attention economy has fueled memecoins — Hashed co-founder

United States Attorney for the Eastern District of New York Richard P. Donoghue unsealed a nine-count indictment against Patrick McDonnell today, according to a press release from the Department of Justice (DoJ) on March 26.Following his arrest earlier today, McDonnell — the owner and operators of purported investment firm CabbageTech — was charged with nine…

Recently, gas has been a hot topic in the news. In the crypto media, it’s been about Ethereum miner’s fees. In the mainstream media, it’s been about good old-fashioned gasoline, including a short-term lack thereof along the East Coast, thanks to an alleged DarkSide ransomware attack on the Colonial Pipeline system, which provides 45% of…

A quarterly report focused on zero-knowledge (zk) technology indicates that privacy, scaling and identity solutions are major drivers of adoption in the blockchain space.Validator service provider zkValidator report's titled 'The State of ZK' delves into insights from the zk space, highlighting major and emerging use cases, research, product launches and notable investment rounds.The key takeaway focuses on…

Economies around the world are facing a motley of challenges caused by rising inflation. High inflation devalues national currencies, which, in turn, pushes up the cost of living, especially in scenarios where earnings remain unchanged.In the United States, the government has responded aggressively to inflation. The nation hit a 9.1% inflation rate in June, prompting…

The pegging process no longer relies on functionaries holding custody of bridged funds. 469 Total views 5 Total shares Bitcoin sidechain RSK launched a new bridge protocol called Powpeg, which will facilitate a trustless connection between Bitcoin (BTC) and RSK’s wrapped version of it, called RBTC. The system marks the first time that a Bitcoin sidechain…

In the latest big move by traditional finance to incorporate crypto, 550 coins will appear in the new indexes starting next year. 5018 Total views 121 Total shares S&P Dow Jones Indices — a joint venture between S&P Global, the CME Group and News Corp — will debut cryptocurrency indexes in 2021, it has confirmed.In…

In Cointelegraph’s latest video, experts discuss the impact of the spot Bitcoin ETF approvals on the crypto markets and the potential for a spot Ethereum ETF.

Bitcoin (BTC) dipped below $8,500 on Jan. 23 as traders’ expectations of a slow downtrend from recent highs appeared to slowly come true.Cryptocurrency market daily overview. Source: Coin360BTC returns to $8,400sData from Coin360 and Cointelegraph Markets showed BTC/USD reach lows of $8,480 overnight on Wednesday. At press time, Bitcoin hovered at around $8,505.The former level…

2022 is nearing an end and might go down as one of the most eventful years for the crypto industry owing to the prolonged winter that had wiped more than 70% of the market cap from the top and the barrage of crypto firms imploding. This was mainly due to internal mismanagement and unchecked decision-making…