Base hits 1M daily active addresses as Basenames takes off
Coinbase layer-2 network Base has notched a record number of daily active addresses amid a surge in growth of the new “basenames” service.
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Environmental groups urge US government to take action on crypto miners
Among the proposals, the group of eight organizations requested the Environmental Protection Agency subject PoW mining firms to “stringent reviews” around operating permits. 19 Total views 1 Total shares A group of eight organizations focused on the environment have called on different government agencies under the Biden administration to implement new approaches in response to…
Pomp Thinks BTC’s Market Cap Will Exceed Gold’s in Less Than a Decade
That would give Bitcoin a market cap of at least $9 trillion dollars. Anthony Pompliano believes that by the end of 2029, the market capitalization of Bitcoin (BTC) will be higher than that of gold.Source: Twitter.The Morgan Creek Digital co-founder’s tweet provoked a reply from Peter Schiff:“By 2029 you'll be lucky if the market cap…
Breaking: FTX’s Binance rescue deal falls apart in less than 48 hours
Binance cited allegations of the mishandling of consumer funds and an investigation from regulators as reasons for exiting the agreement. 1043 Total views 2 Total shares On Nov. 9, less than 48 hours after Changpeng “CZ” Zhao, CEO of cryptocurrency exchange Binance, announced his intentions to bail out troubled competitor FTX, the firm stated that…
QuadrigaCX Would Never Have Lost Crypto Keys Had It Been in Bermuda, Says Premier
The Premier of Bermuda, David Burt, has argued that a QuadrigaCX-like situation could not have happened in Bermuda because of the country’s existing legislation in regard to cryptocurrencies. Burt made his statements in an interview on Fortune’s “Balancing the Ledger” show on March 25.Burt delivered his comments following QuadrigaCX’ founder, Gerald Cotten’s sudden death last…
Hodler’s Digest, April 22–28: Top Stories, Price Movements, Quotes and FUD of the Week
Top stories this weekBitfinex Allegedly Covers $850 Million Loss With Tether FundsThe New York attorney general’s office alleged this week that crypto exchange Bitfinex lost $850 million and subsequently used funds from affiliated stablecoin operator Tether to secretly cover the shortfall. The attorney general’s office has obtained a court filing that alleged that Bitfinex’s operator,…
Singapore’s biggest bank launches crypto trust solution
After posting tenfold crypto volume growth in Q1 2021, DBS Private Bank is expanding its crypto services with a new trust solution. 4249 Total views 18 Total shares DBS Private Bank, one of the biggest wealth managers in Asia outside China, has launched a cryptocurrency trust solution amid growing demand for digital assets.After setting up…
BitMEX former executive pleads guilty to violating the Bank Secrecy Act
Gregory Dwyer becomes the last one from the exchange’s management to enter a plea. 110 Total views 5 Total shares Another top executive joins three co-founders of the crypto exchange BitMEX, pleading guilty in the United States District Court for the Southern District of New York. The court case under the headline "U.S. v. Hayes…
Japan’s National Police Agency to Employ New Software to Track Crypto Transactions
In response to a reported increase in the illicit use of cryptocurrencies, Japan's National Police Agency (NPA) plans to introduce new software which can track cryptocurrency transaction history, Japan's national public broadcasting organization NHK reported August 30.In 2019, the National Police Agency will reportedly put special software into service to track the history of virtual…