Bitcoin ‘cascading long squeeze’ to blame for slump to $60K

“We plan to hold this Bitcoin investment for many years and we'll wait for all of our members in our new 10X service to be able to buy before we do.” 1702 Total views 10 Total shares Financial and investment advisory giant The Motley Fool has announced it will invest $5 million into Bitcoin with…

The company is pushing new use cases for blockchain payments through its partnerships with Bitso and Stellar Development Foundation. 495 Total views 28 Total shares Crypto-focused enterprise payment platform Tribal Credit has concluded a $40 million debt offering that was funded through fiat and stablecoins — giving the company additional capital to expand its business…

Belgium’s Financial Services and Markets Authority (FSMA) has updated its crypto-related fraud blacklist to include a new total of 113 sites, in a fresh alert posted Dec. 18.The authority states that “despite” its prior warnings, it continues to receive complaints from defrauded investors. The newly added platforms are all allegedly run by “fraudsters [...] who…

The exploit failed due to a miscalculation of Aave's liquidity levels. 496 Total views 3 Total shares On Nov. 23, one day after Mango Markets exploiter Avraham Eisenberg attempted to use a series of sophisticated short sales to exploit decentralized finance protocol Aave, project contributors have put forth a series of proposals to deal with…

Bitcoin ATMs are becoming increasingly ubiquitous, especially in North America, offering compelling evidence of growing adoption. 126 Total views 2 Total shares Bitcoin Depot’s cryptocurrency ATM network continues to expand, with North American installations surpassing 5,000 for the first time amid a surge in retail adoption. With the milestone, Bitcoin Depot is once again the largest…

Blockchain security firm SlowMist has highlighted five common phishing techniques crypto scammers used on victims in 2022, including malicious browser bookmarks, phony sales orders and trojan malware spread on messaging app Discord.It comes after the security firm recorded a total of 303 blockchain security incidents in the year, with 31.6% of these incidents caused by…

The government will spend six additional months reorganizing the entity, which it shut in March 2023. 383 Total views 3 Total shares Venezuela was one of the first Latin American countries to establish its own crypto oversight body, launching the Superintendencia Nacional de Criptoactivos (Sunacrip) in 2018. However, the government now says it will take

Ethereum co-founder Vitalik Buterin addresses allegations of profiting from ETH sales, emphasizing his long-term support for Web3 projects and charities.

Changpeng Zhao, founder and CEO of crypto exchange Binance, says the Chinese President’s endorsement of blockchain will inevitably drive mass adoption of crypto.In an interview with Bloomberg Markets: Asia on Nov. 15, Zhao — better known by his industry moniker “CZ” — gave his perspective on the likely global impact of the recent intervention by…