Bitcoin CME futures hit $100K for the second time in 5 days: Will BTC spot price follow?

Blockchain Trust company Paxos has launched a U.S.-dollar backed stablecoin following approval from New York regulators, according to a press release published September 10.Backed 1:1 by the dollar, the Ethereum blockchain-based stablecoin, dubbed ‘Paxos Standard,’ has been approved by the New York State Department of Financial Services (NYDFS), which will exercise regulatory oversight over the…

For businesses about to embark on periods of rapid growth, access to capital is essential. That said, traditional methods of fundraising sometimes leave a lot to be desired. Initial public offerings can help boost the profile of fledgling brands, but they are often costly — with middlemen taking a sizeable cut out of the money…

The price of Bitcoin (BTC) plummeted by 14% from $10,180 to $8,600 on BitMEX within less than 15 minutes.Three major factors that caused the price drop were: long contracts accounting for the overwhelming majority of the Bitcoin market, BTC reacting to a multiyear resistance at $10,500 and whales dumping.BTC/USDT four-hour chart. Source: TradingViewBitcoin was overdue…

Nobody can really predict Bitcoin’s (BTC) price volatility. But one thing is becoming painfully predictable when the price of Bitcoin suddenly lurches in one direction or another: One or more of the major cryptocurrency exchanges simply goes offline. This leaves users powerless to prevent losses from spiraling, as they are left unable to trade or…

The president of Peru’s central bank has indicated that the country will be joining forces with India, Singapore, and Hong Kong to develop its own central bank digital currency. 1621 Total views 21 Total shares The president of the Central Reserve Bank of Peru Julio Velarde announced that his country will be entering the global…

The digital assets-focused blockchain-based protocol, Aventus, revealed its next code release Aventus Classic designed to create a more equitable and transparent ticketing industry.Alleviate fraud and provide transparencyOn Sept 12, Aventus Network announced in a blog post the release of Aventus Classic, a fully decentralized open-source Ethereum-based ticketing protocol designed to stop fraud and provide more…

Following a recent warning on vulnerabilities on Bitcoin’s (BTC) Lightning Network (LN), a startup claims to have found instances of the vulnerability being exploited.Upgrade advised to avoid loss of fundsOlaoluwa Osuntokun, CTO at LN-focused startups Lightning Labs and ACINQ, revealed the news in a brief statement on Linux Foundation’s domain on Sept. 10, claiming that…

Most of the blockchain firms that closed in 2019 were cryptocurrency scams or had deficient business models, according to recent research.Research sent to Cointelegraph by Chinese market research firm EqualOcean on March 26 suggests that most blockchain-backed Chinese businesses that halted their activity last year had major flaws.Short-lived companiesThe report found over 70 blockchain projects…

Former operator of now-shuttered crypto exchange BTC-e, Russian national Alexander Vinnik, has appealed with a Greek court for his release or extradition to Russia, local media outlet Kathimerini reported on March 21.Vinnik — who is accused of fraud and laundering as much as $4 billion in Bitcoin (BTC) over the course of six years —…