Bitcoin Drops Below $7K as Traditional Markets Flatline

Portal uses Bitcoin layer-2 network Lightning to allow users to convert assets like ETH into BTC by the use of atomic swaps.As well as introducing greater utility to Bitcoin, Anduro may present an opportunity for further revenue streams for miners, hence Marathon's involvement.Anduro, a multi-chain layer-2 network incubated by bitcoin miner Marathon Digital Holdings (MARA)

Jul 16, 2020 at 15:49 UTCJoseph Lubin, ConsenSys founder, at CoinDesk's Consensus 2019 (CoinDesk archives)An Ethereum-based payments project claims in a new lawsuit that ConsenSys abused its position of trust as an investor to access trade secrets and create a rival offering. BlockCrushr filed a complaint Tuesday alleging ConsenSys misappropriated its intellectual property to create…

WazirX has faced industry and customer heat about a "withdrawal management poll" after suffering the $230 million hack earlier this month. The exchange has now said the poll was not "not legally binding," it was a "preliminary step to understand" customer opinions, and that they will soon launch a feedback form. Meanwhile, Indian news outlet

The impact of Web3, ultimately, is “going to be very similar to the way that the rise of the internet completely changed humanity,” says Chris Jacquemin, head of digital strategy of WME and the partner who led the firm’s embrace of Web3. Under Jacquemin’s watch, WME has signed more than 50 Web3 creators, building an…

Ether (ETH) could be a market leader in the coming months, observers said early this month, adding the native token of Ethereum's blockchain is qualified to be a core holding in a diversified crypto portfolio. As of now, the options market does not share that sentiment.According to Amberdata, options tied to ether show bias for

Crypto crimes are raking in far less revenue this year due to a dry-up among hacks and scams, according to a mid-year report from Chainalysis, which tracks illicit wallet addresses.Through the end of June, the industry’s total losses to illicit actors ranged near $2.5 billion and had fallen 65% relative to mid-2022, whereas legitimate actors…

DBS Token Services will offer instant real-time settlement of payments. The bank is also exploring a treasury and liquidity management solution with Ant Financial. 01:00 Latin America's Crypto Surge: A Battle Against Inflation 01:48 Nishad Singh’s Lawyers Ask Judge to Spare Him Prison; Italy to Raise Capital Gains Tax on Crypto 01:36 Bitcoin Jumps Above

A tweet this week from Chris Frantz, the founder of email platform Loops, irked me.Frantz said “90% of the people I know in web3 have pivoted their company to AI.”What got to me was not that founders are so obsessed with securing venture capital that they’ll glob onto the next “in” thing. (Let’s save that…

A federal judge has rejected Wyoming-based Custodia Bank's argument that it is entitled to a Federal Reserve master account and membership with the Fed.Judge Scott Skavdahl, of District of Wyoming, denied Custodia's motion for judgement on Friday, writing that federal laws do not require the nation's central bank to give every eligible depository institution access