Bitcoin exchange balances ‘overrated?’ 140K BTC Mt. Gox payout sparks debate
One commentator argues that Bitcoin exchange balances are not a reliable yardstick for BTC price strength, while others dismiss the latest Mt. Gox fears.
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FomoHunt Becomes First Merchant to Accept Huobi Tokens as Payment
Cryptocurrency exchange Huobi’s native Huobi Token (HT) is now available for making real-world online purchases of a wide range of products from the e-commerce platform FomoHunt.Per a press release shared with Cointelegraph on Aug. 22, users of HT can now purchase clothes, art, hardware and other products from the e-commerce and cryptocurrency industry news platform…

South Korea’s Delio declared bankrupt with $1.75B in assets lost
A creditors' meeting will be held in March, but their funds reportedly disappeared into the chaos of the FTX collapse.

Ghana Exploring Digitized National Currency, Says Central Bank Exec
The Republic of Ghana is exploring the benefits of issuing a central bank digital currency (CBDC), the governor of the country’s central bank says.Ernest Addison, a Ghanaian economist currently serving as the governor of the Bank of Ghana (BoG), revealed that the bank is working with key stakeholders to explore a pilot CBDC project.In a…

Satoshi Nakamoto Had Outside Cryptography Help, Says Early Bitcoin Dev
Satoshi Nakamoto sought help from expert cryptographers, which allowed him to make Bitcoin secure, says an early developer. 2737 Total views 40 Total shares According to an early Bitcoin (BTC) developer, Satoshi Nakamoto sought help from outside cryptographers prior to launching Bitcoin.Laszlo Hanyecz, who worked closely with Satsohi in 2010, told Cointelegraph that he was…

Republican Kevin McCarthy says Fed chair needs more education on crypto
The House minority leader said the United States should not take a backseat to China when it comes to digital currencies. 4269 Total views 17 Total shares Kevin McCarthy, the minority leader in the U.S. House of Representatives, hinted that both the current Secretary of the Treasury and chair of the Federal Reserve may need…

BTC and ETH will break all-time highs in 2022 — Celsius CEO
Celsius Network CEO Alex Mashinsky shared his insights on the Bitcoin and Ether markets at Paris Blockchain Week Summit. 882 Total views 59 Total shares During the recent Paris Blockchain Week Summit, Cointelegraph's Joseph Hall sat down with Alex Mashinsky, CEO of Celsius Network, to talk about several topics, including where the Bitcoin and Ether markets are…

Crypto Wallet Secures $50 Million Insurance for Customer Crypto Assets
Crypto securities company Curv has partnered with insurance company Munich Re to obtain $50 million in coverage, according to a Curv press release on May 10.This new insurance is designed to cover any cases in which a bad actor was able to gain access to either Curv or the customer’s shares, both of which would…

Bitfinex to compete with DeFi with new borrowing service
Amid a year of significant growth for the decentralized finance space within the crypto industry, Hong Kong-based crypto exchange Bitfinex has unveiled its new lending service today, called Bitfinex Borrow. "Bitfinex Borrow is a borrowing platform," Bitfinex chief technology officer Paolo Ardoino told Cointelegraph. “This particular offering isn’t about lending out your crypto and obtaining a…