Bitcoin falls alongside stocks following Bank of Japan rate hike comments
Bitcoin opens the week in the red as comments from the Bank of Japan and a sharp sell-off in equities markets negatively impact BTC price.
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What can Eric Adams do? The limits of turning New York City into a crypto hub
Despite his actual term at the helm of the New York City government kicking off some 1.5 months from now, Eric Adams, the city’s mayor-elect, has already started governing by publicity. Making the Empire City more business and tech-friendly is a centerpiece of Adams’ vocally projected agenda, and — much to the crypto community’s delight…

ZachXBT rug pull drama reveals extent of unpaid detective work
Crypto sleuth ZachXBT faced a flurry of rug pull accusations after withdrawing liquidity from a memecoin, raising questions about the unrecognized value of his contributions.

Deregulating Crypto Could Spark More Speculation Says Japan’s FSA
“Deregulating Bitcoins and other cryptocurrencies may not necessarily promote technical innovation,” says Japan’s new top financial regulator. Ryozo Himino, the new commissioner of Japan's Financial Services Agency, says the agency is wary of deregulating private cryptocurrencies.Noting that the COVID-19 pandemic could accelerate the transition to a cashless society, Himono instead emphasized the potential role of…

Alleged Capital One Hacker Accused of Secretly Mining Cryptocurrency
The individual accused of perpetrating a massive-scale hack of credit card issuer Capital One also allegedly hacked cloud customers’ servers to mine cryptocurrency for herself. Court filings published on Aug. 28 reveal that Paige A. Thompson has been indicted on charges of both perpetrating the Capital One breach and of hacking into the servers of her…

Interest wanes in Bitcoin futures ETF’s as contracts fall below 5K
Declining interest in Bitcoin futures ETFs may have a number of reasons, chief among them the declining price of BTC since the ATH reached in mid-November. 118 Total views 12 Total shares After a stellar launch, interest has waned in the ProShares Bitcoin Strategy Exchange Traded Fund (BITO) which now has the lowest amount of…

Ethereum Alarm Clock exploit leads to $260K in stolen gas fees so far
Web3 security firm Supremacy highlighted Etherscan transaction history that showed the hacker(s) were able to swipe 204 ETH in gas fees so far, worth roughly $259,800. 390 Total views 13 Total shares A bug in the smart contract code for the Ethereum Alarm Clock service has reportedly been exploited, with nearly $260,000 said to have…

Bitdeer’s losses widen in Q2 after one-time $33M listing fee, shares up 44%
The company entered into a $150 million share purchase agreement with B. Riley Financial on Aug. 10. 36 Total views 1 Total shares Bitcoin miner Bitdeer Technologies, a firm spun-off from prominent Bitcoin Application-Specific Integrated Circuit (ASIC) manufacturer Bitmain, recorded a net loss of $40.4 million in Q2 2023, up from a net loss of…

BTC price 3-week highs greet US CPI — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week on a promising footing with BTC price action near one-month highs — can it last?In a new year’s boost to bulls, BTC/USD is currently surfing levels not seen since mid-December, with the weekly close providing cause for optimism.The move precedes a conspicuous macroeconomic week for crypto markets, with the…