Bitcoin has room to fall amid ‘unusual’ open interest: CoinGlass
Total open interest on Bitcoin futures hit $29 billion on Aug. 16 despite a decline in Bitcoin’s price.
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Indian police begin probe into alleged $270K cryptocurrency exchange scam
Another cryptocurrency scam in India has reportedly duped investors of hundreds of thousands of dollars. The operator of Delhi-based cryptocurrency platform Pluto Exchange is accused of duping 43 investors of more than $272,000.A local news outlet Millennium Post reported that the Economic Offence Wing of the Delhi Police has launched a probe against the operators…
ATHDAOx: Building the future of Web3 in physical-digital with DAOs
ATHDAOx, an event in the tradition of the Solana Hacker House, took place on Dec. 9 and 10 in Athens, Greece, to discuss all things decentralized autonomous organization (DAO).From governance and legalities to community building and security, the event brought together the local DAO-focused community in Greece and abroad. Cointelegraph was on the ground for
Nexo joins sanctions association as regulatory scrutiny increases
Nexo looks to keep pace with regulatory requirements by implementing new certification requirements for its compliance team. 50 Total views 2 Total shares As regulatory scrutiny continues to circle the wider Web3 ecosystem, cryptocurrency lending platform Nexo will look to leverage training resources, connections and data by joining the association of certified sanctions specialists (ACSS).The…
Crypto Exchange Coinbase Acquires San Francisco-Based Tech Startup Blockspring
Major cryptocurrency exchange and wallet provider Coinbase has acquired Andreessen Horowitz-backed tech startup Blockspring. The purchase was revealed in a blog post published Jan. 14.San Francisco-based Blockspring produces tools that enable developers to automatically gather and process information from application programming interfaces (APIs).In 2015, the company raised $3.4 million in a round led by venture…
Reliably unreliable: Solana price dives after latest network outage
Solana has suffered its fifth outage of 2022, and the year is only five months old. A bug-related consensus failure was the culprit this time. The Solana network is not having a good year, having suffered full or partial outages at least seven separate times over the past 12 months.A bug has knocked the Solana…
SEC’s Gensler claims ‘parallels’ between Binance and FTX, yet one wasn’t sued
The United States securities chair has hinted at “parallels” between crypto exchange Binance and collapsed exchange FTX — namely their alleged use of sister firms to move funds. Speaking to Bloomberg on June 6, the U.S. Securities and Exchange Commission chair Gary Gensler, pointed to FTX’s alleged fraud and manipulation regarding its sister firm Alameda Research,…
Max Keiser Predicts Bitcoin Dominance, Death of Altcoins and Hard Forks
Bitcoin maximalist and former Wall Street trader Max Keiser has recently claimed that Bitcoin (BTC) dominance is heading to 80% and that altcoins are dying, further urging the public to rotate out of other crypto assets and into BTC.Keiser announced his latest views in a Twitter post on Aug. 6:“#Bitcoin dominance 68.2% — heading to…
Swiss Blockchain Company Gains Regulator Approval, Seeks Banking License in 2019
Swiss blockchain startup Smart Valor has won approval from the country’s regulators to operate in the local financial market, Reuters reported September 5.Smart Valor will be regulated by the local Financial Services Standards Association (VQF) rather than the national regulatory agency, the Financial Market Supervisory Authority (FINMA). The VQF is authorized by FINMA to check…