Bitcoin hashprice slump echoes March 2020 BTC price launch zone

August 30, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Bitcoin hashprice, when compared to BTC price action, is reminiscent of conditions that preceded the 2020 breakout to new all-time highs.

The Swiss government will enforce new blockchain laws in less than a year. 1092 Total views 13 Total shares Switzerland’s Federal Department of Finance has initiated a consultation process for a blanket ordinance in the blockchain and distributed ledger technology space. The consultation will happen among cantons, parties and other interested groups in this space. It…

Indian Crypto Exchange Unocoin Suspends Fiat Deposits, Withdrawals in Wake of RBI Ban

Unocoin, a major Indian crypto wallet provider and exchange, has suspended rupee (INR) deposits and withdrawals “as per orders” from the country’s central bank, according to Unocoin’s blog post July 23. Unocoin notified its customers that fiat deposits and withdrawals are “temporarily disabled” until “an alternative method of funding is identified and deployed.” Meanwhile, crypto…

Analytics Firm Training Students to Detect Cryptocurrency Scams

Cryptocurrency analytics firm CipherTrace has launched “Defenders League,'' a program designed to provide students with the training and tools necessary to investigate crypto-related scams. On Jan. 13 CipherTrace announced partnerships with the Middlebury Institute of International Studies at Monterey, Middlesex University London, and the Blockchain Acceleration Foundation (BAF). The Defenders League will initially consist of graduate…

Banking crisis: What does it mean for crypto?

Cointelegraph breaks down the main events that led to the collapse of Silvergate, SVB and Signature Bank and explains what this all could mean for crypto. 552 Total views 3 Total shares Own this piece of history Collect this article as an NFTLast week’s rapid collapse of Silvergate, Silicon Valley Bank (SVB) and Signature Bank…

What is Ink: Kraken’s layer-2 DeFi bridge?

Learn how Ink by Kraken enhances DeFi with fast, low-cost transactions and secure cross-chain interoperability for a better decentralized experience.

South Korean Internet Giant Kakao’s Blockchain Platform to Launch in June

Ground X, the blockchain arm of South Korean internet giant Kakao Corp, has announced the launch date of its own blockchain platform, a Cointelegraph correspondent learned at Consensus 2019 on May 13.Per the announcement, the Klaytn mainnet will launch on June 27, 2019, and will purportedly be a major driver of blockchain adoption in the…

Whale vault gobbles up virtual real estate for development in The Sandbox

An NFT vault has emerged as the second-largest owner of virtual land in the crypto-powered game The Sandbox. The Whale non-fungible token vault has become the second-largest holder of virtual land in The Sandbox game — and its owner plans to become a virtual real estate developer.WHALE tokens represent fractional ownership in The Vault —…

Circle marks a possible $3B loss from Binance stablecoin conversions

Circle attributed its miscalculated financial projections to Binance implementing USDC to BUSD auto-conversions and the recent collapse of FTX. 382 Total views 3 Total shares Circle, the company behind the issuance of USDC Coin (USDC) said recent events have caused it to miscalculate its financial projections — referring to the collapse of FTX and a decision…

Framework Labs nabs $8m in funding round

‘DeFi is not a spectator sport,’ says Framework Labs co-founder Vance Spencer Framework Labs, the sister company of Framework Ventures, has raised $8 million in a new seed round.Station 13, an investment firm focusing on blockchain ventures related to sports, media, and entertainment, led the $8 million fundraising round for Framework Labs. Framework will use…

Share this: