Bitcoin metrics line up bull signals with $60.6K BTC price level to beat
Bitcoin is giving hints that an upward BTC price phase is about to begin, as measured by two popular trading tools.
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SEC’s fintech wing leaves the nest, becoming stand-alone office
FinHub will have new independence and responsibilities, reporting directly to the SEC's chairman. 2391 Total views 12 Total shares Per a Dec. 3 announcement, the Securities and Exchange Commission's fintech team will become an independent office.Initially launched in 2018 under the guidance of Bill Hinman, the SEC's Strategic Hub for Innovation and Financial Technology, or FinHub,…
Stablecoin metric hints Bitcoin price will rise as buyers snap up BTC
Stablecoin supply ratio shows much more buying power among stablecoin holders currently, with Bitcoin trailing at $11,400. Bitcoin (BTC) at $11,400 is ripe for a fresh price surge thanks to stablecoin investors buying up cheap coins, data suggests.Highlighting the latest readings from its stablecoin supply ratio (SSR) metric on Aug. 26, on-chain monitoring resource Glassnode…
DeFi flash loan hacker liquidates Defrost Finance users causing $12M loss
Moments after a few users complained about the unusual loss of funds, Defrost Finance’s core team member Doran confirmed that Defrost V2 was hit with a flash loan attack. Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTDefrost Finance, a decentralized leveraged trading platform on Avalanche blockchain, announced that both of its versions — Defrost…
Crypto-friendly BlackRock starts ‘digital-first’ investment offering in India
As BlackRock reiterates that an optimal investment allocation should include 84.9% BTC, the firm has formed a major investment partnership in India. 14 Total views 1 Total shares Global investment giant BlackRock is expanding its reach in India with a partnership targeting the launch of the “digital-first offering” in India.BlackRock on July 26 officially announced…
Vitalik Buterin proposes faster Ethereum trades with single-slot finality
Ethereum co-founder Vitalik Buterin proposed moving away from Ethereum’s epoch-and-slot mechanism to a single-slot finality system, pointing out key potential challenges.
Weaponizing Blockchain — Vast Potential, but Projects Are Kept Secret
When Indian Defense Minister Rajnath Singh said that blockchain and artificial intelligence would “revolutionize war,” as Cointelegraph reported on Nov. 4, did he take things a bit too far? Jet engines have revolutionized warfare, and so have missiles and nuclear weapons — but shared digital ledgers? Former NATO Secretary General Anders Fogh Rasmussen, for one, told…
Decentralization meant sanctions couldn’t ‘pull the plug’ on Tornado Cash: Chainalysis
Sanctions aimed at decentralized crypto mixer Tornado Cash weren’t able to completely cut off its usage, though it has hamstrung the service, a blockchain analytics firm has shared.On Aug. 8, the Office of Foreign Assets Control (OFAC) announced sanctions against the crypto mixer for its role in the laundering of crime proceeds.In a report published…
Terra Classic community elects to cease USTC minting
The community strongly backs stopping TerraClassicUSD (USTC) minting and reminting in favor of burning tokens to restore its US dollar peg. 105 Total views 19 Total shares The Terra Classic community has voted in favor of ceasing all minting and reminting activities related to TerraClassic USD (USTC), with the objective of reestablishing a stable peg