Bitcoin miners are treading water, but no alarms of a 'total firesale'
Bitcoin miners are not “full-scale bear market level capitulating,” according to a crypto analyst.
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Bitcoin ‘Single Best Hedge’ Against Traditional Financial System, Says VC
Chamath Palihapitiya, CEO of VC firm Social Capital, has proposed that bitcoin (BTC) is the single best hedge against the traditional financial system. During a panel on the CNBC show Squawk Box on July 9, Chamath — a stakeholder and board member of the Golden State Warriors NBA Team, and an early Facebook executive to boot…

Binance reportedly halts pounds sterling withdrawal for UK customers again
Binance has reportedly been forced to suspend fiat currency withdrawals for customers in the United Kingdom once again. 903 Total views 4 Total shares Binance customers in the United Kingdom are once again left without a fiat currency withdrawal option on Binance.According to Financial News on Tuesday, the crypto exchange giant sent emails to affected…

Dormant Bitcoin wallet holding 321 BTC activated after eight years
For one reason or another, the wallet has not transacted for years despite having what is considered life-changing money. 365 Total views 21 Total shares A Bitcoin wallet containing millions of dollars worth of Bitcoin (BTC) has come out of dormancy. For one reason or another, the wallet has not transacted for years despite having…

EU’s new ‘DORA’ rules come into effect: What does it mean for crypto?
Europe’s Digital Operational Resilience Act now applies to crypto businesses, expanding MiCA’s scope and requiring firms to enhance cybersecurity and risk management.

Exclusive: US Congressional Watchdog on Prototyping Smart Contracts
The supreme audit institution of the United States, the Government Accountability Office (GAO), posted two job positions with its Innovation Lab concerning the development of prototype applications for blockchain technology during March.Cointelegraph spoke to Chuck Young, the managing director of public affairs at GAO, to find out more about the agency’s interest in distributed ledger…

Bears batter Bitcoin market sentiment as Bitfinex margin shorts surge 378%
Bitcoin (BTC) bulls should brace for a potential onslaught from bears as the number of margined short positions on Bitfinex jumps by a little over 378%.Known to most by the ticker BTCUSD Shorts, the dataset records the number of bearish positions in the Bitcoin market. In simple terms, traders borrow funds from Bitfinex — their…

Hong Kong Stock Exchange Partners With Blockchain Firm to Improve Post-Trade Process
The Hong Kong Exchanges and Clearing Limited (HKEX) has partnered with blockchain firm Digital Asset to accelerate the post-trade process, financial news agency Finextra reports Oct. 31.HKEX had been working with Digital Asset to test a prototype system “in an effort to accelerate the post-trade process and reduce settlement risk.” According to Finextra, the system…

Unpacking Schnorr Signatures: Blockstream’s MuSig to Improve Bitcoin Transactions?
Following the launch of working code last month, blockchain technology firm Blockstream hopes to successfully develop a new multisignature standard for Bitcoin transactions in the future.Alongside this, Blockstream also released its latest version of its Bitcoin scaling software c-lightning at the beginning of March, marking a busy period for the highly regarded development house.Upgrades to…