Bitcoin price attempts to turn the tide after Fed’s 0.5% rate cut

Scams make up the largest share of funds sent from Eastern Europe to illicit addresses. 174 Total views 19 Total shares Recent research has revealed that Eastern Europe remains a very high source of cybercrime activity — both from victims to scams, and from users to darknet markets — in the cryptocurrency sector.Cryptocurrency addresses based…

The popularity of decentralized finance played an integral role in the launch of MetaMask Institutional as companies looked to safely enter the space. 119 Total views 5 Total shares

Cathie Wood is taking profits from ARK Invest’s Coinbase holdings by selling a small portion of its stash. 627 Total views 1 Total shares Pro-Bitcoin (BTC) Investment veteran Cathie Wood is taking some profits from ARK Invest’s large Coinbase holdings by selling a small portion of its stash.On July 11, Wood’s investment firm ARK offloaded…

This week the price of Bitcoin (BTC) surged more than 15%, reaching a high at $7,200 before pulling back into the $6,800 range. Despite the recovery, Bitcoin still has a way to go in order to reach the $8,000 level seen before the coronavirus-triggered selloff on March 12.Cryptocurrency market performance. Source: Coin360The drop had several…

A portion of bitcoin (BTC) stolen from Bitfinex crypto exchange back in 2016 has been moved from hackers’ wallets to an unknown address on June 7, based on several tweets by crypto transaction tracker Whale-alert.io.The movement of stolen bitcoins has allegedly started earlier today at 06:08 AM UTC and involved of six transactions to date,…

The stablecoin operator said the reliability of its reserves is important to highlight “at a time like this.” Tether has historically had issues with transparency. 785 Total views 6 Total shares Tether issued a short statement on Nov. 16 saying that it has no exposure to institutional crypto lender Genesis Global or the Gemini Earn…

The United States Federal Reserve Chair Jerome Powell recently said that additional fiscal stimulus could result in a stronger recovery. He also emphasized that the Fed had enough tools to support the economy.After the winner of the U.S. election is announced, the focus of lawmakers could shift to the next stimulus package. However, additional money…

Balaji Srinivasan has offered $1000 in Bitcoin to the first Twitter user who can get Vox’s technology news website Recode to retract a story about Silicon Valley’s ‘overreaction’ to COVID-19 in February.The former CTO of Coinbase made the offer on Twitter today. He specifically targeted Kara Swisher, the co-founder and editor-at-large of Recode.Srinivasan says he…

Despite a wave of heavy crypto layoffs to start the new year, employees in technical and engineering roles, as well as senior management, will likely continue to see “strong demand” for their skills, recruitment professionals believe.It’s been a tough first few weeks of 2023 for crypto businesses and their staff. Within just two weeks, the market…