Bitcoin price bounces 5%, cancels DeepSeek stocks dive as $102K returns
Bitcoin wastes little time with a relief bounce taking BTC price action back above $100,000.
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PayPal establishes advisory council for crypto and blockchain
Jose Fernandez da Ponte said it's crucial to engage with world leaders to understand industry's opportunities and challenges. 164 Total views 22 Total shares Major U.S.-based payment processor PayPal has assembled a team of industry experts to act as advisors on crypto, blockchain and digital currencies. In a Tuesday announcement, PayPal said the addition of six…

Eric Weinstein calls Bitcoin potential hedge against fiat catastrophe
“Don’t let short term losses in Bitcoin sour you on Bitcoin, crypto or distributed computing,” Weinstein said. “Don’t let Bitcoin zealots chase you away either.” 1733 Total views 11 Total shares Eric Weinstein, managing director of Thiel Capital and host of the popular podcast The Portal, urged his followers over the weekend not to get caught…

Man who minted 14M ICX tokens due to a bug can pursue lawsuit to keep them
A flaw in an upgrade to the ICON blockchain in 2020 allowed a user to repeatedly mint millions of ICX tokens. 230 Total views 132 Total shares A cryptocurrency enthusiast who exploited a bug in the ICON network to mint a large amount of its native ICX token can pursue entitlement claims according to a…

Crypto Aid Israel raises $185K, distributes aid to 4 organizations, in 10 days
The organization is a collective of Israeli Web3 community members and international companies striving to alleviate suffering in the south of Israel. 119 Total views 2 Total shares The Crypto Aid Israel collective has raised over $185,000 since its creation less than two weeks ago and has distributed aid to several humanitarian groups. The organization has

Crypto-to-fiat liquidity startup Xanpool raises $27M
Cryptocurrency-to-fiat infrastructure provider Xanpool continues expanding operations in the Asia Pacific (APAC) by securing fresh funding.The Hong Kong-based startup raised $27 million in a Series A funding round led by Valar Ventures, the venture capital firm co-founded by PayPal co-creator Peter Thiel.Other participating investors included crypto-focused venture capital firm CMT Digital as well as angel…

Matt Zhang on a mission to reinvent crypto for institutional investors
Institutional interest in cryptocurrencies is increasing as the space continues to mature. A survey released on Dec. 8 by European investment manager Nickel Digital Asset Management found that 85% of institutional investors and wealth managers have dedicated teams to review cryptocurrencies and digital assets. The study noted that the investors surveyed manage around $108.4 billion…

Why is the crypto market down today?
The crypto market is down today as a disappointing US CPI print and decline in trading volumes fuel the crypto market’s sell-off.

Swiss Asset Management Firm Tiberius Group AG Delays Launch of Metals-Backed Token
Switzerland-based commodities assets manager Tiberius Group AG has delayed the sale of its metals-backed cryptocurrency, Tiberius Coin, due to high fees from credit card companies, Bloomberg reported Oct. 9.The company announced its intention to issue a digital currency tied to the price of metals — copper, aluminum, nickel, cobalt, tin, gold and platinum — in…