Bitcoin price coils as market confirms $65K as ‘real resistance’
BTC price “chop” is still the name of the game, with Bitcoin bulls yet to mount a charge at a $65,000 sell wall.
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Binance to Switch Tether Addresses from Omni to ERC-20
Major cryptocurrency exchange Binance has announced that it is switching from Omni-based addresses to ERC-20-based addresses in customer wallets for the stablecoin tether (USDT), according to an official announcement on July 3.In order to make the switch, Binance says that there is a 30-minute downtime planned for USDT withdrawals and deposits on July 4, beginning…
XRP Price Bottom May Be Here as Bulls Try to Prevent New All-Time Low
While Bitcoin (BTC) is currently showing weakness with the recent retracement from $7,500 to $6,900, XRP price is remaining relatively stable as the XRP/BTC pair is stabilizing. But it’s not only the price of XRP that is remaining reasonably stable against BTC, but Stellar Lumens (XLM) is also showing strength. Would this imply that the inverse…
‘I never opened the code for FTX’: SBF has long, candid talk with vlogger
Former FTX head Sam Bankman-Fried (SBF) selected cryptocurrency vlogger Tiffany Fong for a series of lengthy and candid telephone interviews. In the two interviews that had been released on YouTube at press time, SBF speaks about many of the major questions connected with the collapse of FTX.The first interview was conducted Nov. 6 and released…
Former Mt. Gox CEO Mark Karpeles Rejects Brock Pierce’s Plans to Reboot Exchange
Mark Karpeles — the former CEO of the now-defunct Bitcoin (BTC) exchange Mt. Gox — has refuted controversial crypto figure Brock Pierce's claims he can reboot the trading platform and accelerate compensation for Mr. Gox’s creditors. Karpeles made his remarks in private correspondence with Cointelegraph Japan on Feb. 12.As reported, Pierce — a crypto entrepreneur…
Alameda wallet under liquidator control incurred $11.5M in losses: Arkham
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EU Highlights Blockchain Benefits in Digitization Write-Up
The European Union, or EU, mentioned blockchain technology as part of social services digitization efforts to keep Europe up to speed with the changing times. “As in the case of the services sector, the use of blockchain technology is in an early phase of adoption in health and social care, where it has been used to…
Ethereum Privacy Protocol Takes Foot Off Brake With Entirely Immutable Contracts
Tornado.cash has launched complete immutability for its smart contracts, despite the potential security risks. 381 Total views 27 Total shares Fledgling Ethereum anonymization protocol Tornado.cash has launched completely immutable smart contracts — rendering the protocol “unstoppable” from May 21.While the project has extolled the virtues of immutability and declared that “code is law,” many within…
Vitalik Buterin Proposes Higher Staking Rewards for Upcoming ETH PoS Algorithm
Ethereum co-founder Vitalik Buterin proposed a higher staking reward for the upcoming proof-of-stake (PoS) algorithm implementation on the Ethereum blockchain on GitHub on April 20.Per the proposal, 2,097,152 ether per year would be issued when 134,217,728 ether is staked and validating transactions, resulting in an annual return for stakers of 1.56%. The current circulating supply…