Bitcoin price eyes 'relief rally' to $61K after downside liquidation wipeout
Bitcoin’s downward price action led to another round of liquidations, with over $78 million over the past 24 hours.
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Crypto Exchange Coinbase Pro Is Adding Support for Orchid Trading
Major American cryptocurrency exchange Coinbase is adding support for Orchid (OXT) on its professional trading platform Coinbase Pro.According to a blog post published by Coinbase on Dec. 12, Coinbase Pro will start accepting OXT deposits starting Friday, Dec. 13, “for at least 12 hours prior to enabling full trading.” The company also noted:“Once sufficient supply…
Future of money will be public-private effort, says ex-CFTC chairman
Will CBDCs disrupt stablecoins, or will they help each other? 940 Total views 13 Total shares The public and private sectors should work closely together to bring about the future of money, according to a former leader of the Commodity Futures Trading Commission.Chris Giancarlo, a former CFTC chairman and initiator of a blockchain-based digital dollar…
Report: Chinese Guangzhou Gov’t Unveils $140M Blockchain Subsidy Fund
The Guangzhou government has announced a $140 million subsidy fund to encourage the development of blockchain initiatives.The local authorities are reportedly planning to spend 1 billion yuan ($141 million) to selectively sponsor two blockchain-related projects per year, according to a tweet of a senior exec at crypto investment holding firm Primitive Ventures.“No-coin” public chainsCiting a…
Aussie crypto exchange CoinJar partners with Mastercard for crypto cards
CoinJar Card will be made available through digital and physical cards and currently supports fiat-like transactions for 30 cryptocurrencies. 278 Total views 208 Total shares Mastercard has been making headlines consistently as it ramps up efforts to offer crypto services across the globe. In the latest partnership with CoinJar, Mastercard will enable the Australian market…
Wonderland’s treasury saga exposes the fragility of DAO projects today
The Wonderland protocol became the talk of the decentralized finance (DeFi) world after the platform was found at the center of a brewing controversy. On Jan. 27, DeFi analyst zachxbt revealed that one of the anonymous co-founders of Wonderland happened to be QuadrigaCX co-founder Michael Patryn, who has been operating under the name of Sifu.QuadrigaCX is…
NGRAVE Hard Wallet Hits 450% of Crowdfunding Goal Within Two Days
A hardware wallet’s IndieGoGo crowdfunding campaign reached 450% of its target funding amount within two days of launch. 2053 Total views 41 Total shares The NGRAVE ZERO, claimed to be the world’s most secure hardware wallet, launched its crowdfunding campaign for €25,000 ($27,850) on May 26. In the first two days it smashed this total…
Bitcoin will surge in 2023 — but be careful what you wish for
The Bitcoin (BTC) community is divided about whether the token's price is going to surge or crash in the year ahead. A majority of analysts and technical indicators suggest it could bottom between $12,000 and $16,000 in the months to come. This correlates with a volatile macroeconomic environment, stock prices, inflation, Federal Reserve data and…
Scammers prefer banking customers over crypto investors in Ireland: Report
To date, Irish authorities managed to recover approximately 4 million euros of the 20 million euros lost in banking scams since January 2023. 568 Total views 1 Total shares Fraudsters in Ireland prefer targeting traditional banking customers instead of cryptocurrency investors amid a two-year-long bear market.The frequency of cryptocurrency scams is often directly proportional to