Bitcoin price seesaws near $56K as US stocks post fresh all-time highs

Bad actors allegedly tried to brute force their way into accounts belonging to Paxful's users in an ongoing series of attacks. 1518 Total views 17 Total shares Paxful, a peer-to-peer cryptocurrency marketplace, has successfully defended against a number of serious threats, including 220,000 bot attacks and a variety of social engineering ploys — all in…

El Salvador’s president showed the supposed first steps of a geothermal Bitcoin mining facility. 290 Total views 5 Total shares El Salvador’s President Nayib Bukele shared a video showing the apparent progress of the country’s Bitcoin (BTC) mining plant powered by volcanic geothermal energy.The video shows an overview of a power generation facility with technicians…

It's not a decentralized exchange in the truest sense of the word, but a peer-to-peer token swap platform under the oversight of Square. 462 Total views 8 Total shares Jack Dorsey, co-founder, and CEO of both Square and Twitter, released a white paper Friday detailing plans for Square's decentralized Bitcoin (BTC) exchange tbDEX. Unlike most…

A blockchain-based home equity loan platform, Figure, has raised $65 million from various major financial and venture capital firms, tech news site TechCrunch reports on Feb. 27.The firm, which was founded by SoFi founder and former CEO Mike Cagney, reportedly raised the funds from such majors as Morgan Creek, DST Global, DCM, Ribbit Capital and…

Bitcoin (BTC) continues to face a tough battle near the psychological level of $20,000 as the bulls and the bears attempt to assert their supremacy. Trading firm QCP Capital said in their latest market circular that funding rates on derivatives markets were stable and bearish conditions were fading.Another ray of hope for the Bitcoin bulls…

His last reported Bitcoin holdings were 0.25 BTC. 4584 Total views 18 Total shares Elon Musk, CEO of SpaceX and Tesla, has surpassed the net worth of Amazon founder Jeff Bezos.“Elon Musk has become the world's richest person, as his net worth crossed $185bn (£136bn),” the BBC reported on Thursday. The futuristic businessman gained staggering…

Crypto venture fund giant Andreessen Horowitz (a16z) has highlighted that development and demand on Ethereum is “unmatched” despite the network’s high transaction fees.The firm does warn, however, that its “popularity is also a double-edged sword” given Ethereum prioritizes decentralization over scaling, resulting in competing blockchains stealing market share with “promises of better performance and lower…

The country is a key institutional market for the exchange according to the CEO of Coinbase Singapore, who explained it's also working with local industry groups to improve regulations. 293 Total views 8 Total shares

Argentina’s tax authority AFIP reportedly ordered domestic crypto exchanges and payment firms to provide monthly reports of all kinds of operations. 4726 Total views 22 Total shares A tax authority in Argentina is reportedly looking to scrutinize operations involving cryptocurrencies like Bitcoin (BTC).Argentina’s Federal Administration of Public Income, or AFIP, has ordered domestic crypto exchanges…