Bitcoin reclaims $62K, analysts say worst is ‘likely behind us’
With Germany’s “forced selling” over and Mt. Gox repayments all but priced in, analysts look to an easing macro environment as a driver for Bitcoin’s price in the coming months.
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South Korean crypto firm Hashed Ventures expands to Abu Dhabi: Report
Hashed Ventures said it’s in talks with other South Korean crypto firms to help bring them to Abu Dhabi.
Greek Supreme Court Rules to Extradite Alleged BTC-e Owner Alexander Vinnik to Russia
The Supreme Civil and Criminal Court of Greece has ruled to extradite alleged BTC-e owner Alexander Vinnik to Russia to face several cyber fraud charges, Russian state news agency RIA Novosti reports Tuesday, September 4.The formal decision on extradition to Russia will be issued September 14, coming into force the same day.During the actual hearing,…
Traders on Paxful sell $16.2M of Bitcoin for discounted gift cards each week
A new report has found almost half of all Bitcoin traded on the P2P exchange Paxful is exchanged for gift cards. 1825 Total views 2 Total shares A report published by Arcane Research has revealed that nearly half of Paxful’s trade volume comes from trade between Bitcoin (BTC) and gift cards.The report found that, “purchasing…
US Senator claims support for crypto amendments despite blocking bill
Senator Shelby claims he supported the cryptocurrency provisions of the amendment to the infrastructure bill that his sole objection blocked from passing the senate. 1306 Total views 6 Total shares On July 29, Cointelegraph reported that provisions had been hastily added to the infrastructure bill that sought to raise $28 billion through expanded taxation and…
Italian Parliament Approves Bill Defining Distributed Ledger Tech, Blockchain Terms
The Italian House of Representatives has approved a bill defining distributed ledger technologies (DLT) such as blockchain, Cointelegraph Italy reported on Feb. 7.With 275 votes in favor, 206 against and 27 abstentions, the bill dubbed “Semplificazioni” has moved forward. The Agenzia per l’Italia Digitale will now define the technical criteria that smart contracts will have…
FTX blocks Aztec Network privacy DApp, calling it a ‘high risk’ mixer
Some users took to Twitter to bemoan what some are calling a continuing attack on privacy in the wake of the U.S. Treasury Dept.’s action against Tornado Cash. 285 Total views 33 Total shares FTX has reportedly begun blocking accounts that have sent coins through zk.money, a private layer-2 chain provided by the Aztec Network…
Polkadot’s founder looks back on the year, teases Substrate 3.0 in early 2021
Polkadot has recounted its gains in 2020, identifying its dominance of the crypto staking scene among other notable milestones for the year. 1728 Total views 14 Total shares With 2021 less than 24 hours away, Polkadot creator Gavin Wood says the project has built up a head of steam heading into the new year. In…
Avalanche (AVAX), Matic and Celo rally while Bitcoin price pulls back
Bitcoin’s (BTC) recent institutional investor-driven rally has steadily pushed its price to new all-time highs and while investors are intensely focused on BTC’s price action, a number of altcoins have also secured new multi-year highs.On. Feb. 10, the total crypto market capitalization hit a new high at $1.42 trillion less than a week after Tesla…