Bitcoin reclaims $62K, forming a ‘massive bull hammer’ on price chart

The highly anticipated launch of Ethereum 2.0, or Eth2, is scheduled to take place next week. Specifically speaking, Eth2’s proof-of-stake blockchain known as “the beacon chain” has been confirmed to run alongside the Ethereum network starting Dec. 1. Although some members of the blockchain community remained skeptical about a Dec. 1 launch date for the beacon…

PANONY, a Hong Kong-based investor and consulting agency, is prioritizing Web3 startups for its incubator program. 1641 Total views 37 Total shares Blockchain-focused incubator and adviser PANONY has closed a Series A funding round backed by NGC Ventures, one of Asia’s largest crypto investment firms, putting the company on track to expand its portfolio and…

The U.S. Securities and Exchange Commission’s (SEC) Enforcement Division has released its annual enforcement report for the 2018 fiscal year (FY), Friday, Nov. 2. The report notes actions by the Division against fraudulent Initial Coin Offerings (ICOs).According to the report, since the formation of the Division’s Cyber Unit at the end of FY 2017, the…

Stone Ridge Asset Management, the parent company of New York Digital Investment Group, or NYDIG, has been actively pursuing new investment vehicles for Bitcoin. On Friday, Stone Ridge's open-end mutual fund revealed a new Bitcoin-focused investment strategy. 2650 Total views 13 Total shares Stone Ridge Asset Management, the alternative investment manager behind New York Digital…

Major cryptocurrency exchange Binance announced in a blog post on Nov. 28 that it partnered with crypto travel startup TravelByBit to launch a rewards card that facilitates crypto payments on major travel websites.Per the announcement, the card will function like a traditional prepaid card with access to additional discounts and rewards that users will be…

Over the course of 2020, numerous countries across the globe raced toward their own digital versions of their currencies, known as central bank digital currencies, or CBDCs. The crypto industry still has its selling points, however, even if most countries launched CBDCs, according to Jake Yocom-Piatt, co-founder of crypto project Decred.“I expect many nation states…

The Binance.US head of legal and the exchange’s chief risk officer have reportedly left the company while it faces an SEC suit. 195 Total views 3 Total shares Two more top executives are leaving Binance.US, one day after the departure of CEO Brian Shroder and the layoff of a third of its staff, The Wall

The Diabolic Drive’s name sounds as ominous as its potential payload. The recently developed USB wireless keystroke injection tool is intended to stress test networks, but could it potentially be used as a means to steal cryptocurrency from unwitting users?The new gadget is set to be used by cybersecurity experts to test networks and business…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.When a price is forming a bottom, it is usually…