Bitcoin reserve may end up a ‘potent political weapon’ — Arthur Hayes

The fines are tied to a legal dispute involving X’s failure to comply with court orders in the country. 

The FSB seems more concerned with the crypto market given its recent turmoil and the “increasing interconnectedness with the traditional financial system.” 114 Total views 23 Total shares The Financial Stability Board (FSB), a global financial regulator including all G20 countries, is preparing to propose international regulations for cryptocurrencies and stablecoins in October.The FSB on…

The series C funding round was led by existing investors Tencent and Accel. 44 Total views 2 Total shares French crypto-friendly fintech startup Lydia has raised $100 million in a series C funding round, as per a report in TechCrunch. The latest capital raise reportedly helped Lydia attain unicorn status with a valuation of over $1…

Following the theft of 342,000 Ether (ETH) ($50 million) from major South Korean crypto exchange Upbit, some commentators have suggested that the hack was actually an inside job.As Cointelegraph contributor Joseph Young tweeted on Nov. 27:“The ‘hacker’ timed when UPbit was making crypto transfers to its cold wallet (other alts like TRON, etc.). Hence, I…

Marketing loves celebrities — and with good reason. They're “celebrated” people, individuals invested with bulk quantities of cultural capital (i.e., public respect, goodwill and interest), which — if tapped correctly by marketing firms — can be reflected onto endorsed products. This is why they've already proven important for the cryptocurrency industry, which has enlisted the…

A recent run-down in Bitcoin (BTC) price from about $65,000 to as low as $30,000 did not force long-term holders into selling, Glassnode data shows.The on-chain analytics platform revealed a spike in Bitcoin reserves held in wallets with lower unspent output just as the BTC/USD's bids were crashing. Meanwhile, the data also shows a Bitcoin…

The trader, the largest BOME holder, made an over 993-fold gain on his initial investment, spurring insider trading allegations.

Bullish sentiment is on the rise on Sept. 14 as the price of Bitcoin (BTC) climbed higher throughout the morning and now takes aim at the $47,000 level. The building momentum also had a positive effect on altcoins and a handful of tokens posted double-digit gains.Top 6 coins with the highest 24-hour price change. Source: Cointelegraph…