Bitcoin sidechain creators tout new ‘permissionless’ version BitVM2
Robin Linus has unveiled a new whitepaper for BitVM2 and BitVM Bridge, two new developments that offer significant improvements to the original version of BitVM.
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BlockFi bankruptcy filing triggers a wide range of community reaction
Some pointed their fingers at podcaster Anthony Pompliano for promoting the crypto lending platform quite recently. 762 Total views 4 Total shares As crypto lending platform BlockFi filed for bankruptcy, members of the crypto community reacted with mixed feedback as another platform fell during the current bear market. Despite BlockFi citing the FTX contagion as the…
Bitcoin price taps $29.3K as data shows ‘most resilient’ US jobs market
Bitcoin (BTC) inched higher at the Aug. 4 Wall Street open as mixed United States unemployment data rocked dollar strength.BTC/USD 1-hour chart. Source: TradingViewU.S. unemployment gives mixed pictureData from Cointelegraph Markets Pro and TradingView followed BTC price action as BTC/USD set daily highs of $29,273.U.S. jobless figures came in below expectations on the day, at…
Bitcoin sell pressure may break $56K support as options expiry looms
The Bitcoin price could experience significant downside volatility unless it manages to recover above $60,000 before the options expire on Aug. 16.
US senators write to banking regulators about potential crypto discrimination
The four Republican senators sense hints of the Obama administration’s Operation Choke Point that used regulation against disfavored industries. 142 Total views 3 Total shares Own this piece of history Collect this article as an NFTFour United States Republican senators lead by Bill Hagerty have written a letter to the heads of federal banking regulatory…
Canadian crypto exchange gambled away $9.5M of users’ Bitcoin and Ether
The British Columbia Securities Commission reveals how ezBtc’s founder misappropriated millions in customer funds for personal use, leading to significant investor losses.
Former FTX US President lashes out at ‘insecure’ SBF in 49-part Twitter thread rant
Harrison said Bankman-Fried threatened to fire him on the spot and would destroy his professional reputation if he continued to confront the former FTX CEO. 539 Total views 4 Total shares Own this piece of history Collect this article as an NFTFormer FTX US President Brett Harrison has lashed out at Sam Bankman-Fried for manipulating…
T-Mobile sued by victim who lost $450K in Bitcoin in SIM swap attack
The wireless carrier is accused of failing to protect its customers from SIM swappers' lucrative heists. 384 Total views 1 Total shares Telecoms provider T-Mobile has become the latest corporate name to come under fire for its alleged negligence and failure to protect customer information, which indirectly enabled a "SIM swap attack" that led to…
Why Traders Expect Key Fibonacci Level to Drop Bitcoin Price to $5.3K
The Fibonacci Retracement indicator suggests that $5,300 is the main short-term trend level for Bitcoin. Given the tendency of BTC to retest key Fibonacci levels, it may indicate that the dominant cryptocurrency is likely to see another leg down.Since April 7, the Bitcoin price has dropped from $7,325 to sub-$6,600, by more than ten percent.…