Bitcoin 'spoofing' drives BTC price to $97K amid record profit-taking
Bitcoin sellers, whether genuine or not, are refusing to allow a $100,000 BTC price milestone.
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BlockFi announces deal with FTX US, including ‘option to acquire’ for $240M
According to CEO Zac Prince, BlockFi signed agreements with FTX US totaling $680 million — for a company that had a $5 billion valuation in June 2021. 308 Total views 10 Total shares FTX US has inked a deal with BlockFi that will give the crypto derivatives exchange the option to purchase the lending firm.In…
Crypto crimes are no excuse for taking away digital asset fungibility
The modern world has become too small for comfort. The truth is that technological advancement is a double-edged sword, which has the potential to enhance human lives drastically at many levels and disrupt them in the blink of an eye, shaping things on a global level to an extent yet not seen. Even though we enjoy…
Why Crypto Liquidations Protect Us All
If the current COVID-19 pandemic has exemplified one thing, it is that our individual actions have consequences for all of us. Unfortunately, human nature propels the majority of humankind to put its individual interests first, and it takes a truly severe crisis to open our eyes to the interconnectedness of our actions.It is through assessment…
Goldman Sachs ‘Looking at Potential’ of Creating Virtual Currency, CEO Reveals
Goldman Sachs is performing “extensive research” on tokenization, the group’s chief executive told France’s Les Echos newspaper on June 27.David Solomon said he believes global payment systems are heading in the direction of stablecoins — cryptocurrencies pegged to fiat assets such as the U.S. dollar.Although he stopped short of confirming whether Goldman Sachs has had…
US authorities are investigating former FTX exec for potential campaign finance violations: Report
FTX Digital Markets co-CEO Ryan Salame was the individual who first reported FTX to Bahmanian authorities, but he reportedly may face charges of his own in the United States. Prosecutors in New York are reportedly looking into former FTX Digital Markets co-CEO Ryan Salame for potential violations of campaign finance law in the United States.According…
Rising Bitcoin futures funding rate signals traders expect $50,000 BTC
Today Bitcoin (BTC) price rallied to a new all-time high at $44,900 shortly after Tesla announced a $1.5 billion investment. This event triggered $555 million worth of shorts to be liquidated in two hours and it happened as Bitcoin futures open interest reached $13.7 billion, which is just 3% below its historical high.These price moves…
Bitcoin Code Reveals Satoshi Nakamoto Used a Russian Proxy
Satoshi Nakamoto may have relied on a Russian proxy as early as January 2009, when Bitcoin v0.1.0 was first released.Telltale signs appear in the file ‘irc.cpp’ on line 212, though this seems to be obfuscated with a simple cipher.Bitcoin v0.1.0 irc.cpp File Released January 9 2020. Source: Satoshi Nakamoto Institute.Spy gamesThis cipher seems to work…
Toronto Stock Exchange’s Listing of Bitcoin Fund Can Have a Major Impact on Crypto
On April 9, Canadian asset manager 3iQ announced that its efforts to launch a fund tied to Bitcoin (BTC) on the Toronto Stock Exchange had finally come to fruition after three years of continued legal disputes. As a result of this move, 3iQ has become the first firm to release such an offering commercially on…