Bitcoin strength wanes as crypto market stuck in 5 month ‘structurally ordered downtrend’
Bitcoin’s weekend rally to $65,000 has evaporated despite confirmation that the US Federal Reserve will cut rates in 2024.
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Ripple CTO says he lost $300K trading no-name altcoins
“I’ve bought quite a few cryptocurrencies that turned out to be disasters.” 767 Total views 12 Total shares David Schwartz, Ripple’s Chief Technology Officer, has revealed he lost more than $300,000 investing in altcoins.According to a Nov. 2 post on Quora asking readers if they had lost any money trading Bitcoin (BTC) and other cryptocurrencies,…

OneCoin Co-Founder Escapes 90-Year Jail Term Following Court Settlement
Konstantin Ignatov is probably breathing a sigh of relief today. Konstantin Ignatov, co-founder of major cryptocurrency exit scam, OneCoin, initially faced up to 90 years in jail after pleading guilty in November 2019. Now, however, it seems that Ignotov is no longer one of the key defendants in legal actions brought by victims of the…

Bybit hack a setback for institutional staking adoption: Everstake exec
Cryptocurrency exchange Bybit’s billion-dollar cybersecurity exploit was a setback for institutional adoption of crypto staking, Bohdan Opryshko, staking services provider Everstake’s chief operating officer, told Cointelegraph. On Feb. 21, the Lazarus Group, a hacking operation based in North Korea, gained access to Bybit’s wallet credentials and stole some $1.4 billion worth of liquid staked Ether (STETH).

Hermès asks court to halt sales of MetaBirkin NFTs following recent jury decision
The court filing from Hermès on Friday stated that Rothschild had continued to promote his NFTs even after a nine-member jury found Rothschild liable for trademark infringement, trademark dilution, and “cybersquatting.” 439 Total views 12 Total shares Own this piece of history Collect this article as an NFTHermès International, the French luxury fashion house, has…

Cointelegraph’s Top 100 reaches halfway point, with profiles 51–60 revealed
Take a peek at the next installment of Cointelegraph’s 2023 Top 100 list, with rankings 51–60 featuring Jack Mallers, Epic Games and more. 55 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe latest installment of Cointelegraph’s Top 100 is live, with positions 51–60 now revealed to the…

Data points to Ethereum price making a short-term rally to the $3.2K level
ETH’s onchain and derivatives data are looking stronger even as macroeconomic data remains concerning.

Beyond crypto: Zero-knowledge proofs show potential from voting to finance
An emerging cryptographic technology may provide help with two gaping 21st-century needs: Privacy and truth. by Andrew Singer 12 min October 11, 2023 Share Share Share Share In a world increasingly anxious about privacy and exploitation of one’s personal data by governments, corporations, social media platforms and banks, zero-knowledge proofs may offer some relief. Indeed

Spanish seafood firm partners with IBM for supply chain tracking
Spanish multinational seafood giant, Nueva Pescanova Group, has partnered with The IBM Food Trust to trace the shrimp and prawns it fishes on the blockchain. 4511 Total views 3 Total shares Spanish-based seafood firm, Nueva Pescanova Group, has announced its working with IBM to utilize its Food Trust platform — a distributed ledger technology platform…