Bitcoin to hit $200K by end of 2025 regardless of election — Bank exec
The 2024 election is projected to be a tight race on the granular local level, but this shouldn’t matter for the long-term price of BTC.
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New finance minister Kwasi Kwarteng leaves crypto policy in the UK unclear
While serving as the secretary of state for business, energy and industrial strategy, Nadhim Zahawi was part of a department suggesting support for blockchain technology in 2021. 182 Total views 33 Total shares Recently elected Conservative Party leader and prime minister of the United Kingdom Liz Truss has appointed Kwasi Kwarteng as the country’s newest…
Jackpot! User turns $200 into $250K thanks to a buggy DeFi protocol
An anonymous user managed to net a profit of $250k from a $200 outlay due to a flaw in a DeFi protocol clone’s rebase code. An anonymous user has revealed how he made $250k in profits from a minor investment in a cloned version of Yearn.finance called Soft Yearn (SYFI).The token SYFI was launched as…
White hat hackers have returned $32.6M worth of tokens to Nomad bridge
The cross-chain bridge was drained of its assets in less than three hours. 510 Total views 17 Total shares Mere hours after the Nomad token bridge published an Ethereum wallet address last week for the return of funds following a $190 million hack, whitehat hackers have since returned approximately $32.6 million worth of funds. The…
Elon says AI will ‘do everything better than you,’ make employment obsolete
Despite having fathered at least 10 children, Musk also seems to think humans will struggle to find meaning in their lives without employment.
IRS crypto tax reporting rules threat to industry — Coinbase legal chief
The IRS proposed the new crypto tax reporting rules in August, and if approved, the new crypto tax regime will come into effect from January 2026. 78 Total views 2 Total shares Coinbase crypto exchange chief legal officer Paul Grewal called on the crypto community to join the movement against the United States Treasury’s proposed
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…
China’s Central Bank Seeks Digital Currency Specialists
The Chinese central bank, the People’s Bank of China (PBoC), has opened four positions for crypto-related professionals, according to a document published Wednesday, Oct. 10 on the bank’s website.Per the paper, PBoC is seeking two engineers at their Digital Money Institute with experience in blockchain and cryptography, security, and chip design. The bank wants the…
Digital Asset Company AlphaPoint Upgrades Security Token Services for Institutions
Digital asset services provider AlphaPoint has upgraded its security token solution designed for institutional clients, according to a press release obtained by Cointelegraph Thursday, March 28.The company that provides services to private equity, real estate, funds, and other institutional investors is now offering to issue asset-backed security tokens for its clients. AlphaPoint believes that tokenization will increase liquidity…