Bitcoin trader warns of local BTC price top after $530M ETF inflows
BTC price “profit taking” has resulted from large ETF inflow days in the past, while both Bitcoin and Ether shrug off the latter’s ETF launch day.
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Cardano Co-Founder and CEO: We Anticipate a Hard Fork in Mid-February
Charles Hoskinson, co-founder and CEO of IOHK, the blockchain firm behind Cardano (ADA), said that he expects the coin to see a hard fork in mid-February.During a livestream on Jan. 17, Hoskinson noted that he expects Cardano’s consensus algorithm to be upgraded with a hard fork next month. He said that he has “pretty high…
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As trial begins, Sam Bankman-Fried’s lawyers push to exclude testimony from FTX users
Sam Bankman-Fried's legal team has requested the court block certain witnesses offering testimony on how they thought FTX would protect their assets. 180 Total views 3 Total shares The criminal trial of former FTX CEO Sam Bankman-Fried (SBF) is currently underway in New York, and his legal team has filed motions aiming to ban testimony
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BitMEX Reportedly Continues to Lose Market Share to Binance Futures
BitMEX, the world’s third largest crypto exchange, has continued to lose its market share to Binance exchange after the Black Thursday crash. 2007 Total views 46 Total shares BitMEX, one of the world’s biggest crypto derivatives exchanges, is still struggling to recover from a major market sell-off that followed the Black Thursday crash in March.According…
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UK regulators target Revolut for ‘material misstatement’ in audit: Report
“The auditors are being significantly more challenging now, because they’re getting beaten up by their regulators,” an individual familiar with Revolut's situation reportedly said. 1901 Total views 36 Total shares The United Kingdom’s Financial Reporting Council has reportedly found flaws in the audit of cryptocurrency-friendly payments app Revolut that included an “unacceptably high” risk of…
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Trust in stablecoins ‘infinitely more important’ than collateral
As the debate over the trustworthiness of stablecoins intensifies due to Terra, one expert thinks builders should push for the coins to be decentralized with a clear use case. 405 Total views 2 Total shares In light of recent market effects due to the collapse of the Terra USD (UST) stablecoin, several questions should be…
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French Hill poised to chair House Financial Services Committee in 2025
The Arkansas Representative is expected to take over leadership at the House committee crucial to digital asset policy following the departure of Patrick McHenry.
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Private Blockchain Browser Brave Doubles Monthly Active Users in 2019
Privacy-oriented blockchain web browser Brave has seen its monthly active users (MAU) almost double from 5.5 million in 2018 to 10.4 million in 2019. At the same time, Brave’s daily active users (DAU) have tripled over the past year to reach 3.3 million, the firm announced Dec. 5.According to the company, the recent growth in…
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China’s Cyberspace Watchdog Approves 309 More Blockchain Services
The Cyberspace Administration of China, the country’s central Internet regulator, censor, oversight and control agency, has published its second list of registered blockchain service providers.The new batch comprises 309 companies that are representatives of various industries, including cultural tourism, education, e-commerce, law, healthcare and supply chains, Chinese news outlet 8BTC reported on Oct. 21.Traditional sectors…